WASHINGTON, D.C. — Small merchants and their customers scored a win today with the Antitrust Division of the Department of Justice’s historic enforcement action that found Visa and MasterCard guilty of violating the Sherman Act with their anti-competitive and deceptive credit card pricing policies. Continue Reading…
Hedge Funds Running up Crude Oil Again!
Oil Price Information Services
Date: November 8, 2010
Even before the federal reserve gave some details on its quantitative easing or “QE2″, fund managers amassed another record long position in WTI crude oil futures, latest data from the Commodity Futures Trading Commission (CFTC) shows. Continue Reading…
Connecticut Seeks $3 Million from ExxonMobil
State Says Company Owes The Money
By: Josh KovnerThe state is trying to reclaim more than $3 million from ExxonMobil, saying the former Exxon Corp. was covered by insurance at the same time it was applying for reimbursements from a trust fund meant to help service stations clean up around leaking underground tanks. Continue Reading…