The Latest Breaking News from Dan Schulman

‘We must reorient our entire company around delivering for and delighting our customers,’ Schulman wrote

Around 15% of Verizon Communications will be out of jobs before Christmas on news of an impending workforce reduction.

Verizon Communications Inc. (NYSE: VZ) shares edged higher Wednesday after the telecom giant reported stronger-than-expected third-quarter earnings and subscriber growth, even as revenue fell short of Wall Street expectations.

Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has entered into a new commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to accelerate Verizon's broadband and mobility convergence strategy and strengthen its position in premium connectivity services.

Verizon’s 6.5% yield looks attractive after appointing ex-PayPal CEO Dan Schulman, who brings tech and telecom experience, despite an initial 5% stock dip.

Former PayPal CEO Dan Schulman was announced as Verizon’s new chief executive on Oct. 6, 2025.

Also: All the news and watercooler chat from Fortune.

Verizon Communications Inc. (NYSE:VZ) shares are trading lower on Monday following news of the chief executive officer transition.

The Commerce Department reported yesterday that the economy’s annual growth rate was 4.9% in the third quarter, the fastest pace in almost two years, and more than double the second quarter.