Top Stock Picks of Six Billionaire Investors

By the time the world’s smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have…

Verizon, AT&T Hire CEO for Smartphone Payments Venture

A telecommunications group including Verizon Wireless and AT&T Inc. (T) hired Michael J Abbot, a former executive with General Electric (GE), to run a venture that will let consumers pay for purchases using their smartphone.

Abbot, who was previ…

T-Mobile USA Says High-Speed Technology Faces Obstacles

T-Mobile USA warned that plans to introduce new high-speed mobile technology could go badly wrong for consumers and companies.

Verizon Wireless (VZ) is currently working on a high-speed service for the end of this year, Reuters reported. The service …