New York (CNN Business) President Trump has yet to concede and many prominent Republicans in Washington aren't publicly throwing in the towel either. But Corporate America is ready to move on and is preparing for a Joe Biden presidency. "I want to wrap up by saying congratulations to President-elect Biden," Walmart (WMT) CEO Doug McMillon said during the retailer's earnings call on November 17. Intel (INTC) CEO Bob Swan also congratulated Biden Monday. Manufacturers are cautiously optimistic that there might finally be increased spending on infrastructure and renewable energy during a Biden presidency.

Source: The Nation November 23, 2020 19:07 UTC