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All Tech Considered
5:26 pm
Fri July 13, 2012

Apple's Change Of Heart On Green Certification

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Credit Justin Sullivan / Getty Images
Attendees of Apple's 2012 World Wide Developers Conference look at the new MacBook Pro with Retina display.
Credit Kiichiro Sato / AP
Hundreds of people line up outside an Apple store in Chicago to buy the iPhone 4 in 2010. Apple had removed its products from EPEAT's registry of environmentally friendly electronic devices but later reversed course.
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Originally published on Fri July 13, 2012 9:24 pm

It's not often that one of the world's biggest companies says, "We goofed."

But in a surprising turn of events Friday, Apple admitted it made a mistake in pulling out of an environmental rating system for computers and other electronics. The company said it would rejoin the so-called EPEAT certification system, placing all 39 of its originally certified products back on the list. The company is also requesting certification for more products, including its new MacBook Pro model.

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The Two-Way
5:00 pm
Fri July 13, 2012

Visa, MasterCard Come To More Than $6 Billion Settlement With Retailers

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Originally published on Fri July 13, 2012 8:31 pm

Visa and Mastercard have announced that they will pay retailers more than $6 billion to settle several class-action and individual lawsuits retailers have filed since 2005.

According to a Wall Street Journal story from earlier this month, the settlement stems from complaints that Visa and MasterCard, the largest card-payments networks in the world, prohibited retailers from imposing surcharges to customers using those credit cards.

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Business
4:52 pm
Fri July 13, 2012

Documents Lift Veil On Bank Rate-Rigging Scandal

Credit Olivia Harris / Reuters/Landov
Police wait for protesters to appear at a branch of Barclays Bank in London on July 4.
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Originally published on Fri July 13, 2012 9:24 pm

As the financial crisis began to unfold in 2007, the New York Federal Reserve learned that some banks might have intentionally underestimated the rates they expected to pay for loans from other banks.

Documents the New York Fed released Friday, in response to a request from Congress, show that the banking regulator began to be concerned about the accuracy of LIBOR — or the London Interbank Offered Rate — late in 2007.

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