CBJ News

Softbank to Invest in Uber

CBJ — Japanese technology giant Softbank plans to invest billions of dollars in Uber. Uber Technologies is the world’s foremost ride-hailing service and it’s a service that has [...]

Core Elements of TPP Deal Complete

CBJ — World leaders at the APEX Summit in Vietnam have reached a tentative agreement on the core issues relating to the Trans-Pacific Partnership. Among the primary elements agreed upon [...]

Weed Tax May Be $1 Per Gram

CBJ — It appears as if legalizing marijuana is going to provide the federal government with every bit as much tax revenue as most people expected — and maybe more. Anyone planning to [...]

Canada Goose Flying High

CBJ — Canada Goose Holdings expects its direct-to-consumer business to contribute about half its profits in the long term, from about 14% in the three months through September. That is the [...]

CPP Assets Surpass $328 Billion

CBJ — According to a report by the CBC, the country’s national pension plan had more than $328 billion in assets at the end of September. The Canada Pension Plan Investment Board [...]

Boeing Signs $37 Billion Deal with China

CBJ — Boeing has come to terms on a $37 billion deal with the Chinese government to sell 300 planes to China Aviation Supplies Holding Company.  It’s one of several large deals to be [...]

Nissan Profit Down in 2nd Quarter

CBJ — Nissan’s second-quarter profit was down 3% in spite of increased sales due to costs associated with improper vehicle checks in Japan and a comprehensive international air-bag [...]

Blame it on Russia: Mayer

CBJ — Blame it on Russia. That’s what former Yahoo CEO Marissa Mayer is saying after apologizing for massive data breaches at the internet company, which resulted in 3 billion user [...]

Shares of Snap Drop on Slow User Growth

CBJ — Snapchat-owner Snap Inc. has reported slower user growth than had been expected and that was enough to send shares down about 20%. There are concerns that Snapchat is being dominated [...]

Fox and Disney Held Purchase Talks: CNBC

CBJ — According to a report by CNBC, Twenty-First Century Fox has been in talks that would see it sell a portion of its media assets to Walt Disney Co. According to the report, talks have [...]

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