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Financial services company $USB said it named John Steward as president of its Retail Payment Solutions division. The appointment follows the recently announced retirement of Tony Vuoto, general manager of its Retail Payment Products, at the end of 1Q16.
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.