Citing modest improvement in the economy and shipping volumes,
However, the 401(k) match will only be half of what it was before the suspension was made last December, and higher-level executives will still be subject to the 5% pay cuts that went into effect a year ago. FedEx suspended 401(k) matches and pay raises to save $800 million a year.
FedEx recently projected that daily package volume will reach 13 million on Dec. 14, up 8% from 12 million a year ago.
The CFP Board promised to enhance its review processes after an investigation found major shortcomings. A new analysis of CFP data found that the problem has only gotten worse.
Terri Kallsen will precede him next year as chair of the Board of Directors; Seay will take over that role in 2027.
The popular industry recruiting and retention barometer provided another window into the challenges facing LPL Financial with its latest major acquisition.
The Wall Street powerhouse has built its wealth division in large part through big deals but is not "looking to make acquisitions just for the sake of it, " said CEO Ted Pick.
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ from earlier tax legislation.
But the Bank of America subsidiaries nonetheless reported rises in AUM and net revenue in the second quarter while adding thousands of new client relationships.
