American Express' 1Q profit up as spending rises
American Express said Wednesday that its net income edged up 2 percent in the first quarter, as increased spending by cardholders helped boost revenue ...
Fed says 17 of 18 top US banks have strengthened
All but one of the nation's 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the ...
Warren Buffett releases annual letter on Friday
What will life be like without Warren Buffett? Berkshire Hathaway shareholders may have gotten a glimpse into that future. Most of Berkshire's deals ...
AP IMPACT: Recession, tech kill middle-class jobs
Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries ...
Stocks end week with gains; GE rises, Intel falls
Better earnings from General Electric and Morgan Stanley helped the stock market inch higher Friday, as major indexes closed out their third straight ...
American Express' 4Q earnings down 47 percent
American Express on Thursday said its fourth-quarter net income fell 47 percent, as the credit card issuer racked up hefty charges related to ...
Stocks gain for second week, keeping S&P near high
Stocks gained for a second straight week as company earnings reports started to come in, keeping the Standard and Poor's 500 index within a fraction ...
American Express to cut 5,400 jobs
American Express Co. said Thursday that it will slash about 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its ...
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