CBJ News

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 [...]

Premiers Reach Alcohol Deal

CBJ — Canada’s premiers have struck a deal that will effectively double the amount of beer and alcohol that can be taken across provincial and territorial borders. The deal was agreed [...]

Inflation Moves To 2.5%

CBJ — The annual inflation rate was up to 2.5% in June as consumer prices increased at their most rapid pace in more than six years. Inflation in May was 2.2%. Much of the inflationary [...]

CP Rail Profits Hindered By Labour Unrest

CBJ — Net income for the second quarter at Canadian Pacific Railway was down 10% despite higher revenues due to service interruptions related to labour negotiations and strike notices. The [...]

Google Hit With $5.6 Billion Fine

CBJ — Google plans to appeal a decision made by European Union regulators that hit the tech company with a $5.6 billion antitrust fine for using its Android mobile operating system to push [...]

Comcast Drops Fox Bid To Focus on Sky

CBJ — Comcast has abandoned its $66 billion bid for Twenty-First Century Fox entertainment assets and will instead focus its full attention on acquiring European broadcaster Sky PLC. The [...]

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