Verizon Posts Higher Core Earnings Amid Growth in Postpaid Users
Verizon Communications Inc reports second quarter net income of 3.94 billion dollars. Adjusted earnings per share beat at 1.23, as postpaid wireless customers rise by 245,000 and Fios and prepaid metrics shift, with 5G rollout plans across 9 cities this year. HanesBrands posts 0.42 per share profit, beating estimates, with 1.76 billion revenue. IndyCar to add hybrid powertrains in 2022, boosting horsepower beyond 900 and delaying new engine debut to align with next chassis.
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New York
Verizon
Fios
Wall Street
Zacks Investment Research
Winston-Salem
Hanes- Brands Inc
HBI
Zacks
HanesBrands
Indianapolis
IndyCar
Honda
Chevrolet
Trump threatens 10% tariffs on Chinese imports
President Trump announced a new 10 percent tariff on the remaining 300 billion dollars of Chinese goods starting September 1, aiming to press Beijing in trade talks. Markets fell as talks in Shanghai ended without a deal, while observers warn higher consumer prices and broader economic impact.
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Washington
Donald Trump
China
Beijing
U.S
Trump
White House
Shanghai
Xi Jinping
Osaka
Japan
Target
Wal- Mart
Joseph Brusuelas
RSM
United States
Seattle hacker Paige Thompson accused of Capital One breach
The 33 year old former Amazon software engineer known as erratic faced federal charges for allegedly accessing data from Capital One credit applications. Prosecutors say she discussed the attack online weeks before arrest, while relationships with Seattle’s hacker community were strained amid personal turmoil and alleged threats.
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Seattle
Amazon
Capital One
Paige Thompson
Thompson
FBI
Mohammad Hamoudi
Amazon Web Services
California
Paige A. Thompson
Associated Press
Ted S. Warren
Markets reel as Trump tariffs hit global stocks
Turbulence in markets after President Trump announces a 10 percent tariff on $300 billion of Chinese goods starting Sept 1, following the Fed’s first rate cut in a decade. Bond yields fall, stocks swing, and the yen climbs while crude sinks. Key indices show broad declines amid escalating trade tensions and looming U.S. job data.
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U.s.china
Donald Trump
Federal Reserve
Trump
America
Treasury
Fed
Bank of America
Caterpillar Inc
Nike Inc
Apple Inc
Apple
iPhone
Megillah
Arthur Hogan
National Securities Corp
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Hanes Brands
Wendy Cutler
Asia Society Policy Institute
Jerome Powell
Sarah Bloom Raskin
Liu He
Robert Lighthizer
Steven Mnuchin
Xijiao Conference Center
NG Han Guan
Aife Dunne
New York Time
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