VISA, MASTERCARD SETTLE LONG-RUNNING ANTITRUST SUIT OVER SWIPE FEES WITH MERCHANTS
Photo Credit: Abc News
Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over the fees charged every time a credit or debit card is used in a store or restaurant.
The deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar way that the large merchants do on their own now.
NBC HAS CUT TIES WITH FORMER RNC HEAD RONNA MCDANIEL AFTER EMPLOYEE OBJECTIONS, SOME ON THE AIR
Photo credit: Rebecca Blackwell
NBC News cut ties Tuesday with former Republican National Committee chief Ronna McDaniel less than a week after hiring her as an on-air political contributor, a decision that followed a furious protest by some of its journalists and commentators.
In announcing the decision in a memo, NBC Universal News Group Chairman Cesar Conde apologized to staff members who felt let down by the hire, acknowledging he had signed off on it.
CHICK-FIL-A BACKTRACKS FROM ITS NO-ANTIBIOTICS-IN-CHICKEN PLEDGE, BLAMES PROJECTED SUPPLY SHORTAGES
Photo Credit: Matt Rourke
The fast-food chain Chick-Fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production.
JETBLUE WILL DROP SOME CITIES AND REDUCE LA FLIGHTS TO FOCUS ON MORE PROFITABLE ROUTES
Photo Credit: Seth Wenig
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money.
UBER PAYS $178M TO SETTLE LAWSUIT WITH TAXI DRIVERS IN AUSTRALIA
Photo credit: Jeff Chiu
Uber has agreed to pay $178m to settle a lawsuit with taxi and hire car drivers in Australia who say they lost earnings to the ride-hailing app, a law firm has announced.
Maurice Blackburn Lawyers, which filed the class action on behalf of more than 8,000 taxi and hire car owners and drivers in 2019, said the outcome was one of the most successful legal actions ever taken against the ride-sharing giant.
