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Business Briefs: First Tennessee named among top companies for executive women

First Tennessee bank logo
First Tennessee bank logo First Tennessee bank logo

First Tennessee named among top companies for executive women

First Tennessee Bank, AT&T and Bank of America were honored by the National Association of Female Executives for being among the top 60 companies for executive women. The annual list is published in Working Mother magazine and recognizes companies across the country that excel in leadership opportunities for women.

At First Horizon Corp., the parent company of First Tennessee Bank, the number of women executives and senior leaders has grown by 50 percent since 2010. Women make up 70 percent of employees earning promotions to the manager level and above, and more than 20 percent of its corporate executives are women.

“As a woman and an executive, it makes me particularly proud that First Horizon is one of the best companies in America for female leaders,” said Tammy LoCascio, executive vice president of consumer banking at First Tennessee. “We are focused on attracting, developing and retaining top talent, period.”

California to impose cancer label on Roundup

A judge has ruled that California can require Monsanto to label its popular weed-killer Roundup as a possible cancer threat despite insistence from the agrochemical company that it poses no risk to people.

Superior Court Judge Kristi Culver Kapetan in January tentatively dismissed a challenge by Monsanto and a citrus growers group. In her final ruling last week, the judge said that none of Monsanto’s objections were viable, the Fresno Bee reported Monday.

The company had sued the nation’s leading agricultural producing state, saying California officials illegally used recommendations from an international health organization to make its decision to require the warning labels.

Monsanto’s attorney, Trenton Norris, told the judge that the warnings will drive some customers away, hurting the company.

California regulators have said they relied on a finding by the France-based International Agency for Research on Cancer, considered a gold standard for cancer research.

American adds free meals on more economy flights

American Airlines said Tuesday that it plans to offer free meals to everyone in economy on two cross-country routes starting May 1.

The decision by the world’s biggest airline comes a month after Delta Air Lines announced that it would restore free meals in economy on a dozen long-haul U.S. routes this spring.

Airlines dropped free sandwiches and other meals in economy on domestic flights after brutal downturns in 2001 and 2008. They have been slow to bring back food despite rising profits, leading to grumbling by some passengers.

Fares on transcontinental flights can be very similar – five airlines are offering the same $184 price for a one-way nonstop flight from New York to Los Angeles on June 1. So airlines are looking for an edge with touches such as better seats and, now, free food.

Vice president of marketing Fernand Fernandez said some of American’s best customers fly those transcontinental routes and the airline wants to give them better service “in this competitive market.”