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Business

Biden says he has picked a Treasury secretary who will please all Democrats

By gstexamsorg December 1, 2020November 25, 2020

President-elect Joe Biden said on Thursday he had selected his Treasury secretary and would reveal his choice as soon as next week. “We’ve made that decision,” Biden told a news…

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Business

Tesla surge adds to dominance of S&P 500’s biggest players

By gstexamsorg November 30, 2020November 25, 2020

Tesla Inc TSLA.O extended its rally on Thursday ahead of its December debut in the S&P 500 .SPX, with its market value nearing $500 billion, highlighting the growing domination of…

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Business

Stocks rise, dollar falls on talk of new U.S. stimulus

By gstexamsorg November 29, 2020November 25, 2020

Stocks rallied while the dollar fell on Thursday, and oil settled lower but rose after hours following a report that U.S. lawmakers may restart negotiations on economic stimulus, which lifted…

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Business

BuzzFeed acquires news website HuffPost from Verizon Media

By gstexamsorg November 28, 2020November 25, 2020

BuzzFeed on Thursday bought news website HuffPost from Verizon Communications Inc VZ.N in the latest sign of consolidation in the online media world. The deal brings two once-hot digital properties…

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Business

Verizon, Apple partner to swap out corporate-owned phones for 5G iPhones

By gstexamsorg November 27, 2020November 25, 2020

Apple Inc AAPL.O and Verizon Communications VZ.N on Thursday announced a program in which Verizon will subsidize the replacement of corporate customers' entire fleet of smartphones with any of Apple's…

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Business

GM’s Barra accelerates ‘all out pursuit of global EV leadership’

By gstexamsorg November 26, 2020November 25, 2020

General Motors Co GM.N Chief Executive Mary Barra said the Detroit automaker is accelerating an "all out pursuit of global EV leadership," challenging electric vehicle leader Tesla Inc TSLA.O with…

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Business

ABB division attracts interest from industry buyers: sources

By gstexamsorg November 25, 2020November 25, 2020

ABB's ABBN.S clutch and transmission manufacturer Dodge had already attracted interest from potential bidders before the Swiss engineering group announced it was exiting the business, people familiar with the matter…

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