MasterCard Facing Damages Claim of $18 Billion Over High Swipe Fees

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MasterCard Facing Damages Claim of $18 Billion Over High Swipe Fees

LONDON— MasterCard Inc. MA 0.41 % is facing a damages claim of £14 billion ($18.72 billion) on behalf of U.K. consumers who were allegedly charged higher prices because of the card giant's high swipe fees.
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Bloomberg North September 8 2016 Part1

Apple releases the iPhone 7, but it's missing the headphone jack. Bloomberg TV Canada's Pat Kiernan goes through some of the online commentary.
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Here's How Dell Technologies Will Contend With Amazon in Cloud

Company wants to play in, around, and on top of AWS. Dell Technologies, now officially a company with an estimated $74 billion in annual revenue, wants to be a presence in cloud but will not take on market leader Amazon AMZN -0.05% directly in the …
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Meg Whitman Rewinds Part of HP's Inglorious Past With Software Sale

Whoops, make that spin-merge. With Wednesday's news that Hewlett Packard Enterprise would offload (actually “spin-merge”) its software business to Micro Focus, it's clear that CEO Meg Whitman wants to undo most of HP's acquisitions of the last decade.
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'I'm not a strategist,' says Jimmy John, as equity fund buys majority stake

Jimmy John's founder and chairman of the board Jimmy John Liautaud will “continue to help shape the company's high-level strategic direction,” according to a news release issued Sept.
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