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$AAL has named Alison Taylor as SVP - Global Sales. Taylor will join the company later in Sept. from $HOT where she most recently held a similar role. Taylor will lead $AAL's sales team and be responsible for developing all sales and distribution policies worldwide. She will report to Chief Marketing Officer Andrew Nocella.
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.