CBJ News

1.4 Million Honda Recalls

CBJ — Yet another automaker is being forced to issue a recall. This time it’s Japanese-based Honda, which has announced it will be recalling about 1.4 million vehicles worldwide [...]

VW Expanding Electric Cars in China

CBJ — Volkswagen is committed to spending almost $2.5 billion to expand its presence in China’s electric car industry. The investment will give Volkswagen majority control of its [...]

GDP Down 2.1% in 1st Quarter

CBJ — From Statistics Canada: Real gross domestic product (GDP) fell 2.1% in the first quarter, owing to reduced household spending and widespread shutdowns of non-essential businesses in [...]

15,000 Layoffs at Renault

CBJ — French automaker Renault is laying off 15,000 employees worldwide including 4,600 in France. The restructuring is part of a plan to return to profitability following what has been a [...]

Torstar Sold for $52 Million

CBJ – The decay of the newspaper industry has been noticeable for many years and so it comes as no real surprise to see that Torstar has agreed to be sold to NordStar Capital for $52 million. [...]

12,000+ Layoffs at Boeing

CBJ — A spokesperson for Boeing says the company will be laying off more than 12,000 employees in the United States and another 400 at its Winnipeg facility. The cuts at the Winnipeg [...]

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