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When Merchants Block Out Credit
Maybe this has happened to you. You're on a long business trip. You have checked into a series of hotels and rented cars from several agencies. One evening, you invite customers or colleagues to an expensive restaurant for dinner. The waiter brings the check, takes your card, and then brings it back and says there is a hold on your account.
You'v ...
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Visa, MasterCard Agree to Settle Antitrust Lawsuit
The Department of Justice and seven state attorneys general filed an antitrust lawsuit Monday against Visa, MasterCard and American Express, charging that the credit card networks' rules prevent retailers from providing discounts to consumers.
At an afternoon press conference, Attorney General Eric Holder said Visa and MasterCard have agreed to a ...
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Tips On Securing Merchant Status
While start-up businesses without an actual storefront have the most trouble obtaining approval to take bank credit cards, new businesses with storefronts and even existing businesses should be cautious when establishing merchant status or changing their terminal equipment or processing company.
Consumer-protection laws, as their name implies, we ...
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SDA Outlines 2010 Agenda, Announces Name Change
The Soap and Detergent Association (SDA; Washington) will step up its efforts to promote sustainability, strengthen the group's influence on emerging chemical management regulation, and emphasize the industry's contribution to enhancing health and quality of life, says Frank Sherman, SDA board chair and general manager of AkzoNobel Surface Chemistr ...
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Make Getting Paid Easy on Yourself And Your Clients
In addition to providing the best possible representation for your clients, you work hard to alleviate their fears and concerns. Why not take the worry out of getting paid, too?
With ABA Member Advantage and Bank of America Merchant Services, it's easy to start accepting credit cards… wherever you are. The First Data? FD400 terminal is a wireless ...
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Fast, Shallow And Wide for Low-Cost Lo-Till
Farmers looking to lower the cost of tillage should be working shallower, wider and faster, according to professor of agricultural engineering Dick Godwin.
He was speaking at a seminar at the first Bath and West machinery show at Shepton Mallet last week.
Farmers shouldn't forget compaction management, either, he added. "The aim of any tillage is ...
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From the West Bank, Fair-Trade Olives
Nasser Abufarha was sipping coffee at a Madison [Wis.] cafe called Michelangelo's a few years back when it dawned on him how he might help struggling olive growers in his native Palestine. If the crowd could derive virtuous pleasure from mugs of "fair trade" organic coffee, they might be convinced of the superiority of organic oil pressed from West ...
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Hole Sale
THE bill for China's bank-lending spree is coming due. An announcement on February 23rd by China's fifth-largest lender, the Bank of Communications (BoCom), of a 42 billion yuan ($6.15 billion) rights offering, created a stir in Asian financial markets--not because it was unexpected, but because it represents the biggest fund-raising effort by a ma ...
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The Return of Frank Quattrone
FORGET GORDON GEKKO: The biggest comeback kid of 2010 is Frank Quattrone. The star technology banker, who spent years battling charges that he improperly handed out IPO shares in exchange for business, suddenly seems to have his hand in every big deal in Silicon Valley. His new firm, Qatalyst Partners, advised data-storage firm 3Par on its sale thi ...
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Return of The Clintonistas
AS THE White House girds itself for battle with the new Republican majority in the House of Representatives, it is drafting some fresh recruits. On January 10th David Plouffe, the manager of Barack Obama's presidential campaign, reported for duty as an adviser. He was joined two days later by William Daley, Mr Obama's new chief of staff. The presid ...
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