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Verizon names former PayPal CEO Dan Schulman as CEO
Reuters· 2025-10-06 12:34
Verizon said on Monday former PayPal CEO Dan Schulman will take over as CEO of the telecom operator effective immediately. ...
Verizon Announces CEO Transition
Globenewswire· 2025-10-06 12:30
Board of Directors Appoints Independent Lead Director and Former CEO of PayPal, Dan Schulman, as Chief Executive Officer Hans Vestberg to Serve as Special Advisor Through October 4, 2026 and Member of the Board of Directors until the 2026 Annual Meeting Mark Bertolini Appointed Chairman of the Board of Directors Company Reiterates Full-Year 2025 Financial Guidance NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that its Board of Directors has appoin ...
Fiserv, PayPal ex-CEOs grab new roles
Yahoo Finance· 2025-10-06 09:26
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Former Fiserv Chief Executive Frank Bisignano, who left the payments processor earlier this year after President Donald Trump tapped him to lead the Social Security Administration, has been appointed as CEO of the Internal Revenue Service as well. Treasury Secretary Scott Bessent, who is acting commissioner for the IRS, announced Bisignano’s appoin ...
Telefonica plans to lay off 6,000 workers this year, Expansion reports
Reuters· 2025-10-06 06:40
Spanish telecoms group Telefonica plans to lay off at least 6,000 employees across several units before the end of the year, newspaper Expansion reported on Monday, citing people familiar with the pla... ...
Ford CEO's Son opts For Mechanic Career Over College, Asks 'I Don’t Know Why I Need To Go To College' - FedEx (NYSE:FDX)
Benzinga· 2025-10-05 14:00
Ford Motor Company’s CEO, Jim Farley, shared that his son has chosen to become a mechanic instead of attending college. This decision has ignited a wider conversation on the significance of blue-collar jobs in what Farley terms “the essential economy.”Farley led a panel discussion with experts, including the CEOs of AT&T Inc. and FedEx Corporation on the current state of the blue-collar economy. During this discussion, Farley brought up his son’s choice to be a mechanic, thereby questioning the need for a c ...
Telecom Italia S.p.A. (TIAIY) Shareholder/Analyst Call Transcript
Seeking Alpha· 2025-10-03 23:12
PresentationPaolo LesboHead of Investor Relations Good afternoon, everybody, and welcome to this exclusive TIM Enterprise event. I am Paolo Lesbo, Head of Investor Relations, and I am pleased to introduce this event together with our CEO, Pietro Labriola; the Head of TIM Enterprise, Elio Schiavo; and the rest of the management team. Starting from the agenda on Page 2. Here is what we have planned for you today. Pietro will kick off in Chapter 1, framing out this event and explaining what are the objectives ...
These 3 Stocks Pay More Than 6%. Are Their Dividend Yields Too Good to Be True?
The Motley Fool· 2025-10-03 08:20
Dividend stocks can be great income-producing investments, but chasing high yields can sometimes leave you exposed to considerable risk.Did you know that if you have a reliable income stock that yields 6%, you would only need to invest about $16,700 in it to collect $1,000 in dividends over the course of a full year? The average stock on the S&P 500, meanwhile, yields just 1.2%, and it would take an investment of more than $83,000 to generate that same level of dividend income.That's a big part of why high- ...
Australia fines Telstra $12 million for misleading customers on internet speed
Reuters· 2025-10-03 01:49
Core Viewpoint - Telstra, Australia's leading telecommunications company, has been fined A$18 million (approximately $11.87 million) by the Federal Court for reducing internet speed plans for around 9,000 customers without prior notification [1] Group 1 - The fine imposed on Telstra amounts to A$18 million, which highlights regulatory scrutiny in the telecommunications sector [1] - The incident involved approximately 9,000 customers who experienced a reduction in their internet speed plans without being informed [1]
ASX Market Open: Labour Day long weekend to be welcomed in with Friday profit-taking | Oct 3
The Market Online· 2025-10-02 22:40
Join our daily newsletter At The Bell to receive exclusive market insightsAustralian shares are heading towards a -0.21% drop when the bell rings Friday, with it no real shock ASX 200 futures are tipping a decline considering how bullish the whole bourse got through to close yesterday.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.A heady +1.1% gain to 4pm on Thursday took us within touching distance of ...
Turkcell Iletisim Hizmetleri A.S. (TKC) Sees Reduced Holding From Rhumbline Advisers
Yahoo Finance· 2025-10-02 13:40
Core Insights - Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a dividend stock that is benefiting from advancements in AI technology [1] - The company has focused over 80% of its capital expenditures on mobile and fixed networks to enhance its communication service capabilities [2] - Turkcell has a long-standing market presence, maintaining innovative offerings and disciplined expense management for the past 30 years [3] Company Overview - Turkcell Iletisim Hizmetleri A.S. is a Turkish provider of converged telecommunication and technology services, established in 1993 [4] - The company's core offerings include tower and satellite services, fixed data services, international roaming services, and voice services [4] Investment Activity - Rhumbline Advisers reduced its stake in Turkcell by 12.9%, selling 21,761 shares, and now holds 146,534 shares valued at approximately $911,000 [1]