This week, Sears Holdings Corp. filed a lawsuit against one manufacturer and lost a suit brought by a different toolmaker. In a company blog post from May 15, Sears Holdings chairman and CEO Edward Lampert announced that the company would be “taking a …
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Battle Over Debit Card Swipe Fees Continues
A debit card swipe fee regulation that has saved business owners more than $40 billion over the past five years may be in danger of being repealed through a recently proposed bill, according to the National Retail Federation (NRF). What is the …
Read More »Home Depot Customer Information Exposed
A spreadsheet including about 8,000 Home Depot customers’ transaction details and personal information was briefly posted on a Home Depot website for an unknown length of time, according to The Atlanta Journal-Constitution (AJC). Although financial data was not included in the information, this comes a …
Read More »US Lumberyards Expected New Tariff, ‘Domino Effect’ on Prices
A new U.S. tariff on imported Canadian softwood lumber, such as pine, is the latest change to an old trade debate between the two countries. The U.S. government, as of late April, is implementing a 20 percent tariff, or import …
Read More »Amazon Charging Sales Tax in More States
Amazon now charges state sales tax in every state that has one. That means, as of April 1, Amazon started paying state sales taxes in Hawaii, Idaho, Maine and New Mexico, CNN Money reports. The only states where the company …
Read More »Small Businesses and the Regulation Struggle
No surprise here: Government rules can cost small businesses big time. New research from the National Federation of Independent Business (NFIB) shows that overregulation increasingly costs small business owners time, effort and money. The sheer quantity of regulations is a …
Read More »Delay Likely for Sherwin-Williams’ Purchase of Valspar
The Sherwin-Williams Co. announced this week that its deal to buy The Valspar Corp. likely won’t close as soon as planned. When the two U.S. paint companies publicized the purchase agreement in March 2016, they expected the $11.3 billion deal to go …
Read More »Banks, Retailers Spar Over Credit Card Swipe Fees
Financial institutions and retailers are revisiting a disagreement over limits on credit card swipe fees, Reuters reports. The Dodd-Frank Act, which became law in 2010, established regulations within the financial services industry. One of those regulations was a limit on how much …
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