| Merchant Bill Of Rights Attempts To Educate Retailers About Card ...
A recent survey conducted by supporters of The Merchant Bill of Rights found that many small and mid-sized business owners don't understand credit/debit/prepaid card processing costs, the fees and surcharges they pay, and how these charges impact their bottom line. The Merchant Bill of Rights is proposed as an industry standard to inform and educate business owners about card processing costs and drive savings for small and mid-sized businesses. Nearly 400 merchants nationwide voluntarily responded to the survey. Findings indicate: Only 26 percent of participants believe they are being treated fairly by the debit/ credit/prepaid card processing industry. Only 32 percent understand unfair card processing practices and how they impact their business. Only 21 percent understand the rates, fees and surcharges they pay.
Globalization's Gains Come With a Price
Puebla, Mexico - Like millions of other low-wage workers here, Hermenegildo Flores was supposed to benefit from Mexico's decision to open its economy to foreign trade and investment in the 1990s. For a time, he did. As U.S. companies boosted purchases from Mexican factories, Mr. Flores's salary nearly doubled to $68 a week in 2001. Then foreign competition from places like India, Pakistan and El Salvador intensified: Mr. Flores, who sewed pockets onto blue jeans, says his foreman "would go around shouting, 'If you don't work harder, we are going to shut this plant down and move it to Central America.'" Today, Mr. Flores is unemployed, having accepted a $900 buyout in April after the company switched to new machines. A decade ago, the globalization of commerce promised to be a boon to low-wage workers in developing nations.
California Water Service Group Signs Renewal of Revolving Credit ...
City of Industry, CA --(www.FinancialNewsUSA.com)-- 06/04/2007 - Water Utility industry news provided by Financial News USA (OTC: FNWU). California Water Service Group (NYSE:CWT) recently announced that California Water Service Group and its subsidiaries, California Water Service Company, CWS Utility Services, New Mexico Water Service Company, Washington Water Service Company, and Hawaii Water Service Company, Inc., entered into two unsecured loan agreements with Bank of America, NA ("Lender"). Artesian Resources Corporation (Nasdaq: ARTNA) recently announced that it intends to offer to the public 1,000,000 shares of its Class A Non-Voting Common Stock, plus up to an additional 150,000 shares to cover over-allotments, if any, under its existing shelf registration statement.
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