Verizon buys Frontier for $20 billion

Verizon is making waves with a $20 billion acquisition of Frontier Communications, eyeing a major expansion in its fiber network. However, potential regulatory issues could pose challenges for the deal. Meanwhile, unit labor costs indicate that wage inflation may be stabilizing. In the automotive arena, Chinese EV makers are gaining momentum, especially after strong results from Neo. Additionally, Tesla is ramping up plans for a full self-driving rollout in China and Europe by 2025.