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AT&T shares fall after results show later payments, higher spending

Jul 2022 21
A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas.Ronald Martinez | Getty ImagesAT&T shares fell Thursday after the company said its cash flow was hurt by customers' later phone payments and company spending on building 5G infrastructure.The company said customers have been paying their bills about two days later than they did the same time last year. That alone affected about $1 billion in quarterly cash flow, the company said."There's clearly some dynamics in the economy. We have customers that are stretching out their payments a little bit," AT&T CEO John......

Shares of cruise lines jump after CDC ends Covid-19 program

Jul 2022 19
NEW YORK, US - JULY 10: An aerial view of the cruise ship "Norwegian Joy" sails up the Hudson River in front of the skyline of Manhattan as the sun sets in New York City, United States on July 10, 2022.Lokman Vural Elibol | Anadolu Agency | Getty ImagesShares of cruise lines including Carnival, Royal Caribbean and Norwegian rose Tuesday after the U.S. Center for Disease Control ended its Covid-19 program for cruise ships.The CDC's program for cruise ships, which became voluntary earlier this year, required all passengers to be tested, encouraged vaccinations for staff and passengers and outlined specific......
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