American Express
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American Express Announces 5% Workforce Reduction to Curb Rising Operating Costs
American Express cuts 5% of jobs to curb costs, aiming to boost agility despite strong earnings and raised full-year guidance for 2026.
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American Express Posts 28% Profit Surge on Higher Fees and Resilient Spending
American Express reported a 28% jump in third-quarter profit to $3.71 billion as affluent cardmembers retained the $895 Platinum Card despite a fee hike.
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Lord Alan Sugar Criticizes American Express After Credit Limit Refusal
Billionaire Lord Alan Sugar has publicly criticized American Express after an automated system denied his request for a credit limit increase.
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Capital One Plunges 8% as Trump’s Credit Card Rate Cap Threat Rocks Banking Stocks
Capital One shares tumbled over 8% after President Trump proposed capping credit card interest rates, sending shockwaves through the financial sector. Major issuers like American Express and JPMorgan Chase also saw significant declines.
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American Express Revamps Travel with Digital Stamps and All-in-One App
American Express unveils a new travel app alongside digital travel stamps, aiming to transform trip planning and reward cardholders’ global adventures.