Bloomberg The Canadian government’s approval of two major oil export pipelines may mean the death knell for a third. For more than two years, TransCanada Corp.’s proposed 1.1 million barrel-a-day Energy East pipeline, designed to run from Alberta to New Brunswick, has been mired in regulatory hearings and opposition from environmentalists. Now, the hurdles it faces may be even ...

  Washington / AFP The USA unemployment rate in November fell to its lowest level since August 2007 as the economy continued to add new jobs, all but guaranteeing an interest rate hike this month. The jobless rate fell an unusually large three-tenths to a surprising 4.6 percent, the Labor Department reported. A solid 178,000 net new positions were created, ...

  Bloomberg AT&T Inc.’s aggressive pricing strategies in Mexico are causing the company to lose “a lot” of money, said Carlos Slim, the billionaire who controls the phone giant’s biggest rival. “You can see it in their balance sheets,” he said. AT&T’s low-cost plans are taking market share from other competitors but not from Slim’s America Movil SAB, which has ...