Industry Leaders To Cover Travel Expenses For Employee Abortions

By KIMBERLEY HAAS

At least four industry leaders will cover the travel expenses for employee abortions after the U.S. Supreme Court overturned Roe v. Wade on Friday.

The New York Times named Bank of America, JPMorgan Chase, Wells Fargo, and Zillow in a Tweet on Monday. There were 4,307 Retweets, 705 Quote Tweets, and over 17,300 Likes as of Tuesday morning.

The media relations departments at Bank of America and JPMorgan put out press releases about their stress test results on Monday.

Bank of America announced plans to increase its quarterly common stock dividend beginning in the third quarter of 2022.

“Our responsible growth strategy over the last decade has put us in a strong position to support our clients and deliver for shareholders,” said Bank of America Chair and Chief Executive Officer Brian Moynihan in a statement.

“In October 2021, we renewed the Company’s previously announced $25 billion common stock purchase program with $17 billion remaining as of March 31, 2022, and today we are also announcing that we expect to increase the quarterly common stock dividend by 5% to $0.22 per share,” he added.

Both Bank of America and JP Morgan operate worldwide.

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Email story ideas to Editor Kimberley Haas: [email protected]