Comcast Corp. unveiled a wireless service that offers unlimited data on Verizon Communications Inc.’s network for less than nearly every other competitor and said the venture will be profitable once it reaches hundreds of thousands of subscribers. While the pricing plans have some strings attached and are available only to Comcast’s internet and TV customers, the initial $45 unlimited offer is the lowest among the top U.S. wireless carriers and is likely to further escalate a price war that has ravaged the industry. Shares of the cable giant rose the most in more than two months…

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LYFT RAISES $500 MILLION AMID UBER TURMOIL, VALUED AT $7.5 BILLION

Ride-hailing start-up Lyft has raised a new $500 million round of funding, a source told CNBC, bolstering its valuation to about $7.5 billion, postmoney, as rival Uber faces scrutiny. Lyft was last valued at $5.5 billion in 2015, according to researchers at CB Insights. Some details of the funding round were previously reported by the Financial Times and The Wall Street Journal. Once known for adorning cars with fluffy pink mustaches, unicorn Lyft has launched an aggressive expansion. In January, Lyft said it planned to add 100 cities this year, increasing its coverage to 300 cities across the country — and it is already closing in on that goal.

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GOP TRIGGERS ‘NUCLEAR OPTION’ TO CLEAR PATH FOR GORSUCH CONFIRMATION

Senate Republicans on Thursday voted to strip Democrats of the power to filibuster President Trump’s nominee to the Supreme Court, invoking the so-called nuclear option. Senators voted 52-48 along party lines to change the Senate’s precedent, lowering the threshold for advancing Neil Gorsuch from 60 votes to a simple majority. They then …

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Closing Bell

– Thursday, April 6th

Markets Edge UP as Financials Tick North

Big Insider Trades

– Square, Inc. (SQ) CEO Jack Dorsey Sells $6.5m

– Apollo Global Management LLC (APO) Stakeholder Tiger Global Management Buys $10m