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Financial services company $FITB said that it is creating 120 new jobs in its rapidly expanding Information Technology division, adding to the 80 technology employees the bank already hired in the past five months. More than 100 of the new jobs will offer salary packages worth more than $100,000 each.
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.