Business | WAMU 88.5 - American University Radio

Business

RSS Feed
NPR

$6B Deal Eases Credit Card Surcharge Restrictions

Credit card companies Visa and MasterCard along with major banks have agreed to pay several billion dollars to settle a lawsuit brought by retailers. The deal is one of the largest anti-trust settlements in history. The retailers claimed that Visa, MasterCard and the banks conspired to fix the fees that stores pay to accept credit and debit cards. NPR's Wendy Kaufman reports.
NPR

Bain, Bain, Go Away: In Defense, Romney Attacks

In flurry of rare TV interviews, Mitt Romney denied he had any role in running Bain Capital at a time when, according to reports, the company invested in firms that outsourced jobs overseas.
NPR

Credit Card Companies Settle Swipe Fee Suit For $6B

Visa, MasterCard and some of the largest banks in the country have agreed to pay more than $6 billion to settle a lawsuit that claimed they conspired to fix credit card payment fees. The suit was brought on behalf of seven million merchants. The agreement could have wide-ranging implications for retailers and consumers. Steve Henn talks to Melissa Block.
NPR

Apple's Change Of Heart On Green Certification

Apple is rejoining a widely used registry of environmentally friendly electronic devices. The surprise move comes after the company received harsh public criticism for turning its back on its green environmental image.
NPR

Documents Lift Veil On Bank-Rate-Rigging Scandal

The New York Federal Reserve learned in 2007 that some banks might have low-balled the rates they expected to pay for loans from other banks. They may have manipulated the so-called LIBOR rate in an attempt to avoid appearing weak, which would have meant they'd have to pay higher rates, newly released documents show.
NPR

What's It Mean That Romney Was CEO, Anyway?

Documents suggest Mitt Romney was chief executive at Bain Capital for longer than he has said. That's significant — but only to a point.

Pages