Today's Best Market Rumors (8/15/2012) Payment System to Compete with Google

Investing

Published: August 15, 2012 9:07 am

Last Updated: August 15, 2012 9:29 am

Updated throughout the day on the 24/7 Wall St. Wire:

Several of the largest retailers in the country, including Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT), will launch a program called Merchant Customer Exchange to compete with Google Inc.’s (NASDAQ: GOOG) mobile payment platform. (WSJ)

Greece will ask for a two-year extension of its austerity plans. (FT)

Douglas A. McIntyre

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