WASHINGTON, June 20 The U.S. Supreme Court ruled on Thursday that an arbitration agreement prevents merchants from bringing class action claims against American Express Co .
The nine-member court ruled on a 5-3 vote, with Justice Sonia Sotomayor recused, that American Express's arbitration agreement did not preclude merchants from effectively vindicating their rights.
PRESS DIGEST- New York Times business news - June 28
June 28 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.