Direct Loan Canada Blog

On International Women’s Day, CTV News’ Chief Financial Commentator Pattie Lovett-Reid examines the pandemic’s economic toll on women and her hopes for the future in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: International Women’s Day and we are not OK?

Stocks were higher in afternoon trading Monday, as weakness in technology companies was more than offset by strength in banks and other sectors. Investors continued to closely watch the bond market, where another tick up in bond yields was giving some investors pause.
Source: ctv business
Stocks move higher on Wall Street despite bond yields rising

The Royal Bank of Canada has replaced Shopify Inc. as the country’s most valuable company as the technology sector faded Monday despite a run-up of the S&P/TSX composite index.
Source: ctv business
Royal Bank replaces Shopify as most valuable company as TSX hits intraday high

MacKenzie Scott, philanthropist, author and former wife of Amazon founder Jeff Bezos, has married a Seattle science teacher who expressed gratitude ‘for the exceptional privilege it will be to partner in giving away assets with the potential to do so much good when shared.’
Source: ctv business
MacKenzie Scott marries Seattle teacher after Bezos divorce

Alaska has sued 21 businesses involved in the poultry industry, claiming the businesses operated a cartel and illegally inflated the price of most chicken sold in the state.
Source: ctv business
Alaska seeks over USB in lawsuit against poultry industry

In the aftermath of the COVID-19 pandemic, Canada’s tourism industry is facing a crisis greater than the combined impacts of Sept. 11, 2001, the SARS outbreak and the global financial crisis, according to a new report.
Source: ctv business
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

The escalation of violence in Myanmar as authorities crack down on protests against the Feb. 1 coup is raising pressure for more sanctions against the junta, even as countries struggle over how to best sway military leaders inured to global condemnation.
Source: ctv business
Escalating violence ups pressure for Myanmar sanctions

The Milan fashion house Dolce&Gabbana has filed a defamation suit in an Italian court seeking over US$600 million in damages from two U.S. fashion bloggers who reposted anti-Asian comments attributed to one of the designers that led to a boycott by Asian consumers.
Source: ctv business
Dolce&Gabbana seeks over 0M damages from 2 U.S. bloggers

John David McAfee, the eccentric antivirus software pioneer, has been indicted on fraud and money laundering charges by the Department of Justice, which alleges he and a business partner participated in a scheme that earned more than $13 million by falsely promoting cryptocurrency to unwitting investors.
Source: ctv business
John McAfee facing charges for alleged cryptocurrency ‘pump and dump’ scheme on Twitter

Boeing CEO David Calhoun declined a salary and performance bonus for most of last year but still received stock benefits that pushed the estimated value of his compensation to more than US$21 million, according to a regulatory filing Friday.
Source: ctv business
Boeing CEO waived pay, got compensation worth US million