Bug: Custom Statuses Name not changed on update

[mikeyarce]

Expected/Desired Behavior

When using Quick Edit, the custom status should update.

Actual Behavior

The custom status name does not update.

Steps to Reproduce the Problem

1. Go to Edit Flow > Custom Statuses
2. Click Quick Edit on a status
3. Change the name
4. Click Update Status

The name of the status will not display the newly updated name. When you refresh the page it does show the right name.

(Optional) Additional notes

This does work for other modules like Editorial Metadata.