Fox Business - The Power to Prosper
Search Site

Walmart

Related Topics

  1. Macy's
  2. Macy's
  3. Department Stores
  4. Starbucks
  5. Mike Duke
  6. Family Dollar Stores
Get updates on Walmart
Visa, MasterCard Strike Back at Swipe-Fee Settlement Foes

Visa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees.The world's largest payment networks asked a federal judge Friday to rule that their practices for setting fees paid by merchants that accept credit and debit cards aren't anticompetitive, which could limit the type of lawsuits retailers could bring against the companies in the future.Such a ruling is "necessary to prevent the continuation of endless, wasteful litigation" between merchant trade groups and Visa and MasterCard, the companies said in a complaint seeking declaratory judgment filed in U.S. District Court in Brooklyn.Several large banks, including Bank of America Corp. (BAC), J.P. Morgan Chase & Co. (JPM) and Citigroup Inc. (C), also were named as plaintiffs in the new complaint. The complaint was filed against the National Association of Convenience Stores, National Association of Truck Store Operators, National...

Read More ›

  1. Retailers Sue Visa, MasterCard Over Card Fees

    A group of U.S. retailers, including Macy's Inc. and Target Corp., sued Visa Inc. and MasterCard Inc. on Thursday, breaking off from a proposed $7.2 billion settleme...

  2. Large U.S. retailers sue Visa, MasterCard over card fees

    A group of U.S. retailers, including Macy's Inc. and Target Corp. , sued Visa Inc. and MasterCard Inc. on Thursday, breaking off from a proposed $7.2 billion settlem...

  3. Halftime Report: 5/23/13

    TV's Andy Levy recaps an exciting 30 minutes

  4. Cerberus Looking at Grocery Chains for Potential Bids

    Cerberus Capital Management LP is eyeing about a half-dozen grocery chains for potential bids, as the buyout shop weighs whether to further expand its grocery busine...

  5. Carrefour sells stake in Middle East venture for $683 million

    Carrefour , Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 m...

  6. Wal-Mart Hires Ex-Presidential Adviser

    Wal-Mart Stores Inc. has named Dan Bartlett, a former adviser to President George W. Bush, to head its corporate and government affairs.He will succeed Leslie Dach, ...

  7. Exclusive: Carrefour to divest 25 pct stake in Middle East venture - sources

    Carrefour , Europe's largest retailer, is in advanced talks to divest its remaining 25-percent stake in its Middle Eastern joint venture to local partner Majid Al Fu...

  8. Apple Tops New WisdomTree Dividend ETF

    Apple's (NASDAQ:AAPL) new status as a dividend stock is, no pun intended, bearing fruit. At least at the new ETF level.The WisdomTree U.S. Dividend Growth Fund (NASD...

  9. Starwood Capital Goes Shopping for Malls

    Starwood Capital Group is in talks to buy seven U.S. shopping malls from Westfield Group for more than $1 billion, a deal that would mark the latest in a flurry of b...

  10. South African Retailer Massmart Says Sales To Remain Soft

    South African retailer Massmart Holdings Ltd. (MMRTY, MSM.JO) said Wednesday that sales growth at its stores will "remain soft" for the rest of the year as consumers...

  11. Wal-Mart , Costco, Other Merchants Push Back Against Swipe-Fee Settlement

    A group of 19 large retailers, including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX), are opting out of a pending class-acti...

  12. Wal-Mart , Costco And Other Merchants Push Back Against Swipe-Fee Settlement

    A group of 19 large retailers including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX) are opting out of a pending class-action...

  1. Visa, Mastercard ask U.S. court to declare card fees are lawful

    Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that t...

  2. Ten Brands You Won't Find Next Year

    Each year, 24/7 Wall St. identifies 10 important brands sold in America that we predict will disappear before 2014. This year's list reflects the brutally competitiv...

  3. Patent Battle Between Nokia, HTC Heats Up

    FBN's Jo Ling Kent breaks down afternoon market news.

  4. Major Indices Have Fallen Last Two Trading Days

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  5. P&G Shares Jumping

    FBN's Jo Ling Kent breaks down late-morning market news.

  6. Markets Point to Shrinking Middle Class

    Layfield Report CEO John Layfield argues the poor are getting poorer and the rich are getting richer.

  7. Target, Macy's and Others Sue Visa and MasterCard Over Fees

    Some of the country's biggest retailers sued Visa Inc. (V) and MasterCard Inc. (MA) Thursday, arguing the world's largest payment networks have imposed anticompetiti...

‹ Prev12345…Next ›
Freebase CC-BY
Source: Walmart on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL