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
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.
Cairn India Plans $2 Billion Capital Expenditure Over Two Years
Cairn India Ltd. (532792.BY) plans to spend $2 billion over the next two years to expand exploration and production of oil and gas, Chairman Navin Agarwal said Wednesday.
India Scrutinizing Anti-Money-Laundering Systems of HSBC, StanChart
The Reserve Bank of India is examining the anti-money-laundering systems of the local operations of HSBC Holdings PLC (HSBA.LN) and Standard Chartered PLC (STAN.LN), the government said Wednesday.
Indian Opposition to Block Parliament
India's opposition vowed on Wednesday to block parliamentary proceedings until the prime minister resigned over a coal scandal, raising the prospect of more legislative deadlock and stalled reforms.
Volvo Trucks Introduces New FH Series
Swedish truck maker Volvo AB (VOLV-B.SK) said Wednesday its Volvo Truck unit will introduce a new FH series.
Australia Says New Mining Investment Challenging
Attracting new investment into Australia's mining sector is going to be challenging, Resources Minister Martin Ferguson warned Wednesday after BHP Billiton Ltd. (BHP) scaled back plans for a massive mine expansion and said it won't approve any new projects until at least mid-2013.