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Is Passive Investing Sabotaging Fund Managers?
The Wall Street Journal26d agoneutral
Is Passive Investing Sabotaging Fund Managers?

Mutual-fund managers can’t catch a break, and maybe they never will. Hedge-fund manager David Einhorn  caused a stir two years ago when he called markets “fundamentally broken.” Money regularly comes out of paychecks and pours into index funds tracking the S&P 500, buying stocks with no regard to value—only their weighting.

Verizon shifts gears as customers continue to leave
TheStreet28d agoneutral
Verizon shifts gears as customers continue to leave

Verizon has struggled to slow customer losses in its wireless business in recent years, and under new leadership, it is making major workforce changes. Dan Schulman, who became CEO of Verizon in October last year, has accelerated efforts to transform the company after it lost about 2.25 million ...

Here’s the Funding It Takes to Keep Learning Forever
24/7 Wall St.28d agoneutral
Here’s the Funding It Takes to Keep Learning Forever

A single executive certificate at a top business school can run well into five figures. A week at a professional conference with airfare and hotel can easily clear several thousand dollars. But lifelong learning does not have to mean elite programs and corporate travel. It can also mean finishing a college degree, taking community college ... Here’s the Funding It Takes to Keep Learning Forever

Verizon (VZ) Joins AT&T And T Mobile To Launch New Mobile Fraud Defense
Simply Wall St.28d agoneutral
Verizon (VZ) Joins AT&T And T Mobile To Launch New Mobile Fraud Defense

Verizon Communications (NYSE:VZ), along with AT&T and T-Mobile, has partnered with Aduna on a new cross carrier digital security solution. The offering targets AI driven identity theft across the U.S. mobile ecosystem and moves authentication beyond traditional SMS one time passcodes. The initiative responds to rising fraud losses affecting U.S. consumers, enterprises, and mobile operators. For investors tracking Verizon Communications, the move sits squarely in the core of its wireless and...

US stocks sink this week, semiconductors walloped amid sell-off
Yahoo Finance Video29d agobearishVIDEO
US stocks sink this week, semiconductors walloped amid sell-off

US equities (^DJI, ^IXIC, ^GSPC) closed Friday's session in negative territory — led by the Nasdaq Composite's 1.4% drop — all three of the market indexes seeing weekly losses amid the recent sell-off in semiconductor stocks. Yahoo Finance Markets and Data Editor Jared Blikre examines the day's market moves, taking a closer look at the losses in semiconductor stocks and the gains seen across the software landscape.

Live In Manhattan Without Roommates. Here’s the Portfolio That Makes It Happen.
24/7 Wall St.29d agoneutral
Live In Manhattan Without Roommates. Here’s the Portfolio That Makes It Happen.

For many New Yorkers, roommates are not a college phase. They are the price of admission. Even professionals with solid incomes often share apartments because splitting the rent is one of the few ways to make Manhattan financially workable. Living alone has become a luxury purchase rather than a milestone. SmartAsset’s latest tally pegs the ... Live In Manhattan Without Roommates. Here’s the Portfolio That Makes It Happen.

Verizon to Lay Off 3,000 Workers as Part of Broader Restructuring
Barrons.com30d agobearish
Verizon to Lay Off 3,000 Workers as Part of Broader Restructuring

Verizon Communications is cutting around 3,000 more jobs, reducing the number of company-owned retail stores, and realigning its structure as the nation’s largest wireless carrier continues to cut costs under new CEO Daniel Schulman. Verizon will lay off 2,500 retail workers and 500 corporate employees, and will sell 274 of its corporate-owned stores to bring the overall number down to about 1,000, the company told Barron’s Thursday. Barron’s reported earlier this week that Verizon would announce layoffs on Thursday.

Verizon to shed 274 stores, lay off another 500 corporate employees
Reuters30d agobearish
Verizon to shed 274 stores, lay off another 500 corporate employees

U.S. wireless carrier Verizon ‌said it ‌will sell 274 company-owned ​retail locations and cut about 500 corporate jobs as ‌part of ⁠its ongoing restructuring. In total, the ⁠moves will impact about 3,000 ​retail and ​corporate ​employees. Verizon ‌will own 1,000 stores after the sale effective Aug. 16.