Home prices fall as drab numbers posted in January
CBJ – March 29 – January was a rough month for homeowners as housing prices took a tumble across the United States, according to the S&P/Case-Shiller Home Price Indices. Standard & Poor's said...
View ArticleValeant offers US$5.7 billion for Cephalon
CBJ – March 30 – Valeant Pharmaceuticals International Inc. has offered US$5.7 billion for another mid-size pharmaceutical firm, Cephalon Inc. Mississauga, Ont.-based Valeant attempted to close the...
View ArticleOil imports dropping, but Canada still key: Obama
CBJ – March 30 – Canadian oil will remain a reliable source for the United States as it prepares to drop oil imports by about a third, U.S. President Barack Obama said today. According to the Calgary...
View ArticleHershey hiking wholesale prices by 10%
CBJ – March 31 – Chocolate bars are poised to get a bit pricey as The Hershey Company announced yesterday it will increase its wholesale prices by an average of about 9.7 percent effective immediately....
View ArticleTesla Motors sees stock surge of over 20%
CBJ – March 31 – It's no early April Fool's joke – electric automaker Tesla Motors Inc. saw its stock soar today after financial services firm Morgan Stanley called Tesla “America's Fourth Automaker”...
View ArticleNasdaq, ICE declare US$11.3-billion bid for NYSE
CBJ – April 1 – Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. are offering US$11.3 billion to buy NYSE Euronext away from rival Deutsche Börse AG. Deutsche Börse, the operator of the...
View ArticleUS unemployment dips to 8.8% in March
CBJ – April 1 – The unemployment rate fell 0.1 percentage point last month to 8.8 per cent, according to the U.S. Bureau of Labor Statistics. Non-farm payroll employment jumped by 216,000 in the month,...
View ArticleNo deal with BP: U.S. Drilling Agency
CBJ – April 4 – There was confusion this weekend over a report in the New York Times that BP would start drilling again this year. According to the report, BP would reportedly begin offshore drilling...
View ArticlePresident Obama starts 2012 re-election campaign
CBJ – April 5 – President Obama officially began his campaign for re-election on Monday, April 4, with a website announcement and e-mails to supporters. It is expected he will file the necessary papers...
View ArticleG.E to create U.S’s largest solar panel plant
CBJ – April 7 – General Electric (G.E) announced Thursday that it will build the largest solar power panel plant in the U.S. to date—news which follows high profile acquisitions in the worldwide solar...
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