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GE suspends Covid vaccine and testing rules after Supreme Court blocks Biden mandate

At the GE Manufacturing Solutions in Fort Worth Texas, an employee installs a tractionmotor onto a General Electric Evolution Series Tier 4 Diesel locomotive. Luke Sharrett | Bloomberg | Getty Images General ElectricA spokesperson for the company told CNBC that the Covid vaccine requirement and testing requirements were suspended effective Friday after the Supreme Court […]

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Biden vows Covid vaccine push after Supreme Court ruling on vaccination mandate

Healthcare worker in New York prepares a needle with Moderna COVID-19 vaccine during the COVID-19 pandemic. This was January 29th, 2021. Mike Segar | Reuters The Supreme Court ruling that barred the Biden administration’s Covid vaccine mandateEmployees of big employers are not prohibited from ordering vaccinations for their employees. President Joe BidenThe president vowed to […]

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General Electric, Rivian, Illumina and more

San Diego Offices of Illumina Reuters| Reuters Take a look at the top midday traders. Illumina – Illumina shares surged 12.7% a day after the biotechnology company issued a 2022 revenue outlookThat exceeded consensus expectations. It also noted strong demand for gene-sequencing treatment and new partnerships with four other health-care businesses. Albertsons Companies – The supermarket […]

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Ford, Bank of America and more

General view of Halewood Ford’s transmission assembly plant. This was after Ford announced that it would invest 230 GBP in Halewood on October 18, 2021. Getty Images| Getty Images Take a look at the top midday traders. Ford Motor – Shares of Ford surged more than 12% after the company announced plans to nearly double the production of its […]

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Foot Locker, Under Armour and more

Here are some top movers of the premarket. Foot Locker (FL) – The athletic footwear and apparel retailer dropped 3.9% in the premarket after J.P. Morgan Securities downgraded it to “underweight” from “neutral,” pointing to cost pressures and tougher competition. Under Armour (UAA) – Under Armour rose 2.5% in premarket trading after a Baird upgrade […]

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UBS names highest conviction stock picks heading into the new year

Pictured is a General Electric GE9X Engine on a Boeing 777X as the plane taxis to take off for its first flight. The original flight was canceled due to bad weather at Paine Field, Everett Washington, January 24, 2020. Jason Redmond | AFP | Getty Images UBS highlighted some stocks as it nears the close […]