Direct Loan Canada Blog

The hack of a company that manages ticket-processing and frequent-flier data for major global airlines — including Star Alliance and OneWorld members — has compromised the personal data of an unspecified number of travellers.
Source: ctv business
Airline IT provider hacked, frequent flyer data breached

Microscopic examination supports early suspicions that wear and tear caused a fan blade to snap inside one engine of a United Airlines plane that made an emergency landing shortly after takeoff last month in Denver, federal safety investigators said Friday.
Source: ctv business
Exam finds multiple cracks in part of United jet’s engine

Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made over $13 million by fooling investors zealous over the emerging cryptocurrency market, authorities said Friday.
Source: ctv business
Antivirus software creator charged with cheating investors

January saw Canada post its first trade surplus since May 2019 as exports surged higher to start the year.
Source: ctv business
Canada posts .4B trade surplus for January, first surplus since May 2019

Source: ctv business
HBC sells stake in Saks online business for US0M, makes it a separate company

Stocks are swerving through another rocky ride Friday, as investors struggle to figure out what an encouraging report on the economy and the recent march higher for bond yields should mean for the market.
Source: ctv business
Stocks swerve as economy, yield pressure heat up; tech sinks

Canada’s main stock index reversed early losses to close higher Friday on signs of a quicker economic recovery that sent crude oil prices to a near two-year high.
Source: ctv business
S&P/TSX composite rebounds from early losses on signs of strong economic recovery

The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Canadian Natural Resources Ltd. forced to digest a related $143-million charge on its fourth-quarter results on Thursday.
Source: ctv business
Canadian Natural out 3M because of Keystone XL charge, raises dividend 11 per cent

Countries should be on the lookout for counterfeit COVID-19 vaccines, as they are an easy target for crime networks, according to Interpol.
Source: ctv business
Recent arrests over counterfeit COVID-19 vaccines just the ‘tip of the iceberg’: Interpol

Ottawa has come up with a simpler way to claim expenses for that spare room or corner that became a makeshift office last spring when pandemic lockdowns went into effect across the country.
Source: ctv business
Detailed vs. flat rate: New way to claim work-from-home costs gives workers options