VZ - Verizon Communications Inc.
| Previous close | 57.21 |
| Open | 57.38 |
| Bid | 56.52 x 2900 |
| Ask | 56.92 x 800 |
| Day's range | 56.57 - 57.46 |
| 52-week range | 50.05 - 61.58 |
| Volume | 9,379,023 |
| Avg. volume | 13,314,819 |
| Market cap | 234.04B |
| Beta (3Y monthly) | 0.51 |
| PE ratio (TTM) | 14.62 |
| EPS (TTM) | 3.87 |
| Earnings date | 1 Aug 2019 |
| Forward dividend & yield | 2.41 (4.21%) |
| Ex-dividend date | 2019-07-09 |
| 1y target est | 59.61 |
- Bloomberg•2 days ago
Verizon Launches 5G Network in St. Paul
Jul.18 -- Verizon Business Group CEO Tami Erwin discusses the launch of a 5G ultra wideband network in St. Paul. She speaks on "Bloomberg Daybreak: Americas."
- Zacks•16 hours ago
Verizon Launches Inseego 5G MiFi, Service Reaches St. Paul
Verizon (VZ) maintains its market-leading position with the launch of Inseego 5G hotspot, which is its fifth 5G-enabled device. The company also adds 5G Ultra Wideband mobility service in Saint Paul.
- Zacks•16 hours ago
Will Healthy Top-Line Growth Buoy AT&T (T) Q2 Earnings?
Increased 5G deployment, thrust on digital and media business along with focus on edge computing capabilities are likely to enable AT&T (T) to generate higher second-quarter 2019 revenues.
- Bloomberg•21 hours ago
Small Broadband Companies Claim FCC Win Over AT&T and Verizon
(Bloomberg) -- The largest U.S. telephone companies last year asked regulators to kill limits on the rates smaller carriers can be charged for connecting to the giants’ networks.Now the small carriers are claiming they have successfully defended the regulations as the Federal Communications Commission nears conclusion of a proceeding it has acted on in parts.“We see it as a huge victory,” said Chip Pickering, chief executive officer of the trade group Incompas. Its member companies that offer broadband service and need to connect through lines controlled by companies such as AT&T Inc. and Verizon Communications Inc.The regulations are designed to ensure small companies have access to lines that carry traffic for businesses, schools and homes -- and can use those connections to expand broadband competition by building new fiber links.USTelecom, a trade group with members including AT&T and Verizon, filed the petition with the FCC to eliminate rules in May 2018 and is claiming a partial victory.“We’re thrilled about the steps taken by the FCC to grant important parts” of the petition, Jonathan Spalter, chief executive officer of USTelecom, said in an interview.Eliminating the rules clears the way for more investment in modern networks, according to the trade group.1996 RulesIn its petition, USTelecom said more companies are offering service, undermining the need for the rules put in place in 1996, as the U.S. opened communications markets to more competition.For instance, companies subject to the rules served 186 million wholesale and retail land lines in 2000 compared with 35 million in 2018, according to the petition, which added that some 60% of U.S. households have turned to wireless service.“The mandates at issue here -- principally involving access to old copper network facilities and protections related to an extinct ‘long distance voice market’ -- are not necessary to protect competition or consumers,” USTelecom said in its petition.The agency eliminated some reporting requirements in April, and earlier this month lifted pricing regulations for lines that carry bulk business traffic in most of the country -- decisions that together represented “substantial and meaningful” progress, according to a blog post by Spalter.In June, USTelecom withdrew its request to remove rules around fiber lines that can carry signals from town to town, usually in less populated areas. And in July it withdrew its request to kill rules about local lines that can carry broadband.Copper LinesThe FCC must act on the remainder of USTelecom’s petition by Aug. 2, and Chairman Ajit Pai has recommended the agency remove rate mandates on old copper lines that provide voice service, according to a background document provided by the FCC.The FCC, while not commenting on the outcome, said in a statement that the issues that remain to be decided “were intended to open monopoly local phone companies to competition in voice services” and are no longer necessary.Incompas, representing the small service providers, says it scored victories with the withdrawals by USTelecom of portions of the petition in June and July. The trade group led a campaign that included letters from more than 9,000 customers to the FCC, where Pai has emphasized creating more broadband connections.“When it comes to fiber, they’re removing barriers,” said Pickering, the Incompas leader. “We won the case by being consistent with the commission’s priorities.”Spalter, the USTelecom chief, said his group would continue to make the case for lifting old rules. “As surely as the sun sets in the west, there will be time and space for the FCC to modernize the outdated rules, to make them reflect the competition that exists,” Spalter said.To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool•2 days ago
Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake
Don't overlook what Verizon, NIO, and AT&T have to offer.
