By Vincent Taylor, vtaylor@opisnet.com Copyright, Oil Price Information Service As expected, the National Association of Convenience Stores is taking its battle over debit card swipe fees to the U.S. Supreme Court. The association said that today it asked the Supreme Court to hear NACS’ appeal of a March 21 federal appeals court ruling that upheld…
DetailsPrinted in the September issue of Michigan Food News magazine MIRA Board member and MGA’s Associate Member Prairie Farms Dairy promoted Gary Davis to National Sales Manager, effective October 1. Davis and his wife, Sharon, will move to the greater Saint Louis, Missouri, area. Prairie Farms, along with its joint ventures and subsidiaries, have 36…
DetailsAuthor of swipe fee cap rule now says retailers are right, and “consumers have suffered” from excessive bank fees In the years since the Federal Reserve’s cap on debit card swipe fees took effect, retailers and banks have continually argued whether the cap was set higher than Congress originally intended. This week, Senator Richard Durbin…
DetailsFederal Reserve report reveals huge mark-ups by banks on debit card transaction fees, causing ripple effect in retail industry A new report published by the Federal Reserve Board last week reveals further evidence that big banks continue to reap huge dividends from the fees they charge for debit card transactions. The report found that the…
DetailsIn lieu of the recent news that a second health care worker in Dallas, Texas, tested positive for Ebola virus this week, NGA has developed a document to provide our members with information and resources they may need regarding the Ebola virus and to address growing public concerns. It is important to emphasize that the Ebola…
DetailsThe world is seeking constructive and efficient controls to prevent the spread of the Ebola virus. Our hearts go out to those – both domestically and internationally – who have been infected with this disease, and we applaud the valiant efforts of the devoted medical staff who are treating Ebola Virus Disease patients and battling…
DetailsUpdated as of October 29, 2014 This list provides Third Party Processor options for SNAP-authorized retailers who may not know where to obtain EBT equipment and services. All SNAP- authorized retailers, except those exempted below, must pay for their own EBT equipment and services and should arrange for lease or purchase of EBT equipment and…
DetailsA Republican freight train roared through Michigan, the likes of which has not been seen for some time. Republicans for the top statewide offices were swept to victory as voters returned Governor Rick Snyder, Attorney General Bill Schuette and Secretary of State Ruth Johnson to office for another term. Republicans maintained their 5-2 majority on…
DetailsFor over 50 years, Federal legislation prohibited gambling over phone lines and later the internet. In 2011, the Department of Justice announced it was completely re-interpreting the law to only prohibit sports betting. This opened the flood gates for all forms of internet gambling…including the sale of lottery tickets online. NACS is supporting legislation that…
DetailsAgencies will launch preliminary inquiry into program potentially targeting tobacco sales, in response to requests from congressmenThe Federal Deposit Insurance Corporation (FDIC) and the Department of Justice (DOJ) have said that they will both launch investigations into a much-criticized federal initiative, called “Operation Choke Point.” Operation Choke Point is designed to go after banks and…
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