CBJ News

Comcast Drops Fox Bid To Focus on Sky

CBJ — Comcast has abandoned its $66 billion bid for Twenty-First Century Fox entertainment assets and will instead focus its full attention on acquiring European broadcaster Sky PLC. The [...]

Amazon.com Now Worth $900 Billion

CBJ — Jeff Bezos is the richest man in the world and the company he founded in his Seattle basement in 1994 may soon be the most valuable as well. Jeff Bezos, who has an estimated net worth [...]

Alberta Beer Subsidy Dispute

CBJ — The province of Alberta will appeal a court ruling ordering a $2 million payment be awarded to two out-of-province breweries over a disputed beer subsidy. The government filed the [...]

Marriott Banning Plastic Straws

CBJ — Just a week after Starbucks and Hyatt Hotels announced the phasing out of plastic straws, Marriott International is following suit. Marriott, the large international hotel chain, [...]

Goldman Sachs Has A New CEO

CBJ — Goldman Sachs Group has named David Solomon has its new CEO.  Until now, Solomon had served as the bank’s chief operating officer. Meanwhile the company reported a [...]

World Economy Should Grow 3.9%

CBJ — Despite ongoing economic trade wars perpetuated by the U.S. government and also increased oil prices, the International Monetary Fund is keeping its overall forecast for global [...]

Manufacturing Sales Up In May

CBJ — Manufacturing sales rebounded with a 1.4% increase to $57.1 billion in May following a drop of 1.1% in April. Figures released by Statistics Canada indicate that sales were up in 14 [...]

Compass Minerals and Unifor Reach Tentative Deal

CBJ — A tentative deal has been reached between Compass Minerals of Goderich, Ontario and Unifor, the union representing the striking salt mine workers, who have been off the job for 12 [...]

U.S. Retail Up Thanks To Auto Sales

CBJ — Figures reveal that U.S. sales increased noticeably in June thanks in large part to the increased number of automobiles that were purchased. Statistics released by the U.S. Commerce [...]

Ontario Ends Electric Vehicle Rebate Program

CBJ — Ontario Premier Doug Ford said that if he was elected Premier that he would make a lot of cuts to various programs. Whether you agree or disagree, he’s following through on many [...]

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