- Zacks•2 days ago
AT&T Partners Microsoft on 5G, Cloud & AI to Advance Tech
AT&T's (T) 5G capabilities and Microsoft's Azure cloud facilitate exceptional solutions for mutual customers, and are likely to shape the future of media and communications.
- GlobeNewswire•2 days ago
Consumers have spoken, rated Verizon tops for network quality in J.D. Power Study for 23rd time in a row
BASKING RIDGE, N.J., July 18, 2019 -- Verizon offers the nation’s best network experience. That’s not according to us, or even multiple independent third party awards covering.
- Zacks•2 days ago
Top Ranked Income Stocks to Buy for July 18th
Top Ranked Income Stocks to Buy for July 18th
- GlobeNewswire•2 days ago
Verizon launches exclusive Inseego 5G MiFi M1000 nationwide; turns on 5G Ultra Wideband network in St. Paul
Inseego MiFi is the first 5G hotspot and fifth 5G-enabled device on Verizon’s 5G network St. Paul, MN joins Chicago, Denver, Minneapolis and Providence as a Verizon 5G mobility.
- Zacks•3 days ago
AT&T (T) Collaborates With IBM to Optimize Core Operations
Per the multi-year strategic alliance, AT&T (T) will leverage IBM's domain expertise to augment the internal software applications of AT&T Business division for seamless migration to IBM Cloud.
- Yahoo Finance•4 days ago
Netflix earnings — What to know in markets Wednesday
Netflix will deliver its second-quarter financial results after the market close Wednesday.
- Zacks•4 days ago
Verizon, Ericsson to Bring Cloud Native Tech in Live Network
Verizon (VZ) and Ericsson (ERIC) exhibit how cloud native Evolved Packet Core technology can be crucial in increasing efficiency and utilization of the cloud infrastructure.
- Zacks•4 days ago
T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee
T-Mobile (TMUS) and Roambee aim to provide a comprehensive asset tracking solution that works exclusively on Narrowband Internet of Things network.
- Zacks•4 days ago
Will Top-Line Growth Buoy Badger Meter's (BMI) Q2 Earnings?
Growing demand for E-Series meters, ORION Cellular endpoints and BEACON Advanced Metering Analytics managed solution is likely to translate into higher second-quarter 2019 revenues for Badger Meter (BMI).
- Zacks•4 days ago
What Makes Verizon (VZ) a New Buy Stock
Verizon (VZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- GlobeNewswire•4 days ago
Verizon customers have the nation’s best performing network for 12th straight time and the gap is growing, according to latest scientific testing
BASKING RIDGE, N.J., July 16, 2019 -- The gap between Verizon’s network performance and the other national wireless providers continues to grow, according to the latest.
- Zacks•5 days ago
Verizon Communications (VZ) Outpaces Stock Market Gains: What You Should Know
Verizon Communications (VZ) closed the most recent trading day at $57.59, moving +0.7% from the previous trading session.
- GlobeNewswire•5 days ago
Verizon and Ericsson first in the world to introduce cloud-native technology in a live wireless core network environment
In a proof-of-concept trial in a live network environment, Verizon and Ericsson have introduced cloud native, container based technology on the core of Verizon’s active network. This trial, the first container-based wireless EPC (Evolved Packet Core) technology deployment in a live network in the world, introduces a much more efficient way to deliver operational applications that run the network. It is a solution that will increase agility and enable deployment at scale for new services in 4G and 5G. “The pace of technological advancement is rapid and is exponentially increasing. By evolving our core network past simply using virtualized machines and instead changing our underlying software architecture to run on cloud-native technology, we are able to achieve new levels of operational automation, flexibility and adaptability,” said Bill Stone, Vice President of Technology Development and Planning for Verizon.
- GlobeNewswire•5 days ago
Verizon to redeem select Verizon InterNotes® due 2022-2029
NEW YORK, July 15, 2019 -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that it will redeem the following outstanding notes (the “Notes”) on August 15, 2019.
