Verizon
Coverage of Verizon in the Nexus archive.
- Verizon customers in Nashville area experiencing outages
Verizon customers in the Nashville area are experiencing outages on Friday, as confirmed by a spokesperson. The issue is currently affecting service in the region.
- Goldman Sachs is taking over $70 billion in retirement assets from Verizon and Lockheed Martin
Goldman Sachs is taking over $70 billion in retirement assets from Verizon and Lockheed Martin, including $30 billion in pension assets and $40 billion in Verizon's defined-contribution retirement assets.
- Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
Goldman Sachs secured $70 billion in asset management deals with Verizon and Lockheed Martin. The competition in the retirement assets market includes managers like Goldman Sachs, BlackRock, Russell Investments, and Mercer.
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
The number of Americans filing for unemployment benefits decreased to 215,000 in the week ending July 4, according to the Labor Department. Despite the slight drop, layoffs remain historically low, though June's hiring slowed to 57,000 jobs. Companies like Verizon, UPS, Amazon, Disney, Starbucks, Walmart, and Microsoft have recently cut jobs.
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
US jobless claims decreased to 215,000 in the week ending July 4, remaining within a historically stable range. The June jobs report showed slower hiring with 57,000 jobs added, and the unemployment rate fell to 4.2% as some job seekers exited the labor market. Companies like Verizon, UPS, Amazon, Disney, Starbucks, Walmart, and Microsoft have recently reduced their workforces.
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
The number of U.S. unemployment claims decreased to 215,000 last week, below analysts' forecasts, with layoffs remaining historically low. June's jobs report showed slower hiring, but jobless claims have stayed within a healthy range since post-pandemic recovery.
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
US jobless claims decreased to 215,000 in the week ending July 4, reflecting historically low layoffs. The June jobs report showed slower hiring with 57,000 jobs added, and the unemployment rate fell to 4.2% as some job seekers stopped looking. Companies like Verizon, UPS, Amazon, and Microsoft have recently reduced workforces.
- [US] Scammers doing due diligence
A Verizon business account holder received a phishing email with an Excel attachment and a subsequent fake call from scammers claiming to be from Verizon. The individual identified discrepancies, such as the email's suspicious address and the use of an 855 number, and avoided falling for the scam by verifying details independently.
- I think I got scammed by a fake Verizon number, and I’m wondering if I’m just out the money
The user called a fake Verizon customer service number, leading to unauthorized charges on their Visa debit card. A $255 charge was declined by their bank, but $336 and $730.30 charges went through before the scam was discovered. Verizon incorrectly confirmed the number was legitimate, and the user disputed the charges with their bank.
- Verizon is About to Break our Watches
The article discusses concerns that Verizon's actions may disrupt smartwatch functionality. The title suggests a potential issue with watches breaking due to Verizon's policies or services.
- SpaceX panic sends Verizon and AT&T shares toward their worst week in years
Verizon and AT&T shares are experiencing their worst week in years due to the looming threat of SpaceX's Starlink service. The telecom companies' stocks are declining as concerns about competition from Starlink intensify.
- The AI age is missing its phone company
The article draws parallels between the AI industry's current focus on content (LLMs) and past media/tech sectors, arguing that the AI revolution lacks a dedicated 'phone company'-style distribution network. It highlights how companies like OpenAI, Google, and Anthropic are attempting to control both content and distribution through apps/APIs, while existing firms like Comcast are reverting to core distribution roles. Anthropic recently acquired dev tools company Stainless to build AI distribution infrastructure.
- Comcast is cutting NBCUniversal loose. Netflix, Apple, and Amazon might want to look.
Comcast is splitting into two companies, spinning out its NBCUniversal entertainment business, which includes Peacock, a film and TV studio, and theme parks. The move reflects a broader trend where combining broadband distribution with media content has proven unsuccessful, as seen in past attempts by companies like Time Warner and AT&T.
- BT and Verizon to create joint global business in $625m deal
BT and Verizon will create a 50/50 joint global business with a $625m equalisation fee from Verizon to ensure equal voting rights. The venture combines their international operations, targeting 3,000 customers across 180 countries and $4bn in annual revenue.
