ORGANIZATION

Walmart CEO led Business Roundtable congratulates President-elect Joe Biden, Vice President-elect Kamala Harris

“Business Roundtable congratulates President-elect Biden on his election as 46th President of the United States. We also congratulate Vice President-elect Harris on her historic accomplishment as the first woman, Black woman and person of South Asian descent to be elected Vice President of the United States," the organization, led by Walmart CEO Doug McMillon, said in a statement. "We look forward to working with the incoming Biden Administration and all federal and state policymakers."

T-Mobile picks up pace of its cost-cutting program

T-Mobile US Inc. TMUS 1.07% continued to add customers in the third quarter and told investors the cost-cutting plan it launched in the wake of its Sprint Corp. takeover is running ahead of schedule.

California's coronavirus tiers require Disneyland, Universal Studios Hollywood to reach state's 'minimal' before reopening

California Health and Human Services Secretary Dr. Mark Ghaly delivered a revision of Gov. Gavin Newsom’s guidelines on theme park and outdoor sporting events, announcing that larger theme parks like Disneyland and Universal Studios would have to wait until their counties reach the "minimal" yellow tier of the state’s reopening guidelines, which requires daily new coronavirus cases to be less than one per 100,000 people and for the positivity rate of the entire county to be less than 2%.