Google Surpasses Apple as Most Valuable Company; General Motors Recalls another 2.42 Million Vehicles

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Google Surpasses Apple as Most Valuable Company; General Motors Recalls another 2.42 Million Vehicles

Google Inc. (NASDAQ: GOOG) has taken the number one spot as the most valuable company in the world in the “The BrandZ Top 100 Most Valuable Global Brands” study.  This is a report that looks at the top 100 brands across the food and beverage, technology, automotive, retail, beverage, financial services and luxury verticals. For three years Apple Inc. has had the number one spot but the company’s brand fell year over year to $148 billion. Google on the other hand has upped its brand value by 40% to $159 billion. According to Oscar Yuan, the vice president at Millward Brown Optimor who conducts the study, “I think the world is looking at Apple as a brand that created an Earth-shattering revolution, and I think that has slowed down a bit. The fact that [Google] doesn’t see themselves contained in one sector is really a testament to their boldness and willingness to try new things.”

Google Inc., a technology company, builds products and provides services to organize the information. The company offers Google Search, which provides information online; Knowledge Graph that allows searching for things, people, or places, as well as builds systems that recognize speech and understand natural language; Google Now, which provides information to users when they need it; and Product Listing Ads that offer product image, price, and merchant information.

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General Motors Company (NYSE: GM) has announced the recall of 2.42 million vehicles in four separate recalls in the U.S. The total of vehicles that the company has now recalled is 13.6 million. There have been a total of 29 recalls just this year. The company recently agreed to pay a fine of $35 million to the U.S. safety regulators due to the late recall of 2.6 million older-model small cars associated with 31 crashes and 13 front-seat fatalities due to faulty ignition switches. This figure is the most the government can impose.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, as well as under the Alpheon, Jiefang, Baojun, and Wuling brand names. It also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, the company offers connected safety, security and mobility solutions, and information technology services.

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