Latest American Express Co News

Apple holds edge in app store trial despite nagging issues

May. 13, 2021 20:21 PM EDT

SAN RAMON, Calif. (AP) — Apple seems to be prevailing in an antitrust trial examining whether its mobile app store illegally skims profits from smaller companies. But the tech giant's apparent edge has been carved out amid nagging questions about the financial vise it...

Warren Buffett warns investors not to gamble on stocks

May. 01, 2021 19:17 PM EDT

OMAHA, Neb. (AP) — Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at Berkshire Hathaway's annual meeting Saturday. Buffett said it can be tough to pick the long-term winners. He...

Mattel, Snap rise; American Express, Kimberly-Clark fall

Apr. 23, 2021 16:32 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Snap Inc., up, $4.25 to $61.30. The company behind Snapchat beat Wall Street's first-quarter earnings and revenue forecasts. Boston Beer Co., up...

AmEx sees drop in revenue as pandemic slows travel, dining

Apr. 23, 2021 13:00 PM EDT

NEW YORK (AP) — American Express Co. saw its first-quarter profits rise sharply, but the company saw a significant drop in revenue as fewer customers used their credit cards and those with balances paid down debt. The New York-based company said it earned a profit of...

Millennial Money: How my travel credit card saved me $1,388

Apr. 13, 2021 07:32 AM EDT

In 2020, I was looking forward to leaving Los Angeles for a socially distanced vacation in San Diego. I had stocked up on food, hand sanitizer, wipes and masks. To stay safe and distant, I had booked two cottages near the beach with my travel credit card. My friend and...

CEOs gather to speak out against voting law changes

Apr. 11, 2021 23:51 PM EDT

More than a hundred top executives and corporate leaders gathered online this weekend to discuss their response to restrictive voting laws under consideration in several states and already enacted in Georgia, according to a statement from organizers of the meeting. The...

Under pressure, some Ga. corporate leaders slam voting bill

Apr. 01, 2021 00:30 AM EDT

ATLANTA (AP) — Some of Georgia's most prominent corporate leaders on Wednesday began to more forcefully criticize the state's sweeping new election law, acknowledging concerns of civil rights activists and Black business executives who say the measure targets non-white voters and threatens...