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Business Wars Daily

Citibank Expands Employee Abortion Coverage

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 14 April 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Thursday, April 14, and we're looking at Citigroup vs. Bank of America.

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Transcript

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0:00.0

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One, three.

1:07.0

The From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, April 14th.

1:13.1

Let's go back a bit to the middle of March. The Texas Supreme Court shut down a federal challenge to its controversial ban on abortion after six weeks of pregnancy. The move upheld the

1:19.1

ban and effectively blocked any further legal action that could overturn it. Well, this did not

1:24.0

sit right with abortion activists, nor was it okay with a number of businesses

1:28.4

across the country. Most companies that reacted to the ban were small or relatively new,

1:33.6

according to the New York Times. Bumble created a relief fund for people affected by the law.

1:38.6

Lifton Uber said they would cover legal costs for drivers who transported people to abortion

1:43.3

clinics.

1:51.1

But those who opposed the ban found another rather unexpected ally in a massive Wall Street bank.

1:59.5

City Group, which has about 8,500 of its 65,000 U.S. employees in Texas, actually took action well before the ban was upheld. In January, the company

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