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$GM said it has promoted Alicia Boler-Davis as EVP, Global Manufacturing. She succeeds Jim DeLuca, who is retiring after a 37-year career that included key positions in manufacturing, labor relations and quality. The company said the transition will begin 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.