CBJ News

Snap Loses Users in 2nd Quarter

CBJ — Snap Inc.’s Snapchat app unexpectedly lost users in the second quarter. Daily users fell to 188 million from 191 million in the prior quarter, which could heighten investor [...]

Blockchain For Global Shipping

CBJ — Nearly 100 companies and organizations have joined a blockchain platform developed by IBM in partnership with Maersk, the large international shipping conglomerate. The partnership is [...]

Breweries Respond to ‘Buck a Beer’

CBJ — A number of Ontario craft breweries have already made it known they are opting out of the province’s new buck-a-beer plan, arguing it would lower the quality of their product [...]

Tim Hortons Closes Four More U.S. Stores

CBJ — It would be next to unthinkable here in Canada, but four Tim Hortons locations have been closed in the Cincinnati, Ohio area due to poor sales. The four locations were owned by the [...]

Musk Wants to Take Tesla Private

CBJ — Tesla CEO Elon Musk has once again created a stir in the marketplace on word he is looking to take the electric car maker private. Based on acquiring each share at $420, the the plan [...]

Pipeline May Cost $2 Billion More

CBJ — Kinder Morgan Canada says expanding the Trans Mountain pipeline could cost the federal government far beyond the company’s original construction estimate and take 12 months [...]

Nooyi Retiring as PepsiCo CEO

CBJ — Indra Nooyi is stepping down as CEO at PepsiCo and has decided its time to retire from the world of business. Born in India, the 62-year-old Nooyi oversaw PepsiCo during a turbulent [...]

Aeroplan Program Expands

CBJ — The Aeroplan program has announced that both Air Transat and Flair Airlines have both come on board as partners in the popular loyalty program, to begin in 2020. Aimia, [...]

Swoop Adding 5 U.S. Cities

CBJ — Discount airliner Swoop will become Canada’s first ultra low cost airline to fly to the United States when it launches service this fall to five popular tourist destinations in [...]

Enbridge Has Better 2nd Qtr Earnings

CBJ — Enbridge Inc. has reported better-than-expected second-quarter earnings of $1.07 billion, as it worked to sell a number of non-core assets to help eliminate debt. The Calgary-based [...]

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