Paula Sambo

Business, Fuel, Top 100

Wilks Brothers Swoop In With Competing Offer for Calfrac

A pumpjack operates above an oil well on the outskirts of Williston, North Dakota. A pumpjack operates above an oil well on the outskirts of Williston, North Dakota. (Daniel Acker/Bloomberg News)

Wilks Brothers has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd. and criticized management’s deal as favoring insiders.

Paula Sambo | Bloomberg News
August 4, 2020
Business

Amazon Takes Options to Buy Stake in Cargojet

Amazon packages TT file photo

Amazon.com has signed a deal with Cargojet Inc. that would allow the online retailer to buy a stake in the Canadian cargo carrier.

Paula Sambo | Bloomberg News
August 23, 2019
Business, Technology, Logistics

Shopify Sets Up Fulfillment Network in US, Just Like Amazon

Shopify point-of-sale technology The new Shopify point-of-sale system. (Business Wire)

Shopify Inc. plans to spend $1 billion to set up a network of fulfillment centers in the United States to help merchants using its e-commerce platform deliver products more quickly and cheaply, much the way Amazon.com does.

Paula Sambo | Bloomberg News
Simran Jagdev | Bloomberg News
June 19, 2019