Cramer's lightning round: Quest Diagnostics is good to own

• It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Sea Ltd: "I can't analyze that company. [It] doesn't make any money. It's got all the appeal of a lot of the companies I follow, but I cannot opine on it. I'm not dodging it, I just don't know it."

Quest Diagnostics: "I think Quest is good. I like Lab Corp more, frankly."

Pacific Biosciences: "I can't tell [you] to buy it up here. It's moved too much."

HanesBrands: "Very pedestrian stock. It's doing OK. …. I thought PVH did a decent job in the quarter. I'd rather be in that than to be in this one."

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Supreme Court Rejects GOP Bid To Reverse Joe Biden’s Pennsylvania Win

WASHINGTON (AP) — The Supreme Court has rejected Republicans’ last-gasp bid to reverse Pennsylvania’s certification of President-elect Joe Biden’s victory in the electoral battleground.

The court without comment Tuesday refused to call into question the the certification process in Pennsylvania. Gov. Tom Wolf already has certified Biden’s victory and the state’s 20 electors are to meet on Dec. 14 to cast their votes for Biden.

Biden won 306 electoral votes, so even if Pennsylvania’s results had been in doubt, he still would have more than the 270 electoral votes needed to become president.

Biden Picks Tom Vilsack to Reprise Role as Agriculture Secretary

President-elect Joe Biden turned to former Iowa Governor Tom Vilsack to reprise his Obama administration role as U.S. agriculture secretary, according to two people familiar with the decision, tapping a Farm Belt politician with deep ties to rural America.

Vilsack has been a proponent of international trade who criticized President Donald Trump’s tariff war with China and has shown a willingness to build consensus with agricultural interests. He is well-known both to Biden and farm groups, having spent eight years as agriculture secretary, Barack Obama’s longest-serving cabinet member.

Biden chose Vilsack as he tries to build support among constituencies that favored Trump, especially in rural America.

Biden settled on Vilsack after also considering Ohio Representative Marcia Fudge, whose case had been pressed by a key ally, Representative James Clyburn of South Carolina.

Fudge will be nominated instead to lead the Department of Housing and Urban Development, a person familiar with the transition said.

Biden is expected to nominate Tom Vilsack as Secretary of Agriculture

• President-elect Joe Biden is expected to tap former Secretary of Agriculture Tom Vilsack to reprise his old job leading the department, according to a Wall Street Journal report.
• Vilsack, a former two-term governor of Iowa, led the Agriculture department from 2009 to 2017 during nearly the entire tenure of former President Barack Obama.
• The former secretary has long supported Biden, backing the president-elect in November 2019 before the 2020 Iowa caucuses.
• Visit Business Insider's homepage for more stories.

President-elect Joe Biden is expected to tap former Secretary of Agriculture Tom Vilsack to reprise his old job leading the department, according to a Wall Street Journal report.

Vilsack, a former two-term governor of Iowa who has deep roots in rural America, where Democrats have struggled mightily over the past two presidential cycles, led the Agriculture department from 2009 to 2017 during nearly the entire tenure of former President Barack Obama.

The former secretary has long supported Biden, backing the president-elect in November 2019 before the Iowa caucuses.

This story is developing. Check back for more updates.

Microsoft Says Key Xbox Game ‘Halo Infinite’ Coming in Fall

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Microsoft Corp. said “Halo Infinite,” the biggest Xbox game originally planned for the November launch of its new console last month, will go on sale in fall 2021.

The company announced in August that the game would be delayed partly due to the challenges of the development team working remotely during the coronavirus pandemic. Halo is a multibillion-dollar franchise that began with the first Xbox almost two decades ago.

Bernie Sanders supporters call for postal banking

GOP Senate means it’s unlikely Warren or Sanders will get Biden Cabinet posts: Gasparino

Sources tell FOX Business’ Charlie Gasparino that Wall Street Biden supporters say Cabinet vetting is being done under the assumption the GOP keeps the Senate.

Supporters of Sen. Bernie Sanders, I-Vt., are pushing for government-run financial institutions.

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In a Twitter post, the group “People for Bernie” wrote that regardless if Democrats are able to flip the Senate – meaning whether they are able to win two runoff races in Georgia next month – it can still win postal and public banking systems.

IS BIDENOMICS TURNING INTO BERNIENOMICS?: MARIA BARTIROMO, JAMES FREEMAN 'THE COST'

Sanders has called for a postal banking system, whereby local Post Office locations would be authorized to provide financial services.

Some of the proposed services a postal banking system could offer include low-interest loans, checking and savings accounts, debit cards, check cashing, bill payment, ATM services, online banking services and electronic money transfers. The measure has been framed as a way to prevent lower-income Americans from falling victim to predatory payday lending practices – and from having to rely on Wall Street’s largest institutions.

The Democratic Socialists of America is planning a series of webinars on the Postal Service, including one on postal banking this weekend.

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