Direct Loan Canada Blog

A federal judge on Friday ruled for Florida in a lawsuit challenging a U.S. Centers for Disease Control and Prevention order making it difficult for cruise ships to resume sailing due to the coronavirus pandemic.
Source: ctv business
Judge rules for Florida on CDC order blocking cruise ships

With tourists flocking to distilleries, concerns about a pandemic hangover for Kentucky’s world-famous bourbon industry are quickly evaporating.
Source: ctv business
Bourbon tourism shaking off pandemic slump in Kentucky

As the Canadian upscale parka brand Moose Knuckles continues to expand its empire, its new executive chairman says the brand is slowly becoming the next staple within the luxury apparel market.
Source: ctv business
Parkas are the new handbag: Moose Knuckles plots growth with luxury market veteran

The coronavirus pandemic and changing consumer habits threaten to put an end to a decades-old practice of allowing elderly people in Mexico to earn extra income as grocery store baggers.
Source: ctv business
Mexican elderly lose work as grocery baggers, protest

A Belgian court ruled Friday that coronavirus vaccine-maker AstraZeneca had committed a ‘serious breach’ of its contract with the European Union amid a major legal battle over delivery obligations that has tarnished the company’s image.
Source: ctv business
AstraZeneca, EU both claim a win in COVID-19 vaccine delivery tussle

Stocks were broadly lower Friday after a Federal Reserve official said that the nation’s central bank might need to raise interest rates as early as next year, sooner than the Fed’s latest estimate of possible rate increases in 2023.
Source: ctv business
U.S. stocks lower after Fed official sees rate hikes in 2022

Canada’s main stock index had its first losing week since early May and dropped below the 20,000-point milestone for the first time in two weeks as the prospect of early interest rate hikes rattled investors.
Source: ctv business
S&P/TSX composite down for first week since early May on interest rate hike prospects

Wall Street is in a rush to get workers back in the office to bring back the face-to-face camaraderie, training and to negate security concerns
Source: ctv business
Why Wall Street is in such a rush to get workers back to the office

Lufthansa’s chief executive said Friday that the company aims to pay back billions of euros in aid provided to help the airline through the coronavirus pandemic before Germany’s election in late September.
Source: ctv business
Germany’s Lufthansa aims to pay back government aid quickly

On CTVNews.ca, CTV News’ Chief Financial Commentator Pattie Lovett-Reid shares her advice for the winner of the Lotto Max draw, the largest prize pool in Canadian lottery history with a projected jackpot of $70 million.
Source: ctv business
Pattie Lovett-Reid: Advice for the M lottery jackpot winner