AT&T, Verizon Lead PPI's Top 25 List of 'Investment Heroes' for 2014
AT&T and Verizon led an "investment heroes" list for U.S. capital spending in 2014 put out by the Progressive Policy Institute, said a news release Monday. AT&T topped the top 25 list for the fourth year in a row, with $21.2 billion in domestic capital spending, while Verizon was second with $16 billion, the group said. Google was fourth with $10.7 billion, Comcast was eighth with $7.4 billion, Intel was ninth with $6.5 billion, Amazon was 16th with $4.8 billion, Time Warner Cable was 19th with $4.1 billion, Apple was 20th with $4.1 billion and Microsoft was 25th with $3.1 billion.