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AT&T cellular outage in United States disrupts vital services
  + stars: | 2024-02-22 | by ( ) www.cnbc.com   time to read: +1 min
A cellular outage early on Thursday hit thousands of AT&T users in the United States, disrupting calls and text messages as well as emergency services in major cities including San Francisco. "Some of our customers are experiencing wireless service interruptions this morning," AT&T said in a statement to CNBC. The AT&T outage has impacted people's ability to reach emergency services by dialing 911, a post on social media platform X from the San Francisco Fire Department said. "We are aware of an issue impacting AT&T wireless customers from making and receiving any phone calls (including to 911)," the fire department said on the platform. He did not provide information on what the issue could be with the other carrier and did not name the other carrier.
Persons: UScellular, – CNBC's Steven Kopack Organizations: CNBC, San Francisco Fire Department, Verizon, Mobile Locations: United States, San Francisco
Dividend stocks came under the spotlight after Meta unexpectedly announced a dividend for the first time. BofA has also been bullish on dividend stocks lately, saying investors may flock back to such stocks for income if yields fall this year, in turn driving up this segment of stocks. Wall Street and other pros share their tips on how to pick good dividend stocks and what names will generate sustainable income. In fact, using that strategy mitigates the risk of relying only on dividend income if higher rates affect dividend distributions, according to Stutland. "This combination provides a buffer against future interest rate hikes and offers the possibility of capital appreciation alongside dividend income."
Persons: Meta, BofA, Brian Stutland, Stutland, Goldman, Stocks, It's, — CNBC's Michael Bloom Organizations: CNBC Pro, Morningstar, Walmart, Target, Depot, Verizon, Treasury
1 on the Billboard country airplay chart this week, making her the first Black female artist to hold the top spot. 9 on the Billboard country chart. “Texas Hold ’Em” has already drawn more than 19 million streams, and “16 Carriages” has 10.3 million streams. But the sudden success of Beyoncé’s country singles comes at a time when Black women have started to receive acclaim within that realm. Beyoncé is the first woman to top both the Hot Country Songs chart and the Hot R&B/Hip-Hop Songs chart since they were established in 1958, according to Billboard.
Persons: , Tracy Chapman, Luke Combs, Mickey Guyton, Brittney Spencer, Beyoncé Organizations: Billboard, , Verizon Locations: Texas
CNN —Beyoncé’s new song “Texas Hold ‘Em” debuted in the top spot of Billboard’s Hot Country Songs chart on Tuesday, the publication announced. Beyoncé’s other new country song “16 Carriages” ranks No. She is also the first woman to have topped both the Hot Country and Hot R&B/Hip-Hop Songs charts since the lists began in 1958. Morgan Wallen, Justin Bieber, Billy Ray Cyrus and Ray Charles are the only other artists to have reached No. Both “16 Carriages” and “Texas Hold ‘Em” were released on Feb. 11 after Beyoncé teased the release of new music in a surprise Super Bowl ad for Verizon, accompanied with eye-popping visualizer videos on YouTube.
Persons: CNN —, , Beyoncé, Taylor Swift, Morgan Wallen, Justin Bieber, Billy Ray Cyrus, Ray Charles, Veep, Tony Hale, Queen Bey Organizations: CNN, Billboard, Verizon, YouTube Locations: Texas
A new stock pick from the 93-year-old Buffett almost always leads some investors to follow suit, quickly moving the share price. Berkshire has been a longtime shareholder in credit rating agency Moody's , and bought a big stake in Citigroup in early 2022. The last financial stock Berkshire bought was Capital One Financial in the first quarter of 2023. If the new stake ever exceeds 5% of whatever stock it is, Berkshire would be required to report its holding with the SEC. Buffett might be asked to reveal the identity of the mystery stock at Berkshire's annual shareholder meeting in early May.
