Verizon Communications

U.S. Stocks Keep Rising as S&P 500 Nears Record High

Encouraging news from the job market pushed the stock market up early Thursday, putting the Standard & Poor's 500 index near its all-time high. The S&P 500 rose seven points to 1,561 -- just four points away from the high it hit in October 2007 -- before retreating marginally after 10 a.m.

Verizon Pays TiVo $250.4 Million to Settle Patent Lawsuit

Verizon will pay Tivo at least $250.4 million to settle a patent lawsuit related to its DVR technology. The companies agreed to dismiss all pending litigation, and have inked a licensing deal. The news sent shares of the digital video recording pioneer up more than 7% Monday morning.

Verizon to Ditch Most Phone Plans for Multi-Device Deals

In the biggest revamp in wireless pricing in years, Verizon Wireless is dropping nearly all of its phone plans in favor of pricing schemes that encourage consumers to connect their non-phone devices, like tablets and PCs, to its network.

Verizon Fined $25 Million by FCC for Data Download Overcharges

Verizon was today fined a record $25 million by the Federal Communications Commission and agreed to refund an additional $52.8 million to customers to settle allegations that the largest U.S. mobile-phone company overcharged customers for data fees.

Verizon CFO John Killian to Retire at End of This Year

Verizon Communications (VZ) said that CFO John F. Killian will retire near the end of this year. No successor was named. Killian, 55, has been at the company for 31 years. He is retiring to spend more time with his family, the company said in a statement.