Retailers including Wal-Mart Stores Inc. and Target Corp. were handed a defeat by a U.S. appeals court, which upheld Federal Reserve rules governing how much banks can collect for debit-card transactions.
U.S. employers probably added more than twice as many workers to payrolls in January than the prior month while the jobless rate held at a five-year low of 6.7 percent, data in the coming week may show.
A retail-industry group asked the U.S. government to delay plans to expand the Internet’s address system, saying store owners need more time to assess the impact of adding hundreds of Web suffixes such as .bank and .nyc.
Facebook Inc., Wal-Mart Stores Inc. and other companies planning to use facial-recognition scans for security or tailored sales pitches will help write rules for how images and online profiles can be used.
Bankers and retailers are resuming their fight over responsibility for losses from cybertheft as Congress weighs responses to a security breach at Target Corp. that exposed data from tens of millions of accounts.
U.S. Senator Richard Durbin’s office told retailers that their efforts to have Congress rein in credit-card swipe fees will be imperiled if they support a $6.6 billion settlement with Visa Inc. and MasterCard Inc.
The National Retail Federation said it will try to block a settlement of as much as $7.25 billion with Visa Inc. and MasterCard Inc. over the fees they charge stores when customers pay with credit cards.