Oct 3, 2018

Verizon offers severance to 44,000 employees

Photo: Richard Levine/Corbis via Getty Images.

Verizon Communications offered buyout packages to as many as 44,000 management employees last month in an effort to cut costs, potentially eliminating more than a fourth of its workforce, per The Wall Street Journal.

The details: Verizon, which had 153,100 employees worldwide at the end of June, aims to cut $10 billion in costs as it also foots the bill for upgrading to new 5G networks. Employees eligible for the severance packages were offered three weeks’ pay for each year of service, up to a 60-week maximum.

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Updated 10 mins ago - Politics & Policy

U.S. enters 6th day of nationwide protests over George Floyd's killing

A protest in Philadelphia on May 31. Photo: Mark Makela/Getty Images

Local news footage captured a tanker truck appearing to drive toward protesters at a peaceful demonstration in Minneapolis, as demonstrators quickly got out of the way of the incoming vehicle on Sunday evening.

The big picture: Protests have continued across the country for six days, as demonstrators call for justice in response to the deaths of George Floyd and other other black Americans who have died in police custody or who have been killed in racist attacks.

Updated 17 mins ago - Politics & Policy

Tanker truck appears to plow into Minneapolis protesters

A tanker truck appears to have driven toward thousands of protesters during a demonstration in Minneapolis, video from the scene shows.

Details: Minnesota Department of Public Safety tweeted, "Very disturbing actions by a truck driver on I-35W, inciting a crowd of peaceful demonstrators. The truck driver was injured & taken to a hospital with non-life threatening injuries. He is under arrest. It doesn’t appear any protesters were hit by the truck."

Inside Trump's antifa tweet

President Trump at Cape Canaveral on May 30. Photo: Paul Hennessy/SOPA Images/LightRocket via Getty Images

As recently as Saturday night, senior administration officials told me that the designation of a violent cohort of far-left activists, antifa, as a terrorist organization was not being seriously discussed at the White House. But that was Saturday.

Behind the scenes: The situation changed dramatically a few hours later, after prominent conservative allies of the president, such as his friend media commentator Dan Bongino, publicly urged a tough response against people associated with antifa (short for "anti-fascist").