CBJ News

GM and Unifor Continue Talks

CBJ — Unifor President Jerry Dias doesn’t like taking no for an answer.  He still believes that jobs can be saved at the General Motors assembly plant in Oshawa, Ontario, in spite of [...]

Disney Buys Fox Entertainment for $71B

CBJ — The much talked about Disney media acquisition of Fox’s entertainment business has now been finalized in a transaction worth $71 billion. Iconic movies and television shows such [...]

Morneau Delivers Federal Budget

CBJ — Federal Finance Minister Bill Morneau tabled the government’s pre-election budget on Tuesday and it was largely underwhelming according to the opposition Conservatives and NDP. [...]

Norsk Hydro Hit By Cyber Attack

CBJ — Norsk Hydro, one of the world’s largest producers of aluminum is working to contain a major cyber attack, which impacted certain areas of production. The resultant attack sent its [...]

Air Canada Grounds Max 8 Until July

CBJ — In the midst of ongoing safety investigations Air Canada intends to ground the Boeing 737 Max 8 from service until at least July 1. The move by the nation’s largest airliner has [...]

Tilray Doubles Revenue; Losses Mount

CBJ — Cannabis company Tilray more than doubled its revenue in 2018 as pot became legal in Canada, but had a net loss of $67.7 million as it expanded rapidly. Its revenue for the year was [...]

Boeing 737 Max Amendments

CBJ — Airplane maker Boeing has nearly completed the development of a software upgrade and a revision of pilot training for its 737 MAX, the plane that has suffered two fatal crashes in the [...]

Lyft offers 30 Million Shares

CBJ — Lyft started the road show for its initial public offering, saying it plans to put more than 30 million shares up for sale with an anticipated price of between $62 and $68 per share. [...]

Trump Slams GM For Ohio Plant Closure

CBJ — U.S. President Donald Trump has slammed General Motors for its decision to close its Ohio manufacturing plant and is putting pressure on the automaker to reconsider and save 1,700 [...]

U.S. Tariff Relief Pending

CBJ — Relief is coming for Canada regarding the restrictive tariffs placed on steel and aluminum by the U.S. government. The U.S. is looking to devise a method whereby Canada and Mexico [...]

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