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$CMI said it will partner with Peterbilt Motors, division of $PCAR, to develop and demonstrate technologies under U.S. Department of Energy (DOE) SuperTruck II program. The DOE will fund 4 projects to develop and demonstrate technologies that more than double freight efficiency of Class 8 trucks, commonly known as 18-wheelers, over 2009 baseline.
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.