Direct Loan Canada Blog

Pfizer expects to earn approximately US$15 billion in revenue from its COVID-19 vaccine this year, the company said Tuesday.
Source: ctv business
Pfizer expects to rake in sales of USB from its COVID-19 vaccine this year

Boeing Co. has said it will dole out annual performance bonuses next month to most employees despite losing US$12 billion over the last year during the coronavirus pandemic.
Source: ctv business
Boeing giving employee bonuses despite losing USB last year

Canadian regulators have said they will act if they see ‘abusive’ or ‘manipulative’ trading, as Reddit and other social media sites stoke stock mania.
Source: ctv business
Regulators eye Reddit stock rallies, but manipulation may be hard to prove: experts

Astra, a startup that makes small rockets to send satellites into orbit, is going public at a valuation of US$2.1 billion through a deal with blank-check company Holicity Inc, the companies said on Tuesday.
Source: ctv business
Rocket startup Astra to go public through US.1B blank-check deal

Hedge funds that bet against GameStop and other stocks have been crushed by the Reddit army — and they’re infecting the rest of Wall Street.
Source: ctv business
Hedge funds are getting crushed by the worst short squeeze in a quarter century

It had been a while since Alana Fiks had been able to open her shop in Winnipeg when she spoke about the impact of COVID-19.
Source: ctv business
LGBTQ businesses, hit hard by COVID-19, look for shifts in federal programs

Stocks were broadly higher in afternoon trading Tuesday, but shares of closely watched companies like GameStop and AMC Entertainment were falling sharply.
Source: ctv business
Broader stock market rises, but GameStop and AMC crumble

After making thousands off GameStop stock last week, a 20-year-old college student used his newfound riches to pay it forward to a local children’s hospital by donating video games.
Source: ctv business
A college student made big bucks off GameStop stock. Now he’s donating video games to a children’s hospital

Shares in Canadian silver mining companies are posting double-digit increases as the price of the shiny white metal surges to multi-year highs driven by retail investors.
Source: ctv business
Silver’s sudden price surge bumps mining stocks as online posts pique retail interest

One month after Britain made a New Year split from the European Union’s economic embrace, businesses that once traded freely are getting used to frustrating checks, delays and red tape.
Source: ctv business
A month on, post-Brexit ‘teething problems’ hit U.K.-EU trade