Bank of America

Procter & Gamble Co. and Target said they would cover travel expenses for employees who can’t access abortions near where they live, joining other companies that have taken the step after the Supreme Court overturned the constitutional right to abortion.P&Gunlike many of the technology and banking giants that had previously announced similar policies, is based in a Midwestern state with an abortion ban. A federal judge in Ohio issued an order Friday allowing the state’s six-week ban to take effect. A few other…

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Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers.Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher than in 2019, including 150 companies where it increased 10% or more from 2019, according to a Wall Street Journal analysis. Half as many firms reported their median worker’s 2021 compensation…

WASHINGTON—President Biden’s pick to become the government’s most influential bank regulator is testifying Thursday before Senators in a key confirmation hurdle. Michael Barr, who worked in the Treasury Department during the Obama and Clinton administrations, was tapped last month for  a four-year term as Federal Reserve vice chairman for bank supervision. If confirmed by the Senate, he would be responsible for developing policy recommendations for the Fed board and for overseeing its…