- BT and Verizon to create joint global business in $625m deal
BT and Verizon are forming a 50/50 joint venture to combine their international businesses, with Verizon paying a $625m equalization fee to ensure equal voting rights. The new entity is expected to serve over 3,000 customers across 180 countries with $4bn in annual revenue.
- Verizon and BT Create Joint Venture for International Businesses
Verizon and BT have formed a joint venture focused on international businesses. The partnership aims to expand their global operations and services.
- (US) Woke up to a shit ton of texts and emails with insurance quotes
Received multiple unsolicited auto and home insurance quotes via texts, emails, and missed calls, including one from Morgan Freeman. The messages contained an old family address not used in over a decade, leading to concerns about data exposure or potential involvement of a family member with dementia. All contacts were blocked and reported as spam.
- [US, KY) How to stop credit card scam calls?!
The user is receiving frequent credit card scam calls from numbers with their city's code (502), featuring a pre-recorded male voice using the wrong name 'John'. Verizon does not flag these calls as spam, leading to ongoing frustration.
- Why getting dumped from the Dow is the ultimate buy signal for this stock
The article suggests that being removed from the Dow Jones Industrial Average (the 'Dow curse') may benefit Verizon more than Alphabet, positioning it as a potential buy signal for Verizon.
- US stocks edge higher as falling oil prices help take pressure off the market
US stocks rose slightly as falling oil prices and bond yields eased market pressure. The S&P 500, Dow Jones, and Nasdaq all gained 0.2%, with technology stocks mixed after recent losses. Alphabet replaced Verizon in the Dow, and oil prices dropped amid US-Iran war negotiations.
- Garden City man pleads guilty to charges for crashing Tesla into Ferndale store
A Garden City man, Emad Rehman, 26, pleaded guilty to charges of fleeing and eluding police and driving with a suspended license after crashing his Tesla into a Verizon store in Ferndale. The incident occurred after Rehman reportedly ran a red light in Royal Oak and fled police, leading to a high-speed pursuit before the crash. He faces sentencing on Sept. 8, 2026.
- US stocks edge higher in early trading as falling oil prices help take pressure off the market
US stocks rose slightly in early trading as falling oil prices and bond yields eased market pressure. The S&P 500 and Nasdaq gained 0.4%, while the Dow rose 0.1%. Tech stocks, including Micron and Marvell Technology, rebounded after prior declines, and oil prices dropped amid progress in U.S.-Iran war talks.
- Alphabet is joining the Dow Jones Industrial Average, replacing Verizon
Alphabet, the parent company of Google, will replace Verizon in the Dow Jones Industrial Average starting June 29. This change aims to provide the index with broader exposure to AI, cloud computing, and digital advertising sectors.
- Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet has been added to the Dow Jones Industrial Average, replacing Verizon. This change updates the composition of the index by substituting one company for another.
- Non-emergency phone lines down for some Middle TN dispatch services
Non-emergency phone lines for some Middle Tennessee dispatch services, including Nashville and Columbia departments, are experiencing disruptions. Emergency 911 lines remain unaffected, and alternative contact methods like 311 and hubNashville are recommended. Technical issues with Verizon customers are suspected but not confirmed.
- Roundup: Heavy rainfall ahead / Biofuels’ major role / Verizon’s new plan
East Baton Rouge Parish officials warn of heavy rainfall and flooding risks from a strengthening Gulf weather system. Biofuels are highlighted for supporting farmland values but face policy-related uncertainties. Verizon introduces simplified wireless plans and a loyalty program to enhance customer experience.
- Verizon Debuts New Plan, Loyalty Program in Battle for Customers
Verizon has introduced a new plan and loyalty program to compete for customers. The article mentions a Verizon store in New York.
- Ice cream shop opens second location in Latham
Emack & Bolio's, an Albany ice cream shop, has opened its second location in Latham at Fresh Market Plaza on June 8. The new store is located at 664 New Loudon Road between Verizon and Spectrum.
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
U.S. jobless aid filings increased to 229,000 in the week ending June 6, the highest since early February but still historically low. Despite concerns over the war in Iran and rising inflation, hiring has improved recently, with 172,000 jobs added in May and a 4.3% unemployment rate. Companies like Verizon, UPS, Amazon, Disney, Starbucks, and Walmart have cut jobs, while job openings rose to 7.6 million in April.
