Walmart Canada to stop accepting Visa, says fees too high

TORONTO (Reuters) – Walmart Canada stores will stop accepting Visa Inc cards because the credit card provider charges merchants “unacceptably high” fees, the retailer said on Saturday.

Italy’s coast guard says over 1,300 migrants rescued at sea

MILAN (Reuters) – Italy’s coast guard said on Saturday it had picked up at sea 1,348 migrants in 11 rescue operations between Sicily and North Africa, bringing the total number of people saved over the past three days to more than 3,000.

Rio de Janeiro suspends work on Olympics beach volleyball arena

RIO DE JANEIRO (Reuters) – Local authorities have suspended work on the arena hosting beach volleyball events at the Olympics in August due to a missing permit, Rio de Janeiro city officials said on Saturday.

Bernard Starr: Harnessing ‘Senior Power’ to Boost Our Economy

Boosting seniors’ economic contribution is no simple task, but one from which younger generations — and seniors themselves — will greatly benefit. The first step, as I explain below, is to harness senior power.

Read more: Longevity, Senior Citizens, Economy, Aging Population, Generation War, Social Security, Medicare, Birthrate, Demographics, Economic Crisis, Business News

Penn West sells Saskatchewan assets for $975 million to Teine Energy

(Reuters) – Canadian energy producer Penn West Petroleum Ltd said on Friday that it would sell its Saskatchewan assets, which include holdings in the Viking region, for $975 million to Teine…

‘The Voice’ singer Christina Grimmie dies after Florida shooting

(Reuters) – Christina Grimmie, a rising singing star who gained fame as a YouTube sensation and contestant on television’s “The Voice,” died after being shot while signing autographs at a concert hall in Orlando, police said on Saturday.

Venezuela PDVSA near deals to boost Schlumberger presence: executive

CARACAS (Reuters) – Venezuela’s state oil company, PDVSA, is close to reaching deals to boost Schlumberger’s presence after the oilfield services provider said in April it would reduce operations because of payment problems, PDVSA’s president told Reuters.