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McDonald’s renovates for upscale feel
CBJ – May 11 – Household fast food chain McDonald’s Restaurants plans to revamp its worldwide locations to have a more upscale look, the company said. Reports indicate that the $1 billion-plus makeover hopes to update more than 14,000 McDonald’s locations by ...Google launches music platform, music by Google
CBJ – May 10 – Google Inc. is today expected to announce the release of its new beta music platform, Music By Google, a service many analysts have compared to a music offering from Amazon.com Inc. Music By Google will allow users to store ...
Microsoft to buy Skype in $8.5B deal
CBJ – May 10 – Software conglomerate Microsoft Corp. has prepared a $8.5 billion all-cash offer to buy Internet phone and video service provider Skype Technologies, according to reports. Analysts believe the move by Microsoft is a motivation to close a gap in the ...April job growth means slow U.S. recovery
CBJ – May 4 – The American labour market appears to be strengthening, according to reports.Reports indicate that companies throughout the United States added more than 179,000 jobs in the month of April, refreshing news for the country's near stagnant economic recovery and sluggish improvement ...AOL's Q1 reports 86% profit loss
CBJ – May 4 – The first quarter profits of America Online (AOL) have taken a significant dip, according to reports, as 2011 Q1 figures fell to $4.7 million profit, about four cents a share, down from $34.7 million and 39 cents, respectively, from 2010's ...Chrysler reports first post-bankruptcy earnings
CBJ – May 02 – Chrysler Group has reported a profitable first quarter, its first of successful earnings since the automaker company declared bankruptcy nearly two years ago.Chrysler, which declared bankruptcy in April 2009, is now partially owned by Italian automaker Fiat, which has played ...Constellation Group to be sold to Exelon
CBJ – April 28 – Chicago-based energy company Exelon Corp. will buy rival energy magnate Constellation Energy Group, of Baltimore, Md., in a reported $7.9 billion purchase, according to reports.America's top nuclear power company, Exelon will add about 1.2 million customers in the deal, expected ...Analysts: Expect strong Q1 for Ford Motor Co.
CBJ – April 25 – Ford Motor Co. could announce its strongest first quarter in more than 11 years, according to reports.With tomorrow's announcement of 2011 first quarter profits, several analysts are projecting the strongest first quarter since 1998 for the automotive manufacturer.A shift toward ...
BP suing Halliburton over gulf spill
CBJ – April 21 – BP Plc marked the one-year anniversary of the Deepwater Horizon disaster in the Gulf of Mexico by filing a lawsuit against Halliburton Co., the Wall Street Journal is reporting. BP (NYSE: BP) filed the suit yesterday against the Houston-based oilfield service ...
A quarter of Americans have only cellphones: study
CBJ – April 20 – More than a quarter of all Americans live in homes with no landline telephones but at least one cellphone, according to a study by the U.S. Department of Health and Human Services, released today. As of the first half of ...
The Canadian economy is forecasted to grow by 2 per cent in 2012. Can we reach that level, or will the ongoing global crises prevent it?
