Direct Loan Canada Blog

Saks Fifth Avenue says it will stop selling animal fur products by the end of the 2022 fiscal year both online and in stores.
Source: ctv business
Saks Fifth Avenue to stop selling animal fur products

Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale and Department Store Union in much-anticipated election results announced Friday.
Source: ctv business
After Amazon: Union tries to regroup in wake of Alabama loss

Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan (US$2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries.
Source: ctv business
Alibaba fined US.8 billion on monopoly charge in China

A letter calling for Google’s parent company Alphabet to better protect people who report sexual harassment on the job was signed by more than 1,000 workers soon after being posted online Friday.
Source: ctv business
Workers urge Google parent company to get tough on harassment

Facebook is showing different job ads to women and men in a way that might run afoul of anti-discrimination laws, according to a new study.
Source: ctv business
Facebook delivers biased job ads, skewed by gender: study

U.S. President Joe Biden asked Congress to sharply increase spending to combat climate change and gun violence in a budget that marks a sharp departure from his predecessor, Donald Trump
Source: ctv business
Biden’s first budget marks sharp change from Trump years

Airlines pulled dozens of Boeing Max 737s out of service for inspections after the aircraft maker told them about a possible electrical problem, the latest setback for plane.
Source: ctv business
Airlines pull Boeing Max jets to inspect electrical systems

Statistics Canada says the economy added 303,000 jobs in in March as employment increased, with gains in sectors hardest hit by public health restrictions.
Source: ctv business
Economy adds 303,000 jobs in March, unemployment rate falls, Statistics Canada says

Airlines slammed Britain’s plans for restarting international travel, saying that expensive testing requirements for trips to low-risk countries would mean that only wealthy people could take holidays abroad.
Source: ctv business
Holidays for the rich: Airlines criticize Britain’s travel restart plan

Stocks were slightly higher in afternoon trading Friday, as a rise in bond yields helped lift the shares of banks.
Source: ctv business
Stocks edge higher as bond yields, bank stocks rise