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Visa, MasterCard $7.25 billion settlement with retailers is thrown out
July 1, 2016 by admin · Leave a Comment
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement reached by Visa Inc and MasterCard Inc with millions of retailers that accused the card networks of improperly fixing credit and debit card
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Visa, MasterCard $7.25 billion settlement with retailers is thrown out
judge-james
European factories bounce as Asia struggles, but Brexit poses threats
July 1, 2016 by admin · Leave a Comment
LONDON/SYDNEY (Reuters) – Factories across Europe enjoyed a buoyant month in June but that growth could be under threat after Britons voted to leave the European Union last week, surveys conducted almost entirely before the historic referendum showed. Highlighting another worrying trend for the global economy, China's vast factory sector flatlined as exports shrank and jobs were cut, in a slowdown across …
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European factories bounce as Asia struggles, but Brexit poses threats
judge-james
U.S. shale oil’s Achilles heel shows signs of mending
July 1, 2016 by elegant · Leave a Comment
Since the beginning of the U.S. fracking revolution, oil producers have struggled with a vexing problem: after an initial burst, crude output from new shale wells falls much faster than from conventional wells. It also helps explain shale drillers'
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U.S. shale oil’s Achilles heel shows signs of mending
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Oracle ordered to pay HP $3 billion in Itanium case
July 1, 2016 by elegant · Leave a Comment
A California jury ordered Oracle Corp to pay Hewlett-Packard Enterprise Co $3 billion in damages in a case over HP's Itanium servers, an Oracle spokeswoman said on Thursday. The Itaniuum processor is made by Intel Inc . In the first phase of trial in 2012, Santa Clara Superior Court Judge James Kleinberg ruled that there had been a contract.