CBJ News

Wells Fargo To Pay $2.1 Billion Fine

CBJ — Wells Fargo, one of America’s largest banks, has agreed to pay a US$2.1 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during [...]

Tesla Shares Up Despite Record Losses

CBJ — The magic of Elon Musk continues to impress investors, who still believe the tech innovator is on the path to something big despite Tesla posted record losses in the last quarter. [...]

A $1 Trillion Apple

CBJ — Apple Inc. is about to become the world’s first company valued at $1 trillion. Shares of the tech company reached the $200 plateau and thus approached a market capitalization [...]

WestJet and CUPE

CBJ — The Canada Industrial Relations Board has issued an interim order to allow the Canadian Union of Public Employees to represent cabin crew members of WestJet Airlines. The union had [...]

Tim Hortons Owner Has 87% Profit Increase

CBJ — Restaurant Brands International, the parent company of Tim Hortons and Burger King, posted a whopping 87% increase in profits during the second quarter, ended June 30. The massive [...]

Solid Economic Growth in May

CBJ — Stronger-than-expected growth in the Canadian economy in May points to another interest rate hike this fall but economists don’t think it will happen at the next Bank of Canada [...]

Manulife Joins Medical Marijuana Program

CBJ — Manulife Financial will launch the first medical marijuana program in the country this fall in conjunction with Shoppers Drug Mart. The program will be available as an option for [...]

Bombardier Lands $303M Rail Order

CBJ — The rail division of Montreal-based Bombardier has received a major boost in the arm on word that it has an order for 36 Francilien train sets to be used in the Ile-de-France commuter [...]

T-Mobile + Nokia = 5G

CBJ — American-owned T-Mobile has named Nokia of Finland to supply it with $3.5 billion in next-generation 5G network equipment, marking the world’s largest 5G deal so far and solid [...]

Canada Joins Talks on Auto Tariffs

CBJ — Canada is joining Mexico and other European and Asian auto-producing countries this week to plot strategy ahead of the potential imposition of tariffs on vehicles and auto parts [...]

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