| | Listen to this newsletter Available in English, French or Mandarin | | | | U.S. president-elect Joe Biden plans to cancel the Keystone XL pipeline expansion as one of his first acts in office, transition documents suggest, dealing a blow to Canadian efforts to get the project built and jeopardizing the prospect of thousands of jobs in Alberta. | Rescinding the Keystone XL pipeline is included as an executive order on a to-do list, according to The Canadian Press, which has viewed the documents. Outgoing President Donald Trump in 2017 signed the construction permit, which will now likely be terminated. | | | | More stories below advertisement | | | CHRISTINNE MUSCHI/Reuters | Sean Kilpatrick/The Canadian Press | That’s the rational way to size up bitcoin’s wild and bumpy ride in recent months. | Crypto promoters, though, offer a more self-serving take. For them, news that institutional investors, such as Massachusetts Mutual Life Insurance Co., and American billionaires, including Paul Tudor Jones and Stanley Druckenmiller, are piling money into bitcoin is proof positive the cryptocurrency is primed for mass adoption. | | | | Technology, telecom and media | | | | Christopher Katsarov/The Canadian Press | | |