MOORESVILLE, N.C., Oct. 7, 2020 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced it will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of Lowe’s communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.

All active hourly associates in Lowe’s U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16. Full-time hourly associates will receive $300, and part-time and seasonal associates will receive $150. The October bonus will match the funds Lowe’s provided to all hourly associates in March, May, July and August.

“Throughout the spring, summer and now into fall, our front-line associates have shown remarkable resilience and dedication to our communities in the most trying times we have faced together,” said Marvin R. Ellison, Lowe’s president

ATLANTA, Oct. 2, 2020 /PRNewswire/ — The Home Depot^®, the world’s largest home improvement retailer, today announced that Edward “Ted” P. Decker has been named president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014. As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment. In his new role, he will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

“Ted is an incredible leader who has enhanced our competitiveness and interconnected strategy by blending the art and science of retail while also driving outstanding results with both our in-store and online customer experience,” said Craig Menear, chairman and CEO of The Home Depot. “We are extremely

FAIRFIELD, Conn., Sept. 30, 2020 /PRNewswire/ — HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful August 2020 transaction in the amount of $6.5 million additional debt financing for capital improvements for the Philadelphia Protestant Home (PPH). PPH operates a continuing care retirement community in northeast Philadelphia, featuring 266 independent living units, 175 personal-care units and 126-bed nursing facility.

PPH has been funding capital improvements from general fund revenues. To efficiently manage cash-flow, PPH elected to finance $6.5 million of upcoming capital improvements. Sims, as financial advisor, developed a financing plan that provided for the funding of the required capital improvements, while implementing a structure that maintained maximum flexibility to maintain their debt service at manageable levels.

Prior to engaging PPH’s existing banking partner, Citizens Bank (Citizens), Sims worked with the PPH Fiscal Oversight Committee

(MENAFN – Daily News Egypt) Egypt’s Minister of Planning and Economic Development Hala El-Said has approved an additional budget of EGP 100m for the Ministry of Transport to start raising the efficiency of the Aswan-Al-Alaqi Road.

The road, which runs for a total length of 150 km, has already been granted EGP 560m in funds for its development.

El-Said made note of the economic importance of the transportation sector, with transport networks of all kinds considered economic lifelines. She also said that these networks link production centres with consumer markets, whilst also ensuring that production sites can obtain the required raw materials and operating requirements.

She pointed out that the transport sector’s output is important for production in many commodity and service sectors, such as the trade, extractive and manufacturing sectors.

The minister said that a country’s productivity highlights the importance of a sound and efficient transportation sector. Improving transportation

ST. FRANCISVILLE — The West Feliciana Parish School Board approved a contract with the low bidder for building the new Bains Elementary School on Sept. 15 and agreed to sell another $22.6 million in bonds for the construction and other ongoing work.

Last month, Milton J. Womack Inc. submitted the low bid of $23,907,201 to build the new school on 15 acres of land adjacent to West Feliciana Middle School at Bains.

Ten firms submitted bids for the work, which is being financed with proceeds from a $52.6 million bond issue that voters approved in May 2019.

Because the base bid for the building construction, $23.34 million, was below the budgeted figure, the board also was able to accept the Womack firm’s $103,401 bid to install additional canopies on bus and carpool drop-off lanes and $463,800 for enhanced playground equipment.

The entrance the school will be on Marydale Road.

Another

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