Visa rescinds rule, Justice backs down

Visa is rescinding a rule that requires merchants to treat Visa-branded PIN-debit cards differently than signature debit cards.
The rule is being rescinded as the […]

Yahoo tries to fend off Icahn assault

Yahoo Inc. is starting to meet with its major shareholders in hopes of fending off activist investor Carl Icahn.
Icahn is trying to overthrow Yahoo’s […]

Fortis bank to scrap dividends

Dutch bank Fortis will issue $2.35 billion in new shares and scrap cash dividends for the year to shore up its balance sheet.
Fortis was […]