Regions Bank boosts minimum wage, Wall Street surpasses 25k
Regions Bank is handing out raises. According to published reports, Regions Bank says it is boosting its hourly minimum wage to $15 for 5,000 employees.
The move is in response to anticipated savings from the corporate tax rate reduction in the GOP’s tax reform law.
The Birmingham-based bank is one of the latest in a string of companies to announce bonuses or pay raises for employees in the wake of the passage.
And that’s not all, the Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald