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$BNED transitioned the Yuzu digital platform to VitalSource in order to reduce the company's digital expenditures. FacultyEnlight, a growing service offered by $BNED, is now being used by over 245,000 faculty to more effectively search and adopt digital content. $BNED has also created a school clothing and gift website called True Spirit.
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.