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GM takes aim at Tesla with ‘Ultium’ batteries and fleet of electric vehicles
By Joseph White and Paul Lienert DETROIT (Reuters) – General Motors Co <GM.N> Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk’s Tesla Inc <TSLA.O> as vehicles go electric. The previously undisclosed investment figure was […]
The House sergeant-at-arms resigns and Schumer says he’ll fire the Senate sergeant-at-arms if needed.
A day after a mob of pro-Trump supporters storming the Capitol, Speaker Nancy Pelosi of California announced that Paul D. Irving, the House Sergeant at Arms, intended to resign from his position. She also called for Steven Sund, the Capitol Police chief, to resign, saying “Mr. Sund, he hasn’t even called us since this happened.” […]
Futures rise ahead of weekly unemployment data
(Reuters) – U.S. stock index futures rose slightly on Wednesday as investors appeared to have shrugged off President Donald Trump’s threat to not sign a COVID-19 stimulus bill, while also waiting for a reading on weekly jobless claims and consumer spending data.FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York […]