Wednesday, September 19, 2018Canada's Leading Online Business Magazine

CBJ News

Spotify Files to go Public

CBJ — Spotify has filed to go public on the New York Stock Exchange. The popular music streaming service had 71 million paying users as of the end of December, and about twice that many [...]

Bank of England’s Carney Wants Action on Cryptocurrencies

CBJ — Former Bank of Canada Governor and current Bank of England Governor Mark Carney has launched an attack on cryptocurrencies such as bitcoin, urging regulators around the world to [...]

Bayer-Monsato Deal

CBJ — German drug and crop chemicals maker Bayer is set to win conditional European Union antitrust approval for its $62.5 billion bid for world No. 1 seed company Monsanto. The takeover, [...]

Amazon Acquires Ring for $1 Billion

CBJ — Amazon.com is buying video doorbell manufacturer Ring for more than $1 billion. The world’s largest online retailer believes that selling¬†internet-connected gadgets from Kindle [...]

Federal Deficit Projected at $18.1 Billion

CBJ — The federal budget tabled by Finance Minister Bill Morneau comes in with a projected deficit of $18.1 billion with gender equality and the number of women in the workforce being made [...]

General Mills Buys Blue Buffalo for $8B

CBJ — General Mills is acquiring Blue Buffalo Pet Products for $8 billion U.S. The move is an attempt by General Mills to tap into the growing demand for natural pet food and offset falling [...]

Auto Sales Expected to Decline: Scotiabank Report

CBJ — According to a report by Scotiabank, sales of cars and light trucks are expected to dip this year from last year’s all-time high, mostly because of weaker economic conditions in [...]

Weinstein Co. Heading to Bankruptcy

CBJ — The company co-founded by disgraced movie mogul Harvey Weinstein in 2005 is heading for bankruptcy. The Weinstein Co.’s board of directors made the decision after last-ditch [...]

Boeing Still in Running to Build Canadian Fighter Jets Despite Trade Dispute

CBJ — Boeing has been approved to participate in an upcoming competition to replace Canada’s CF-18s, though the U.S. aerospace giant says it still hasn’t decided whether it will [...]

Uber Implementing New Safety Feature

CBJ — Uber drivers in Canada trying to work for more than 12 hours straight will soon be forced to take a six-hour break before they can take the vehicle out on the road again. The new [...]

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