A new rule going into effect Sunday could cost you more when shopping with a credit card at some stores. Visa and Mastercard have agreed to let merchants add a service charge equal to the cost of processing a credit transaction to the bottom line. The cost of processing is usually 1.5 to 3 perc cent, and merchants are capped at a 4 per cent fee under the agreement.[Snip]Merchants will still not be allowed to add a surcharge to debit card transactions. However, few stores seem interested in raising their customer´s costs. ´We have discussed the settlement with many,
As the football commentators might put it, it was a week of two speeches.[Snip] Mr Obama’s oration got remarkably little analysis in the British press--perhaps because second presidential inaugurals are something of a dramatic let-down. Or maybe because what he said sounded so tired and familiar to British ears. Indeed, the words that created a storm of partisan recrimination in the United States because they were so contentious in domestic terms--an aggressively uncompromising new stand in the war of attrition between the Democratic White House and a Republican Congress--came across here as recycled New Labour-speak: “But we have always understood
Just an hour before Memphis Mayor A C Wharton unveiled a plan on Friday to attack gun use by teenagers, two teenagers were wounded in a gun battle in the parking lot of the Westwood Community Center in southwest Memphis. "Enough is enough," said Wharton, who had made a similar protest when he appeared at Westwood in September to condemn a killing at the same community center. "There are too many doggone guns on our streets," the mayor said Friday. "All you have to do is watch the news, read the newspapers and in some neighborhoods walk out on the
A number of progressive pundits have been urging Obama and the Democrats to sweep aside all opposition to their ultra-leftist agenda by destroying the Republican Party. Leading the pack of yapping hyenas is John Dickerson, who in an op-ed piece for Slate Magazine urged Obama to “go for the throat” and “destroy the GOP” in order to achieve his transformational goals.
Former Alaska Gov. Sarah Palin is out of a job at Fox News, freeing the host of "On the Record with Greta Van Susteren" to begin rehab from the long and exhaustive task of lobbing softballs. So the question is, as Van Susteren recovers, what will Mrs. Palin do? The possibilities are endless. Which of these do you think she´ll pick? •Sign on as the official cheerleader for the Palin-Davis Iron Dog snowmachine racing team? •Challenge Democrat Mark Begich for a Senate seat to which she always believed former Gov. Frank Murkowski should have appointed her?
Speaker John Boehner (R-Ohio) is sharing his regrets about his "fiscal-cliff" strategy, less than a month after the House bitterly swallowed a last-minute deal hatched in the Senate. In a private speech to the Ripon Society on Tuesday, Boehner said that he should have taken a different course after the November election by immediately demanding that the Senate produce a bill to avert the worst parts of a combination of tax increases and spending cuts that were due to hit on Jan. 1. Instead, Boehner delivered a formal speech at the Capitol on the day after President Obama won a second term,
Tehran - Iran´s defense minister on Saturday called for the formation of a joint military organization among Muslim states, Press TV reported. "We have proposed the establishment of a military organization comprising Muslim countries´ armed forces in order to defend the rights of the oppressed people" including Palestinians, Brigadier General Ahmad Vahidi was quoted as saying. Muslim states should not be third-rate powers, but must turn into one superior military power and do not allow any aggressor to think about invading Islamic countries, said the Iranian defense minister.
Freshman Senator Ted Cruz challenged the Republican Party to return to championing growth and opportunity for the lower and working classes during a lunchtime address at the National Review Institute Conference Saturday afternoon. Speaking without a lectern or notes, Cruz moved easily around the stage as he presented his vision for the Republican Party’s future to the audience at the conference. “The policies of the Obama administration have fundamentally failed the communities struggling to climb the economic ladder,” Cruz said.
Charles Krauthammer entered to a standing ovation. The audience sat enthralled throughout his 90 minutes on stage and then gave him another standing ovation as he exited. Roughly 500 people gathered together Friday for the first evening of National Review Institute Summit to discuss the future of conservatism in America. Krauthammer, a nationally syndicated columnist and Fox News regular, discussed what Republican party’s past and future in a wide-ranging on-stage interview with current National Review editor—and onetime Krauthammer research assistant—Rich Lowry. “I’m happy to be anywhere where Juan Williams can’t interrupt me,” Krauthammer quipped at the beginning of the interview.
