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Verizon worker buyouts, impairment charge to cost more than $6 billion

A day after announcing that 10,400 management employees have accepted its buyout offer, Verizon said it expects to record a noncash goodwill impairment charge of approximately $4.6 billion.

Lisa Santo: Volatility seems to be market’s only stable element

The market likes nothing more than stability. So where are we at this juncture, where are we going and what is causing all the turmoil?

Xerox shares plunge

Outlook misses analysts' expectations.

Economist scans forest, sees trees

KeyBank’s McCain oversees a fund in the billions