Verizon earnings top expectations but COVID-19 pressures wireless, media businesses

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Verizon earnings top expectations but COVID-19 pressures wireless, media businesses

Verizon Communications Inc. topped earnings and revenue expectations for its second quarter on Friday, but shares of the wireless company dipped slightly in premarket trading. The company posted net income of $4.7 billon, or $1.13 a share, up from $3.9 …
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He promised his friend he'd split the cash if he won the lottery. He's doing just that with his $22 million jackpot

(CNN) Years ago, Thomas Cook and Joseph Feeney made a pact: if either of them ever won the lottery, they’d split the winnings. Then they shook on it. Twenty eight years later, Cook kept his word. The Elk Mound, Wisconsin, man won a whopping $22 million …
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PNC's biggest branch cut of 2020 hits Raleigh, Chapel Hill

Days after its CEO hinted at a business model that would require “less physical space,” Pittsburgh-based PNC has disclosed additional branch closures in North Carolina – including in the Triangle. The latest bulletin out of the Office of the Comptroller of the …
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Bridgewater Associates lays off several dozen employees

World’s largest hedge fund made cuts in its research department, client-services team, among recruiters. Facebook; Twitter; Comments; Print; Email. By Juliet ChungThe Wall Street Journal. close. Fox Business Flash top headlines are here. Check out what’s …
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Gold Climbs to a High, Topping Its 2011 Record

Gold prices rose to a new closing record for the first time since 2011, extending a summer surge fueled by nervous investors adding bullion to their portfolios as the coronavirus muddies the global economic outlook. Most actively traded gold futures, …
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