Direct Loan Canada Blog

Apple has agreed to let developers of iPhone apps email their users about cheaper ways to pay for digital subscriptions and media by circumventing a commission system that generates billions of dollars annually for the iPhone maker.
Source: ctv business
Apple loosens app store payment rules in lawsuit settlement

CIBC’s chief executive offered an impassioned defence of Canada’s banking sector the day after Liberal Leader Justin Trudeau made a campaign pledge to raise the tax rate for the industry.
Source: ctv business
CIBC chief Victor Dodig defends banking sector after Trudeau tax proposal

TD Bank Group beat expectations as it reported a third-quarter profit of $3.55 billion, up from $2.25 billion in the same quarter last year.
Source: ctv business
TD Bank reports .55B Q3 profit, up from .25B a year ago, beats expectations

Losses in the technology sector helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets also fell.
Source: ctv business
U.S. and Canadian stock markets lower in late-morning trading, loonie down

Cruise lines have detected infections among vaccinated crew members and passengers, including in an elderly traveler who recently died. The CDC has recommended that passengers show both a recent negative COVID test and proof they’ve been immunized.
Source: ctv business
Cruise lines require vaccinations, tests, amid virus surge

After more than a year of not allowing customers to use reusable mugs in their stores due to COVID-19 fears, Starbucks has announced they’re reintroducing them.
Source: ctv business
Starbucks has reintroduced reusable mugs; Tim Hortons still evaluating the idea

Air Canada said on Wednesday it would require all employees to get vaccinated against COVID-19, as the fast-spreading Delta variant drives an increase in infections.
Source: ctv business
Air Canada mandates COVID-19 vaccination for all employees

The Diamond Princess cruise ship, which became one of the earliest hotbeds for coronavirus infections when the pandemic broke out last year, will delay its return to sailing to spring of 2022, vessel operator Princess Cruises said on Wednesday.
Source: ctv business
Carnival’s Diamond Princess cruise ship delays return to sailing to spring

Delta Air Lines will charge employees on the company health plan US$200 a month if they fail to get vaccinated against COVID-19, a policy the airline’s top executive says is necessary because the average hospital stay for the virus costs the airline $40,000.
Source: ctv business
Delta Air Lines will make unvaccinated employees pay charge

The Minnesota Supreme Court on Tuesday declined to hear an appeal by opponents of Enbridge Energy’s Line 3 oil pipeline, letting stand a key decision by independent regulators to allow construction on the project to proceed.
Source: ctv business
Minnesota Supreme Court delivers blow to Line 3 opponents