Verizon to end unlimited data for upgraders

Verizon Wireless is planning this summer to begin forcing smartphone customers with unlimited data plans to switch to tiered plans when they upgrade, the company’s chief financial officer told Wall Street analysts on Wednesday.

Greece worries weigh on U.S. stocks

Following a positive start, U.S. stocks closed in the red for a fourth straight session Wednesday, as investors weighed strong U.S. economic data against ongoing uncertainty about Greece’s political situation.

FBI opens JPMorgan investigation

The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation’s largest bank.

J.C. Penney stock plunges on dismal earnings

Investors dumped J.C. Penney stock on Wednesday after a dismal earnings report, following the first full quarter with a former Apple executive at the helm.

Federal Reserve concerned about fiscal cliff

The Federal Reserve is worried about indecision in Congress.

Outgoing World Bank chief: Fix eurozone

Outgoing World Bank President Robert Zoellick said Wednesday he’s concerned about the “ripple effects” on the rest of the eurozone if Greece leaves.

Should you buy Facebook?

Facebook’s IPO is causing a frenzy among investors eager to get a piece of the social networking website.

Fiscal cliff: What you need to know

On Tuesday, House Speaker John Boehner all but promised an ugly fight over the debt ceiling this year unless GOP demands for spending cuts are met.

European leaders scramble to contain Greek debt crisis

Leaders across Europe rushed to reassure nervous investors that they were working to keep Greece in the eurozone — trying to head-off damage an exit would inflict on other troubled European countries.

Half of U.S. cell phones are now smartphones

Smartphones are now more common than “dumb” phones.