- GlobeNewswire•6 days ago
As network performance stands strong, Verizon expands and extends unlimited calling, text and data for customers impacted by Hurricane Barry
While the rain continues to fall and waters rise, Verizon continues to keep loved ones and first responders connected with strong network performance at typical non-storm levels. As anticipated, flood waters are impacting the entire area and commercial power is out in many places throughout Louisiana, but back-up generators are running, providing power to our cell sites, and we have begun to refuel those generators to ensure facilities continue operating normally. Verizon is extending unlimited calling, texting and data to our postpaid, prepaid and small business customers impacted by the storm in the following 12 parishes through Friday, July 19: Assumption, Jefferson, Lafourche, Orleans, Plaquemines, Saint Bernard, Saint Charles, Saint James, Saint John the Baptist, Saint Martin, Saint Mary and Terrebonne.
- Bloomberg•7 days ago
U.S. Antitrust Boss Playing Kingmaker in T-Mobile’s Deal for Sprint
(Bloomberg) -- Makan Delrahim, the U.S. Justice Department’s antitrust chief, is trying to shape a deal combining T-Mobile US Inc. and Sprint Corp. that he can pitch as a win for consumers. Here’s how he may do it.If the $26.5 billion deal is approved, it’s likely to include conditions that give satellite TV provider Dish Network Corp. enough airwaves, prepaid customers and network access to emerge as a new national wireless competitor.That would allow T-Mobile and financially struggling Sprint to merge and create a stronger No. 3 rival to AT&T Inc. and Verizon Communications Inc. Dish’s role would satisfy the government’s longstanding demand that there be four national mobile-service companies remaining.“The right deal could be a genuine win for consumers, and if Delrahim structures it right, the facts and history will stand by him,” said Jonathan Chaplin, an analyst with New Street Research LLC.The Justice Department is nearing a final decision. While the broad outline of an accord has been established, key issues are still being debated -- including possible limits on Dish’s ambitions as a wireless carrier. The company owns billions of dollars in unused airwaves that could be tapped to create an even more formidable competitor if it’s free to obtain sufficient outside investment to build its own network, according to people familiar with the matter.Under that broad outline, Sprint’s airwaves would land in more financially stable hands. The No. 4 U.S. carrier has the most mobile-phone spectrum in the U.S. but has limited ability to build a network given its years of losses and financial constraints. Combining with No. 3 T-Mobile would solve those problems.Opponents LurkEven if Delrahim gives his blessing, he’ll still have to convince opponents that consumers won’t see higher prices and fewer choices. One point he’ll likely to highlight is that the deal provides a path to putting Dish’s trove of airwaves to work. The department declined to comment.Skeptics point out that the track record for competitors created by divestitures has been dismal. French communications firm Iliad SA became Italy’s fourth carrier last year after buying assets divested by two larger rivals that merged. Iliad had an initial surge in subscriber growth, followed by a slowdown across the sector.“The premise that this deal will be good for everyone may be a little overly optimistic,” said Phil Berenbroick of Public Knowledge, a consumer advocacy group in Washington. “It’s obvious how harmful they think the deal is if they have to create a remedy as extravagant as this.”New KidThe shift to wireless will be a challenge for Dish, which is better known as the second-largest U.S. satellite TV provider. Dish has no experience selling phones or operating a mobile service. As part of the deal taking shape, the company would take over fewer than 9 million prepaid customers from Sprint to get its wireless business started. But that’s a tiny runway to competing against incumbent carriers with 10 times more subscribers.The future looks better for T-Mobile. With Sprint’s spectrum, it will have nearly twice the wireless capacity of any other carrier. The company’s cost per gigabyte, a measure of how expensive it is to deliver service, will be cut in half, Chaplin said.“If that isn’t a recipe for lower prices and share gains, I don’t know what is,” he said.Judgment DayThe merger has already won a nod from the chairman of the Federal Communications Commission, provided the combined company divests its Boost prepaid business, freezes prices and deploys a 5G network that would cover 99% of the U.S. population within six years.If the Justice Department approves, T-Mobile and Sprint would gain an important ally as they fight a lawsuit challenging the merger brought in June by 13 states and the District of Columbia. The states argue the tie-up will harm competition and lead to higher prices.Chaplin said investors may provide a crucial clue when the Justice Department announces its now-expected approval.“Watch what happens to the stock price of AT&T and Verizon on the day the deal is announced,” he said. “That will be the best litmus test of whether the deal is good for consumers, or not. If their stock prices fall, it is probably a good deal for consumers.”\--With assistance from Todd Shields.To contact the reporters on this story: Scott Moritz in New York at smoritz6@bloomberg.net;David McLaughlin in Washington at dmclaughlin9@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- GlobeNewswire•8 days ago
Verizon provides unlimited calling, texting and data to customers impacted by Tropical Storm Barry in Louisiana
Verizon Foundation makes $25,000 donation to Louisiana's Rapid Relief Fund **Editor’s Note: To access images and b-roll of past storms, Verizon equipment, recovery efforts and.
