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P&C insurance company $CB said Darren Cantas will be Head of Risk Engineering for P&C Asia Pacific. Cantas will continue to lead the region's P&C Risk Engineering Services team. Cantas will report to Paul McNamee, Deputy Regional President and Head P&C in Asia Pacific, and Raimund Navakas, SVP and International Risk Engineering Service Manager.
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.