Persons: Warren Buffett, Berkshire Hathaway, Buffett, Todd Combs, Ted Weschler, Berkshire's, Goldman Sachs, David Kass, University of Maryland's Robert H, Jamie Dimon, Kass, there's Organizations: Berkshire, The Securities, Exchange, Chevron, Verizon, Apple, Buffett, Bank of America, American Express, Citigroup, Mastercard, Visa, JPMorgan, U.S . Bancorp, Bank of New York Mellon, University of Maryland's, Smith School of Business, outperforming Bank, SEC Locations: Omaha, Berkshire, McLean, Va, Wells, outperforming
Warren Buffett's Berkshire Hathaway asked regulators to keep its new stock purchase secret for a second quarter in a row, while the conglomerate trimmed its massive Apple stake slightly in the fourth quarter, according to a new regulatory filing. Berkshire requested that the Securities and Exchange Commission keep the details of one or more of its stock holdings confidential. Many speculated that the secret purchase could be a bank stock as the 10Q filing for the third quarter suggested that Berkshire had purchased "banks, insurance, and finance" stocks for $1.2 billion. Apple, Chevron The Omaha-based conglomerate sold about 10 million Apple shares last quarter, the filing showed. HP, Paramount Berkshire significantly reduced its stake in Paramount , holding about 63.3 million shares at the end of December, or 32% fewer shares than the number in the previous quarter.
Persons: Warren, Berkshire Hathaway, Buffett's, Buffett, homebuilder D.R.Horton, Ted Weschler, Todd Combs Organizations: Berkshire, Securities and Exchange Commission, Chevron, Verizon, Apple, HP, Paramount, Paramount Global, Liberty, Occidental Petroleum Locations: Berkshire, Chevron The Omaha, Paramount Berkshire, New York, Houston
AdvertisementThere are some people who really, really like Super Bowl ads. I’ve heard for years about the idea that wireless carriers would eventually take on the big broadband companies by selling “fixed wireless” broadband — broadband you can get via 5G airwaves using a box you put in your window instead of relying on cables buried in the ground. If I were, I would know that competition from fixed wireless has been keeping the broadband guys up at night for some time. The broadband guys are happy to tell you why they think their internet is better than the wireless internet the telco guys are selling. But for the moment, we know the cable guys — that is, the broadband guys — are no longer taking the fixed wireless guys for granted.
Persons: , hadn’t, I’ve, Starry, Craig Moffett, MoffettNathanson, that’s, they’ve, Moffett Organizations: Service, Mobile, Super Bowl, Biden White House, Verizon, Comcast Locations: Boston
Dan Loeb's Third Point dumped its stake in Alphabet after owning the YouTube parent for less than a year, according to the latest regulatory filing. The hedge fund manager also trimmed Big Tech bets on Amazon and Microsoft . The New York-based hedge fund exited its Alphabet stake, worth about $120 million, entirely in the fourth quarter. Third Point slashed its Amazon holding last quarter by 10%, owning 4.2 million shares at the end of December worth some $638 million. The hedge fund also cut its Microsoft stake by about 9%, down to a $758 million bet at the end of 2023 — the fund's second biggest position.
Persons: Dan Loeb's, Loeb Organizations: YouTube, Tech, Microsoft, Google, Verizon Communications, Fleetcor Technologies, Apollo Global Management, EQT Corp, Biomarin Pharmaceutical Locations: New York
The second act of her recent album "Renaissance" will arrive on March 29. Shortly after, Beyoncé's website was updated to announce "Act II" of her latest album "Renaissance" will arrive on March 29. Both songs recall "Daddy Lessons," the sixth track on Beyoncé's album "Lemonade." AdvertisementFans had already speculated that Beyoncé was teasing more country music when she wore a cowboy hat and a leather bolo tie to the 2024 Grammy Awards. Last April, Variety reported that country music was seeing a "historic streaming spike," largely fueled by Wallen's blockbuster album "One Thing at a Time."
Persons: Beyoncé, , Chuck Berry, Morgan Wallen, Noah Kahan, Zach Bryan, Kacey Musgraves, Luke Combs, Tracy Chapman's, Wallen Organizations: Service, Verizon, Radio, Variety, The Locations: Radio Texas, Houston , Texas, Texas
For investors, that suggests opportunity in certain dividend stocks, Kostin wrote. Since late 2022, Goldman Sachs' Dividend Yield and Growth basket (GSTHDIVG), a 50-stock, equal-weighted basket of stocks with high trailing dividend yield and high anticipated dividend growth, has outperformed the equal-weighted S & P 500 by 3 percentage points. As of October, here are some of the stocks in the firm's dividend yield and growth basket. Verizon Communications Communication services stock Verizon Communications is a constituent in the dividend growth basket. Other stocks in Goldman's dividend growth basket include Best Buy , Conagra Brands and Devon Energy .
