Banks and retailers clash over debit card fees in Congress
Washington debate pits JPMorgan Chase Bank of America against Walmart Target Visa and MasterCard as lawmakers merge financial overhaul bills. Senate measure would cap interchange fees for banks and networks, House bill lacks such limits. Banks say fees reflect secure systems costs while merchants argue they are too high.
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Washington
Jpmorgan Chase
Bank of America
Visa
MasterCard
Walmart
Target
Federal
Wall Street
House
Senate
Federal Reserve
iPhone 4 debut brings sharper screen and new features
Apple unveils the iPhone 4 at its developers conference with a thinner body a front camera for videoconferencing a five megapixel rear camera and HD video. The device will cost 199 or 299 with a two year AT&T contract and ships June 24. The iPhone 3GS remains at 99. iOS4 introduces multitasking and other updates. Older iPhones receive iOS4 as a June 21 download. FarmVille will be among new apps.
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San Francisco
Steve Jobs
Apple Inc
United States
At&t
Jobs
Apple
Jobs demonstration interrupted by Wi Fi congestion at Apple event
Apple chief Steve Jobs tried three times to compare iPhone 4 screen clarity with a predecessor but failed as the conference Wi Fi network clogged with devices slowed access to the New York Times page. He switched to backup phones and urged attendees to disable wireless connections while staffers investigated the issues.
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San Francisco
Apple Inc
Steve Jobs
Jobs
Decessor’s
New York Times
Apple
Google Inc
Google
Couche-Tard nominates nine directors to challenge Casey's bid
Couche-Tard announces a nine-member slate to oppose Casey's General Stores board nominees. The move aims to influence the September annual meeting as Couche-Tard pursues a possible merger. The all-cash tender valuing Casey's around 1.9 billion dollars expires July 9.
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Dave DeWitte
Vacette
Casey’s General Stores Inc
Alimentation Couche-Tard Inc
Casey’s
Casey
Alain Bouchard
Couche- Tard
Couche-Tard
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Jeffrey Brown
Home News Enterprises
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Shell Oil Products US
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Dugan & Voland
Coriden Law Office
Mickey Kim
Kirr, Marbach & Co
David O. Mann
Spring Mill Venture Partners
Kevin Martin
Johnson Ventures Inc
David McKinney
Reams Asset Management Co
Marc Rothbart
Siho Insurance Services Inc
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