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☆ A boomer couple left coastal Florida after 3 decades for rural Missouri because the Sunshine State 'is definitely not paradise anymore'
▼ + stars: | 2024-03-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

But after decades by the water in Florida, Meaders said Florida "is definitely not paradise anymore." Meaders wanted to be closer to her son and grandson, and the couple wanted a small-town feel. AdvertisementMany older Americans continue to flock to Florida, though some have recently told Business Insider they've had enough of the Sunshine State. Meaders and Dunne met in Brevard County after Dunne moved back. They've found the hospitality of everyone in their community much improved, noting that many people in her small Missouri city recently moved from California.

Persons: Sherry Meaders, James Michael Dunne, Meaders, they've, millennials, Missouri Meaders, Dunne, Rockledge, We're, it's, she's, They've, We've Organizations: Service, Business, Sunshine State, Bureau, Survey, Coast Guard, Bell System, Daytona, Kansas City Locations: Florida, Missouri, Virginia, Georgia, Texas, Kansas City, Rockledge, Brevard County, Cocoa Beach, Cape Canaveral, Chicago, Pacific, Alaska, Fort Lauderdale, Orlando, Volusia County, Daytona Beach, Africa, Miami, America, Kansas, In Florida, California

☆ Congressman Pat Ryan tells Verizon, AT&T to 'clean up their mess' following toxic lead cable report
▼ + stars: | 2023-07-20 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

One such cable hangs bordering a playground in Wappingers Falls, New York, and lead in nearby soil measured more than 1,000 parts per million, the Journal reported. AT&T shares earlier this week hit a three-decade low following a flurry of downgrades from analysts on concerns that the potential of toxic lead cables could create long-term headwinds for the companies in question. Shares of Verizon, also mentioned in the Journal’s investigation, fell to their lowest closing level since 2010 on Monday. Shares of telecom companies pared back their losses Wednesday, buoyed by a broader market rally fueled by strong second-quarter earnings reports. Raymond James analysts wrote in a note Wednesday that they estimate AT&T could spend between $264 million and $1.2 billion to remove lead-covered cables.

Persons: Pat Ryan, ” Ryan, USTelecom, Raymond James Organizations: New, New York CNN — New, New York CNN — New York Democratic, Verizon, AT, Wall Street Journal, CNN, Bell, Environmental, Agency, Wall, & $ Locations: New York, New York CNN — New York, United States, Wappingers Falls , New York

☆ AT&T, Verizon stocks pare back losses after hitting decades lows on toxic lead cable investigation
▼ + stars: | 2023-07-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

That prompted a flurry of downgrades from analysts that in turn helped spur a steep sell-off in telecom stocks. Since the investigation’s publication, AT&T shares have tumbled roughly 14%, Verizon fell 10% and Frontier Communications slid 33%. AT&T shares on Tuesday fell to $13.45, its lowest closing price since 1993. Verizon shares fell 7.5% to $31.46 on Monday to their lowest closing level since 2010 before paring back their losses slightly on Tuesday. Lawmakers have demanded action to further investigate the network of toxic lead cables in the wake of the release.

Persons: JPMorgan Chase, Edward Jones, David Heger, paring, Akin, ” Neil Mack, Democratic Sen, Edward Markey, Jonathan Spalter, ” Markey, USTelecom Organizations: CNN —, Verizon, AT, Bell, Frontier Communications, JPMorgan, CNN, Moody’s Investors Service, Lawmakers, Democratic Locations: United States, U.S

☆ 411 is going out of service for millions of Americans
▼ + stars: | 2023-01-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

Starting in January, AT&T customers with digital landlines won’t be able to dial 411 or 0 to reach an operator or get directory assistance. The human telephone operator, a job that came to be dominated by White women during the nineteenth and early twentieth centuries. In 2021, there were fewer than 4,000 telephone operators, down from a peak of around 420,000 in the 1970s, according to Bureau of Labor Statistics data. “0” became universal for operator assistance and “411” was the number for directory assistance. By 2004, at the dawn of the smartphone age, 56,000 people were employed as telephone operators.

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