Tag: New York

COVID-19 Vaccine Mandate for New York Public Schools ‘On the Table’, Gov. Hochul Says

Although the New York government isn’t actively considering a COVID-19 vaccine mandate for public school students across the state, the option remains on the table, according to Gov. Kathy Hochul. During the Oct. 27 press conference, Hochul noted that a Food and Drug Administration (FDA) panel voted to recommend the a lower dose of Pfizer-BioNTech…


Group Busted Allegedly Smuggling Cocaine in Children’s Lunchboxes

Five people were charged in New York for allegedly smuggling cocaine in children’s lunchboxes and school binders sporting “images of popular cartoon characters,” authorities announced on Oct. 27. New York City’s Special Narcotics Prosecutor alleges that the group “shipped numerous packages containing cocaine from Puerto Rico to New York and Massachusetts” between May 2020 and…


Futures Rise on Positive Earnings; GDP Data Awaited

U.S. stock index futures edged higher on Thursday, led by gains in Caterpillar, Merck, and Ford after upbeat quarterly earnings, while investors awaited data that will likely throw light on the pace of the economic recovery. The Commerce Department’s advance gross domestic product report, due at 08:30 a.m. ET, will likely show the U.S. economy…


NYC Firefighters Union Tells Firefighters to Report for Duty, Defying Vaccine Mandate

The head of Uniformed Firefighters Association (UFA), a New-York based firefighter union, told its members on Wednesday to report for duty despite Mayor Bill de Blasio’s order to place city workers on unpaid leave if they remain unvaccinated. UFA president Andrew Ansbro told Reuters that firefighters, who now face suspension unless they get the COVID-19 vaccine,…


World Shares Retreat, Chilled by Decline on Wall Street

Shares slipped Thursday in Europe and Asia after a retreat on Wall Street pulled the S&P 500 and the Dow Jones Industrial Average back from their latest record highs. Shares fell in London, Frankfurt, Tokyo, and Shanghai but rose in Paris. A steady flow of corporate report cards continues Thursday with industrial bellwether Caterpillar and…


Judge Refuses to Halt Vaccine Mandate for NYPD Employees, Other City Workers

A New York judge on Wednesday denied a last-minute effort by New York City’s largest police union to halt the city government’s COVID-19 vaccine mandate that goes into effect starting next week, a decision that may send about a quarter of the force home without leave. Richmond County Supreme Court Judge Lizette Colon, whose court is…


GM Outlook Doesn’t Impress, Sees Chip Shortage Continuing; Shares Drop

DETROIT—General Motors Co. said on Wednesday its quarterly profit was hit by the global semiconductor shortage that it sees continuing until late 2022, and offered a full-year profit forecast that disappointed Wall Street, sending shares down more than 3 percent in premarket trading. The Detroit automaker’s quarterly profit and revenue fell due to a drop…


Wall Street Opens Higher After Upbeat Earnings Reports

U.S. stock indexes opened slightly higher on Wednesday, helped by a fresh batch of upbeat earnings reports. The Dow Jones Industrial Average rose 78.55 points, or 0.22 percent, at the open to 35,835.43. The S&P 500 opened higher by 5.43 points, or 0.12 percent, at 4,580.22, while the Nasdaq Composite gained 40.29 points, or 0.26…


Nasdaq Rises After Strong Microsoft Forecast

The Nasdaq led gains among Wall Street indexes on Wednesday after a robust forecast from Microsoft supported optimism about the third-quarter earnings season, while a decline in oil prices hurt shares of energy companies. The S&P 500 index and the Dow Jones Industrial Average struggled for direction in the first hour of trading, with seven…


Twitter Avoids Revenue Hit From Apple Privacy Changes

Twitter Inc. on Tuesday reported its quarterly revenue grew 37 percent and avoided the brunt of Apple Inc. privacy changes on advertising that hobbled its rivals, sending its shares up 3 percent. The social networking site has been working to add new features such as audio chat rooms to attract users, and also rolled out…