American Express

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In America's Largest City, a Big Change in Job Listings

New York City now requires companies with 4 or more workers to disclose salary ranges

(Newser) - It's not only a new month on Tuesday—it's the first day in the nation's largest city where job seekers will finally know how much most positions pay before they get too deep into the application process. A new law has officially gone into effect in which...

Credit Card Company, Canada Respond to Pornhub Claims

The move comes after a scathing 'New York Times' column

(Newser) - Looks like Mastercard isn't just letting the Pornhub allegations slide. Days after New York Times columnist Nicholas Kristof leveled accusations against the adult website—citing its alleged revenge pornography, child abuse, and footage of women being asphyxiated—Mastercard says it is investigating, Reuters reports. "If the claims are...

New iPhone May Be an E-Wallet
 New iPhone 
 May Be an E-Wallet

New iPhone May Be an E-Wallet

Apple reportedly teaming up with credit card companies for iPhone 6

(Newser) - For detractors who complain that their iPhones just don't do enough, Apple may be upping the ante. Rumors are swirling that when the iPhone 6 is unveiled on Sept. 9 , it's not only going to play music, surf the Internet, and make phone calls—it will also function...

Things You Can't Buy With a Credit Card (Like Pot)

MarketWatch rounds up 10 examples where plastic is forbidden

(Newser) - Don't give up on cash just yet: There are plenty of items that remain difficult or impossible to get with your credit card, MarketWatch reports. Ten reasons you may want to keep going to the ATM:
  • Neither Visa, MasterCard, nor American Express will let you buy marijuana with plastic,

AmEx to Cough Up $75M Over Deceptive Practices

335K consumers will get refunds for credit card add-on programs

(Newser) - American Express has agreed to pony up $75.7 million over what the Consumer Financial Protection Bureau is calling "deceptive marketing to sell credit card add-on products," reports the LA Times . Some $59.5 million of that will go toward refunds to the 335,000-plus consumers who were...

Now Twitter Lets You Buy Stuff—With a Hashtag

Focus is on brand promotion for tweet purchases

(Newser) - American Express and Twitter are teaming up to let people buy special deals with a song and a dance—or rather, a hashtag and a tweet in the latest attempt to boost Twitter-based commerce, reports CNN . The first item up for grabs? $25 AmEx gift cards for $15, which registered...

Amex Refunding $85M in Late-Fee Settlements

The company broke laws 'at all stages of the game'

(Newser) - American Express is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. The company agreed to the settlements announced today by four federal agencies,...

Usher Wants You to Be His Back-up Dancer ... Sort Of

Choreograph your own avatar for London concert

(Newser) - Usher is playing a big show in London next week, and he wants you to join him onstage. Kind of. Concert sponsor American Express has set up a website where anyone can choreograph a dance sequence using an avatar. Submit the sequence, and it could be chosen for display during...

Obama's Job-Creation Team Full of Job Cutters

Advisers from Xerox, Kodak have laid off thousands

(Newser) - Tomorrow, President Obama will meet with his council of advisers on job creation; trouble is, many of its members seem to know more about cutting jobs than adding them. The head of American Express, for example, was appointed to the council days after AmEx cut 550 jobs—despite the firm...

Facebook Game Pays Out Real Gold

But sorry, Americans, it's only open to UK residents

(Newser) - Finally, a way to profit from all that time you waste on Facebook—so long as you're British. Facebook users who live in the UK can play American Express's fantasy gold trading game, in which players buy and sell gold with an eye on how news events alter...

Feds Slap AmEx With Antitrust Suit

Just as Justice settles case against MasterCard, Visa

(Newser) - The Justice Department has hit American Express with antitrust charges today, just as it settles similar charges with Visa and MasterCard, reports the Wall Street Journal. The complaint centers around the uneven fees and rules AmEx imposes to "impede merchants from promoting or encouraging the use of a competing...

