CBJ News

Unilever Rejects Kraft Heinz Bid

CBJ — Unilever has rejected a $143 billion takeover bid from U.S. food company Kraft Heinz, saying it saw no reason to discuss a deal which it said had no financial or strategic merit. [...]

Enbridge to Invest $1.7B in German Wind Project

CBJ — Enbridge Inc. will invest $1.7 billion in a North Sea off-shore wind energy project off the coast of Germany. The Calgary-based company says it will have 50% ownership of the Hohe See [...]

Trump and Trudeau Meet in Washington

CBJ — One has proudly declared himself a feminist, while the other inspired hundreds of thousands of people to take to the streets in protest of his stances on issues affecting women and [...]

Tiffany & Co Looks for new CEO

The CEO of Tiffany & Co. has stepped down amid concerns about the jewelry company’s financial performance. The New York-based retailer announced that Frederic Cumenal’s departure [...]

Saskatchewan’s Ballooning Deficit

CBJ — Saskatchewan Premier Brad Wall says the provincial deficit is up to about $1.2 billion and wage freezes for potentially years down the road are on the table. Wall delivered the grim [...]

B.C.’s Softwood Lumber Lobby Plan

CBJ — The B.C. Lumber Trade Council and provincial government will try to convince American consumers, politicians and lumber buyers that an equitable softwood lumber deal is needed to [...]

Alphabet Ups Quarterly Revenue By 22%

CBJ — Google parent Alphabet Inc posted fourth-quarter profit below analysts’ estimates, sending its shares down almost 3%. However, the company posted a stronger-than-expected 22.2% [...]

Emera to Spend $6.2M on Smart-grid Tech Research

CBJ — Emera is spending $6.2 million on the creation of a research centre for so-called smart-grid technologies at the University of New Brunswick. The Halifax-based energy company says the [...]

Keystone XL Begins Revival Process

CBJ — TransCanada Corp. has officially revived the once-dead Keystone XL pipeline with a new application for a presidential permit. The application came two days after U.S. President Donald [...]

Trump Dumps TPP

CBJ — On his first weekday morning as the 45th President of the United States, Donald Trump signed an executive order to remove the U.S. from The 12-country Trans-Pacific Partnership trade [...]

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