Visa, Mastercard to lower ‘swipe fees’ in merchant antitrust suit settlement
As part of a landmark antitrust settlement with U.S. merchants, Visa and Mastercard have agreed to lower and cap credit card interchange fees, which will result in several payments over the next five years. It is estimated that tens of billions of dollars could be saved. “This settlement is the culmination of eight years of […]
Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants – Yahoo Finance
NEW YORK (AP) – Visa and Mastercard announced settlements with U.S. merchants over swipe fees. This could potentially save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard, and other credit card companies in exchange for enabling transactions. Merchants ultimately pass these fees on to consumers who use credit or debit […]
Apple hit with lawsuits from iPhone owners after DOJ antitrust suit
Apple has been hit with a wave of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, taking advantage of a massive antitrust suit filed last week by the Justice Department and 15 states. There is. At least three class-action lawsuits have been filed since Friday. California and new jersey iPhone owners […]
DOJ moved to dismiss $3.3B fraud suit against Dish after chairman Charlie Ergen donated $113K to Biden
Earlier this month, the Justice Department took the unusual step of moving to dismiss a $3.3 billion civil fraud lawsuit against Dish Network, after founders Charlie Ergen and his wife joined President Biden’s re-election campaign late last year. This comes just months after he donated more than $113,000. Ergen, a former professional poker player who […]
Apple Stock Stalls After U.S. Files Monopoly Suit. What Wall Street Is Saying. – Barron's
Apple shares were little changed at $171.48 in Friday’s premarket, after falling 4.1% amid a lawsuit filed by the Justice Department against the iPhone maker. Stock will be cut on Thursday. Wall Street analysts were weighing how big a threat this legal action could pose to the company. Wedbush maintains an Outperform rating on Apple […]
Former Tennessee Cop In Sex Romp Case Settles Suit With Former Employer, Receives $500,000 In Settlement
A former Tennessee state trooper involved in a sexual assault case settled a federal civil lawsuit against his former employer on Wednesday, NewsChannel 5 reported. The La Vergne Police Department has agreed to pay former police officer Megan Hall $500,000. according to The decision was made by a 3-1 vote at a special meeting. This […]
Quoting Dr. Seuss, ‘Just go, Go, GO!’ federal judge dismisses Blagojevich political comeback suit
SPRINGFIELD, Ill. (AP) — Rod Blagojevich, a former governor and ex-convict who frequently dropped old and sometimes cryptic quotes to emphasize his positions, on Thursday They found themselves in a reversal when a federal judge dismissed a lawsuit seeking restitution. He quoted Dr. Seuss and said, “Let’s just go” in his public life. A Chicago […]
House Republicans File Suit Against DOJ Tax Attorneys In Hunter Biden Investigation
The Republican-led House Judiciary Committee filed a lawsuit Thursday against two Justice Department lawyers, according to NBC News. The lawsuit aims to call on two Justice Department lawyers, Mark Daley and Jack Morgan, to testify because they may know important details of the case against the president’s son. The main focus of the investigation is […]
Apple faces landmark antitrust suit
Joined the Department of Justice: 16 bipartisan state attorneys general A lawsuit filed in New Jersey alleges that Apple restricts competition through its App Store operations, harms consumers, developers, and small businesses, limits the functionality of third-party smartwatches, and restricts cross-platform messaging. It is claimed that the quality of the product is impaired. “For years, […]
Trump’s defamation suit against ABC News, George Stephanopoulos could be anything from ‘slam dunk’ to ‘dud’
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