Bloomberg One of the Nordic region’s biggest asset managers is adjusting its portfolio to reflect a lack of confidence in Europe and a growing faith in the prospects of a US boom. Ilmarinen, a Finnish pension fund that oversees about 36 billion euros ($38 billion) in assets, plans to adjust its investments so it’s no longer underweight the US, ...

  Bloomberg US regulators are calling out AT&T and Verizon for exempting their own video apps from data caps on customers’ cellphones. This may not result in any changes in how the wireless carriers operate, however, as agency leaders appointed by Donald Trump, the incoming president, are expected to look more favorably on such practices. The Federal Communications Commission sent ...

Bloomberg Quebec’s unemployment rate fell to the lowest on record last month while Alberta’s surged to a two-decade high, underlining the swing in Canada’s economic momentum through the recovery from an energy crash. Joblessness in the mostly French-speaking province fell to 6.2 percent in November from 6.8 percent in October, and in Alberta it climbed to 9 percent. The national ...