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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (12769)10/4/2004 1:28:39 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Mastercard
can someone explain this to me in English?
I have no clue what this says
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MasterCard 'disappointed' by Supreme Court decision (AXP, KRB) By Carla Mozee
SAN FRANCISCO (CBS.MW) -- MasterCard said Monday it was 'disappointed' by the Supreme Court's decision not to review lower court decisions that it said will require it to overturn its Competitive Programs Policy card-issuance plan. "The decisions by the trial court and the appeals court benefit only American Express (AXP) , the high priced payment option, rather than the consumers that antitrust law is supposed to protect," MasterCard said in a statement.



To: yard_man who wrote (12769)10/4/2004 1:32:54 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Bush signs tax bill in 'swing state' of Iowa

Just in time for the election, President Bush is going to one of the most contested states to sign his fourth tax cut in four years. The White House held the signing ceremony Monday at a YMCA in Des Moines, Iowa, a Democratic area of a state that Bush lost by a razor-thin margin in 2000.
.......
The tax relief will cost $131.4 billion in government revenue over the next decade. In addition, Republicans added provisions to extend 23 tax breaks for businesses that were set to expire. The biggest item in this group, which costs $12.97 billion, is a tax credit to businesses for research and development.

cnn.com