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$DISCA made a minority investment of $100MM and entered into a strategic partnership with Group Nine Media, a new media holding company consisting of Thrillist Media Group, NowThis Media, The Dodo and Discovery's digital network Seeker, along with its production studio SourceFed Studios.
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.