The North Atlantic Treaty Organization (NATO) military alliance says it has made the first set of Patriot missiles operational on the Turkey-Syria border. The Netherlands was the first of three countries to activate its Patriot missile batteries in the southern Turkish city of Adana on Saturday. NATO’s Supreme Allied Commander for Europe Admiral James Stavridis has backed the deployment of Patriot missiles, saying it shows the alliance’s willingness to defend allies facing threats. The NATO missile systems are slated to remain in Turkey for a six-month period, which the military alliance may
Washington - Senior Japanese and U.S. officials have agreed to cooperate to improve the capabilities of northwest African countries to combat militant groups as part of a regionwide counterterrorism campaign. The agreement, reached at a meeting Friday in Washington between Ambassador to the United States Kenichiro Sasae and U.S. Undersecretary of State for Political Affairs Wendy Sherman, came after dozens of foreign workers, including 10 Japanese nationals, were killed by Islamic militants during last week’s hostage crisis at the Ain Amenas gas complex in Algeria.
Fukuoka - Erectile dysfunction drugs and a phenol found in green tea may be effective in fighting cancer when administered together, according to research on mice conducted by a Kyushu University academic. In the study published Friday in the Journal of Clinical Investigation, professor Hirofumi Tachibana said the treatment’s clinical trials on humans are scheduled to begin in the United States later this year. But he cautioned the public against trying the concoctions at home due to possible side effects. In 2004, Tachibana found that the EGCG type of catechin found in green tea suppressed cancer
As President Obama faces pressure on the left to defend federal entitlement programs from the benefit cuts that the Republicans say are necessary to keep the programs solvent decades down the road, one part of Social Security could fall short of paying out full benefits within a few years -- even while Obama is still president. Over the long term, Social Security and Medicare have promised tens of trillions of dollars more in benefits than the nation can pay for under current policies. But Social Security´s disability trust fund is in even worse shape, and current estimates say by 2016
I walk to the security desk in the lobby of what could be any of this city´s downtown office buildings filled with lawyers, architects and finance firms. "I´m here to see Travis Kalanick at Uber." "You´ll have to email him, they´re very secretive. And take a seat." I sit down and send a note to say I have arrived for the interview. Nearby, several middle-aged men, all wearing black suits, white shirts and ties, listen to a young guy in jeans, orange socks and sneakers. He is consulting a MacBook as he talks to them. "Your account is no longer active, due to quality concerns from negative feedback," he says to
In any other media era, this would be a badge of shame for any journalist. But today, with the media openly championing all things Obama, Steve Kroft of "60 Minutes" gets a sweet ´attaboy from Politico; although you know Politico must be awfully jealous. (Snip) If news of a joint Barack Obama-Hillary Clinton interview to air Sunday came as a surprise, the man the White House chose to conduct the interview did not. Every politician has his or her preferred interviewer: for President Obama, that’s Steve Kroft of “60 Minutes.” If news of a joint Barack Obama-Hillary Clinton interview
Springfield - Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state´s hemorrhaging pension system during this month´s lame-duck session. Standard & Poor´s Ratings Service downgraded Illinois in what is the latest fallout over the $96.8 billion debt to five state pension systems. The New York firm´s ranking signaled that taxpayers may pay tens of millions of dollars more in interest when the state borrows money for roads and other projects. "It's absolutely bad news for taxpayers,"
Companies should be able to ask their employees about whether they hope to have children, Sheryl Sandberg, one of the most senior women in Silicon Valley, said. Ms Sandberg, chief operating officer of Facebook, said that women are held back at work by stereotypes firms are unwilling to talk about. She said employees faced non-overt discrimination as well as overt discrimination and a lack of flexibility. The 43-year-old mother-of-two called for a much more open dialogue about gender, which included discussing with female employees whether they plan to have children,
Subway restaurants is now saying it will live up to its promise of a foot-long sandwich. Days after two men filed a lawsuit contending the world´s largest fast-food chain was skimping on its sandwich size, the company said it regrets ´any instance where we did not fully deliver on our promise to our customers.´ Subway will ´ensure that every SUBWAY® Footlong sandwich is 12 inches at each location worldwide,´ according to a statement released by the company. Scroll down for video -Subway also told Eater.com it has ´redoubled our efforts to ensure consistency and correct length in every sandwich
Congressman Frank Wolf (R-VA) is absolutely right and Secretary of State Hillary Clinton’s calculating congressional testimony this week confirms it: Congress must appoint a select committee to investigate the terrorist attack in Benghazi on September 11, 2012. (Snip) The Republican majority in the U.S. House of Representatives is the only public watchdog left in America at the moment, and Congressman Wolf should be commended for believing that the Benghazi attack and botched response from the Obama Administration rises to the level of deserving a select committee.
