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...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, swipe fees are now their single highest non-labor operating cost...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...owner Jeffrey Stanett, making its continued operation impractical, if not impossible.Instead, Stanett said he plans to open a casual restaurant by next spring in an expansion of Herrell’s current location, which he plans to call First Printer Restaurant, Bar, and Grill.Stanett said that labor and materials expenses have grown for the store, and rent has shot upward of $10,000 per month. Consequently, the ice cream shop has not turned a profit for the past 4 or 5 months and has taken subsidies from Stanett for the last few years.But the single largest factor in Herrell?...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Herrell’s Ice Cream To Stop Serving | 9/17/2009 | See Source »

Union activists and students at yesterday’s labor rally added to their tried-and-true repertoire of bullhorn blasting and sign waving by walking to Mass. Hall to deliver a modest gift to University President Drew G. Faust: a bag labeled “Get Well Harvard,” filled with cards from protesters...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Protesters Highlight Health Concerns | 9/17/2009 | See Source »

Abigail S. Brown ’11, a member of the Student Labor Action Movement, said that officials need to understand that there are “all sorts of people that make up Harvard and need to be recognized as valuable.” While yesterday’s actions were not intended to be conciliatory, Brown said SLAM would be employing various new strategies this year, hopefully embodying more “positive spin” than in the past...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Protesters Highlight Health Concerns | 9/17/2009 | See Source »

...having an impact. Along with St. Louis, Mo., blogger Jim Hoft, whose site is called Gateway Pundit, Beck pushed one of Obama's so-called czars, Van Jones, to resign during Labor Day weekend. Jones, whose task was to oversee a green-jobs initiative, turned out to be as enchanted by conspiracies as Beck - he once theorized that "white polluters and the white environmentalists" are "steering poison into the people-of-color's communities" and signed a petition demanding an investigation into whether the Bush Administration had a hand in the 9/11 attacks. On Sept. 14 the Senate overwhelmingly voted...

Author: /time Magazine | Title: Mad Man: Is Glenn Beck Bad for America? | 9/17/2009 | See Source »

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