CBJ News

AltaGas Appoints New CEO

CBJ — AltaGas is appointing Randy Crawford as CEO of the Calgary-based utility company following the sudden resignation of ex-CEO David Harris this past summer, which was apparently [...]

Oil Rises on Expected OPEC Cut

CBJ — Oil prices have moved up on expectations that OPEC members Saudi Arabia and Russia will curb supply. However, market sentiment remains weak on signs of a demand slowdown amid deep [...]

Bloomberg Donates $1.8 Billion to Johns Hopkins

CBJ — Former New York City Mayor Michael Bloomberg is donating US$1.8 billion to his alma mater, Johns Hopkins University, to boost financial aid for low- and middle-income students. The [...]

Manufacturing Sales Up

CBJ — Canadian manufacturing edged up 0.2% in September to $58.5 billion, led by gains in the transportation equipment industry. The growth compared with a drop of 0.5% in August. [...]

BlackBerry Makes $1.4 Billion Acquisition

CBJ — BlackBerry has signed a US$1.4-billion deal to acquire artificial intelligence and cybersecurity company Cylance. The acquisition is the largest in BlackBerry’s history. Cylance [...]

Suncor CEO Retiring

CBJ — Suncor Energy CEO Steve Williams (pictured) has announced he will retire next May following the energy company’s annual meeting. The 62-year-old Williams joined Suncor in 2002. [...]

Uber Posts $1 Billion Loss

CBJ — Uber says that growth in bookings for its ride-hailing and delivery services rose 6% in the latest quarter. However growth has slowed.  It was the third quarter in a row that it has [...]

Canada Goose Has Solid 2nd Quarter

CBJ — Canada Goose Holdings hopes to use its acquisition of footwear company Baffin Inc. to explore the potential for Canada Goose footwear. Chief executive Dani Reiss said that purchasing [...]

Record Revenues = Job Cuts at CN Rail

CBJ — Despite posting its best quarterly revenue numbers in history, Canadian National Railway followed that up by laying off some non-unionized workers. The surprising layoffs come less [...]

Amazon Selects NY & Northern Virginia for HQ2

CBJ — After an exhaustive year-long search, Amazon has chosen New York City and Northern Virginia to co-anchor its second headquarters in addition to the original one in Seattle. The [...]

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