Wal-Mart Sues Visa for $5B

CLASH OF THE TITANS

Updated Apr. 14, 2017 4:41PM EDT / Published Mar. 28, 2014 7:09AM EDT

Frederic J. Brown/AFP/Getty

Now this is a heavyweight bout. Wal-Mart is Visa for over $5 billion over claims that the credit card company was violating antitrust regulations and gouging the retailer (and customers) with its high swipe fees. Swipe fees are the amount paid by retailers to credit card companies for being able to use the cards in their stores. Wal-Mart claims the fees set by Visa caused them to lose business, and made over $350 billion for card issuers. Smaller retailers reached a settlement in 2012 worth roughly $5.7 billion but large corporations like Target and Wal-Mart are pursuing their own lawsuits.

Read it at Reuters

Classified Senate Briefing Devolves Into Shouting Match: CNN

Some Republicans even stormed out of the meeting early.

Sofía Vergara Says Stalker Won’t Leave Her Alone: Report

The ‘Modern Family’ star said a “mentally unstable” man has been harassing her and her son, at one point allegedly mailing her a letter addressing her as “my love.”

Angelina Jolie Links Her Bell’s Palsy to Brad Pitt Divorce

The Oscar winner also said in a new interview that if she were starting out today, she “wouldn’t be an actress,” suggesting that intense public scrutiny has taken its toll.

MTG Claimed Colleague Grabbed and Shook Her in Meeting: CNN

Rep. Richard McCormick says he intended it as a “friendly gesture.”

Texas School Suspends Black Student Again Over Hairstyle

The district’s policy prevents male students from having hair “extend below the top of a t-shirt collar, below the eyebrows, or below the ear lobes when let down.”

Judge Rips Giuliani a New One for Defamation Hearing No-Show

The judge demanded to know whether Giuliani’s lawyer was “falling on his sword” for his client by taking the blame for his truancy.

Serial Killer Jeffrey Dahmer’s Dad Lionel Dies at 87

A source told ‘The U.S. Sun’ that Lionel had been in hospice care since October when his health began worsening after his wife, Shari, died.

Denny Laine, Moody Blues and Wings Musician, Dies at 79

Laine was most famous for forming Wings in 1971 with Paul and Linda McCartney and co-writing the U.K. chart-topper “Mull of Kintyre.”

Wal-Mart Sues Visa for $5B

Frederic J. Brown/AFP/Getty