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Biden: "I am confident we'll emerge victorious"

Former Vice President Joe Biden said in a speech from Wilmington, Delaware on Wednesday afternoon that he’s not ready to declare victory yet, but “when the count is finished, we believe we will be the winners.”

The big picture: Neither Biden nor President Trump have secured the necessary 270 electoral college votes to claim a win. Biden currently has 248 electoral votes, while Trump has 214.


  • AP has not projected the results in the key battleground states of Pennsylvania, Georgia, North Carolina, Michigan or Nevada.

What he's saying: "Only three presidential campaigns in the past have defeated an incumbent president. When it's finished, God willing, we'll be the fourth," Biden said.

  • "Michigan will complete its vote soon, maybe as soon as today, and I feel very good about Pennsylvania ... Every vote must be counted."
  • In response to Trump's false and premature claim of victory, Biden said: "No one's going to take our democracy away from us, not now, not ever."
  • The former VP vowed to reach across the aisle, saying the presidency “itself is not a partisan institution.”

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Biden's push for fiber revives a Google dream

President Biden's plan to boost broadband across the country could also be a boon to Google's internet ambitions.

Why it matters: Biden wants to invest billions in building "future-proof" networks to connect all Americans, using a technology that Google previously struggled to deploy widely.

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Biden order: End the monopoly game

President Biden wants to remake the U.S. economy by injecting more competition into highly concentrated industries including airlines, Big Tech and agriculture to improve choices and prices for consumers.

Why it matters: The ambitious executive order signed Friday directs the federal government to step up antitrust enforcement and regulation. The move marks a sea change from four decades of a hands-off-big-business approach ushered in by Ronald Reagan.

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