A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.
Category: internal-storyline-no
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Why BlackRock’s Larry Fink Wants to Rethink Retirement
Larry Fink, who leads the world’s biggest asset manager, warns in his annual investor letter that an aging population will soon pose huge economic troubles.
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Higher Bid, and National Security Concerns, for Vista Outdoor
MNC Capital has raised its takeover offer for Vista Outdoor, the owner of Remington ammunition — and amplified worries about a non-American rival bidder.
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‘Cherry on the Cake’: How China Views the U.S. Crackdown on TikTok
Dan Wang, an expert on China’s technology sector, says Beijing would see a forced sale or ban of the social media platform as a propaganda coup.
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The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.
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Hiring Suleyman Extends Microsoft’s AI Lead
Hiring Mustafa Suleyman, the DeepMind co-founder, is a coup for the tech giant’s ambitions. But regulators may be skeptical.
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Investors Shrug off Nvidia’s ‘A.I. Woodstock’
The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny.
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The Activist Investor Dan Loeb Enters The Chip Wars
The hedge fund mogul has been bankrolling a European patent fight against Intel, Dell, Amazon and other tech giants.
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The Big Dilemma Facing ByteDance’s US Investors
Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.
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TikTok Faces a Senate Showdown
A bill to potentially ban the video app breezed through the House, but its fate is less certain in the upper chamber as Big Tech weighs the wider implications.