Some Apple employees have become disillusioned with the group's culture, where some have thrived while others feel sidelined.Technologyread more
Biden has shown staying power at the top of a jammed Democratic field even as polling numbers for Sanders, Warren and Harris wax and wane.2020 Electionsread more
The FDIC on Tuesday votes to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The yield curve is the only economic indicator pointing to a recession, according to Credit Suisse.Marketsread more
Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
With the official launch of the Apple Card, Goldman Sachs has embarked on a multi-decade journey to becoming a leader in consumer banking, CEO David Solomon said.Financeread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
The move comes as Facebook continues to grapple with its privacy practices and lawmakers' scrutiny over how it uses personal data to display ads. But it will probably won't...Technologyread more
An under-the-radar hedge fund is ruling the industry with a nearly 30% return this year so far, and it's more than doubling its bet on gold.Marketsread more
The Apple Card is more secure because users get a one-time-use number in the Wallet app, says the president of Mastercard's North American operations.Technologyread more
The National Rifle Association is turning to old stock footage of Dana Loesch, their former spokeswoman, to rally supporters in the wake of the recent mass shootings and...Politicsread more
LOS ANGELES - Verizon FIOS got lots of favorable press this week for a new plan to let consumers break free of programming bundles and get lower TV bills.
Turns out the offer, an attempt to appeal to the cutting the cord crowd, isn't what was advertised, at least not for this USA TODAY reporter.
Sunday, the new plans were revealed online, and the end result for me—at least as quoted by a Verizon rep on the phone—a savings of not $25, $50 or $75 monthly for ditching dozens of channels I don't want, but just $5 monthly.
Verizon starts with a base price of $54.99 for the networks, plus CNN, AMC, Food Network, WE, Bloomberg and some lesser tier channels.
From there, consumers get to pick from two other tiers--packages that include:
—Lifestyle: Bravo, Lifetime, A&E
—Entertainment: TBS, TNT, FX, TCM.
—News: Fox News,. MSNBC, C-SPAN.
—Pop Culture: E! Entertainment TV, Comedy Central, MTV, VH1.
—Kids: Nickelodeon, Disney.
—Two sports tiers with ESPN and regional networks. (ESPN says Verizon doesn't have the right to use the network in a smaller bundle. But it's still there, at least as of Sunday.)
My current FIOS has over 1,000 channels, and I only watch a handful of them. I do like the DVR and FIOS's on-demand features, which has current movies for around $5 (I rarely order) and recent episodes of network offerings for free.
Since my average bill is always over $200 for TV, Internet and the phone, I'd love to lose most of the channels, and whack it down to $100.
My current bill is for $209.78, and that includes all those TV channels, two DVRs (one each for the bedroom and living room) two phones and Internet service.
In talking to the rep, I chose the base price, plus two other tiers, which I could have lived without—but they were part of the deal.
Verizon's best offer: $203.34.
So much for Verizon's cutting the cord compromise.