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Corporate America Cracks Piggy Bank for Okla. Victims

In the aftermath of the Oklahoma tornado disaster that killed at least 24 people and damaged or destroyed as many as 13,000 homes, the calls for help are being answered.Major corporations have teamed with charities, and several, including Boeing (NYSE:BA), AT&T (NYSE:T), United Continental (NYSE:UAL) and PepsiCo (NYSE:PEP), have opened internal portals to allow employees and customers to donate directly to the relief through the Red Cross and Save the Children. Some companies are using their own balance sheets to funnel funds to non-profits directly involved with the cause.  Among the larger charities involved are Feeding America , which sent "truckloads of food" to Oklahoma victims, the Red Cross , which has deployed teams and shelters to the devastated city of Moore, as well as the Salvation Army and Save the Children .American Airlines is encouraging customers to donate to the Red Cross Oklahoma relief efforts by making a cash donation, and it is rewarding members with a one-time aw...

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  1. Vodafone To Use Verizon Dividend To Bolster Performance

    Mobile giant Vodafone Group PLC (VOD.LN) said Tuesday that it will retain its 45% share of Verizon Wireless's $7 billion dividend payment within the business as it s...

  2. Vodafone To Use Verizon Wireless Dividend To Boost Its Business

    Mobile giant Vodafone Group PLC (VOD.LN) said Tuesday that it will retain its 45% share of Verizon Wireless's $7 billion dividend payment within the business as it s...

  3. All eyes on Vodafone's Colao for signs on Verizon

    After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what w...

  4. U.S. Cellular To Pay Out Cash From Asset Sale

    U.S. Cellular Corp. (USM) declared a special dividend of $5.75 a share after selling assets to Sprint Nextel Corp. (S), with much of the payout going to its majority...

  5. Sprint, Clearwire Deal Unlikely to Get Shareholder OK

    Clearwire's (NASDAQ:CLWR) minority shareholders will likely vote down next week a buyout offer from Sprint Nextel (NYSE:S), pushing the third-largest U.S. wireless c...

  6. Nation's Largest Wireless Carriers Team Up Against Texting

    Shelving competition for a cause-- cell phone carriers across the country are teaming up in an effort to stop users from texting while driving.In an industry first, ...

  7. Verizon Wireless Dividends to Stay Lean, Preserve Cash

    Verizon Communications Inc. (VZ) Chief Financial Officer Fran Shammo reiterated that cash distributions by Verizon Wireless will likely be "more lean" as the venture...

  8. Verizon sees lean Verizon Wireless dividend conserving cash

    Verizon Wireless dividend payments may be lean going forward as the venture of Verizon Communications Inc and Vodafone Group Plc conserves cash to pay down debt and ...

  9. Morning Business Outlook: 5/14/13

    Memorial Day travelers facing higher prices at the pump

  10. Verizon Wireless to Distribute $7 Billion to Owners

    Verizon Wireless, a joint venture of Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD, VOD.LN), will pay out $7 billion to its owners before the end of n...

  11. Verizon Wireless to pay its parents $7 billion dividend

    Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 bi...

  12. Proxy Firms Differ on Sprint's Clearwire Bid

    Proxy advisory firms offered differing views of Sprint Nextel Corp.'s (S) contested bid to take over Clearwire Corp. (CLWR), raising the uncertainty around the May 2...

  1. AT&T Imposes New Monthly Administrative Fee for Wireless Users

    AT&T Inc. (T) has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more ...

  2. You’re Not the Only One Using Your Smartphone?

    GigaOM Senior Writer Derrick Harris on companies tracking your smartphone data.

  3. Clearwire: No Substantive Talks With Dish Network Since April

    Clearwire Corp. (CLWR) hasn't had "substantive discussions" with Dish Network Corp. (DISH) since last month, according to a regulatory filing that comes as Clearwire...

  4. Wireless Carriers Report Some Damage, Congestion After Oklahoma Tornado

    Wireless carriers are reporting some damage from the massive tornado that hit Oklahoma on Monday, but they note that networks are generally functioning well after th...

  5. Vodafone says comfortable with Verizon Wireless status quo

    Vodafone said on Tuesday that it was very comfortable with its successful U.S. joint venture Verizon Wireless, but if an offer materialized that would benefit it mor...

  6. Vodafone keeps Verizon payout to make up for European slump

    Vodafone will reinvest a $3.2 billion dividend from its healthy U.S. arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall i...

  7. Vodafone keeps Verizon payout after European weakness

    Vodafone posted the largest ever fall in its main revenue measure on Tuesday, forcing it to keep a dividend from its healthy U.S. arm to compensate for a slump in so...

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