1431 ET -- Verizon Communications is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Verizon will record a $5.8 billion charge to write down the value of Verizon Business Group, whose operations include providing landlines and internet connections to companies. Verizon lowered its financial projections for the business after a strategic review. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

January 17, 2024 14:46 ET (19:46 GMT)

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