CBJ News

Delinquencies Up in Q4

CBJ — A report by credit monitoring company Equifax Canada says consumer delinquencies were higher in the 4th quarter and based on the trending direction, it would seem as if more are to [...]

Subaru Recalling 1.3 Million Vehicles

CBJ — The possibility of having faulty brake lights has led to automaker Subaru recalling 1.3 million vehicles in the U.S. and Canada. The recall covers certain 2014 to 2016 Forester, 2008 [...]

Turmoil with Vale

CBJ — Shares in Vale SA, the world’s largest iron-ore miner, took a nosedive after the CEO and three other top executives with the Brazilian company were forced to resign following a [...]

Newmont Rejects Barrick Bid

CBJ — The board of directors of Newmont Mining has unanimously rejected a hostile takeover offer from Barrick Gold. Instead of waiting for a better offer, Newmont went on the offenseive and [...]

Gap Creates Two Companies

CBJ — Popular U.S. retailer Gap Inc., is creating two independent publicly traded companies — low-priced Old Navy and a yet-to-be named company, which will consist of the iconic Gap brand, [...]

Huawei Pleads Not Guilty

CBJ — Subsidiary units of Chinese tech giant Huawei have pleaded not guilty to U.S. fraud, trade secrets conspiracy and other damning charges. A trial date in the U.S. has been set to being [...]

Wilson-Raybould Says PMO Pressured Her on SNC Lavalin

CBJ –Andrew Scheer, leader of the Conservatives and official opposition leader, is calling on Prime Minister Justin Truadeau to resign following damaging testimony from Canada’s [...]

Hudson’s Bay President Resigning

CBJ — The President of Hudson’s Bay is stepping down. This Friday will be Alison Coville’s last day at the helm. Hudson’s Bay Co., its Toronto-based parent company which [...]

Inflation Slows to 1.4% in January

CBJ — Inflation decelerated to 1.4% in January with lower prices at the gas pumps regarded as the main reason. Figures released by Statistics Canada show year-over-year growth in consumer [...]

Husky Still Profitable — But Not As Much

CBJ — The good news for Husky Energy is that it had another profitable fourth quarter. The bad news is the profit dropped by a whopping $456 million compared with the same three month [...]

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