“Walmart Battles Capital One: A Dramatic Attempt to Sever Ties in Credit-Card Alliance – WSJ”

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Walmart Inc. WMT is suing credit-card issuer Capital One Financial Corp. COF to dissolve their long-standing credit-card partnership. Walmart alleges that Capital One violated their contractual terms by not promptly attending to customer needs, such as issuing replacement cards and posting transactions to consumer accounts. In response, Capital One maintains that the contention points are […]