CBJ News

CP Rail Strike Averted — For Now

CBJ — A rail strike has been temporarily averted after the federal labour minister ordered employees of Canadian Pacific Railway to vote on the company’s final offers, just hours [...]

Tim Hortons Raises $800K for Humboldt Broncos

CBJ — Tim Hortons says the sale of a doughnut bearing the colours of the Humboldt Broncos has helped raise more than $800,000 for the junior hockey team that was involved in a horrific [...]

Fairfax Wants Toys ‘R’ Us

CBJ — Fairfax Financial has placed a bid of US$300 million to buy Toys ‘R’ Us’s Canadian operations in bankruptcy. According to court papers the bidder is taking on a role [...]

Bank Rate Steady at 1.25%

CBJ — The Bank of Canada has kept its benchmark interest rate at 1.2%, although hikes could be in the offing in the not so distant future. “Governing council has agreed that, over [...]

Trudeau Addresses French Parliament

CBJ — Justin Trudeau made history in becoming the first Canadian Prime Minister to address France’s parliament during a two-day visit to the country. Trudeau is one of just several [...]

Alberta-B.C. Feud Intensifies

CBJ — The feud between Alberta and British Columbia has been ratcheted up a notch after the Alberta government said it would restrict the flow of oil into its provincial neighbour to the [...]

Mellon Heir Dies at 54

CBJ — Billionaire banking heir Matthew Mellon has died at the age of 54. A cause of death was not revealed. Mellon comes from the Mellon and Drexel families of Bank of New York Mellon and [...]

U.S. Bans American Companies from Working with ZTE of China

CBJ — According to a report by Reuters, the U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment maker ZTE for seven years for [...]

Icahn Reaches Tropicana Deal

CBJ — Billionaire investor Carl Icahn’s company struck a $1.85 billion deal that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts. The [...]

Korean Air Rage

CBJ — Korean Air Lines has suspended one of its chairman’s daughters from her marketing work after she threw a tantrum at a business meeting. The police are now investigating whether [...]

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