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Pacific Gas and Electric Company, a subsidiary of $PCG, said it spent a record $2.5Bil with diverse suppliers in 2015, accounting for 44% of its total procurement. For the fourth straight year, diverse suppliers accounted for $2Bil-plus of the utility's spend and more than 40% of the utility's total spend for the third year in a row.
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.