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Lodging company $MAR said the Office of Foreign Assets Control of the US Department of Treasury has approved its application to pursue business transaction in Cuba, and that the company is in discussions to develop a hospitality relationship with potential partners.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.