Verizon's 3Q23 earnings results showed a 2.6% decrease in revenues, but wireless service revenue grew 2.9% year-over-year. Consumer postpaid phone net adds improved. Verizon's free cash flow increased ...

Kraft and Heinz combined in 2015, bringing together two of the world's largest consumer staples companies. The original plan was to cull out unnecessary costs -- a good idea but perhaps not a great ...

Richard Koo literally wrote the book on balance sheet recessions, or the idea that large levels of debt can weigh on future growth for years and even decades to come. Now, the Nomura Research ...

China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the challenge, according to the economist who coined the phrase to explain Japan’s descent ...

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Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...

US banks are sitting on an estimated $650 billion in unrealized losses on their bond holdings. The surge in interest rates over the past 18 months drove bond prices lower, leading to bank failures ...