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$BA said that the production of 777X wing edge and empennage parts will begin at the new composite center on its St. Louis campus in early 2017. The first 777X delivery is expected in 2020. A total of about 700 jobs are expected to be generated in production, engineering, and multiple support areas by the early 2020s time frame.
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.