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Investor-owned electric utility $AEP said that its Ohio utility unit received an order from the Public Utilities Commission of Ohio (PUCO) supporting and modifying Ohio's expanded Power Purchase Agreement (PPA). Subject to PUCO approval and cost recovery, AEP Ohio will develop at least 900 MW of wind and solar generation over the next five years.
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.