The daily business briefing: February 13, 2017

Verizon brings back unlimited data, world stocks rise as "Trump trades" resume, and more

The Verizon logo at a store in California
(Image credit: Justin Sullivan/Getty Images)

1. Verizon brings back unlimited data

Verizon will start selling unlimited wireless data plans again on Monday, reintroducing an option it discontinued in 2011. The move comes as Verizon fights back against rival carriers Sprint and T-Mobile U.S., which have been eroding Verizon's consumer growth with their own aggressive unlimited data plans. AT&T last year also started offering unlimited data to customers who also signed up for its DirecTV satellite service. Verizon's growth slowed in 2016, compared to the previous year.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.