Dow Off 217; Tech, Banks Fall
 Dow Off 217; 
 Tech, Banks Fall 

Dow Off 217; Tech, Banks Fall

Google, AmEx drop despite positive earnings reports

(Newser) - Strong earnings just weren't enough to buoy the markets today, as Google and American Express saw big declines despite strong quarterly reports. Goldman Sachs and other financials also posted losses due to fear over President Obama's new restrictions on banks, the Wall Street Journal reports.
  • The Dow lost 216.90

Salvation Army Takes Plastic
 Salvation Army Takes Plastic 

Salvation Army Takes Plastic

Charity tests 'cashless kettle' program

(Newser) - The Salvation Army's red kettles that collect holiday donations—a symbol for over 100 years—are getting an update. Numerous sites across the country will take credit cards this year as part of a pilot program dubbed "cashless kettles." Earlier tests suggest that the program has promise: in...

Dow Climbs 96 to New 2009 High
 Dow Climbs 96 to New 2009 High 

Dow Climbs 96 to New 2009 High

Expectations for Caterpillar, AmEx earnings boost Dow

(Newser) - Stocks rallied today on expectations for this week’s earnings reports, with the Dow rising 96.28 points to hit a new 2009 high of 10,092.19. Caterpillar, which reports tomorrow, gained 6.5% after saying it would raise prices. American Express, which reports Thursday, gained 2.6%. Traders...

Dow Off 42, Wrapping Up Down Week for Stocks

Disappointing data drives indices lower; RIM falls 17.1%

(Newser) - Stocks fell today after reports of a smaller-than-expected rise in new home sales and a drop in orders for durable goods over the last month. Blue chips Alcoa, Amex, and Wal-Mart all fell at least 2%, and RIM dropped 17.1% after issuing a disappointing earnings forecast. The Dow dropped...

Dow Down 41; Tech Rises, Banks Fall
 Dow Down 41; 
 Tech Rises, 
 Banks Fall 

Dow Down 41; Tech Rises, Banks Fall

September rally sees slight pullback

(Newser) - Stock indices finished mixed today after the markets reached what most traders saw as a slight pause in a very strong September, the Wall Street Journal reports. Financials led declines: AmEx fell 2.9%, while Bank of America lost 1.8%. Google rose 1.1% after Citigroup analysts boosted their...

Dow Up 108 to 2009 High
 Dow Up 108 to 2009 High 

Dow Up 108 to 2009 High

GE, financials gain; Fed shows industrial activity up for August

(Newser) - Stocks rallied today, with all three major indices hitting their highest levels of the year, the Wall Street Journal reports. GE surged 5.69%, AmEx 3.06%, and BofA 2.80% on good data: Industrial production gained 0.8% in August, and the Labor Department’s consumer-price index rose 0....

Buffett: 'We Are Not Out of Problems Yet'
Buffett: 'We
Are Not Out of Problems Yet'

Buffett: 'We Are Not Out of Problems Yet'

Investor looks to clean up on crisis, but is moving out of stocks

(Newser) - Even Warren Buffett had a bad financial crisis: The Omaha sage personally lost $25 billion in 2008, enough to put him behind Bill Gates on the worldwide rich list. But while many investors hunkered down as markets tanked, Buffett recalibrated, pouring billions into companies—Goldman Sachs, GE, BofA, Amex—that...

US Reaps Profit as Banks Pay Back TARP Funds

Fed pulls in $14B from loan programs

(Newser) - When the government spent some $240 billion last year to help avert financial disaster, the idea of making a profit from the TARP funds invested in teetering banks looked like a long shot. Now, however, profits from eight banks who’ve paid back the cash have totaled some $4 billion,...

Era of Celeb Endorsers Is Dying Along With Celebs

Iconic ads are history as audience splinters

(Newser) - There was a time viewers couldn't turn on the TV without seeing the King of Pop opening a Pepsi or hearing Karl Malden warning everyone not to leave home without an American Express card. But the recent death of mega sellers like Jackson, Malden, Farrah Fawcett, and Ed McMahon signals...

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