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Utah Jazz sold to Qualtrics founder for $1.6B: reports

Technology entrepreneur Ryan Smith is buying the majority interest of the Utah Jazz, and once it’s approved by the league, it will end the 35-year run of the Miller family as owners of the NBA franchise.

GE's shares soar as earnings recover from pandemic lows

General Electric Co. on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.