Sunday, September 23, 2018Canada's Leading Online Business Magazine

CBJ News

Casino Workers Reach Agreement

CBJ — Unifor President Jerry Dias says his union has reached a tentative contract agreement with Great Canadian Casino Corp. for about 1,800 employees at five Ontario casinos. The union [...]

Amazon to Open a Centre in Caledon

CBJ — Amazon will open a new fulfillment centre in Caledon, Ont. that will create more than 800 full-time jobs. Those hired will pick, pack and ship books, electronics and toys. The [...]

Lululemon Names New CEO

CBJ – Vancouver-based apparel maker Lululemon Athletica has named Calvin McDonald as its new chief executive officer, replacing Laurent Potdevin. McDonald joins from LVMH’s cosmetics retailer [...]

Harley-Davidson Beats Profit Estimates

CBJ — Harley-Davidson’s shares have rallied after the American motorcycle maker forecast a lower-than-expected hit to profit margins from President Donald Trump’s trade tariffs and [...]

Tesla Stock Declines

CBJ — Tesla stock has taken another hit following the release of a report that claims the electric automaker asked at least one of its suppliers for a refund in order to help it turn a [...]

NY Daily News Makes Major Newsroom Cuts

CBJ — The New York tabloid Daily News has laid off a number of journalists in its newsroom, including senior executives. Some reports claim about 50% of the staff were let go. The newspaper [...]

Facebook Expanding in London

CBJ — Facebook is effectively doubling its presence in London with the acquisition of about 600,000 square feet of office space across two buildings in King’s Cross. An office of that [...]

Executive Turmoil at Fiat Chrysler

There has been a lot of commotion at the top of Fiat Chrysler, which has had to deal with several executive management changes recently. Mike Manley, who heads up the Jeep division, has been [...]

BP Canada Resumes Nova Scotia Drilling

CBJ — The Canada-Nova Scotia Offshore Petroleum Board has granted permission to BP Canada to resume drilling operations off the coast of Nova Scotia. The decision comes a month after a [...]

Microsoft Shares At All-Time High

CBJ — Microsoft shares have risen 5% to an all-time high, after investors showed their approval for another strong quarterly report, backed mainly by growth in its legacy software business [...]

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