"Wallstreet" Reader

"Wallstreet" Reader


Card Giants to Pay $6 Billion

Posted: 13 Jul 2012 09:51 PM PDT

Visa and MasterCard agreed to pay retailers more than $6 billion to settle a lawsuit in an agreement that also permits merchants to charge higher prices to customers who pay for purchases with credit cards.

Turkey, Poland to Get IMF Seats

Posted: 14 Jul 2012 04:14 AM PDT

Turkey and Poland will for the first time hold seats on the International Monetary Fund's executive board under a political agreement reached in recent weeks.

Macy's Trips Up Penney in Martha Stewart Case

Posted: 13 Jul 2012 06:44 PM PDT

Struggling retailer J.C. Penney was dealt another setback when Macy's gained a preliminary injunction in its case involving Martha Stewart Living merchandise.

Pressure Mounts on P&G's Chief

Posted: 13 Jul 2012 09:47 PM PDT

Activist investor William Ackman got some help Friday, as some mainstream shareholders voiced support for his effort to shake up Procter & Gamble's management and strategy.