CBJ News

Motorola Buying Surveillance Company for $1 Billion

CBJ — Motorola Solutions is buying Vancouver-based surveillance systems company Avigilon for $1 billion. The company’s products are used primarily in airports, government facilities, [...]

Best Job Market Since 2002

CBJ — Canadian job growth in 2017 was revised slightly higher by Statistics Canada. From December 2016 to December 2017, the economy created 427,300 jobs on a seasonally-adjusted basis, the [...]

Amazon Posts Amazing Profit

CBJ — The world’s richest man is getting richer.  The founder of Amazon.com, Jeff Bezos, saw his company record a record profit near $2 billion, the largest in its history, as the [...]

Imperial Oil Posts $137M Loss

CBJ — Non-cash charges for Horn River and the Mackenzie gas project has led to Imperial Oil reporting a $137 million quarterly loss. The complete quarterly results included a $289-million [...]

Toyota Recall

CBJ — Toyota is recalling about 645,000 vehicles worldwide — affecting about 4,570 cars in Canada — to fix an electrical problem that could stop airbags from inflating in a crash. The [...]

Suncor Cutting 400 Mining Driving Jobs

CBJ — About 400 jobs are likely to be lost as Suncor Energy oilsands mines in northern Alberta moves towards the use of driverless vehicles. The company has been testing the 400-tonne [...]

Thomson Reuters Part of $25B Deal

CBJ — Thomson Reuters has entered into a $25 billion partnership agreement with a group led by U.S.-based private equity firm Blackstone that will deliver financial information to [...]

User Engagement Dips on Facebook

CBJ — Social media giant Facebook reported slightly slower-than-expected growth in daily active users in the latest quarter and said changes made to the News Feed reduced the time spent by [...]

Economy Grew 0.4% in November

CBJ — Figures from Statistics Canada reveal the Canadian economy grew by 0.4% in November. StatsCan said 17 of 20 industrial sectors posted increases for the month, with goods-producing [...]

Trump Delivers State of the Union Address

CBJ — Just over one year into his tumultuous presidency Donald Trump delivered his first State of the Union address in Washington on Tuesday night. It was a bright, optimistic and [...]

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