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A surprising small business mecca on Tobacco Road

Durham, North Carolina is teeming with startups and local small businesses, undergoing an entrepreneurial revival in recent years.
Source: CNBC.com | By: Kate Rogers
This consolidation is a warning sign: Pro  

Jon Broad, AOL Ventures, joins "Squawk Alley" to discuss "FANG", the concern over so much value concentrated in only six stocks.
Source: CNBC.com
Netflix streamlines old biz as streaming booms

Netflix has lost many DVD subscribers, but its old business remains a yearly profits machine, the New York Times reports.
Source: The New York Times | By: Emily Steel
This is the future of TV: Frontier Exec

Traditional cable companies must adapt to cord cutting or they'll watch their business slip away, Frontier Communications' Maggie Wilderotter says.
Source: CNBC.com
Apple has 'expectation problem' but can it grow?  

Chris Caso, Susquehanna Financial breaks down Apple's quarterly results and provides insight to the tech giant's future.
Source: CNBC.com
UPDATE 3-Verizon cuts revenue outlook as price war continues

July 21- Verizon Communications Inc on Tuesday lowered its full-year revenue target as it fends promotions from its competitors. Customers shifted to the installment plans at a higher rate than Verizon had anticipated earlier in the year, resulting in a decline in service revenue, Chief Financial Officer Fran Shammo said in an interview.
Source: Reuters | By: Malathi Nayak and Devika Krishna Kumar
UPDATE 2-Verizon profit beats on customer additions; revenue outlook lowered

July 21- Verizon Communications Inc on Tuesday lowered its full-year revenue target after users on average paid less for its services during the second quarter amid continuing industry competition and promotional activity. Verizon said it expected full-year revenue growth of at least 3 percent, below its previous forecast of 4 percent.
Source: Reuters | By: Malathi Nayak and Devika Krishna Kumar
Verizon earnings beat on rise in subscribers

Verizon delivered quarterly earnings that beat analysts' expectations on Tuesday, boosted by an increase in wireless subscribers.
Source: CNBC.com | By: Jacob Pramuk
Banks back rival to Bloomberg messaging system

A messaging service for business is being launched by some of the world's biggest banks in a bid to challenge Bloomberg's dominance of the market.
Source: Financial Times | By: Ben McLannahan
UPDATE 1-Verizon profit beats estimates as more subscribers sign up

July 21- Verizon Communications Inc reported a better-than-expected rise in quarterly profit as more users signed up for its postpaid wireless services and subscriber defections fell to a three-year low. Revenue from Verizon's FiOS high-speed Internet, TV and phone service rose 10 percent to $3.4 billion, while tablet sign-ups totaled 852,000 in the...
Source: Reuters