Will more companies share tax savings with workers? [CNNMoney.com]
AT&T Inc. (T)
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Source: CNNMoney.com
Only a small slice of corporate America has shared tax savings with workers so farPresident Trump has cheered corporations "showering their workers with bonuses" thanks to the tax overhaul he just signed into law.Trump tweeted on Tuesday that "companies are giving big bonuses to their workers because of the Tax Cut Bill." He added, "Really great!"The president is right: Companies poised to cash in on the tax cuts, such as AT&T, Bank of America (BAC), Comcast(CMCSA) and Wells Fargo, have announced one-time bonuses and pay raises. It's terrific news for employees, especially those struggling with years ofdisappointing wage increases.U.S. Bancorp (USB) and Zions Bancorp (ZBPRA) on Tuesday became the latest big companies to unveil $1,000 special bonuses and pay raises. Regions Financial (RF) announced Tuesday it was raising it minimum wage to $15 per hour.But despite the political rhetoric, only a small fraction of corporate America has decided to share the tax bonanza directly with w
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News
- Molham Aref Creates RelationalAI As AI Coprocessor For Data Clouds [Forbes]Forbes
- COMPLY Enhances Executive Leadership Team with Appointments of Jeff Hilk as Chief Revenue Officer and Wendy Werve as Chief Market Officer [Yahoo! Finance]Yahoo! Finance
- AT&T Spins-Out Cybersecurity Business, LevelBlue [Forbes]Forbes
- DATA BREACH: AT&T Customers May Be Entitled to CompensationAccesswire
- Raise Commercial Real Estate Welcomes Industry Veteran Michael McMillan as Senior Vice President of Brokerage [Yahoo! Finance]Yahoo! Finance
T
Earnings
- 4/24/24 - Beat
T
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website