Word: businessese
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California has a record of aggressive conservation standards that have paid off. Despite an increase in population and more appliances consuming power in homes and businesses, per capita energy consumption in California has remained flat for the past 30 years. The energy efficiency campaign began in 1975 with refrigerators; today...
The report, released Thursday by a coalition of retailers, supermarkets, drugstores and other businesses, found that Americans currently pay about $2 in "interchange" fees for every $100 they spend using credit cards. The fee is actually paid by retailers, though consumers feel it in a higher retail price. This rate...
Banks began charging interchange fees in the 1960s to cover the cost of processing credit-card transactions. "But even as technology has dropped that cost dramatically, banks and credit-card companies have pushed swipe fees higher and higher, turning it into a cash cow," the report notes. "For many businesses...
After 27 years of serving ice cream to the Harvard Square masses, Herrell’s Ice Cream’s Dunster St. location may close as early as November.Financial pressure from rising costs and a new competitor in town with prime real estate on Mass. Ave. snowballed into ?...
But now Ezzeddine's schemes - supposed investments in oil, publishing, metals and television, spread out from the Gulf to Africa - are unraveling on a spectacular scale, and it is casting Hizballah in an unflattering light. The house of cards began falling earlier this month, when his businesses went bankrupt, ostensibly...