Persons: Goldman Sachs, David J, Meta, Kostin, That's, Greenlight Capital's David Einhorn, Morgan Stanley, Simon Flannery, — CNBC's Michael Bloom Organizations: Facebook, Bank of America, Federal Reserve, Verizon Communications Communication, Verizon Communications, Verizon, Conagra Brands, Devon Energy Locations: Viatris
It was Dolce & Gabbana. Beyoncé pictured wearing a Dolce & Gabbana mini dress at Wynn Las Vegas before ahead of Sunday's Super Bowl. Comprising an organza cape and catsuit covered in — you guessed it — Swarovski crystals, her stunning red ensemble was one of the evening’s best looks. But then it was back to Usher, who appeared at Keys’ piano in a crystal-embroidered custom D&G vest. “Jermaine Dupri was actually the first person who introduced me to Dolce & Gabbana,” Usher told Vogue magazine in a behind-the-scenes video of his final wardrobe fitting.
Persons: Travis Kelce’s, Taylor, Stefano Gabbana, Gaga, baring, Beyoncé, Bey, Usher, Michael Jackson, Kevin Mazur, Alicia Keys, Keys, Virgil Abloh’s, “ Jermaine Dupri, ” Usher, Organizations: CNN, Kansas City Chiefs, Hollywood, Kanye, Gabbana, Wynn Las, Sunday's, Wynn, Verizon, Vogue Locations: Italian, Wynn Las Vegas
Read previewShortly after Usher wrapped his dazzling performance at the Super Bowl halftime show, Beyoncé made a surprise appearance. Of course, the Super Bowl is an advertising opportunity as much as it's a football game. AdvertisementTaylor Swift attended the Super Bowl to cheer for her boyfriend , Kansas City Chiefs tight end Travis Kelce . Much like the Super Bowl, awards shows are designed as vehicles for promotion; to win is to bulk up your résumé, attract new fans, and make more money . AdvertisementThe key difference here is also quite simple: Very few people could pull off this kind of event-conquering announcement, Swift and Beyoncé among them.
Persons: , Usher, Beyoncé, she'd outdone, Usher crooning, Alicia Keys, Bey's, Coldplay, Swifties, Taylor Swift, Travis Kelce, Blake Lively, Hillary Clinton, Andy Murray, Swift, it's, Travis, I'm, Kacey Musgraves Organizations: Service, Super, Verizon, Business, Kansas City Chiefs, Chiefs, NFL, Poets Department Locations: Hollywood
Amy Bass Rodney BedsoleThis time around, football pundits wondered if Super Bowl LVIII would be the coronation of Chiefs coach Andy Reid and the establishment of a Kansas City dynasty with a third title in five years. This Super Bowl matchup, of course, had history. “We’re not done.”Key to any Super Bowl, of course, is the halftime show. Compared to Usher on roller skates, the commercials – which often take center stage of any Super Bowl broadcast — were relatively tame. “Taylor Swift is in Las Vegas,” commentator Ian Rappoport had assured Taylor Nation.