A federal court delivered a serious blow to the Environmental Protection Agency’s renewable fuel agenda, ruling that the agency exceeded its authority by mandating refiners use cellulosic biofuels, which isn’t commercially available. The court sided with the country’s chief oil and gas lobby, the American Petroleum Institute, in striking down the 2012 EPA mandate that would have forced refineries to purchase more than $8 million in credits for 8.65 million of gallons of the cellulosic biofuel. However, none of the biofuel is commercially available. “[W]e agree with API that EPA’s 2012 projection
Have you heard much about President Obama’s $787,000,000,000 economic “stimulus” (now estimated to cost $831,000,000,000) lately? In its last report, published in 2011, the president’s own Council of Economic Advisors released an estimate showing that, for every $317,000 in “stimulus” spending that had by then gone out the door, only one job had been created or saved. Even in Washington, that’s not considered good bang for the buck. Moreover, that was the fifth consecutive “stimulus” report that showed this number getting progressively worse. Alas, that was the last report
When I heard that the D.C. Circuit Court of Appeals ruled President Obama had violated the Constitution for making recess appointments to the NLRB while the Senate was still in session the first thing that came to mind was Richard Cordray. The same day Obama made the NLRB appointments he also appointed Cordray to head up the Consumer Financial Protection Board. Senate Republicans had filibustered Cordray’s appointment in 2011. There is a separate lawsuit before the courts challenging the constitutionality of Obama’s appointment of Cordray. No doubt the Obama Administration was anticipating this ruling. It was only yesterday
A day after watching a 6-year-old neighborhood boy fly through the air when he was fatally struck by a teenage driver suspected of being intoxicated, Jane Withers refused to leave the spot where the boy´s mother tried in vain to save him. Overcome by the magnitude of the tragedy that left Brandon Abrams´ family grieving and a 17-year-old jailed on intoxication manslaughter charges, Withers helped set up a makeshift memorial soon after the incident at 6 p.m. Thursday in her Northwest Side neighborhood.
In a blockbuster one-hour investigative special that aired on Fox News´ "Hannity" on Friday, Peter Schweizer, Steve Bannon, and Sean Hannity exposed how Washington, D.C. has extracted power and money from the United States into a centralized location to become the country´s greatest "boomtown," despite not creating anything. Schweizer, the president of the nonpartisan Government Accountability Institute, highlighted how the permanent political class that relies on lobbying and influence peddling makes more money by "growing the size of government," which leaves no incentive on either side of
You likely have a cellphone that you bought from a carrier, like AT&T, Verizon or Sprint, and that phone only works on that carrier´s cellular and data network -- unless you "unlock" it. That is a software process that allows the phone to work on other carriers if you put in a new SIM card or want to take the phone to another carrier for service. If that sounds complicated to you and like something you wouldn´t bother with, then today´s news won´t matter to you. But if that´s something you´ve done before or have thought about doing,
Sen. Tom Harkin (D-Iowa) has told the Associated Press that he will not seek reelection in 2014. “It’s just time to step aside,” Harkin, 73, told AP, noting that he would be 81 be the end of another term. Harkin’s decision makes him the third senator up for reelection this cycle to announce his retirement. Sens. Jay Rockefeller (D-W.Va.) and Saxby Chambliss (R-Ga.) have both announced they will not seek another term. Harkin is in his fifth term and has become one of the most outspoken liberals in the Senate in recent years. Over the past few weeks,