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Fairbanks, AK - Wells Fargo released an update to its environmental policy on arctic drilling that includes no direct finance of oil and gas projects in the Arctic National Wildlife Refuge. 

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LAS VEGAS — Over two thousand are expected to attend the 34th National Reservation Economic Summit (National RES) starting Monday in Las Vegas, Nevada.

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Agriculture 

The Prairie Band Potawatomi Nation’s plan to grow industrial hemp was approved by the U.S. Dept. of Agriculture, according to a post on the Nation’s website. 

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From Around the Web

RED LAKE INDIAN RESERVATION — Lakeland PBS' Nathan Green reported on Saturday:

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Real Estate/Development

Michigan’s Grand Traverse Band of Ottawa and Chippewa Indians plans to acquire a shuttered area prison and convert it to a space and technology center, according to a story in the Traverse City Record-Eagle. The former Pugsley Correctional Facility, about 25 miles southeast of Traverse City, was a minimum security prison that closed in 2016.  A spokesperson from the tribe’s economic development arm did not confirm or deny the report when asked by the Record-Eagle. 

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OKLAHOMA CITY — A federal judge ordered mediation for Oklahoma Gov. Kevin Stitt and several Native American tribes that are locked in legal dispute over gaming rights. 

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Mergers & Acquisitions

The Oneida Indian Nation acquired a Microtel Inn & Suites hotel in upstate New York and plans to reopen it this week as Sandstone Hollow Inn, according to a news release.

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ONTARIO, Canada — After years of debate, Ontario Power Generation has dropped a plan to store nuclear waste underground near Lake Huron.

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WASHINGTON, D.C. — The Federal Communications Commission on Monday opened a window that allows federally recognized tribes to apply for licenses that could help boost Internet service throughout Indian Country.