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Toyota Leads in Auto Sales

ABJ – Toyota outsold all other carmakers worldwide in the first quarter of the year, topping key rivals such as Volkswagen and General Motors.  When the final tally was in, Toyota had sold about 2.58...

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Apple Stock Split Approval

ABJ – Apple Inc. has approved $30 billion in share buybacks, valid until the end of next year, authorized through a rare seven-for-one stock split. The hope is that the change will promote broader...

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Newmont Drops Merger Talks with Barrick

ABJ – A proposed massive merger between Canadian-based Barrick Gold and Newmont Mining of the U.S. has fallen apart on word the latter is no longer interested in a friendly buyout.  With that,...

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Possible $100 Billion Pharmaceutical Merger

ABJ – Irons are in the fire that could potentially produce one of the largest mergers in American history with drugmaker Pfizer looking to acquire Britain's AstraZeneca in a deal worth almost $100...

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Target CEO Resigns

ABJ – Target CEO and Chairman Gregg Steinhafel is stepping down as the head of the large U.S. retailer in the wake of a massive data breach via cyber-attack late last year that resulted in lost...

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GM Ranks Low with Auto Suppliers

ABJ – Things have gone from bad to worse for General Motors over the past few years, and the trend seems to be continuing with a new survey of top suppliers to the auto industry saying GM is the worst...

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Initial Pharmaceutical Merger Nixed

ABJ – Valeant Pharmaceuticals has quickly stated plans to improve its initial $47 billion hostile takeover bid for Allergan.  The official statement comes just one day after the U.S. company rejected...

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GM Recalling 2.7 Million More Vehicles

ABJ –  It seems one of the most common words used in certain parts of the auto industry these days is “recall”.  General Motors knows that word all too well, and is using it yet again, on word that...

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May Issue of The Canadian Business Journal Now Online

MISSISSAUGA, ONTARIO - The May issue of The Canadian Business Journal is now available online at www.cbj.ca. Click here to enter the publication directly. Click "Full Screen" on the bottom navigation...

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NBA Clippers Sold to Ballmer for $2 Billion

ABJ – Former Microsoft CEO Steve Ballmer has come out the winner in bidding for the Los Angeles Clippers, agreeing to pay a record $2 billion.  Shelly Sterling, wife of former owner Donald Sterling...

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