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Top News: Business

Blackberry laying off workers in Ontario and Florida

Waterloo - Blackberry is laying off an unspecified but "small number" of employees both in Waterloo, Ontario, and at Sunrise Florida. The creator of the Blackberry Messenger, Gary Klassen, has left the company, according to reports.

Kitimat LNG project suffers setback as Shell posts earnings drop

Premier Christy Clark continues to voice confidence in B.C.'s LNG export project despite Royal Dutch Shell's announcement that it was "postponing" its final investment decision until the end of 2016, instead of in April.

Japan to set up amphibious aircraft plant in India

ShinMaywa Industries, the Japanese equipment manufacturer that produces the US-2 amphibious aircraft has offered to set up plants in India to help cater to international demand.

Op-Ed: Americans on average will spend 43 days of their life on hold

The mobile advertising analytics company Marchex found through analysis of more than 4 million phone calls from consumers to businesses, that Americans will likely waste more than 900 million hours waiting on hold this year.

Canadian newspaper publishers discuss how to make news pay Special

Toronto - It's been a grim few weeks for Canadian newspapers, so the Canadian Journalism Foundation's latest talk, "Spotlight on Publishers: The Challenge of Making News Pay," was a very timely one.

Meet Alison Overholt: Editor-in-Chief of ESPN The Magazine Special

Alison Overholt chatted with Digital Journal about her recent promotion to Editor-in-Chief of ESPN The Magazine, in addition to being the Editor-in-Chief of espnW.

Op-Ed: How major retailers like Amazon increase average order size

It’s been hell for businesses this past year, especially when it comes to getting targeted customers to buy from them. However, Amazon is one company that seems to have mastered the upsell, cross-sell, side-sell and even the surprise sell. See how.

25% of execs already seeing results from the Internet of Things

TEKsystems, an IT staffing company, found close to one in four organizations (22 percent) have reached the stage where IoT initiatives “are having a substantial impact” on their businesses.

Barabas Men sees crippling demand for 'El Chapo' shirts

Demand for two shirts worn by Mexican drug kingpin Joaquin "El Chapo" Guzman is crippling their manufacturer. Suddenly hundreds of orders were coming in for the shirts, but the company only had the capacity to fill 10 to 20 orders a day.

Why companies like Tweetdeck and Hootsuite aren't going anywhere

Despite job cuts at two large social media management companies over the past few months, Hootsuite and TweetDeck won’t be going anywhere anytime soon, social media experts told B2B News Network.

Health insurer loses hard drives with data on 950,000 customers

In the world of mistakes, there are those that qualify as little "oops" or big "oops." Forgetting to change your clocks in daylight savings times is a little "oops." Misplacing six hard drives with information on 950,000 customers is a huge "oops."

Calgary developers adapt to changing conditions Special

Calgary - Alberta, a province that is arguably Canada’s equivalent to Texas, has faced some very difficult financial pressures over the last 12 months.

Johnson and Johnson hit by shares drop

U.S. healthcare colossus Johnson and Johnson saw a drop in its share value by 6 percent during 2015, according to the company’s latest financial statement.

Johnson and Johnson cut 3,000 jobs

One of the biggest healthcare companies in the U.S. has announced a high number of job cuts in its medical device business.

Iran to buy 114 Airbuses to revamp ageing fleet

Tehran - Iran said Sunday it will buy 114 Airbus planes to revitalise its ageing fleet, in the first major commercial deal announced since the lifting of sanctions under its nuclear agreement.

Greece's Tsipras set to promise that Greek upturn is near

Atenas - He came to power vowing a debt revolution, but after a rollercoaster year of economic meltdown forcing him to abandon his election promises, a less bouncy but still charismatic Greek Prime Minister Alexis Tsipras is facing the music.

Nigeria must devalue its currency to aid ailing stock market

Nigeria must devalue its currency in 2016, according to international investors and ratings agencies. The country's currency, the naira, is heavily protected.

Christine Lagarde to run for second IMF term

Paris - Christine Lagarde announced Friday that she will run for a second term at the head of the International Monetary Fund, after winning strong backing from across Europe.

Goodwill employees protest after 16 Ontario stores are closed

Toronto - Workers at Goodwill in the Toronto area are furious after the abrupt closure of 16 stores, 10 donation centers and two offices this Sunday.
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