(Bloomberg) — The dominance of technology companies has eclipsed every other story in 2020’s pandemic-upended stock market. Now it’s helping speed changes to the world’s most famous equity benchmark.

In the biggest reshuffling in seven years, Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies Corp. were kicked out of the Dow Jones Industrial Average, making way for Salesforce.com, Amgen Inc. and Honeywell International to enter the 124-year old equity gauge a week from today. The actions were prompted when Apple Inc. — currently 12% of the 30-stock index — announced a stock split that reduced the sway of computer and software companies in the price-weighted average.

The changes mark a stunning fall from grace for Exxon, the world’s biggest company as recently as 2011, whose ejection reflects the steady decline of commodity companies in the American economy. They represent an equally significant embrace of technology firms, whose giant rallies have

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  • Election officials in several states including Ohio, Wisconsin, Illinois, and Montana, have denied rapper Kanye West the opportunity to appear on their ballots over issues with his candidacy applications.
  • Earlier in August, the West campaign withdrew its request to appear on the ballot in New Jersey after there were concerns from election officials over the legitimacy of the signatures he submitted there.
  • By the time West first declared his candidacy, he had already missed the deadline to appear on the ballot as an unaffiliated candidate in four states.
  • West announced his third-party run in early July, and has made headlines for a chaotic campaign that’s included late-night tweets about his marriage to Kim Kardashian West, controversial comments on abortion and vaccines, and repeated accusations that his campaign exists to pull support from Democratic nominee Joe Biden.
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Rapper, fashion designer, and presidential hopeful Kanye

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