- GlobeNewswire•8 days ago
Verizon is ready to keep first responders, businesses and people, connected as Tropical Storm Barry approaches the Gulf Coast
As the first major tropical depression of the season makes its way toward the Gulf Coast, the region is bracing for the direct impact of the storm. Whether stocking up on food and water, sandbagging property, reviewing evacuation routes or preparing communications plans, residents and first responders are readying for the weather, and so are we. We are committed to keeping consumers, first responders, public safety teams and enterprise customers connected to loved ones and emergency resources when they need us most.
- Bloomberg•10 days ago
Trump's Daughter-in-Law to Lead Outreach to Female Voters: Campaign Update
(Bloomberg) -- President Donald Trump is hoping his daughter-in-law can help shore up his standing with female voters.Lara Trump -- wife of the president’s son, Eric Trump -- will launch the “Women for Trump Coalition“ aimed at aiding the president’s re-election campaign. It will debut next Tuesday at a casino in suburban Philadelphia, where she will be joined by Republican National Committee Chairwoman Ronna McDaniel, former White House communications aide Mercedes Schlapp, and Kimberly Guilfoyle, the ex-Fox News personality who is dating Trump’s eldest son.“The Women for Trump coalition will be a national effort to mobilize and empower women who support President Trump to help get the message of ‘Promises Made. Promises Kept’ into their communities across America,“ Hannah Castillo, director of coalitions for the Trump campaign, said in a statement.Trump, who has frequently come under fire for his past treatment of women, has consistently struggled to win the approval of female voters, with 52% of women surveyed earlier this month by Gallup saying they believed the president should be impeached. Trump won 41% of the female vote in 2016.‘Antichrist’ Sanders Lists Hit Parade of Haters (2:51 p.m.)Bernie Sanders published a list of “anti-endorsements” on his presidential campaign website with quotes from JPMorgan Chase CEO Jamie Dimon, former Goldman Sachs CEO Lloyd Blankfein, former Federal Reserve Chairman Alan Greenspan and other luminaries of Wall Street and beyond.“Bernie Sanders, in my opinion, doesn’t have a clue,” Leon Cooperman, a former partner at Goldman Sachs, is quoted as saying.“It has the potential to be a dangerous moment,” Blankfein said of Sanders’s campaign.“In 2016 I saw Bernie Sanders and the kids around him. I thought: ‘This is the antichrist!”’ said Home Depot Co-Founder Kenneth Langone.Sanders, a Vermont senator and avowed democratic socialist, is running a campaign focused on taking on the billionaires and Wall Street elite. The web page approvingly quotes Franklin Roosevelt -- “I ask you to judge me by the enemies I have made” -- and Frederick Douglass.In a statement Sanders said of the business leaders quoted: “we welcome their hatred.”Other quotes listed include:“The senator’s uninformed views are, in a word, contemptible” -- Lowell McAdam, former Verizon CEO.“If Bernie Sanders became president, I think stock prices should be 30% to 40% lower than they are now” -- Stanley Druckenmiller, hedge fund manager. -- Emma KinerySteyer Kicks Off Spending on National TV Ads (2:22 p.m.)Billionaire Tom Steyer is on a roll. Two days after announcing his presidential candidacy, he has already spent $1.4 million on TV ads in the key first nominating states of Iowa, New Hampshire, South Carolina and Nevada.The ads also will run nationally on CNN and MSNBC for two weeks.Steyer, 62, hinted at a run a 2020 run early this year, but showed up in Des Moines, Iowa, in January only to announce he had decided against it. The hedge fund manager, who has been focused on impeaching President Donald Trump, announced his candidacy in a video message on Monday.Few candidates have done a single TV ad yet, and none has spent as much money as Steyer has. Senator Kirsten Gillibrand of New York launched ads Tuesday targeting Trump in Pennsylvania, Ohio and Michigan, where she will be traveling this week. Representatives Tulsi Gabbard of Hawaii and Seth Moulton of Massachusetts ran TV ads in June. Former Maryland Representative John Delaney, the first to join the race, bought a TV ad during the 2018 Super Bowl. -- Emma KinerySenate Leaders Clash Over Election Security (1:23 p.m.)Senate leaders clashed on the chamber floor about how Congress could prevent foreign interference in the 2020 elections, as the Trump administration was scheduled Wednesday to give lawmakers a long-awaited briefing about its efforts to prevent a repeat of Russian meddling in 2016.House and Senate lawmakers will be briefed by a group of top