Category: Uncategorized

U.S. energy firms this week added oil and natural gas rigs for the 11th time in 12 weeks as producers return to the wellpad even as most are cutting spending this year and next. Read More

U.S. drillers add oil and gas rigs for 11th week in 12 -Baker Hughes — Financial Post

The House passed sweeping legislation that would decriminalize marijuana and expunge nonviolent marijuana-related convictions. The measure is all but doomed in the Republican-led Senate.

House Passes Landmark Bill Decriminalizing Marijuana — NYT > U.S. > Politics

RENFREW, Ontario — The 135 members of United Steelworkers (USW) Local 6946 at Scapa Tapes North America Ltd. have ratified a new three-year collective agreement that includes jointly-developed job training and improvements to wages and benefits. Read More

Steelworkers Seal Deal with Tape Manufacturer — Financial Post

(Bloomberg) — Canada’s green bond market is gaining traction with the City of Toronto the latest borrower to lock in cheaper financing than would have been possible through a conventional debt sale. Read More

Canada’s ESG Market Gains Ground as Toronto Saves on Debt Costs — Financial Post

WASHINGTON — Sales of U.S. military equipment to foreign governments rose 2.8% to $175 billion in the latest fiscal year, officials said on Friday, with looser restrictions under President Donald Trump boosting purchases during his time in office. Read More

U.S. weapons exports rise 2.8% to $175 billion in fiscal 2020 — Financial Post

Federal Reserve Chair Jerome Powell spoke a dozen times in October with Treasury Secretary Steven Mnuchin, Powell’s calendar published on Friday shows, more frequent interaction with his key Trump administration counterpart than in any month since July. Read More

Fed Chair Powell held flurry of calls with Mnuchin in October — Financial Post

Brazil’s real rose on Friday as it tracked Read More

Brazil real outperforms Latam currencies for the week — Financial Post

TORONTO — The Canadian dollar strengthened to a two-year high against its U.S. counterpart on Friday as Wall Street rose and data showed Canada’s economy added more jobs than expected in November, with the currency advancing for the third straight week. Read More

Canadian dollar cracks 78 U.S. cents on strong jobs data — Financial Post

Dish Network Corp has agreed to pay $210 million to the U.S. government and four states to resolve a long-running lawsuit claiming it made millions of illegal phone calls to sell and promote satellite TV and programming services. Read More

Dish Network reaches $210 million ‘robocall’ telemarketing settlement — Financial Post