Bloomberg
(Bloomberg) Bank of America Corp. will boost its minimum hourly wage to $25 an hour by 2025 from a current $20, according to its Chief Executive Officer Brian Moynihan.
The move follows four years of pay increases that brought the company’s minimum wage to an hourly $20 in 2020 from $15. The Charlotte, North Carolina-based lender will also require its U.S. vendors to pay employees dedicated to the bank $15 per hour or more, Moynihan announced in an interview on CNN. Of more than 2,000 vendors with 43,000 employees, over 99% meet that threshold, the bank said in a separate statement.
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“A core tenet of responsible growth is our commitment to being a great place to work which means investing in the people who serve our clients,” said Sheri Bronstein, chief human resources officer at Bank of America, said in the statement. “That includes providing strong pay and competitive benefits to help them and their families, so that we continue to attract and retain th
Bank of America to raise minimum wage to $25 per hour in race for talent
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Owens Corning Foundation gift advances riverwalk vision Published by sports@presspub. on Thu, 04/29/2021 - 1:26pm
Artist s drawing of the Glass City Metropark. (Courtesy Scott Carpenter/Director of Public Relations/Metroparks Toledo)
A major financial contribution from the Owens Corning Foundation is another step toward creating a continuous five-mile greenway along both sides of the Maumee River in downtown and East Toledo.
The $1 million donation will help fund the development of Glass City Riverwalk, which will connect six neighborhoods, improve water quality in the Maumee River and Lake Erie, and create a regional destination.
“We are pleased to support the revival of Toledo’s riverfront and continue the positive momentum underway downtown,” said Owens Corning Chairman and Chief Executive Officer Brian Chambers. “This is truly a once-in-a-generation opportunity to transform our community by preserving and providing more equitab
The five-mile greenway will connect parks and improve water quality in the Maumee River and Lake Erie. Author: WTOL Newsroom Updated: 10:53 AM EDT April 27, 2021
TOLEDO, Ohio
Editor s note: The above video is from 2020.
The Glass City Riverwalk is one step closer to securing the necessary funding thanks to a $1 million donation from the Owens Corning Foundation.
The Riverwalk will connect six neighborhoods, improve water quality in the Maumee River and Lake Erie, and create a five-mile greenway along both sides of the river in downtown and east Toledo.
“We are pleased to support the revival of Toledo’s riverfront and continue the positive momentum underway downtown,” said Owens Corning Chairman and Chief Executive Officer Brian Chambers. “This is truly a once-in-a-generation opportunity to transform our community by preserving and providing more equitable access to greenspace for all Toledo residents.”
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Horizon Corporation Reports First Quarter Net Income Available to Common Shareholders of .
First Horizon National CorporationApril 21, 2021 GMT
First quarter 2021 ROTCE of 15.9%; Adjusted ROTCE of 20.2% improved from 18.2% in fourth quarter 2020
Tangible book value per share of $10.30 up 1% from fourth quarter 2020
MEMPHIS, Tenn., April 21, 2021 (GLOBE NEWSWIRE) First Horizon Corporation (NYSE: FHN or “First Horizon”) today reported first quarter 2021 net income available to common shareholders (“NIAC”) of $225 million, or earnings per share of $0.40, compared with fourth quarter 2020 NIAC of $234 million, or earnings per share of $0.42. First quarter 2021 results were reduced by a net $60 million after-tax, or $0.11 per share, of notable items largely related to the IBERIABANK Corporation Merger (“IBKC Merger”) compared with a net $20 million after-tax reduction,
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