administration officials including FBI Director Christopher Wray, Director of National Intelligence Dan Coats and acting Homeland Security Secretary Kevin McAleenan. They will appear after Senate Minority Leader Chuck Schumer pushed for months for the meetings, with Majority Leader Mitch McConnell only recently getting on board.Still, the two top Senate leaders continue to spar over whether any further legislation addressing election security will be needed this year. McConnell made no promises.Instead, the Republican took to the Senate floor to blame former President Barack Obama for being too soft on Russia, which he said paved the way for the 2016 election meddling. He insisted that under the Trump administration there has been “greater success” including the indictment of 28 Russian nationals and entities by Special Counsel Robert Mueller and passage of $380 million in funding to help states combat potential hacking.Schumer insisted Republicans “fought tooth and nail” against that funding and that top GOP leaders continue to show little interest in measures that would help protect state voting systems and combat foreign influence through social media. -- Laura LitvanDe Blasio Seizes Upon Women’s Soccer Parade (11:13 a.m.)New York Mayor Bill de Blasio, who’s been traveling across the U.S. trying to ignite interest in a long-shot campaign for the Democratic presidential nomination, seized upon the Women’s World Cup parade in his city to tout his progressive credentials.He kicked off the parade on Wednesday vowing that as president he would “pursue executive action” if necessary to “guarantee equity in resources and pay for women’s and men’s national sports teams.” Team members have sued the U.S. Soccer Federation over the issue.The mayor addressed the crowd, saying, “The equality of women must be guaranteed in this nation,” as thousands chanted, “Equal Pay USA.”The event featured the women’s team waving to tens of thousands of people as they made their way on the back of a truck up the “Canyon of Heroes,” a half-mile stretch that fans packed on both sides of lower Broadway. Shredded recycled paper floated down from office towers above.The event was bound to take on political significance after Megan Rapinoe, one of the team’s stars and leaders, rejected any possibility that the team would visit Trump’s White House. Trump posted messages on Twitter attacking Rapinoe. -- Henry GoldmanWarren Asks Companies to Disclose Climate Risk (10:30 a.m.)Senator Elizabeth Warren on Wednesday reintroduced legislation requiring publicly owned companies to disclose their exposure to climate-related risks.The measure is cosponsored by three fellow Democratic presidential contenders, Senators Kamala Harris of California, Kirsten Gillibrand of New York and Amy Klobuchar of Minnesota, along with New York Representative Alexandria Ocasio-Cortez.Climate change is a top issue for Democratic voters in polls. Warren’s bill is the second legislation on the topic offered by a 2020 candidate this week. Senator Bernie Sanders, one of the top-tier competitors for the 2020 nomination, unveiled a resolution calling for “massive” federal action to reverse the effects of global warming that is also cosponsored by Ocasio-Cortez.Warren’s Climate Risk Disclosure Act requires companies to disclose to the Securities and Exchange Commission “critical information” about exposure to climate risks like greenhouse gas emissions and a company’s total amount of fossil-fuel related assets. The bill aims to encourage companies to more quickly switch to more efficient energy sources. Warren originally introduced the bill last year. -- Emma KineryHarris, Warren, Sanders Boost Staff Diversity (5 a.m.)Top 2020 Democratic presidential candidates this year bolstered the share of staffers in their Senate offices who are women and minorities, according to a report obtained by Bloomberg News.Warren, Harris and Sanders all hired more diverse staffers in their congressional offices. Women and minorities are key constituencies for the Democratic nomination and the general election against President Donald Trump next year.Harris hired the most racially diverse workforce of the presidential candidates, with 70% of her office identifying as nonwhite this year, compared with 66% in the same period of 2018 and 61% in 2017. Almost two-thirds of her staff was female, according to the report.The share of Sanders’ team that identified as a racial minority rose to 28% this year from 18% in 2018. Since 2017, more than 60% of his staff has been women. On Warren’s staff, 48% identified as nonwhite, compared with 36% last year and 34% in 2017. Women represented 59% of her staff this year, compared with 51% last year.By contrast, Gillibrand saw a