
Texas' ban of vaccine mandates puts businesses in a difficult position
CNN
Corporate America cheered last month when President Joe Biden announced plans to require most larger businesses to mandate Covid vaccines or weekly tests for their workers, So Texas Gov. Greg Abbott's order prohibiting businesses from enforcing a vaccine mandate on their Texas-based employees puts companies in a difficult position.
Many employers want employees to get vaccinated, which they believe will reduce health care costs that can average $50,000 for each hospitalized worker. It could also trim down on absenteeism, companies believe.
The promised federal rules would allow businesses to push employees to get vaccinated without being blamed by those who objected. And the rules would reduce the chance that vaccine hesitant workers would quit, since any other employer with 100 or more workers would also have the same vaccine or weekly testing requirements.

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years.

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family trust.











