Direct Loan Canada Blog

Experts say the flexibility offered by popular peer-to-peer marketplace apps comes with risks.
Source: ctv business
Planning to rent a car, house or pool through an app? Here’s what you should know

Chipmaker Intel Corp. is cutting 15 per cent of its massive workforce, about 15,000 jobs, as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Source: ctv business
Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Amazon has reported a boost in its quarterly profits, but the company missed revenue estimates, sending stocks lower in after-hours trading.
Source: ctv business
Amazon reports boost in quarterly profits but misses revenue estimates

BCE Inc. boosted its profits despite a dip in revenue last quarter as the telecom giant began to feel the financial effect of thousands of job cuts from earlier this year.
Source: ctv business
BCE reports profit boost after wave of job cuts

Turbulence is knocking a beloved instant-noodle offering off Korean Air’s economy menu. Cups of Shin Ramyun instant noodles, a favourite among Korean Air travellers over the years, will no longer be available for economy-class passengers starting Aug. 15, a spokesperson for the Seoul-based airline said.
Source: ctv business
Korean Air says turbulence is knocking instant noodles off its economy menu

The U.S. Department of Transportation is proposing a new rule that would ban airlines from charging parents more to sit with their young children.
Source: ctv business
Proposed rule would ban U.S. airlines from charging parents to sit with their children

A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers.
Source: ctv business
Ontario developer coalition asks governments for tax breaks to pass on to homebuyers

As of June, Ottawa has only built 1,593 homes out of its target goal of 12,583 homes, according to the most recent data available from the Ontario government.
Source: ctv business
Ottawa lagging behind 2024 housing starts goal

New mortgage rules from the federal government taking effect Thursday won’t “move the needle,” according to some experts in the housing industry.
Source: ctv business
Changes are coming to mortgage rules. Will they help you afford a new home?

Spin Master Corp.’s chief executive is optimistic the year will end on a high note for the toy market, despite shoppers sticking with their deal-hunting behaviours.
Source: ctv business
Spin Master sees ‘positive’ back half of year for toy market after posting Q2 loss