Persons: Amy Bass, Read, Patrick Mahomes, Mecole, ” Hardman, Tom Brady, Michael Che, , Donald Trump’s, Lady Gaga, Amy Bass Rodney Bedsole, Andy Reid, Kyle Shanahan’s, Mike, Taylor Swift, Travis Kelce, Reid, Kelce, Shanahan, Brock Purdy, George Kittle, Swift, Taylor, Purdy, Jake Moody’s, Harrison Butker, Moody, Butker, Mahomes, “ We’re, Usher, Alicia Keys, Lil Jon, Ludacris, Lionel Messi, Dan Marino, Jason Sudeikis shilled, Matt Damon, Ben Affleck, Jennifer Lopez, Dunkin, Robert F Kennedy Jr, , Kennedy, Kennedy Jr’s, Taylor —, “ Taylor Swift, Ian Rappoport, “ I’ll, , Ashley Avignone, Joe Biden, Trump, ” Taylor, Joe Biden ”, Biden, Biden — Organizations: Manhattanville College, CNN, Kansas City Chiefs, San Francisco 49ers, Atlanta Falcons, New England Patriots, Budweiser, Denver Broncos, Chiefs, 49ers, Super, Kansas City, Verizon, PAC, “ GO CHIEFS, NFL, Truth Locations: America, Kansas, San Francisco, Japan, Las Vegas, Mahomes, Cetaphil’s, Massachusetts, Sephora
After days of speculation and online sleuthing by fans — just another week, in other words — Beyoncé used her appearance in a Super Bowl commercial on Sunday to announce that she would soon be releasing new music. In a Verizon ad that ran shortly after halftime, Beyoncé joked with the comedian Tony Hale about doing something that would “break the internet” (i.e. She ran through a few riffs, like “Beyonc-A.I.,” a Barbie-like “Bar-bey” and a presidential “BOTUS.”Then she said, “Drop the new music,” before the commercial ended. Soon after, Beyoncé’s website updated with the announcement that a new album, identified as “Act II,” would be released on March 29. It appeared to be the second part of Beyoncé’s “Renaissance” album project, and perhaps one with a country-rock theme, given the sound and look of two new songs, “Texas Hold ’Em” and “16 Carriages,” that quickly appeared online.
Persons: , Beyoncé, Tony Hale, , bey ”, BOTUS, Organizations: Verizon Locations: Beyoncé’s, Texas
Verizon released two ads that fans say hint at a Beyoncé Super Bowl commercial. Some say she could be set to appear in a Super Bowl commercial. The short clip ends with "2/11/24" in the center of a black screen — the date of this year’s Super Bowl — and a split-second song snippet. “Should we be in a Super Bowl commercial? Beyond anticipating the commercial, fans also expect that Queen Bey could use the opportunity to announce a Las Vegas residency.
Persons: , Tony Hale, Hale, ” Hale, Beyoncé, Jay, , Bey, , Buster Bluth, Beyoncé hasn’t, Usher, Mariah Carey, Adele Organizations: Verizon, Service, Beyoncé, FOX, Business, Las, Super, & Company, Billboard Locations: Las Vegas, Vegas
LOS ANGELES (AP) — Beyoncé is back with two new country tracks — “Texas Hold 'Em” and “16 Carriages.”After a Verizon commercial starring Beyoncé aired during the Super Bowl ended with the superstar saying “They ready, drop the new music,” the question became — was she serious? Later, a cryptic Instagram video with country iconography appeared on her page, teasing “act ii” on March 29. (Beyoncé’s 2022 album “Renaissance” is frequently referred to as “Act I: Renaissance.”)At the end of the clip, a plucky acoustic guitar riff plays, and Bey’s unmistakable voice kicks in. She sings, “This ain’t Texas / Ain’t no hold ’em / So lay your cards down down down,” in a Southern twang. Under the “music” tab, two titles were listed — “Texas Hold 'Em” and “16 Carriages,” which later appeared as full songs on Tidal, YouTube and Spotify.
Persons: Beyoncé, , , , Tony, Toni, Raphael Saadiq, Tony Hale, Barbie, Hale, Bey, ” Beyoncé, husband Jay Organizations: ANGELES, Verizon, YouTube, Spotify, Locations: Texas, Southern, United States
Investors ought to consider the insight of top Wall Street pros as they hunt for dividend stocks with solid fundamentals. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Overall, he thinks that the company offers a compelling investment opportunity, given its high dividend yield and industry-leading position that enables it to benefit from long-term telecom trends. (See EPD Insider Trading Activity on TipRanks)MPLX LPOur third dividend pick is another midstream energy player, MPLX LP (MPLX). The analyst expects a cash distribution of $3.57 per unit in 2024 and $3.84 per unit in 2025.
