November 24, 2020
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2:48Now PlayingThe General Services Administration acknowledged Joe Biden as the apparent winner of the presidential election on Monday, following weeks of inaction, and President Donald Trump called on his agencies to cooperate.
The designation triggers a formal transition process, giving Biden and his team access to current agency officials, briefing books and other government resources, including some $6 million in funding. MORE
Prime Minister Boris Johnson confirmed England’s national lockdown will end next week, to be replaced by a tougher threetier system of regional restrictions designed to last until spring next year. MORE
Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirusfree status, joining a push to introduce socalled Covid passports to speed up the revival of international travel. MORE
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. cofounder passed Bill Gates to become the world’s secondrichest person. MORE
The surging coronavirus is stoking fears of a fresh downturn for the world economy, heaping pressure on central banks and governments to lay aside other concerns and do more to spur demand. MORE
The U.K. is considering a ban on the installation of Huawei Technologies Co. 5G equipment as soon as next year to appease hawks pushing for tighter restrictions on the Chinese network equipment maker, according to people familiar with the matter. MORE
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