NCPA rejects credit card transaction fee settlement
Pharmacists joined convenience store owners, co-op operators, and Walmart in rejecting a proposed $7.25 billion settlement over credit card transaction fees.
Rewards credit cards could soon be history
Do you know what interchange fees (they're also called "swipe fees") are? Not many people do. But they're the cut of the value of every transaction that's taken by the processor ( American Express , Discover , MasterCard or Visa) every time you use your debit or credit card. And most of what's
Massmart Posts Rise In Sales and Profit, Plans Expansion
MARIKANA, South Africa--South African retailer Massmart Holdings Ltd. (MSM.JO ) Wednesday reported a rise in full-year sales and profit and said it plans to open 40 new stores over the next 18 months, despite a pressure on margins, as it seeks to boost market share following its integration with
Statoil Invests NOK8.5 Billion to Boost Gullfaks South Output
The Norwegian oil company Statoil ASA (STO) said Wednesday it was investing 8.5 billion Norwegian kroner ($1.44 billion) to boost the output of the Gullfaks South field in the North Sea.
Germany Pushing For Completing Basel III By End Of Dec-Source
Germany is pushing to complete European negotiations over new banking regulations known as Basel III by the end of December, a German government official said on Wednesday.
WPP Hasn't Received New Delhi Television Hypothetical Law Suit
Advertising agency WPP PLC (WPP.LN) said Wednesday that despite comments in the media, the hypothetical law suit said to have been issued in New York by New Delhi Television Ltd.( 532529.BY), or NDTV, against WPP and other parties hasn't been served on WPP or on any its operating companies.
Anglo American Platinum: Received Wage Demands From Workers
Anglo-American Platinum Ltd. (AMS.JO) confirmed Wednesday that it has received new wage demands from a group of its workers in South Africa, but said the official union was not involved in the request and there have been no work stoppages or threats of strikes.
Profit Falls at Israel's Strauss as Pressure on Prices Continues
The pressure to sell food at lower prices amid continued public protests over the Israel's high cost of living cut into local food maker Strauss Group Ltd.'s (STRS.TV) second-quarter profit, although this was partially offset by a boost in overseas sales from the weaker shekel, the company said
ITV Not Talking to BT About Showing Live Premier League Soccer Matches
U.K. broadcaster ITV PLC (ITV.LN) Wednesday rejected a media report that it is talking to telecommunications operator BT Group PLC (BT.A.LN) about broadcasting live English Premier League soccer matches, which BT recently bought the rights to, on its channels.