Persons: Wall, Ivan Feinseth, TipRanks, Selman Akyol, Akyol, EPD, Elvira Scotto, Scotto Organizations: Verizon Communications, Tigress, Verizon, Enterprise Products, Enterprise Products Partners, Enterprise, MPLX, RBC Capital Locations: unitholders
When Amber Steeves started working at Verizon almost 15 years ago, she did one of the best things you can do when you start a new job. Steeves started at Verizon right after college. This past December, Verizon announced it would begin offering 401(k) matching for student loan payments. "[It] still kind of doesn't feel real, even though I've signed up for it, I have it ready," she says. "I really can't put it into words because I've never heard of a company offering this type of benefit before."
Persons: Amber Steeves, Steeves, I've Organizations: Verizon, CNBC
KENNEBUNK, Maine (AP) — As long as they still have each other, they're still going to go to every Super Bowl. That's the sentiment shared by three friends who say they are the final fans who can claim membership in the exclusive “never missed a Super Bowl” club. They're part of an ever-dwindling group of people who have attended every Super Bowl that has also included media members, football executives, groundskeepers and others. Norma Hunt, wife of late football pioneer Lamar Hunt, was the sole woman to attend every Super Bowl until she died in June. Crisman's home is adorned with Super Bowl ephemera, right down to a collectible hat commemorating the first Bud Bowl, a promotion about beer that ran during Super Bowl 23 in 1989.
Persons: they're, Don Crisman of, Gregory Eaton of, Tom Henschel, Eaton, Crisman, ” Eaton, , Henschel, groundskeepers, Norma Hunt, Lamar Hunt, ” Crisman, , David Tyree's, Scott Norwood's, Herb Adderley, Joe Namath, Susan Metevier, Don, ” Henschel Organizations: Super, brunch, Detroit Lions, Lions, Henschel, AFL, Bud, Michigan State University, Green Bay Packers, New York Jets, Verizon, Pittsburgh Steelers, Crisman, New England Patriots, Patriots, Steelers Locations: KENNEBUNK, Maine, Don Crisman of Maine, Gregory Eaton of Michigan, Florida, Pennsylvania, Las Vegas, Detroit, Los Angeles, Pittsburgh, Vegas, Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVerizon CEO: Building customized networks for the NFL and adding stadium capacityVerizon CEO Hans Vestberg joins 'Money Movers' to discuss why it's a good idea to buy a Super Bowl ad despite the high cost, Verizon's network capacity, and the goals of the new chief marketing officer.
Persons: Hans Vestberg Organizations: Verizon, NFL
These were all among the notable Super Bowl ads of the past 20 years. These are some of the very best Super Bowl ads over the past 20 years. Google, ‘Parisian Love’Super Bowl XLIV in 2010 included Google’s first-ever Super Bowl spot. Amazon, ‘Alexa Loses Her Voice’Amazon has been one of the most successful of all Super Bowl advertisers, at least according to the Kellogg Super Bowl Ad Review panel. But we are incredible, and we make incredible things.”Kia's 2019 Super Bowl ad helped launch its new SUV, the Telluride.
Persons: Tim Calkins, Andy Warhol, Kellogg, Google’s, Alexa, Gordon Ramsay, Cardi, Anthony Hopkins, Alexa —, Kia, , Bar Refaeli, GoDaddy, Burger, Andy ’, Burger King, Warhol, HomeAway, Groupon, Timothy Hutton, Organizations: Northwestern University’s Kellogg School of Management, Marketing, CNN, Amazon Alexa, Tim Calkins Kellogg School of Management, Google, Kellogg, Trade, Bowl, Super Bowl, Amazon, Amazon's, Alexa, Mobile, Verizon, Telluride, Nationwide, Companies, Brands, Super Locations: United States, Georgia, Telluride, US, Tibet
The service will launch this fall and cater to sports fans who don't subscribe to the traditional cable bundle. One person associated with the launch of the new venture told CNBC the platform will be "a monster" and massively disrupt cable TV. Cable TV has been relegated to an add-on that helps keep people subscribing to high-speed internet. The cable bundle has largely survived because it still contains exclusive live news and sports. Previously, the only way for cord cutters to get ESPN outside the cable bundle would have been that coming service.