slight decline in the share of staffers who are racial minorities. In her office, 46% identified as nonwhite this year, compared with 53% in 2018 and 48% in 2017. She tied with Sanders in hiring women workers, with 63% of the workforce identifying as female.The majority of New Jersey Senator Cory Booker’s staff -- 61% -- are people of color, though that represents a slight decline from last year. Booker increased the share of women in his office from last year. Klobuchar increased both the share of racial minorities and women on her team, but she still has less than 50% in both categories.The annual survey by Senate Democrats offers a snapshot of the diversity of lawmakers’ offices as of June 30. -- Naomi NixHarris Joins Forces With Ocasio-Cortez on HousingHarris and Ocasio-Cortez of New York are teaming up to introduce legislation to remove barriers that prevent people with criminal records and their families from obtaining federal housing.Harris, who’s vying for the 2020 Democratic presidential nomination, has been criticized for her past work as a prosecutor and for not being as progressive as contenders like Warren or Sanders. Working with the young star of the progressive left to address criminal justice reform could help remedy that perception. Sanders and Ocasio-Cortez already have teamed up on two measures.The Fair Chance at Housing Act would remove the “one-strike” policy, which calls for tenants to be evicted for a single instance of criminal activity, and the “no-fault” policy, where entire families can be evicted because of the actions of a single member.The bill raises the standard of evidence public housing authorities need when determining whether to screen or evict a tenant. It also bars the use of “suspicion-less drug and alcohol testing” by landlords and public housing authorities. Harris over the weekend announced another housing proposal of a $100 billion program to help African-Americans buy homes. -- Emma KineryThird Democratic Debate Will Be in HoustonThe Democratic presidential candidates will meet in Houston on Sept. 12 and 13 for the third debate of the 2020 campaign season. Their hosts will be ABC News and Univision, ABC said in a statement on Tuesday night, which added that the format, venue and moderators had yet to be announced.The first debate, in Miami last month, was in a swing state, as will be the next one, in Detroit on July 30 and 31. Texas, however, remains a solidly red state despite Democratic aspirations to at least turn it purple. Democratic National Committee Chairman Tom Perez, in a statement announcing the Houston debate, hailed Democratic “victories all across the state.”But a popular Texas Democrat, Beto O’Rourke, failed to unseat Republican Senator Ted Cruz last November. O’Rourke, of course, is now running for president. -- John HarneyComing Up Wednesday:Most of the Democratic presidential candidates are off the trail. Self-help author Marianne Williamson will be in Charlotte, North Carolina; Entrepreneur Andrew Yang will be in Manchester, New Hampshire.Here’s What Happened Tuesday:Tom Steyer, the billionaire hedge fund manager turned liberal activist, announced Tuesday that he is entering the crowded race for the 2020 Democratic presidential nomination. Steyer, 62, has two trademark issues: impeaching Trump and climate change. He hinted at a run a 2020 run early this year, but showed up in Des Moines, Iowa, in January only to announce he had decided against it. In his first day as a presidential candidate, Steyer already spent $1.05 million on TV ads placed in key states, like Nevada, South Carolina, and Iowa, as well as Boston.Democratic presidential front-runner Joe Biden and his wife, Jill Biden, earned more than $15 million during their first two years out of the White House, according to a financial disclosure. The bulk of the income came from payments for the memoirs they’ve each written. The couple’s total income in 2017 was $11 million and nearly $4.6 million in 2018. Their net worth is between $2.2 million and $8 million, according to a separate financial disclosure filed Tuesday that doesn’t include their real estate holdings. By contrast, Biden’s disclosure with the federal Office of Government Ethics for 2016, his last year at the White House, showed the couple’s assets were worth between $303,000 and $1 million and they had liabilities between $560,000 and $1.2 million.\--With assistance from Naomi Nix, John Harney, Emma Kinery, Henry Goldman and Laura Litvan.To contact the reporter on this story: Justin Sink in WASHINGTON at jsink1@bloomberg.netTo contact the editors responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net, Laurie Asséo, Max BerleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
