Word: visa
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Dates: during 1990-1999
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...card giant American Express. Steve DiFillippo, owner of Davio's, where a Northern Italian veal-chop dinner for two can run $100, needed to pare costs. He threatened to turn away the American Express card unless Amex reduced its take -- 3.25% of every purchase, vs. 1.7% to 2% for Visa and MasterCard. Last week the combatants struck a truce when DiFillippo accepted Amex's offer of a 2.9% rate, saving him $11,000 a year. Amex also offered him $6,000 of advertising as part of a new nationwide program to rouse diners out of the doldrums. DiFillippo says...
Latest example: Citibank, which last week announced "Citibank Price Protection" for its 30 million MasterCard and Visa holders. The program guarantees that if you buy something with a Citibank card and see the item advertised at a lower price within 60 days, Citibank will refund the difference...
...Federal agents shut the machine-tool company in September and took possession of Wadi's Sunset Boulevard mansion last month, along with his bank accounts, including one that contained $200,000. The Immigration and Naturalization Service ordered Wadi to leave the country by the end of March, when his visa was due to expire, or face arrest and deportation proceedings. As governments assemble more details of Saddam's stolen secret billions, such crackdowns could become increasingly common around the world...
...city where people live to eat out, it is New Orleans. Businessman Tripp Friedler and chef Larkin Selman reopened the intimate Gautreau's there just as the economy fell like a souffle in a cold draft. Their formula: combine more expensive main dishes with less costly garnishes, and visa versa. An appetizer of crab cakes, for example, is accompanied by marinated black beans. Caviar is not out of the question, but it comes from a local fish called choupique (pronounced shoe-pick) and is said to be as good as any other American kind and is a lot cheaper than...
...shame that Gerard Depardieu's visa didn't expire for real...before he ever made this horrendous romantic comedy with Andie Macdowell of the ubiquitous long brown hair and the occasional talent...