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  • Reuters

    Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says

    A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion accord she rejected this week. U.S. District Judge Margo Brodie in Brooklyn made her assessment in an 88-page opinion released on Friday, three days after announcing her rejection of the preliminary settlement. The accord covering more than 12 million merchants would have lowered and capped swipe fees, also known as interchange fees, they pay to handle Visa and Mastercard transactions.

  • GlobeNewswire

    Pacific Software Inc. Obtaining Quotes for the Manufacturing Cycle for Scientifically Tested Medical Food Cocktail Focused on Memory Health

    DANA POINT, Calif., June 28, 2024 (GLOBE NEWSWIRE) -- Pacific Software Inc. ("Pacific" or “Company”) on May 24 2024, the Company announced the acquisition of a science-based dietary supplement supporting brain health and memory function. The supplement, which has been sold for more than 8 years under the brand names SuppleMEM AD™ and A.L.Z. Defense™, features a formula tested extensively by leading Alzheimer's researchers. Through a consultant based in Mexico, we are currently in the process of

  • Yahoo Finance Video

    Why Trump, Biden may need to fear bond vigilantes

    Whether it's President Biden, former President Trump, or someone else, the person occupying the White House in 2025 may have to worry about bond vigilantes. Bond vigilantes are traders that will use, or threaten to use, the bond market to protest the government's spending or its inaction on the deficit. They can sell their bonds, forcing the interest rate to rise and making it more expensive for the bond issuer to borrow. With the US deficit on the rise, whoever wins in November may have to worry about investors attempting to force the government to do something about it. Wells Fargo Investment Institute Global Fixed Income Strategist Luis Alvarado explains that given "the amount of outstanding debt, the amount of deficit that is projected... it can pretty much tell you that there is going to be some sort of reaction from bonds." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Stephanie Mikulich.

  • Motley Fool

    If You'd Invested $1,000 in Apple Stock 27 Years Ago, Here's How Much You'd Have Today

    Steve Jobs' return to Apple in 1997 led to one of the most remarkable stock growth stories in history.

  • USA TODAY

    Colorado couple rescued from camper after thief stole truck while they slept inside

    A Colorado couple sleeping in a camper woke up when a thief started driving off with the vehicle they were attached to, Boulder police said.

  • The Tribune-Democrat, Johnstown, Pa.

    Greater Johnstown board approves school admin shakeup, hire of business manager

    JOHNSTOWN, Pa. – The Greater Johnstown School District board’s special meeting Thursday brought a shakeup in school administration and the hiring of a new business manager. Greater Johnstown Middle School Principal Matthew Ribblett will return to the role of assistant principal at the middle school; Greater Johnstown Elementary School Assistant Principal Ross Houston will become the middle ...

  • The Tribune-Democrat, Johnstown, Pa.

    Steelers to market Laurel Highlands tourism through partnership

    JOHNSTOWN, Pa. – The Pittsburgh Steelers are gearing up for NFL training camp in the Laurel Highlands again this summer, aiming to bring a "Steeler Nation" of tourists with them. Tourism-focused nonprofit GO Laurel Highlands has been named the Steelers' Preferred Vacation Destination Partner. That means landmarks and attractions in Somerset, Westmoreland and Fayette counties will be marketed ...

  • Reuters Videos

    Wall St. ends lower after inflation data, debate

    STORY: U.S. stocks ended lower on Friday as investors digested the latest inflation data and weighed political uncertainty after the presidential debate.After an early rally fizzled, the Dow closed down about a tenth of a percent, the S&P 500 shed four-tenths and the Nasdaq lost seven-tenths of a percent.Friday's personal consumption expenditures price index showed monthly inflation was unchanged in May, with the annual rate ticking down to 2.6%.Traders' bets on a rate cut in September rose to 66% after the report's release, LSEG FedWatch data showed. But Anna Rathbun, chief investment officer at CBIZ, said she wouldn't quite make that same bet."September rate cut, in my opinion, is still a little too soon. Between now and September anything can happen and we really need several months of stable prices, stable inflation numbers I think for the Fed to have conviction. [FLASH] So one cut in December, still very likely. Two, maybe. One in September, probably unlikely."Stocks on the move included Nike, which fell about 20% - its steepest one-day plunge in over two decades.The sportswear company forecast a surprise drop in annual sales as it struggles to compete with newer brands On and Hoka.Optical networking gear maker Infinera jumped more than 15% after Nokia said it would acquire the company in a $2.3 billion deal.And after a shaky debate performance by President Joe Biden against Donald Trump, shares of the former president's Trump Media, parent of his Truth Social, spiked before ending the session down more than 10.5%.

  • GlobeNewswire

    Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to July 28, 2024

    Wilmington, Delaware, June 28, 2024 (GLOBE NEWSWIRE) -- Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from June 28, 2024 to July 28, 2024, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $6

  • CNW Group

    AUGUSTA GOLD ANNOUNCES LOAN EXTENSION

    Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") announces that it has extended the maturity date of its loan (the "Loan") with Augusta Investments Inc. (the "Lender") to September 30, 2024 (the "Extension"). In connection with the Extension, the Company paid an extension fee to the Lender of US$30,399.