Friday, September 21, 2018Canada's Leading Online Business Magazine

CBJ News

Keystone Leak in South Dakota

CBJ — Part of the existing Keystone oil pipeline system had to be turned off after a 5,000-barrel leak in South Dakota. The timing couldn’t have been worse with Nebraska in the throes [...]

Fox Shares on the Upswing

CBJ — Shares in Twenty-First Century Fox jumped 8% after sources said both Comcast Corp and Verizon Communications are keenly interested in buying parts of its studio and TV operations. A [...]

Inflation Cools in October

CBJ — The national inflation rate came in at 1.4% on a year-over-year basis in October, following a 1.6% rate in September. The slight differentiation was primarily due to smaller gasoline [...]

Ontario College Teachers’ Strike Continues

CBJ — Hopes that Ontario’s striking teachers would be back on the job were dashed on Thursday morning after the votes were tallied and announced. The striking faculty took the advice [...]

Bombardier to Hire 1,000

CBJ — Published reports indicate Montreal-based Bombardier plans to hire about 1,000 people in the coming months as part of the production ramp-up of its new Global 7000 business jets. [...]

Missing the Target

CBJ — Target’s holiday-quarter profit forecast fell short of expectations on Wall Street and that has sent shares of the retailer down 10%. The big-box chain forecast adjusted [...]

Loblaws Closing Unprofitable Stores

CBJ — Changes are coming at the Loblaws grocery store chain with the announcement that it will close more than 20 unprofitable stores while at the same time starting up an internet-based [...]

Former Subway Pitchman Denied Appeal to Overturn Convictions

CBJ — A U.S. federal judge in Indianapolis has rejected an appeal that former Subway pitchman Jared Fogle filed himself in an attempt to overturn his child pornography and sex abuse [...]

Buffalo Wild Wings’ Stock Skyrockets

CBJ — Shares in Buffalo Wild Wings rocketed up more than 25% after the company received a $2.3-billion takeover bid from private-equity firm Roark Capital Group. Roark’s offer of more than [...]

Bombardier and EgyptAir Agreement

CBJ — EgyptAir has signed an initial order for 12 Bombardier CSeries jets, marking the Canadian plane maker’s second deal for its largest planes this month. It seems as if it’s either [...]

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