CBJ News

Trump Cancels Summit with Kim

CBJ — It should come as no surprise but the much talked about summit between U.S. President Donald Trump and North Korean dictator Kim Jong Un has been called off by Trump. Trump says the [...]

Apple Offering Battery Rebate

CBJ — Apple Inc. has announced it will reimburse all customers who paid full price for iPhone battery replacements. The credit amounts to about $64 in Canadian funds and will be issued to [...]

Aecon Sale Nixed By the Federal Government

CBJ — For reasons of national security the federal government has blocked the $1.5-billion takeover of Aecon Group Inc. by a Chinese government-owned company. Federal Economic Development [...]

CIBC Posts Strong 2nd-Quarter Net Income

CBJ — The Canadian Imperial Bank of Commerce posted a strong 2nd-quarter net income surge of 25% compared with the same quarterly report the previous year. CIBC’s bottom line was [...]

Bulgaria Stymied in Bid to Use Euro Currency

CBJ — Bulgaria has hit a setback to its hopes of soon becoming a member of the shared euro currency after the European Central Bank said the EU’s poorest country needs [...]

Tesla Model 3 Has Braking Issues

CBJ — Published reports say the Tesla Model 3 has braking defects that require immediate fixing. The company’s CEO Elon Musk has responded to what have been categorized as serious [...]

Cunningham the New Boss at NYSE

CBJ — For the first time in its 226-year history, the New York Stock Exchange has a female president. Stacey Cunningham was named as the new leader after current NYSE President Thomas [...]

Sony Acquires Most of EMI Music

CBJ — With a price tag of $2.3 billion, Sony Corp. is acquiring another 60% stake in EMI Music Publishing, bringing its total ownership to 90%. The acquisition will result in the [...]

NAFTA Update

CBJ — Officials with Canada, U.S. and Mexico all believe the NAFTA negotiations could continue for quite some time with a number of key issues still not sorted out. U.S. trade official [...]

Manufacturing Moves Up in March

CBJ — Figures released by Statistics Canada reveal that the nation’s manufacturing sales were up by 1.4% in March, which was a better return than many analysts had been expecting. A [...]

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