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.
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.
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.
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.
The Federal Reserve is worried about indecision in Congress.
Outgoing World Bank President Robert Zoellick said Wednesday he’s concerned about the “ripple effects” on the rest of the eurozone if Greece leaves.
Facebook’s IPO is causing a frenzy among investors eager to get a piece of the social networking website.
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.
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.
Smartphones are now more common than “dumb” phones.
