09:09 AM EST, 11/20/2025 (MT Newswires) -- Verizon Communications ( VZ ) is reducing its workforce by over 13,000 jobs, multiple media outlets reported on Thursday. The telecommunications company plans to convert 179 corporate-owned retail stores into franchised operations, the reports said. In addition to the job cuts, chief executive officer Dan Schulman said the company would reduce outsourced and...

HATFIELD, Pa.--(BUSINESS WIRE)-- Laboratory Testing LLC (LTI), a leading provider of materials testing and calibration services for mission-critical industries, today announced that it has acquired Assured Testing Services, a trusted source for corrosion exposure, mechanical, and materials testing based in Ridgway, Penn. The acquisition creates new opportunities to enhance testing capabilities and expand services worldwide. This press release features multimedia....

09:11 AM EST, 11/20/2025 (MT Newswires) -- Walmart ( WMT ) raised its full-year outlook on Thursday, while the retail giant's fiscal third-quarter results topped Wall Street's estimates. The company now anticipates adjusted earnings to come in between $2.58 and $2.63 a share for fiscal 2026, including a foreign-exchange headwind of $0.01 to $0.02. It previously projected adjusted EPS of...

09:10 AM EST, 11/20/2025 (MT Newswires) -- GlobalFoundries ( GFS ) and Navitas Semiconductor ( NVTS ) said Thursday they have entered a long-term collaboration to expand US development and production of gallium nitride, or GaN, technology for high-power applications. Financial terms were not provided. The companies said the collaboration will focus on advancing GaN design and manufacturing for uses...