Tag: American Express Co
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A disturbing employment trend is hiding beneath the latest strong job numbers
The average jobless worker’s bout of unemployment surpassed 27 weeks in October, the highest outside of the pandemic period in a decade.
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Ex-Amex CEO shares when business leaders need to speak up about politics: ‘You should care about what happens in our society’
Ken Chenault, who served 17 years as American Express CEO, says some political situations call for a firm stance from business leaders.
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Tencent, Visa deepen payments push in China after regulatory green light
Tencent and Visa are expanding their payments partnership following recent regulatory approvals for foreign financial firms in China.
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American Airlines hikes annual fees on rewards cards for first time since 2018
American Airlines joined other airlines and banks in raising their airline credit card fee for one of their major cards.
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American Express is cutting 5% of its workforce to ‘prepare for AI’
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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American Express brings Airbnb bookings and rewards to Amex Travel platform
More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings.
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Capital One delivered a strong quarter. Why we’re not declaring victory just yet
Capital One reported solid earnings, but one of our biggest concerns still remains.
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Capital One’s strong quarter and progressing Discover integration are rewarded on Wall Street
Stronger net interest income and credit performance were the stars of the bank’s earnings.
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