Merchants seek to void $6 bln Visa, MasterCard, AmEx settlements NEW YORK, July 29- Dozens of retailers are seeking to void nearly $6 billion of U.S. antitrust settlements with Visa Inc, MasterCard Inc and American Express Co after learning that opposing lawyers exchanged confidential information, potentially tainting the accords. A group of retailers filed papers that remain under seal in the Brooklyn, New York federal...
| By: Jonathan Stempel
LG Electronics reports 45 percent plunge in 2Q earnings SEOUL, South Korea- LG Electronics said Wednesday its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business and mobile phones earned little income. The company reported a net profit of 226.4 billion won for the April-June quarter, compared with 411.8 billion won a year earlier. LG's TV business, the world's...
Source: The Associated Press
Inside New York's quirkiest workspace A tour of startup Quirky reveals a highly unique office space, but the recent layoffs at the company highlight the volatility of startups.
| By: Uptin Saiidi