CBJ News

NEB To Consider Pipeline Challenge

CBJ — The National Energy Board will consider a jurisdictional challenge of a pipeline approval that is a key component in a recently sanctioned $40-billion liquefied natural gas export [...]

Monsanto Verdict Upheld; Award Cut to $78M

CBJ — A judge in California upheld a jury’s verdict that found Monsanto’s weed killer caused a groundskeeper’s cancer, but the awarded settlement was drastically cut from [...]

Magneti Marelli Sold for $7.1 Billion

CBJ — Calsonic Kansei of Japan is acquiring Fiat Chrysler’s Magneti Marelli for $7.1 billion to form the seventh-largest independent car parts supplier in the world. This is the first major [...]

Netflix Expands Content Plans

CBJ — Online streaming giant Netflix wants to raise about $2 billion as it invests heavily in original shows and acquiring content to fend off intensifying competition. Back in April the [...]

Canada Post Hit By Rotating Strikes

CBJ — The Canadian Union of Postal Workers (CUPW) has some of its 50,000 Canada Post employees on a series of rotating strikes at various locations across the country. The measured strike [...]

Facebook Hires Former UK Deputy PM as Head of Global Affairs

CBJ — Facebook has hired former British Deputy Prime Minister Nick Clegg to lead its global affairs and communications team. The hiring of Clegg is an attempt by the world’s largest [...]

Retail Sales Down in August

CBJ — Figures released by Statistics Canada show the nation’s retail trade was down by a slight 0.1% in August – the second drop in three months – thanks, in part, to lower sales at [...]

September Inflation: 2.2%

CBJ — The annual rate of inflation in September was up 2.2%, which is a bit lower than most financial analysts had been anticipating. One of the key factors for the alteration was due to [...]

Ericcson Fires 50 In Corruption Probe

CBJ — Mobile telecom gear maker Ericsson has fired about 50 people over a U.S. corruption probe it warned could lead to a financial penalty. The Swedish company has previously said that it [...]

UK Brexit Saga

CBJ — The uncertainty over Brexit in the United Kingdom continues to play havoc with that nation’s economy as it appears the exit plans from the European Union are going to take [...]

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