Friday, December 13, 2019

 


TSX Industrials Capped Index
(INDEX-TSX: $TTIN) Add to Portfolio
285.06
+1.29 (+0.45%)
as of 17:14 EST

SAN FRANCISCO — California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas & Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of devastating fires that drove the nation's largest utility into bankruptcy  (full story)
 
LOS ANGELES — California regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving black market, officials announced Friday.  (full story)
 
WASHINGTON — Democratic presidential contender Michael Bloomberg broadly, repeatedly — and wrongly — took a huge amount of credit Friday for driving the U.S. coal industry to its knees.  (full story)
 
MONTREAL — The Teamsters union says Canadian National Railway Co. has begun to transfer workers as part of an apparent move to relocate its rail traffic control centre to Edmonton from Montreal.  (full story)
CNR.TO: 118.72 (-0.60)
MONTREAL — Samsung Electronics has made a first step into Canada's telecommunications infrastructure market with a deal to supply Videotron with equipment for its new LTE Advanced and 5G wireless networks throughout Quebec.  (full story)
 
NEW YORK — Democratic presidential candidate Michael Bloomberg on Friday unveiled a broad plan to eliminate all coal power plants and slow the expansion of the natural gas sector as part of a policy to fight climate change that he says would cut carbon emissions across the U.S. economy by 50%  (full story)
 
LONDON — British Prime Minister Boris Johnson campaigned on one theme alone — “Get Brexit done.” His sweeping victory in Thursday's election means that could now happen within weeks.  (full story)
 
BANGKOK — The British pound surged early Friday as exit polls indicated a resounding election victory for Prime Minister Boris Johnson's Conservative Party, as talk of a China-U.S. trade deal buoyed share prices in Asia.  (full story)
 
SAN FRANCISCO — Facebook's stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps.  (full story)
 
BRUSSELS — With votes still being counted in Britain, EU leaders were already gearing up to move forward with Brexit plans.  (full story)
 
SACRAMENTO, Calif. — More than 130,000 people have purchased health insurance through California's state-run marketplace for the first time, a 16% increase from last year now that the state is offering more money to help people pay their monthly premiums and will begin taxing people next year  (full story)
 
SACRAMENTO, Calif. — The country's most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.  (full story)
 
TORONTO — An analyst says the insider group behind a privatization bid for Hudson's Bay Co. will need to boost its offer to convince minority shareholders to vote for the proposal.  (full story)
HBC.TO: 8.88 (+0.23)
WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.  (full story)
 
MONTREAL — Transcontinental Inc. beat expectations even though its core earnings fell in the fourth quarter due to lower revenues from ongoing challenges in its printing sector.  (full story)
TCL-A.TO: 14.90 (+1.19)
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