- AT&T and Verizon lose Supreme Court case over fines for selling location data
AT&T and Verizon lost a Supreme Court case challenging fines for selling users’ real-time location data without consent. The Court ruled the FCC’s penalty process did not violate the Seventh Amendment right to a jury trial, resolving a split between the 5th and 2nd Circuit Courts. The companies were fined $104 million in 2024 for 2018 violations.
- Supreme Court sides with Trump administration on federal regulation of telecom companies
The Supreme Court upheld the Trump administration's stance, affirming the Federal Communications Commission's authority to enforce data privacy fines on telecom companies like Verizon and AT&T. The 8-1 decision allowed the FCC to impose penalties for mishandling customer location data, though companies were granted a regulatory concession to delay payments. Justice John Roberts wrote the majority opinion, while Justice Clarence Thomas dissented, arguing for a clearer path for companies to recoup paid fines.
- Court rules against cell service providers over right to jury trial in FCC proceedings
The Supreme Court ruled 8-1 that the FCC's process for imposing penalties on telecom companies for legal violations does not violate the Seventh Amendment's right to a jury trial. AT&T and Verizon had challenged $57 million and $47 million penalties, respectively, for mishandling customer data, but the Court upheld the FCC's authority to issue enforceable orders requiring payment.
- US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February
U.S. jobless aid filings reached their highest level in four months, with 225,000 applications in the week ending May 30, reflecting economic uncertainty from the Iran war. Despite historically low layoffs, inflation rose 3.8% in April 2025, and businesses remain cautious amid high energy costs and potential job displacement from AI advancements.
- Supreme Court sides with Trump administration on federal regulation of telecom companies
The Supreme Court upheld the Trump administration's support for federal regulators enforcing data privacy laws on telecom companies, preserving the FCC's authority to impose fines. Verizon and AT&T challenged $100 million in penalties, arguing the FCC's process was unconstitutional, but the Court ruled the fines could be ordered without immediate payment.
- The Latest: Scott Bessent testifies before the House on Treasury Department priorities
Treasury Secretary Scott Bessent testified before the House Ways and Means Committee on Treasury priorities, refusing to confirm if President Donald Trump and his family would retain immunity from IRS audits. Ex-national security adviser John Bolton agreed to plead guilty to retaining classified information, while American Airlines suspended some summer routes due to high fuel costs. The Supreme Court upheld a Trump administration regulation on telecom data privacy.
- The Latest: Scott Bessent testifies before the House on Treasury Department priorities
Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Treasury priorities. John Bolton will plead guilty to retaining classified information, and American Airlines suspends some summer routes due to fuel costs. The Supreme Court upheld the FCC's enforcement of telecom data privacy rules.
- US supreme court backs FCC in clash with wireless carriers over fines
The US Supreme Court upheld the Federal Communications Commission's authority to impose in-house penalties on wireless carriers, rejecting AT&T and Verizon's claims that this deprived them of a jury trial. The 8-1 ruling supported the Trump administration's defense of the FCC's forfeiture orders system.
- US supreme court backs FCC in clash with wireless carriers over fines
The US Supreme Court upheld the Federal Communications Commission's authority to impose in-house penalties on wireless carriers, rejecting AT&T and Verizon's claims that this process violates their constitutional right to a jury trial. The 8-1 ruling supported the Trump administration's defense of the FCC's forfeiture orders system.
- Supreme Court sides with Trump administration on federal regulation of telecom companies
The Supreme Court ruled 8-1 in favor of the Trump administration, upholding the Federal Communications Commission's enforcement of data privacy penalties against Verizon and AT&T. The decision allowed companies to delay paying fines, while the dissent argued for stricter limits on agency power. The ruling could influence regulatory practices across federal agencies.
- Supreme Court Backs F.C.C. Power to Levy Fines Against Cellphone Carriers
The Supreme Court upheld the Federal Communications Commission's authority to fine cellphone carriers. Verizon and AT&T were penalized millions of dollars for failing to protect customer data, according to the F.C.C.