Five things you should know before starting your work day on Dec. 4
Good morning! We have a couple of oil stories for you: The Alberta premier cut output here at home, and a country cut itself out of OPEC. There’s tension in the cannabis arena, with Aphria being called “worthless” by a short seller. A takeover of sport product company Amer is in the works, with a Canadian connection. And as a result of their response to #MeToo, men on Wall Street face a very sharp double-edged sword.
DOUBLE BARREL FIX
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Men on Wall Street are so spooked by the #MeToo movement that they’re avoiding women at all costs. No more dinners with female colleagues. Don’t sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings. But this is a double-edged sword: It means both that Wall Street risks becoming more of a boy’s club, rather than less of one, but also that the men “walking backwards” into a massive sex discrimination case.