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Credit Card Surcharges, Snack Food Subscriptions, Ugly Christmas Sweaters: Dec. 23


Credit Card Surcharges, Snack Food Subscriptions, Ugly Christmas Sweaters: Dec. 23

Illustration by André da Loba

Two recent court cases may result in merchants winning the ability to charge credit-card customers more than those who pay with cash, reports Hilary Stout. [New York Times]

Steve LeVine tells the story of Envia Systems, the battery startup that hoped to power an electric car that could travel 200 miles on a single charge. [Quartz]

Some startups with deep-pocketed backers are developing subscription services for snacks, betting that people will buy food the way they rent movies on Netflix (NFLX), writes Duane D. Stanford. [Bloomberg News]

The stories of the small business owners and ordinary citizens scammed by Jordan Belfort aren’t anywhere to be found in Martin Scorcese’s The Wolf of Wall Street, writes Susan Antilla. [New York Times]

Ann Marie Blackman is finding success in the ugly Christmas sweater business (video). [Fox Business]

Patrick-clark-180x180
Clark is a reporter for Bloomberg Businessweek.

The Aging of Abercrombie & Fitch
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