Verizon users across the country reported service outages Monday morning after the network experienced “an issue,” a company spokesperson told The Post. Downdetector.com – which provides real-time updates on Internet and phone services – experienced a spike in reports of Verizon outages around 10 a.m. There were more than 100,000 reported incidents at 11 a.m. … Read more
An accounting system used by Post Office sub-postmasters before the controversial Horizon software was introduced is likely to have also been faulty, an investigation has found. A report said “there was a reasonable likelihood” that the IT system, called Capture, could have created cash shortfalls in accounts. Capture was used in branches from 1992 to … Read more
DirecTV agreed to buy satellite rival Dish network Monday, ending decades of on-and-off talks in a deal that will create one of the country’s largest pay TV distributors with a combined 20 million subscribers. Dish, owned by EchoStar, has been weighed down with billions of dollars of debt and faced the prospect of a looming … Read more
Netflix account cancellations soared in the days after co-founder and chairman Reed Hastings endorsed Vice President Kamala Harris and donated millions to her presidential campaign, according to a report. Though the streaming platform usually has the lowest churn — or rate of cancellations — in the industry, its rate nearly tripled in the US after … Read more
Libya’s eastern parliament has agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor after the former governor, Sadiq al-Kabir, was fired last month by the presidential council in the capital, Tripoli CAIRO — Libya’s eastern parliament on Monday agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor … Read more
PETALUMA, Calif. — In a stretch of Northern California known for scenic shorelines and celebrated vineyards, hundreds of brown-bodied hens waddle around a large barn at Weber Family Farms. “You provide them a stress-free environment with water, with food, with fresh air at all times, make them free of illness — and they’re going to … Read more
Kay Masterson has always wanted to make her Boston-area restaurant more sustainable, partnering with an organic farm to get some vegetables close by and offering reusable containers for customers’ takeout. When Massachusetts was weighing whether to block restaurants from dumping food waste into landfills, her restaurant started composting without waiting on a law. Right away, … Read more
NEW YORK — The COVID-19 pandemic and the resetting of the economy that followed it made hourly workers more aware of their value. Some experts think employers should expect to field demands for flexible hours and other workplace incentives even as the labor market weakens. WorkJam, an online platform that was founded in 2014, has … Read more
Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch) Steve Jennings A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. News that Laurene Powell … Read more
Getty Images Luxury carmaker Aston Martin’s share price sank more than 20% after it said profits will be lower than expected this year. The company, famed for its links to fictional superspy James Bond, has been hit by supply chain issues and falling sales in China. The share price of Stellantis, the owner of brands … Read more