CBJ News

Feds Ran $2.1B Deficit April-November

CBJ — According to figures from the Federal Finance Department, the Canadian government ran a deficit of $2.1 billion through the first eight months of its 2018-19 fiscal year compared with [...]

Toyota Targets Chinese Sales

CBJ — Toyota aims to raise vehicle sales in China by 8% to 1.6 million this year. Toyota sold 1.47 million vehicles in China last year, up 14.3% from 2017. Toyota’s forecast comes at a time [...]

WhatsApp, Instagram and Facebook Messenger to Integrate

CBJ — A report in the New York times says Facebook founder and Chief Executive Officer Mark Zuckerberg is planning to unify the underlying messaging infrastructure of its WhatsApp, [...]

BuzzFeed Woes Continue

CBJ — It’s been a rough start to the year for online media outlet BuzzFeed, which is now preparing to lay off about 15% of its employees, and confirmed by its CEO Jonah Peretti. The [...]

GM Investing $22M in Tennessee Plant

CBJ — General Motors plans to invest $22 million at its Tennessee plant to build fuel-efficient engines. The U.S. automaker will add more than 200 jobs at the Spring Hill plant to make [...]

Canada Reaches $40M 5G Deal with Nokia

CBJ — Just recently Chinese officials warned Canada not to jeopardize a potential partnership with Huawei for developing 5G telecom networks in this country, or else there would be serious [...]

Dollarama Opens Online Store

CBJ — Discount retailer Dollarama has opened its online store in Canada, which allows customers to buy a number of their products in bulk. The online store will feature about 1,000 [...]

Wholesale and Manufacturing Down in November

CBJ — The Canadian economy showed signs of weakness in November as both wholesale and manufacturing sales fell according to figures released by Statistics Canada. Wholesale trade fell an [...]

Stronach Feud Intensifies

CBJ — A family feud involving Canadian auto parts magnate Frank Stronach and his daughter Belinda Stronach has taken another turn with the daughter accusing her father Frank of squandering [...]

Swiss Banker Convicted of Giving Germany Data Secrets

CBJ — A former high-ranking UBS banker has been convicted of selling information about wealthy German tax evaders to German authorities. The espionage charges against the banker turned to a [...]

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