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US-based natural gas supplier $LNG said its BoD voted to replace its CEO and co-founder Charif Souki. $LNG, along with subsidiaries $CQP and $CQH, has appointed Neal A. Shear as Interim President and CEO, and has also appointed G. Andrea Botta as Chairman of its BoD, effective immediately.
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.