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$AA said it has named Kate Hargrove Ramundo, most recently EVP, General Counsel and Secretary at ANN, Inc., as EVP, Chief Legal Officer and Corporate Secretary of future Arconic Inc. The role will take effect upon $AA's separation later this year. Ramundo replaces Audrey Strauss who will retire at completion of $AA's separation.
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.