Persons: LeBron James, Jevone Moore, it's, Lachlan Murdoch, NBC's Peacock, Bob Iger, Rich Greenfield, Max, David Zaslav's, There's, David Zaslav, Lightshed's Rich Greenfield Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Warner Bros . Discovery, Fox, Disney's ESPN, Comcast, DirecTV, CNBC, YouTube, Charter, Cable, Verizon, Mobile, Satellite, Google, Hulu, Live, Disney, Warner Bros, NBC, CBS, National Football League, Paramount, ESPN, Fox News, CNN, MSNBC, Wall Street, Financial Times, TNT, TBS, HGTV, Discovery, Paramount Global Locations: Los Angeles
The new sports streamer that Disney, Warner Bros., and Fox announced Tuesday is a really big deal that could reshape TV . And then they charge the big pay TV distributors a ton to carry their broadcasts of those games. Which may explain why, up until Tuesday, they hadn't told any of the pay TV companies or sports leagues about their plans, industry executives tell me. But if you're the kind of person who's buying an antenna to watch sports TV, you're not going to buy this thing anyway.) Also: The big TV guys didn't like it in 2015 when HBO started competing with them by selling itself as a stand-alone service.
Persons: they're, Nathan McAlone, Nathan, Justin Casterline, Peacock, John W, I'm, Michael Nathanson, , they'd Organizations: Service, Warner Bros, Fox, Business, NFL, CBS, NBC, Hulu, YouTube, Disney, ESPN, Warner Bros ., Comcast, Sports, McDonough, Getty, NBA, TNT, TBS, DirecTV, Verizon, AT, HBO
But while the last crisis was all about interest rate risk, this one revolves around the $20 trillion commercial real estate market. What’s happening: After decades of growth bolstered by low interest rates and easy credit, commercial real estate has hit a wall. The increase was driven partly by expected losses on commercial real estate loans, it said. “As losses from a [commercial real estate] loan portfolio accumulate, they can spill over into the broader financial system,” they wrote. “There’s some smaller and regional banks that have concentrated exposures in these areas that are challenged and we’re working with them,” he said.
Persons: It’s, Goldman Sachs, Anna Cooban, Janet Yellen, Jerome Powell, Gary Gensler, , Chip Somodevilla, She’s, Powell, , ” McDonald’s, McDonald’s, Jordan Valinsky, Samantha Murphy Kelly, “ We’ve Organizations: CNN Business, Bell, New York CNN, New York Community Bancorp, US Regional Bank, Japan’s Aozora Bank, Deutsche Bank, Canadian Public Pension Investment Board, Boston Properties, US Securities and Exchange, Financial, Biden, Senate, CBS, Verizon, Old Telephone Service, landlines, UK, Consumers, CNN, California Public Utilities Commission Locations: New York, Manhattan, Boston, Washington ,, East, United States, California, France, California ”
LOS ANGELES (AP) — After two years of his popular Las Vegas residency at Park MGM, releasing his first solo album in eight years, and headlining the 2024 Super Bowl halftime show, Usher will embark on a North American tour. The R&B-pop icon will embark on his 24-city “Past Present Future" tour beginning Aug. 20 at the Capital One Arena in Washington D.C. It will hit many major cities in North America before concluding in Chicago at United Center on Oct. 29. Usher will take on the Super Bowl on Sunday at Las Vegas' Allegiant Stadium. In his first Super Bowl performance, he descended from the stadium ceiling to perform “OMG” in Arlington, Texas.
Persons: Usher, Verizon presale, will.i.am, ” Usher Organizations: ANGELES, Las, Park MGM, Capital, United Center, Citi, Verizon, Associated Press Locations: Las Vegas, American, Washington, North America, Chicago, Baltimore, Boston, Philadelphia, Toronto, Brooklyn, N.Y, Detroit, Denver, Los Angeles, Oakland, Calif, Dallas, Austin , Texas, Miami, Atlanta, Charlotte, N.C, Louis, LiveNation.com, Arlington , Texas
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