Verizon results beat as promotions keep churn in check

Verizon Communications Inc reported better-than-expected quarterly revenue as heavy promotions helped it to check customer defections and subscriptions rose for the carrier’s high-speed Internet service. The No. 1 U.S. wireless service provider’s shares rose 1.1 percent to $44.90 in premarket trading on Thursday. Wireless retail … Continue reading Verizon results beat as promotions keep churn in check

GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

GM expects further local demand for cars despite the country’s economic slowdown. SHANGHAI— General Motors Co. on Thursday opened a $1.2 billion plant in Shanghai to build premium-brand Cadillac cars targeting a luxury market that has been pressured by China’s economic slowdown. The facility, operated … Continue reading GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

Recall: Bring out yer dead and over-heating Microsoft Surface Pro power cords

People, please ‘do not wind, twist or pinch your cords. Here’s a free replacement’ Microsoft is initiating a global voluntary recall of Surface Pro power cords amid concerns of over-heating. According to sources in Microsoft’s Authorized Device Reseller (ADR) channel, Pro machines built before 15 July … Continue reading Recall: Bring out yer dead and over-heating Microsoft Surface Pro power cords