Latest American Express Co News

Buffett to auction off one last private lunch for charity

Apr. 25, 2022 08:39 AM EDT

OMAHA, Neb. (AP) — The world's most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time. Buffett, Berkshire Hathaway’s CEO, held the lunch auction once a year for...

American Express profits fall slightly, but spending jumps

Apr. 22, 2022 12:27 PM EDT

NEW YORK (AP) — American Express' first-quarter profits fell roughly 6% from a year earlier, but the company saw a 30% jump in spending on its namesake cards in the quarter as its cardmembers returned to their habits of shopping, traveling and dining. The New York-based company...