Archive | Uncategorized

RSS feed for this section

McDonald’s Sets Global Goal to Reduce Barriers to Employment for Two Million Youth; Invests $2 Million in Chicago’s Workforce; and Pledges to offer 43,000 apprenticeships across Europe

CHICAGO, Aug. 22, 2018 (GLOBE NEWSWIRE) — Today, McDonald’s Corporation announced a new initiative called Youth Opportunity, with a global goal to reduce barriers to employment for two-million young people by 2025 through pre-employment job readiness training, employment opportunities and workplace development programs. As part of this goal, McDonald’s is also joining the Global Initiative […]

Read full story Comments { 0 }

Alaris Royalty Corp. Declares August Dividend

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Aug. 21, 2018 (GLOBE NEWSWIRE) — Alaris Royalty Corp. (“Alaris” or the “Corporation”) (TSX: AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common […]

Read full story Comments { 0 }

Irving Oil Acquiring Irish Companies

CBJ — Irving Oil of Saint John, New Brunswick is acquiring an Irish-based energy marketing and distribution group of companies. Irving has signed a deal with Tedcastle, which operates under the brand name Top Oil and is a leading supplier of home heating oil, petroleum and diesel fuel in Ireland. Top Oil recently expanded operations […]

Read full story Comments { 0 }

Wholesale Sales Down in June

Wholesale sales declined 0.8% in June to just over $63 billion according to figures released by Statistics Canada. The drop came as the motor vehicle and parts sub-sectors saw sales drop 1.9% to $10.9 billion. The miscellaneous subsector fell 2.2% to $8.2 billion on lower sales in the agricultural supplies industry. Overall, Statistics Canada says […]

Read full story Comments { 0 }

Air Canada, et al, Acquire Aeroplan

CBJ — A business group led by Air Canada has reached a deal to acquire the Aeroplan loyalty program from Aimia Inc. The group, which includes TD Bank, CIBC and Visa Canada Corp., has agreed to pay $450 million in cash and assume nearly $2 billion in liability associated with Aeroplan miles that customers have […]

Read full story Comments { 0 }

NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games

NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services

Read full story Comments { 0 }

10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX

10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX Shared from The Canadian Business Journal Company Formations Canada Incorporation & Corporate Registry Services

Read full story Comments { 0 }

Volkswagen Recall

CBJ — German automaker Volkswagen must recall about 700,000 Tiguan and Touran cars worldwide due to a possible lighting defect. The news was first reported in the German trade magazine Kfz-Betrieb. The magazine reported that humidity can cause a short circuit at the panoramic roof’s light strip of the affected cars. A short circuit in […]

Read full story Comments { 0 }

Inflation at 3% in July

CBJ — The national annual inflation rate in July hit its highest level in nearly seven years as gasoline prices and the cost of air transportation pushed prices higher. According to figures released by Statistics Canada the consumer price index for last month was up 3.0% on a year-over-year basis, compared with a 2.5% increase […]

Read full story Comments { 0 }

PepsiCo Buys SodaStream for $3.2 Billion

CBJ — PepsiCo has spent $3.2 billion to acquire carbonated drink maker SodaStream. The decision to buy SodaStream was made as more consumers drink less traditional soda pop and instead are opting for flavoured water and other soft drinks. SodaStream is an Israeli-based company, which produces machines that allow people to make fizzy drinks in […]

Read full story Comments { 0 }