April 20, 2017 / 10:26 PM / 8 months ago

Business Watch: A first for Verizon

 

Subscribers' exodus

Verizon reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan in an attempt to fend off smaller rivals like T-Mobile and Sprint.

On the other hand, shares of Visa jumped after the world's largest payments network operator says it expects full-year profit at the high-end of its forecast.

For more earnings news, click here.

Tesla hits the brakes

The luxury electric car maker announced it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue.

Bubble-spotting is hard, and rare

The market probably isn’t in a bubble and your consideration of the matter sets you on a path to do more harm then good, writes Reuters columnist James Saft.

Today's graphic:

Infographic ID: '2pH1CDE'
 
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  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below