CBJ News

Nokia Delayed on 5G Release

CBJ — Nokia Chief Executive Rajeev Suri admits his company has been a little slower than expected in launching its 5G technology, citing merging its own technology plans with those of [...]

Oliver’s Restaurant Chain Insolvent

CBJ — British celebrity chef Jamie Oliver’s restaurant chain has filed for bankruptcy protection due to increased competition and escalating rents. The insolvency puts 1,300 jobs at [...]

CPPIB Invests in Premium Brands

The Canada Pension Plan Investment Board has signed a deal to invest about $200 million in specialty food company Premium Brands Holdings. Premium Brands intends to use the cash to repay debt, [...]

Tariffs Will Mean Higher Retail Prices

CBJ — Retail giant Walmart predicts prices for shoppers will rise due to higher tariffs on goods from China. Walmart called out the impact of tariffs on consumers after Macy’s delivered a [...]

Trump Declares Emergency To Safeguard Computer Networks

CBJ — The U.S. government has issued an executive order aimed at controlling rogue foreign companies and possible spying campaigns.  The ban includes strict export controls on Huawei, among [...]

Air Canada Looks to Buy Transat AT

CBJ — Air Canada is interested in buying Transat AT for about $520 million. The two companies confirm they are in exclusive talks for a sale. Transat AT out of Montreal owns Air Transat and [...]

Inflation Up in April

CBJ — The nation’s annual inflation rate moved up for a third straight month in April due mostly to higher gasoline prices in provinces with new carbon-pricing systems. The consumer [...]

Ford Roll-away Recall

CBJ — Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 [...]

Restaurant Brands’ Expansion Plan

CBJ — Restaurant Brands International has put together a business plan that would see the company grow to more than 40,000 restaurants worldwide over the next decade. Restaurant Brands is [...]

Trade Deficit Down in March

CBJ — Statistics Canada says the country’s merchandise trade deficit shrank in March as exports, led by the energy sector, rose faster than imports. The deficit for March amounted to [...]

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