Latest Verizon Communications Inc News

Biden taps influence industry despite pledge on lobbyists

Sep. 3, 2019 2:41 PM EDT

WASHINGTON (AP) — Joe Biden entered the Democratic primary promising "from day one" to reject campaign cash from lobbyists. "I work for you — not any industry," he tweeted. Yet hours after his April campaign kickoff, the former vice president went to a fundraiser at the home of a lobbying executive....

Union, AT&T say 20,000 striking workers coming back to work

Aug. 28, 2019 2:16 PM EDT

NEW YORK (AP) — AT&T and the Communications Workers of America said that the 20,000 AT&T workers in the Southeast who went on strike over the weekend were coming back to work Wednesday. The union said Wednesday that it had a "handshake deal" on a new agreement with AT&T and that negotiations...

Major carriers, state AGs will work to combat robocalls

Aug. 22, 2019 3:38 PM EDT

NEW YORK (AP) — Major phone companies have pledged to do more to fight robocalls plaguing Americans, the country's state attorneys general say. It's the latest step from government and industry to combat the growing problem . Americans get nearly 5 billion automated calls from scammers, telemarketers, debt...

Verizon adds more cellphone customers; profit slips

Aug. 1, 2019 11:24 AM EDT

NEW YORK (AP) — Verizon's net income fell in the second quarter but a key earnings measure topped analyst expectations as the country's largest cellphone company added more wireless customers. The New York-based company said Thursday that it added 245,000 cellphone customers who pay a monthly bill —...

AP Explains: What T-Mobile takeover of Sprint means for you

Jul. 26, 2019 5:42 PM EDT

NEW YORK (AP) — U.S. antitrust regulators have cleared T-Mobile's $26.5 billion takeover of rival Sprint, leaving just three major cellphone companies, while creating a smaller competitor in satellite-TV company Dish. While there are still a few hurdles to be cleared for the deal to close, here's what a...

T-Mobile's $26.5B Sprint deal OK'd despite competition fears

Jul. 26, 2019 5:09 PM EDT

WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a deal that would leave just three major cellphone companies in the country. Friday's approval from the Justice Department and five state attorneys general...

This Week: Coca-Cola, AT&T and Starbucks results

Jul. 22, 2019 1:00 AM EDT

A look at some of the key business events and economic indicators upcoming this week: Flat Coke Wall Street expects Coca-Cola will report that its earnings stagnated in the second quarter while its revenue grew. Analysts surveyed by FactSet estimate that the Atlanta-based maker of Coke, Sprite, Minute Maid and...