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...Bernstein's McDonald. Then there's the issue of talent loss. As Citigroup's troubles have continued, the bank has begun to lose executives to rivals. The most notable departure thus far is Ajay Banga, who headed the bank's Asia Pacific operations. He left Citigroup last month for MasterCard...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...downward trend continues, though, is far from a sure thing. With scattered signs of economic rebound, consumers might soon feel confident enough to start spending more on everything from summer fashions to new cars and doing it with borrowed money. On June 4, an executive with MasterCard suggested that people were already starting to inch in that direction. Speaking at an investor conference, he said that thus-far unreleased results of the company's monthly spending survey indicate that while people were still spending less, the rate of decline has slowed. MasterCard runs the systems that process credit- and debit...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...Rainbows” most likely did so out of a moral desire to reward the group for their work rather than a direct estimation of the songs’ monetary worth. Thus the question of music’s value is still unsolved by this scheme.Of course, a Mastercard commercial would tell us that music is “Priceless,” and as far as emotional value is concerned, this cliché is right on the money. Perhaps monetarily, though, the correct phrasing consumers are looking for is “without price?...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: Life, Liberty, and the Pursuit of Free Music | 3/5/2009 | See Source »

...Indulgences (no relation here to bubble baths or truffles) have been part of Catholic doctrine since the Crusades. When the Church offered them for sale in the 1500s - call it mercy for money - religious reformer Martin Luther protested. These days, they can't be bought. "How does that MasterCard ad go?" muses Sister Mary Ann Walsh, spokeswoman for the U.S. Conference of Catholic Bishops. "Some things are priceless." (See pictures of Pope Benedict XVI visiting...

Author: /time Magazine | Title: Why Catholic Indulgences Are Making a Comeback | 2/22/2009 | See Source »

Better Best Western. If your company is cutting back on premium hotel stays for business travel, keep in mind that you can stay at any Best Western hotel from now through Feb. 14 and earn up to quadruple points when you pay with a MasterCard. That means, if you join Best Western Rewards, you may be able to earn a free stay after just four nights. Plus, this isn't your father's Best Western: Many hotels now have 42-inch flat-screen TVs in the rooms, with nary a polyester quilted bedspread in sight. Pretty luxe for the price...

Author: /time Magazine | Title: Travel News: It's Rodeo Season! (Plus, Restaurant Week in New York) | 1/8/2009 | See Source »

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