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Credit Card Companies Settle Swipe Fee Suit For $6B
Visa, MasterCard and some of the largest banks in the country have agreed to pay more than $6 billion to settle a lawsuit that claimed they conspired to fix credit card payment fees. The suit was brought on behalf of seven million merchants. The agreement could have wide-ranging implications for retailers and consumers. Steve Henn talks to Melissa Block.
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•
3:02
Two Days After Rescue From Bunker, Ethan Turns 6
The little boy survived being held by a killer for nearly a week in an underground bunker. He's said to be acting "like a normal kid" now, and like most children he's likely to be resilient. But experts say he's likely to remember his ordeal for the rest of his life.
IRS cuts over 6,000 jobs in the middle of tax season
The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
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3:39
Where the Jan. 6 insurrection investigation stands, one year later
Officials say the probe is one of the largest and most resource-intensive investigations in American history. More than 700 people have been charged already.
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7:44
Citing Eurozone Crisis, Fitch Threatens Downgrade Of 6 EU Countries
The news comes after Ireland posted disappointing GDP numbers and further pressures the European Union to take definitive action on its sovereign debt crisis.
U.S. Charges 6 Chinese Nationals With Stealing Tech Secrets
A 32-page indictment by federal prosecutors charges the six with economic espionage and trade secret theft. They are accused of stealing wireless technology from a pair of U.S. companies.
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1:21
People across the country offer their opinion of the House Jan. 6 hearings
We hear from people in Los Angeles, Houston, Seattle and Lancaster, Pa., about their reaction to the Jan. 6 hearings. There have been eight hearings so far.
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3:09
A teacher shot by 6-year-old in Virginia is showing signs of improvement
A teacher who was shot by the boy in Newport News is showing signs of improvement as authorities struggle to understand how a child so young could be involved in a school shooting.
Jan. 6 committee hearing focuses on Trump's actions during the attack
The House committee investigating the Jan. 6 attack on the Capitol focused its Thursday hearing on what Trump was doing during the siege. The panel is due to release a report by the end of the year.
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4:49
Visa, MasterCard Come To More Than $6 Billion Settlement With Retailers
Retailers filed lawsuits against the credit card companies for placing restrictions on surcharges. The settlement eases those restrictions.
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