FAIRFAX, Va. - (04/27/06) Apple FCU, which serves theeducation community in northern Virginia, donated 31 trees toRobert E. Lee High School in nearby Springfield, Va., to mark thisyears Arbor Day, celebrated every year on April 28. The 21Colorado Blue Spruce and 10 Redbuds, recommended for NorthernVirginia the National Arbor Day Foundation, will be used foreducational purposes and planted on the school grounds. The treeswere meant as a symbol for growth by Apple FCU and were cared foras saplings for several weeks by departments in the credit union.The partnership between the $750 million credit union and theschool was rooted in 1995 when the areas first student-runcredit union was established by Apple FCU at the school.
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The card network's recent partnerships attempt to build demand for new forms of artificial intelligence while feeding "value added" revenue — a non-payment fee metric that investors watch closely.
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Christopher Phelan, President Donald Trump's nominee to chair the Council of Economic Advisers, declined to directly answer questions about recent inflation data and the effects of tariffs on consumers during a Senate confirmation hearing Thursday.
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The $44 billion fintech also appointed a new CTO and head of engineering as it foregrounds artificial intelligence in strategic decision-making.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said Thursday morning that the central bank recently finalized a new organizational structure for its supervision and regulation division.
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The largest U.S. bank by assets named two co-presidents as part of its latest executive management changes. Marianne Lake, who was widely viewed as a contender to succeed CEO Jamie Dimon, will retire from the company.
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