Automaker Daimler to spin off trucks business, change name.
- German automaker #Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly.
- Despite having no real basis as a financial asset, cryptocurrency #Dogecoin recently reached a market cap of more than $12 billion.
- The S&P 500 and the #Nasdaq rose, lifted by heavyweight #Alphabet Inc's shares after its strong results, while investors counted on more fiscal stimulus to ride out the economic downturn.
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