Tuesday, 22 July 2014

Portland, Maine bans Canadian oilsands oil

Otmane El Rhazi from CBC | Business News .



South Portland City Hall Maine

The City of South Portland, Maine has voted to block Alberta from using the city’s port to export crude bitumen, throwing a wrench into Enbridge's Line 9 reversal plan.


Monday, 21 July 2014

CN Rail sees profit spike 18% on record freight volume

Otmane El Rhazi from CBC | Business News .



CN Rail AGM 20140423

Canadian National Railway second-quarter profit increased 18 per cent to $847 million on higher freight volumes, mainly from the record Canadian grain crop.


Beef's environmental costs are exceptionally high

Otmane El Rhazi from CBC | Business News .



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Interested in eating more sustainably? A new study compares the environmental impact of beef, dairy, pork, poultry and eggs.


Netflix passed 50 million members in 2nd quarter

Otmane El Rhazi from CBC | Business News .



TV Orange Is The New Black

Netflix announced it has more than 50 million members in 40 countries as it released second-quarter earnings today.


Jacob given 1 more month to sort out its finances or go under

Otmane El Rhazi from CBC | Business News .



Jacob Bankruptcy 20140506

Women's fashion retailer Jacob Inc. has been given a month to come up with a restructuring plan to stave off its financial problems and keep some of its stores open.


Sino-Forest CFO to testify against executives of failed company

Otmane El Rhazi from CBC | Business News .



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The former chief financial officer of Sino-Forest Corp. will pay a total of $6.3 million and testify against other former executives of the China-based forestry company which collapsed under allegations of fraud.


McDonald's, KFC apologize in Chinese expired meat scandal

Otmane El Rhazi from CBC | Business News .



Superpower Blues

McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.


Newfoundland bees drawing international scientific attention

Otmane El Rhazi from CBC | Business News .



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Newfoundland's healthy honeybees are an increasing draw for researchers in the race to understand why colonies across much of the globe are struggling or dying off.


Nexus goes 24 hours at Peace Bridge crossing

Otmane El Rhazi from CBC | Business News .



Steven Blaney-Peace Bridge

Nexus members making frequent crossings at the Peace Bridge, which spans the Niagara River between Fort Erie, Ont., and Buffalo, N.Y., will get through faster round the clock and at certain times, without seeing a guard in person, it was announced today.


Allergan cuts 1,500 jobs in bid to avert Valeant takeover

Otmane El Rhazi from CBC | Business News .



Botox Allergan CEO

Botox maker Allergan will cut about 13 per cent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive as a standalone company.


New labels coming for mechanically tenderized meat

Otmane El Rhazi from CBC | Business News .



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Canadian shoppers will be able to see next month whether the beef they're buying has been mechanically tenderized.


Bonduelle Tecumseh plant to be running this week after fire

Otmane El Rhazi from CBC | Business News .



Bonduelle Fire Aftermath

The Bonduelle food processing plant in Tecumseh, Ont., may be up and running again by Wednesday.


Focus groups hint Conservatives out of sync on Northern Gateway

Otmane El Rhazi from CBC | Business News .



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Public-opinion research for the federal Finance Department suggests key government policies are out of step with Canadians' priorities, including the Northern Gateway project.


Carlos Slim Helu pitches 3-day workweek, but no retirement

Otmane El Rhazi from CBC | Business News .



Carlos Slim Helu

One of the world's richest men says instead of the current model of a 40-hour workweek and retirement in the 60s, the world should adopt a system of working later in life with more time off.


BlackBerry hires Marty Beard to be new COO

Otmane El Rhazi from CBC | Business News .



BlackBerry

Blackberry Ltd. announced this morning that it has hired Marty Beard as the company's new chief operating officer.