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$XOM expects global energy demand to increase 25% between 2014-2040, driven by population and economic growth. Carbon intensity of the global economy is expected to fall by half due to significant energy efficiency gains and a gradual transition to less carbon-intensive energy types.
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.