Verizon offers unlimited data

The markets extended its gains during the midday with the Dow leaping 157 points to 20,426. Nasdaq climbed 36 points to 5,769.


Unlimited data returns to Verizon. The nation's largest wireless provider began offering unlimited voice, text and data for $80 per month to customers who use AutoPay and paper-free billing. The new plan was an attempt to retain fleeing customers who have opted for the unlimited data plans offered by rivals T-Mobile and Sprint. Verizon had ended a previous unlimited data plan in 2012.


Workers at Boeing's South Carolina aircraft factory will vote on Wednesday whether or not they will join the International Association of Machinists union. Approximately 3,000 workers who assemble the 787 Dreamliners in North Charleston have never been represented by a union. South Carolina has the nation's lowest union membership rate at 1.6% and has marketed itself as business friendly and anti-union.


Representatives of General Motors and Toyota Motor will recommend to a U.S. House panel that vehicle safety standards need to be updated to accommodate self-driving cars. Changes to existing regulations are necessary for automakers to test self-driving cars. The automotive industry is also urging legislatures to craft new guidelines for the deployment of autonomous vehicles.


In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index climbed 13 points to 2,329. Bitcoin added $2 to $994.


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