Latest Headlines

Latest Headlines

Verizon issues apology for strike, while workers say walkout helped negotiation process

Now that Verizon's (NYSE: VZ) 45,000 union workers have returned to work after a two week strike over healthcare and pension benefits, the service provider issued an apology to its customers.

Verizon employees return to work without new contract

About 45,000 wireline employees at Verizon (NYSE: VZ) will begin returning to work Monday night, two weeks after initiating a strike that has seen the telco struggle to maintain its FiOS TV, Internet

Verizon's wireline union workers to return to work, but contract negotiations will continue

Verizon's (NYSE: VZ) 45,000 wireline union workers plan to return work on Monday night, Aug. 22--but discussions on a new labor contract will continue. The return of Verizon union workers to their

No compromise in sight between Verizon, union workers

Things don't look so great to either Verizon (NYSE: VZ) or the unionized workers of its wireline division, who walked off the job on Aug. 6 after negotiations failed to be resolved prior to

Strike reportedly impacting Verizon customer service

Day 13 of the union strike against Verizon Communications (NYSE: VZ) brings the news that customers are starting to complain about customer service being negatively affected by the labor action. With

Verizon plans to suspend strikers' health insurance

Amid a strike that has much to do with healthcare contributions, this move may come as no surprise: Verizon Communications (NYSE: VZ) has warned it 45,000 striking union workers that the company will

Judge: Striking Verizon workers can't spread nails, glass

Verizon (NYSE: VZ) has obtained injunctions from courts in New Jersey and Pennsylvania that could limit the activities of employees on picket lines, including an order that picketers not throw

Verizon network sabotage claims hit 143 as strike continues

Verizon (NYSE: VZ) told The New York Times yesterday that the number of network damage incidents suspected to have been caused in the last week or so by sabotage--allegedly by striking union

Strike-inspired Verizon network sabotage continues; CWA rally today

Verizon Communications (NYSE: VZ) put out a statement late last week insisting that its landline operations are "performing solidly' amid an ongoing strike by 45,000 union workers, though the company

Verizon CFO Shammo: Expanding wireline's profit remains a challenge

Verizon (NYSE: VZ) may have built a profitable wireless business, but ongoing declines in its traditional copper-based voice service continues to eat into its wireline segment's bottom line. To fight