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Month: December, 2009

Payback: Card Lawsuit Payout to Retailers

16 December, 2009

An antitrust lawsuit settlement will force Visa and MasterCard to make a $1.1 billion dollar payout to retailers. AP reports that the payout was the result of a class action antitrust lawsuit that claimed that both Visa and MasterCard attempted to fix prices and restrict trade.
The suit was over Visa and Mastercard having forced merchants [...]

Fewer Shoppers Using Plastic this Season

16 December, 2009

Although end of the year shopping and last minute sales usually inspires most Americans to rely on their credit cards and put their purchases on plastic, the end of 2009 is shaping up to be an exception to the rule. According to a recent feature in the Wall Street Journal, fewer shoppers are using their [...]

Imax at the climax

12 December, 2009

Sept. 30 was a huge day for Imax, and that was the morning Jackson Myers chose to sleep in. “I was in bed, and suddenly these calls are coming in with people yelling that I have to get a release out.” Apparently, the Walt Disney Co. was acquiring the giant-screen maker for US$1.5 billion, [...]

Capital Region attorneys form a new law firm

12 December, 2009

Towne, Ryan & Partners P.C. is the name of the newly formed firm that was created by the three principals of Towne, Bartkowski & DeFio Kean P.C., along with attorneys Claudia Ryan and Christopher Lyons.
The principals of the new firm, in addition to Ryan and Lyons, are James T. Towne Jr., Susan F. Bartkowski, and [...]

How to save money commuting: Take public transit

10 December, 2009

That’s what the American Public Transportation Association says in its latest analysis of the costs of driving compared to taking public transportation. It calculates that the transit option can save an average commuter $9,171 a year.
APTA doesn’t study smaller metropolitan areas such as the Capital Region. But in New York City, annual savings would total $13,728, it [...]

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