Today: November 03, 2024
Today: November 03, 2024

American Express

Business|Economy|Finance|Stock Markets|US

Cardmember spending drives American Express second-quarter profits soaring 39%

American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance

Cardmember spending drives American Express second-quarter profits soaring 39%
Business|Finance|US

AmEx's revenue miss eclipses strong annual profit forecast

American Express's second-quarter revenue jumped 9% to a record $16.33 billion on the back of robust spending from its wealthy customers but still fell short of

AmEx's revenue miss eclipses strong annual profit forecast
Business|Economy|Finance

Australian court fines AmEx $5.3 million over breach of credit card rules

The Federal Court of Australia fined a local unit of American Express (AmEx) A$8 million ($5.36 million) for breaching design and distribution rules for two of its co-branded credit cards,

Australian court fines AmEx $5.3 million over breach of credit card rules
Business|Food|Technology

American Express is taking control of restaurant reservations

American Express is taking control of restaurant reservations

American Express is taking control of restaurant reservations
Business|Technology

Documenting the history of American Express as an in-house historian

Ira Galtman is part of a small community of corporate archivists

Documenting the history of American Express as an in-house historian
Business|Finance|Technology

AmEx to buy restaurant booking platform Tock for $400 million

American Express is buying Squarespace-owned restaurant booking platform Tock for $400 million to expand its foothold in the dining industry, a category that accounted for

AmEx to buy restaurant booking platform Tock for $400 million
Business|Finance|World

Putin approves closure of American Express Russian business

Russian President Vladimir Putin has granted American Express Co the right to "voluntary liquidate" its Russian business, according to a decree published on the official website.

Putin approves closure of American Express Russian business
Business|Economy|Finance|Technology

Online marketplace eBay to drop American Express, citing fees, and says customers have other options

Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online

Online marketplace eBay to drop American Express, citing fees, and says customers have other options
Business|Economy|Finance|Stock Markets|US

Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow

The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed, but American Express kept the Dow afloat after quarterly earnings from both

Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
Business|Finance|US

AmEx surpasses profit estimate; focus turns to small-business strategy

American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its

AmEx surpasses profit estimate; focus turns to small-business strategy
Business|Finance

AmEx's cumulative restructuring cost at $277 million in 2023

American Express' cumulative cost relating to restructuring programs initiated in 2023 or in prior years that were in progress during 2023 amounted to $277 million, a filing showed on

AmEx's cumulative restructuring cost at $277 million in 2023
Business|Economy|Finance|US

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient

American Express forecast a better-than-expected profit for 2024 on hopes that its affluent customers will be resilient with their spending amid elevated

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient
Business|Finance

AmEx's third-quarter profit beats estimates on buoyant spending

Credit card giant American Express on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns about

AmEx's third-quarter profit beats estimates on buoyant spending
Business|Finance|Travel

AmEx tries to win over grumpy Delta customers with revamped SkyMiles credit cards

American Express is rolling out several updates to its Delta SkyMiles credit cards that will give additional benefits to users

AmEx tries to win over grumpy Delta customers with revamped SkyMiles credit cards

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