CBJ News

Trump Following Through on Chinese Tariffs

CBJ — U.S. President Donald Trump is moving ahead with a plan to impose 10% tariffs on about $200 billion worth of Chinese imports. A few products did escape the taxation, including smart [...]

Manufacturing Sales Up 0.9% in July

CBJ — Figures released by Statistics Canada reveal that manufacturing sales increased 0.9% in July to $58.6 billion, due mainly to an upswing by the transportation equipment and chemical [...]

Liberal MP Defects to Conservatives

CBJ — Saying she’s fed up with how Justin Trudeau and the government is running the country, Toronto-area Liberal MP Leona Alleslev is crossing the Parliament floor to join the [...]

Upgraded Internet for Nunavut

CBJ — Telecom company Northwestel will begin providing a faster satellite-based internet service for homes throughout Nunavut, starting with the territorial capital of Iqaluit on Oct. 1. [...]

Tyson Foods Changing Their CEO

CBJ — There’s a move coming at the top at Tyson Foods Inc. with CEO Tom Hayes leaving the company in favour of Noel White. Hayes was named CEO in 2016. He is said to be leaving for [...]

Time Sold for $190 Million

CBJ — Iconic Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, for $190 million. The transaction is unrelated to Salesforce.com, a cloud computing [...]

Cineplex Signs VR Deal

CBJ — Virtual reality cinema is coming to Canada. Cineplex Inc. is partnering with technology company VRstudios Inc. to bring between 30 and 40 virtual reality installations into some of [...]

Air Transat Hiking Prices

CBJ — Transat AT Inc. will be raising airfare prices next summer after an increase in jet fuel costs resulted in the compay’s least profitable third quarter in more than 10 years. [...]

Retailer Henry Bendel Closing

CBJ — After 123 years in business luxury retailer Henri Bendel is closing its doors as of January, 2019. Henri Bendel opened in New York’s Greenwich Village at the end of the 19th [...]

Sears Legal Battle Continues

CBJ — A court-appointed monitor for the Sears Canada bankruptcy opposes a proposal that would allocate all the former retailer’s remaining assets to the company’s underfunded [...]

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