AT&Tsaid it would pay the bonus to union-represented, non-management and front-line managers based in the U.S. The company recently employed about 250,000 people.
AT&T said Wednesday that it plans to invest an additional $1 billion into its USA networks in 2018 and give hundreds of thousands of employees a one-time bonus following the passage of the Republican-led tax bill in Congress.
"We believe tax reform is good for our USA economy and are pleased to take these immediate steps to invest in our team members, communities, small businesses, and homeowners", said President and CEO Tim Sloan in a company release.
"This tax reform will drive economic growth and create good-paying jobs", he said. "In fact, we will increase our USA investment and pay a special bonus to our USA employees".
Randall Stephenson, chief executive officer of AT&T Inc., gestures during a session on the opening day of the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 22, 2014.
Even as Stephenson praised the president, the administration's Justice Department is busy preparing its antitrust case against AT&T's $85.4 billion acquisition of Time Warner.
Shinee singer Kim Jong-hyun: K-pop boy band superstar dies
Kim debuted in 2008 as the main singer of SHINee , and cultivated a career as both a group member and a solo singer-song writer. Earlier this year, the group went on a world tour that took in the USA and released their fifth album, titled Five.
AT&T expects the bonuses will be delivered over the holidays if the law is enacted before Christmas.
The main part of the Republican tax plan is a cut in the corporate tax rate to 21% from 35%. The aerospace giant announced $300 million in spending, to be split equally between worker training, upgrading workforce facilities and a program that matches employees' charitable contributions.
"It's good for our communities, employees and Fifth Third Bank", CEO Greg Carmichael said in a statement. The Dallas-based telecommunications giant also reiterated its plan to invest an additional $1 billion in the US next year. Time Warner was up about 0.5%.
AT&T's general counsel fired back, stating, "Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market".
The launch on Xbox One is expected to bring enormous revenue to PUBG , considering the response in first 48 hours. Before, Australians and New Zealanders were forced to play on North American, European and Asian servers only.
Boston became the first team this season to win after trailing by at least five points with 30 seconds or less to play. Frank Kaminsky equalled his season-high tally of 24 points in Charlotte's 109-91 victory over the New York Knicks.
Kennedy airport as she was headed to Pakistan by way of Istanbul, from where they believe she meant to enter Syria and join ISIS. The FBI New York Joint Terrorism Task Force kept this woman from her risky and potentially deadly goal.
Sources in Miami told TMZ that Anna gave birth to twins (a boy named Nicholas and a girl named Lucy ) on December 16, 2017. The often private couple did not publicly disclose the birth of their babies, but Us Weekly managed to catch wind of it.
In the repolling in Gujarat on Sunday, nearly all the six polling booths recorded more than 70 per cent turnout. Party leaders from both the BJP and Congress are hoping to win the public mandate in the hotly contested battle.
In Spain , there are no strikes planned for pilots, but ground staff unions have not ruled out action on December 30. The Portuguese pilot union has requested a meeting and Ryanair has offered to meet them on Thursday December 21st.
He was the favoured candidate of investors, business leaders, labour unionists and the ANC's communist party allies. But now as ANC leader, Ramaphosa is likely to become the country's next president after elections in 2019.
While Michael may not be returning, the outlet suggests old characters will return in some capacity alongside new characters. The report clearly calls for a continuation of the story of Scranton's Dunder Mifflin offices .
Brady was average at times but stepped up in the pocket for big deliveries at crucial moments, usually to Gronkowski. Brown attempted to catch a pass in the end zone when a Patriots defensive back appeared to roll over his left leg.
As she stood in the center of the ring, Steph listed all of the groundbreaking things the women have done over the past few years. The Raw and SmackDown divisions will compete in the first women's Royal Rumble next month, WWE has confirmed.
Holding on to a tenuous seven-point lead at halftime, the Ravens took control of the game with their special teams and defense. Crowell had the highlight of the game, running for 59 yards after the Browns were previously within their own five-yard line.
He said Mr Trump had made "some fairly serious achievements", pointing specifically to the sharp rise in USA stock markets. The White House said Trump thanked Putin for "acknowledging America's strong economic performance".
Google Chrome to Start Blocking Ads Natively on February 15
Google even went as far as to say that ad blocker use because of bad ads is threatening the sustainability of the web ecosystem. Now when know when Google plans to send this ad blocker live, and it turns out that launch is right around the corner.
The US Pentagon's secret investigation into UFOs
However others, including Elizondo, say while Pentagon funding for the program ended at this time , the program does still exist. The AATIP program was not fully classified, but a very small number of USA officials were informed.