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Energy company $AVA said if its total rate request is approved, a residential customer using 750 kWh a month would see a monthly increase of $6.72 in summer months and $8 in winter months. The main drivers of the rate request are higher costs, including additions and upgrades to electric system and higher operating and maintenance expense.
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.