Tag: New York

Protest at Pfizer HQ Against Vaccine Mandates; NYC Restaurant-Owner Defies Mandate: ‘All Welcome’

The father of two young children placed on leave-without-pay for refusing vaccination; a restaurant owner who refuses to ask patrons to show “vax passes”; and a woman whose grandmother died days after receiving the Pfizer vaccine were among the speakers at a recent NYC vaccine-mandate protest outside Pfizer headquarters. “They said she was well enough…


Tesla Shares Slip After Heavy Week of Losses

Tesla Inc.’s shares slipped in premarket trading on Monday, adding to a heavy week of losses after CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric-car maker. Shares in the company, which lost some $187 billion in market value over the past week, were down 2.7 percent at $1,005.42 in…


Futures Rise on Tech Strength; Tesla Extends Losses

U.S. stock index futures rose on Monday as major technology stocks advanced, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending. The three major Wall Street indexes had fallen between 0.3 percent and 0.7 percent last week on concerns over high inflation and weakening…


Wall Street Supported by Tech; Tesla Extends Losses

U.S. stock indexes were buoyed by technology stocks on Monday as concerns over rising inflation saw investors shift to economically resilient sectors ahead of major retail earnings and data this week. The S&P technology and communication services sectors were the best performers in early trade, adding 0.4 percent and 0.6 percent, respectively, while Meta Platforms…


City of Rochester, NY, Declares State of Emergency Amid Unprecedented Increase in Violence

Rochester, New York’s third largest city, has declared a state of emergency due to a drastic increase in the number of homicides and other violent crimes, making 2021 one of the deadliest years in recorded history. A joint statement from Rochester Mayor Lovely A. Warren and City Council Vice President Willie J. Lightfoot on Nov….


Asian Shares Higher as Japan Says Economy Shrank in Third Quarter

Shares advanced in Asia on Monday as plans for stimulus in Japan overshadowed news that its economy contracted in the last quarter. Investors are awaiting the outcome of a virtual meeting between President Joe Biden and Chinese President Xi Jinping. Benchmarks rose in Tokyo, Sydney, Hong Kong, and Seoul but fell in Shanghai. Japan reported…


NY Governor’s Hospital Worker Vaccine Mandate Said to Be an Unconstitutional ‘Religious Crusade’

A lawyer for 17 doctors, nurses, and other medical professionals who object on religious grounds to New York’s tough vaccine mandate for health care workers filed an emergency application with the U.S. Supreme Court late on Nov. 12, claiming the state’s governor is waging “a veritable religious crusade to force medical professionals to be vaccinated.” The application is pending before…


Amazon Worker Group in New York Withdraws Petition for Union Vote

SAN FRANCISCO—A group of Amazon.com Inc. workers in New York City’s Staten Island have withdrawn a petition to hold a union election, marking a setback in a growing push by organized labor to bring the online retailer’s staff into the fold. The group, known as the Amazon Labor Union, which is not affiliated with a…


BLM Leader Claims There Will Be ‘Bloodshed’ in NYC Police Reform Argument With Eric Adams

A Black Lives Matter leader has claimed there will be “bloodshed” if newly elected New York City Mayor Eric Adams stands by his plan to toughen police reforms to counter the city’s surge in violent crime. New York City BLM co-founder Hawk Newsome discussed the issue with Adams during an event on Wednesday at Brooklyn…


Futures Edge Higher on Boost From J&J, Tech Stocks

U.S. stock index futures edged higher on Friday as Johnson & Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation. All the major U.S. indexes were set for a more than 1 percent weekly drop, their first since the week ended Oct. 1, as hot…