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erienewsnow.com 14 Jan, 2022 14:30 am

Earnings season is here to distract investors from everything else - Erie News Now

Earnings season is here to distract investors from everything else - Erie News Now
By Julia Horowitz, CNN Business

Businesses react to vaccine mandate decision On Thursday, the US Supreme Court blocked President Joe Biden's vaccine and testing requirement aimed at large businesses, a major blow to the White House's attempts to use the power of the federal government to fight the Covid-19 pandemic.But the Supreme Court sent a clear message that the Occupational Safety and Health Administration, charged with protecting workplace safety, had overstepped its authority.On Thursday, some praised the Supreme Court's decision while others said they would respect the ruling." But it called the Supreme Court's move "a significant victory for employers" worried about additional compliance hurdles and costs.

On Thursday, it said it respected the Supreme Court's judgment.JPMorgan Chase on Friday posted earnings that beat analysts' expectations.

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