Equities dip, oil jumps, as investors wait on U.S. stimulus package — Financial Post

NEW YORK — Global equity benchmarks slid while oil prices rallied to near nine-month highs on Friday as investors weighed hopes for a U.S. coronavirus relief package against moves by the U.S. government to add dozens of Chinese companies to a trade blacklist. Read More

Equities dip, oil jumps, as investors wait on U.S. stimulus package — Financial Post

Good and greedy: Frank Stronach once held a way for executives to more easily justify their big paydays — Financial Post

A new financial sheriff has taken charge of Parliament Town, so here’s a question for Canada’s best-paid CEOs: How exactly do you justify your pay? And before members of this club point to board reviews of peer compensation levels, they might want to read what Chrystia Freeland once had to say about inequality in Plutocrats:…

Good and greedy: Frank Stronach once held a way for executives to more easily justify their big paydays — Financial Post

Layoffs for workers at shuttered Shell Convent, Louisiana, refinery to begin in late Feb -sources — Financial Post

HOUSTON — Layoffs of hourly workers at Royal Dutch Shell Plc’s shuttered Convent, Louisiana, refinery are scheduled to begin on the last day of February, said sources familiar with plant operations. Read More

Layoffs for workers at shuttered Shell Convent, Louisiana, refinery to begin in late Feb -sources — Financial Post

‘Long-term play’: Ottawa bets on mini nuclear as it targets net-zero carbon in 2050 — Financial Post

CALGARY – Ottawa believes small nuclear reactors will help it achieve its goal of carbon neutrality in 30 years and is laying out a road map to develop and deploy them across the country even though the technology has not been commercially proven yet. Read More

‘Long-term play’: Ottawa bets on mini nuclear as it targets net-zero carbon in 2050 — Financial Post

Microsoft Is Designing Its Own Chips for Servers, Surface PCs — Financial Post

(Bloomberg) — Microsoft Corp. is working on in-house processor designs for use in server computers that run the company’s cloud services, adding to an industrywide effort to reduce reliance on Intel Corp.’s chip technology.The world’s largest software maker is using Arm Ltd. designs to produce a processor that will be used in its data centers,…

Microsoft Is Designing Its Own Chips for Servers, Surface PCs — Financial Post

Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks — Financial Post

WASHINGTON — The largest U.S. banks have enough capital to withstand over $600 billion in losses from a short sharp economic slump, as well as a moderate longer-lasting downturn, and will be permitted to pay out dividends and buy back stock on a limited basis, the U.S. Federal Reserve said. Read More

Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks — Financial Post

Equities dip, oil jumps, as investors wait on U.S. stimulus package — Financial Post

NEW YORK — Global equity benchmarks slid while oil prices rallied to near nine-month highs on Friday as investors weighed hopes for a U.S. coronavirus relief package against moves by the U.S. government to add dozens of Chinese companies to a trade blacklist. Read More

Equities dip, oil jumps, as investors wait on U.S. stimulus package — Financial Post
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