CBJ News

U.S. Economy Up in 1st Quarter

CBJ — The U.S. economy grew in the first quarter but the export and inventory boost to activity masked weakness in domestic demand. Gross domestic product increased at a 3.1% annualized [...]

TransMountain Expansion

CBJ –Now that the federal government has given the green light to the Trans Mountain pipeline expansion, it’s expected construction could begin as soon as this September. It’s [...]

Air Canada Offer to Buy Transat AT Accepted By Board

CBJ — Air Canada’s $520 million offer to acquire Transat AT has been approved by Transat’s board, but it’s not yet set in stone on word some major shareholders don’t [...]

BlackBerry Q1 Report

CBJ — Waterloo-based BlackBerry posted a US$35-million loss with US$247 million of revenue in the first full quarter since it bought Cylance, which represents a new generation of technology [...]

SpaceX Launches With Satellite Payload

CBJ — SpaceX has launched a rocket with 24 research satellites along with a number of other things, including human ashes. It was the third flight of a Falcon Heavy rocket, but the first [...]

U.S. Consumer Confidence Down

CBJ — Consumer confidence among Americans dropped to a new two-year low in June as people became more worried about business and labor market conditions amid concerns about a recent [...]

BMW and Electric Cars

CBJ — BMW is accelerating plans to build new electric models, as the entire international auto industry comes under pressure to meet strict emissions regulations. The Munich-based auto [...]

Canada-U.S. Expand Border Pre-Clearances

CBJ — A new agreement between Canada and the United States will allow travelers and cargo to pre-clear customs before they leave. The agreement is expected to create a smoother flow of [...]

Calgary Gets 2023 Petroleum Event

CBJ — The City of Calgary received a much-needed boost in the arm after being selected to host the World Petroleum Congress in September 2023. The victory came after multiple rounds of [...]

Eldorado Buys Caesars for $17 Billion

CBJ — Eldorado Resorts is purchasing Caesars Entertainment in a cash-and-stock deal valued at $17.3 billion U.S. The acquisition puts about 60 casinos and resorts in 16 states under a [...]

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