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Today's News
Group urges retailers to reject card settlement
2 hours, 21 minutes ago
The National Retail Federation urged retailers on Tuesday to reject a settlement with major credit card companies over alleged fee-fixing, ahead of a court deadline next week. The National Retail Federation, representing more than 9,000 retailers across the country, has rejected the settlement, in part, because it includes a provision barring retailers from filing future lawsuits over swipe fees. Retailers have also argued that the $7.2 billion settlement was far less than what retailers deserved and might have won at trial.
Microsoft touts Xbox One as all-in-1 entertainment
2 hours, 21 minutes ago
Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that promises to be the one system households will need for games, television, movies and other entertainment. It will go on sale later this year, for an undisclosed price. For the past two years, Microsoft has led the gaming industry in console sales with the Xbox 360. But it's been eight years since that machine came out, and Microsoft is the last of the three major console makers to unveil a new system.
AP Top Financial News At 3:48 p.m. EDT
2 hours, 21 minutes ago
JPMorgan's Dimon survives shareholder referendum Apple's Cook faces Senate questions on taxes Stock indexes head higher in afternoon trading
AP Top Extended Financial Headlines At 3:48 p.m. EDT
2 hours, 21 minutes ago
JPMorgan shareholders let CEO Jamie Dimon keep chairman job Apple CEO Cook testifies before Senate panel after report says it avoids billions in taxes Stocks turn higher after reassuring words from Fed official; Home Depot gains after earnings
