Direct Loan Canada Blog

Stocks were mostly lower in afternoon trading as another tick up in bond yields gave investors pause. Wall Street continues to look to Washington, where economic data, comments out of the Federal Reserve and President Joe Biden’s stimulus package remain front and centre.
Source: ctv business
Stocks move mostly lower as bond yields resume their climb

With Australians still unable to travel abroad due to pandemic restrictions, flag carrier Qantas is launching a series of ‘Mystery Flights’ to encourage domestic travel.
Source: ctv business
Qantas launches ‘Mystery Flights’ as Australia extends international travel ban

A federal judge ordered Exxon Mobil to pay a US$14.25 million civil penalty Tuesday in an 11-year-old lawsuit alleging it violated the Clean Air Act for eight years at its flagship Baytown, Texas, refinery.
Source: ctv business
Exxon Mobil ordered to pay US.25M penalty in pollution case

Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year.
Source: ctv business
Rio Tinto chairman leaving over destruction of sacred sites in Australia

China-based government hackers have exploited a bug in Microsoft’s email server software to target U.S. organizations, the company said Tuesday.
Source: ctv business
Microsoft says China-based hackers found bug to target U.S. firms

The federal government is telling an appeal court it had to provide U.S. authorities with customer information from Canadian banks to avoid possibly “catastrophic effects” on Canada’s economy.
Source: ctv business
Sending bank customer info to U.S. avoided potentially ‘catastrophic effects’: Canada

The Canada Mortgage and Housing Corp. says Romy Bowers will succeed Evan Siddall as its chief executive beginning next month.
Source: ctv business
Romy Bowers to succeed Evan Siddall as CMHC CEO in April

The federal government says the door is open to help producers affected by the closure of a central Alberta pork plant where an outbreak of COVID-19 has infected hundreds of workers and resulted in three deaths.
Source: ctv business
‘Door is open’: Ottawa ready to help pork producers affected by Olymel shutdown

The Canada Revenue Agency says some taxpayers who repaid COVID-19 related benefits in 2020 are getting incorrect tax slips.
Source: ctv business
CRA says ‘rare’ error in some tax slips lists repaid CERB as taxable income

Amazon has quietly changed the design of its new app icon, replacing the blue ribbon on top that drew some unfavourable comparisons.
Source: ctv business
Amazon quietly changed its app icon after some unfavourable comparisons