Direct Loan Canada Blog

U.S. stocks are drifting on Thursday as more big companies report profits for the summer that weren’t as bad as Wall Street feared.
Source: ctv business
U.S. stock indexes drift amid profit reports, stimulus talks

Short-video app Quibi is shutting down just six months after its early April launch after struggling to find customers.
Source: ctv business
Short-video app Quibi shutting down just months after launch

WestJet says it will now offer refunds to passengers whose travel plans were cancelled because of COVID-19.
Source: ctv business
‘Heard loud and clear’: WestJet shifts refund policy for pre-COVID-19 flights

Bank tellers are out and robotics engineers are in, according to a new report that says the coronavirus recession is accelerating technological changes that could displace 85 million jobs within the next five years.
Source: ctv business
The pandemic is speeding up automation, and 85 million jobs are on the line

Air Canada is offering a rare opportunity for people to fly on their fleet of all-business class planes.
Source: ctv business
Air Canada offers rare opportunity to fly on their all-business class planes

Canada Post is urging Canadians to shop early this holiday season to avoid the late arrival of gifts caused by a pandemic-induced shift to online shopping.
Source: ctv business
Canada Post urging early Christmas shopping as it gears up for online shopping rush

Drugmaker Purdue Pharma, the company behind OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to federal criminal charges as part of a settlement of more than $8 billion, the Justice Department announced Wednesday.
Source: ctv business
OxyContin maker Purdue Pharma to plead to 3 criminal charges

Statistics Canada says retail sales rose 0.4 per cent to $53.2 billion in August.
Source: ctv business
Retail sales rose 0.4 per cent in August to .2B, Statistics Canada reports

The British government says it will resume trade negotiations with the European Union in London later this week — days after Prime Minister Boris Johnson declared the talks over.
Source: ctv business
U.K.-EU trade talks back on after the bloc’s olive branch

Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic.
Source: ctv business
Cathay Pacific cuts 8,500 jobs, shutters regional airline