General Electric Stock News

Starbucks Joins Growing List Of Companies Abandoning Vax Mandate After SCOTUS Ruling Another company has abandoned its plans for a vaccination mandate and mandatory routine testing roughly one week after the Supreme Court killed President Biden''s plans to enforce a corporate vax mandate through OSHA. To wit, Starbucks has joined the ranks of American megacorps including General Electric in rejecting vaccine mandates by pausing its plans to require baristas to get vaccinated, or receive weekly testing. The decision was reported shortly before President Joe Biden blasted the SCOTUS ruling as a "mistake" during his Wednesday press briefing. Instead, Starbucks says it will "strongly encourage" baristas to get vaxxed while encouraging them to disclose their vaccination status. Culver said in the letter that more than 90% of workers already disclosed if they have been vaccinated. Meanwhile, the "vast majority" have been fully vaccinated, according to CNBC. Starbucks employs some 228K people across the US.

General Electric Abandons Biden''s Vax Mandate After SCOTUS Ruling While Nike Doubles Down Now that the Supreme Court has blocked President Biden''s push to mandate vaccinations for all workers at companies with more than 100 workers, companies are finally backing away from the government''s edict. To wit, General Electric has just announced that it has abandoned its vaccine require Are you listening, Wall Street bulge-bracket employers? https://t.co/J0A6LVq7YA Rasmussen Reports (@Rasmussen_Poll) January 14, 2022 According to Bloomberg , the maker of jet engines, wind turbines and medical scanners confirmed the decision Friday via email. GE is the first major company to announce a halt after SCOTUS''s decision Thursday to block the centerpiece of President Joe Bidens push to boost COVID vaccinations. Vaccine rules have taken on greater significance as the surging omicron variant has disrupted companies'' plans to order workers to return to the office. Without the federal mandate, which would have applied to employers with 100 or more workers, the choice is now up to individual workers.

NEW YORK , Jan. 14, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MGM, GE, CCL, T, and MRNA. Full story available on Benzinga.com

These are the stocks posting the largest moves in midday trading.

General Electric <> is on the rise after picking up a new Outperform rating from Bernstein analyst Brendan Luecke, who views the planned split into three companies as good news…

Tuesday''s top analyst upgrades and downgrades included Advanced Micro Devices, Brixmor Property, General Electric, Infosys, Intel, Juniper Networks, Kimco Realty, Kinder Morgan, PayPal, Shopify, Target, Wynn Resorts, ViacomCBS and Visa.

General Electric Company''s (NYSE: GE ) short percent of float has fallen 7.37% since last its last report. The company recently reported that it has 9.56 million shares sold short , which is 0.88% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price Full story available on Benzinga.com

Comparing the investment cases for the two industrial giants in 2022.