American Express Credit Card News

  • LogRhythm Joins Payment Card Industry Data Security Standards Council Tuesday, January 6, 2009 @ 6:12PMLogRhythm announced that it has joined the PCI Security Standards Council as a new participating organization. As a Participating Organization, LogRhythm will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. The Council is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation ...
  • AMEX ILLS OF THE VERY WELL HEELED Sunday, January 4, 2009 @ 11:51AMEven New York professionals raking in six-figure incomes have been sideswiped by the recent credit crunch, with some having their American Express cards unexpectedly canceled. One jewelry-company exec saw her AmEx credit lines dwindle down even...
  • Market Winners and Losers in 2008 Thursday, January 1, 2009 @ 12:03AMThis past year was a rough one and one most would soon like to forget.
  • k1027 BC-MO-PaydayLender-Laws 1stLd-Writethru 12-31 0695 Wednesday, December 31, 2008 @ 6:31PMEds: RETRANSMITTING to correct writethru sequence. UPDATES with details, quotes. Spelling of "Quik" is cq. Moving on general news and financial services.
  • GMAC can tap bailout fund, and that’s good news for GM Thursday, December 25, 2008 @ 2:59PMWASHINGTON — General Motors Corps.’ chances of survival improved Wednesday after its financing arm became eligible to tap into federal bailout funds.
  • Fed Approves GMAC Request to Become a Bank Thursday, December 25, 2008 @ 2:20PMThe change in status makes the company eligible for bailout money and emergency loans directly from the Federal Reserve.
  • GMAC Will Become a Bank as Fed Bolsters U.S. Plan to Save GM Thursday, December 25, 2008 @ 8:01AMDec. 25 (Bloomberg) -- GMAC LLC won Federal Reserve approval to become a bank holding company, a switch that may enable the money-losing auto and home lender to tap U.S. financial bailout programs and help keep General Motors Corp.
  • Dow falls for 5th straight session Thursday, December 25, 2008 @ 6:14AMNEW YORK — Wall Street pulled back again Tuesday in muted trading ahead of the holiday, as another round of reports showed further deterioration in the housing market and broader economy.
  • Fifteen New Ways to Save Money Thursday, December 25, 2008 @ 4:35AMWays to make your dollar go further.
  • Discover Rises as Credit-Card Firm Seeks Bank Funds (Update3) Thursday, December 18, 2008 @ 7:41PMDec. 18 (Bloomberg) -- Discover Financial Services , the fourth-largest credit-card network, soared as much as 19 percent in New York trading after saying it plans to become a bank and may be eligible for as much as $1.2 billion in government aid. The firm more than doubled fourth-quarter profit.
  • Honeymoon 101 Wednesday, December 17, 2008 @ 6:10PMWhat health precautions should be taken before the trip? Brides and grooms should get a physical from their primary healthcare providers a few months before the wedding.
  • CELEB FORECLOSURE BUG HITS DOUG E. FRESH: Rapper also said to owe American Express and the IRS. Wednesday, December 17, 2008 @ 8:10AM*Old school rapper Doug E. Fresh is reportedly broke and in danger of losing three houses in Harlem after owing more than $3.5 million in unpaid mortgages.
  • Swedish police warn of tampered credit card terminals Wednesday, December 17, 2008 @ 12:38AMSwedish police are unraveling a scheme where criminals stole credit card details by tampering with a point-of-sale (POS) terminal at a Toys R Us store in Malmö.
  • American Express web bug exposes card holders Tuesday, December 16, 2008 @ 9:31PM XSS: Entrenched since November 2008 A glaring vulnerability on the American Express website has unnecessarily put visitors at risk for more than two weeks and violates industry regulations governing credit card companies, a security researcher says.…
  • Premarket roundup: American Express, Gap Tuesday, December 16, 2008 @ 2:48PMNEW YORK (AP) _ After American Express Co. reported a continued slide in credit quality in November, analysts cut their estimates for the credit-card company amid expectations for further credit losses.
  • Swedish Police Warn of Tampered Credit Card Terminals Tuesday, December 16, 2008 @ 1:02PMSwedish police are unraveling a scheme where criminals stole credit card details by tampering with a point-of-sale (POS)...
  • Art Levine: Is GOP risking the economy to win the PR war against unions? Tuesday, December 16, 2008 @ 12:56PMEven as the auto industry teeters on collapse, union-bashing continues as the mainstay of a GOP propaganda war against organized labor. With three million jobs...
  • Swedish Police Warn of Tampered Credit Card Terminals Tuesday, December 16, 2008 @ 12:40PM Swedish police are unraveling a scheme where criminals stole credit card details by tampering with a point-of-sale (POS) terminals at a Toys R Us store in Malmö.
  • MEXIDATA . INFO Monday, December 15, 2008 @ 12:33PMMS. ADREAN ROTHKOPF: Good morning, everyone, and welcome to the U.S. Chamber Of Commerce. My name is Adrean Rothkopf and I am Vice President for Western Hemisphere Affairs.
  • Credit card relief urged for indebted Canadians Monday, December 15, 2008 @ 11:20AMCanadians who find it increasingly difficult to pay their credit card bills as the recession deepens would benefit from tighter credit card rules like those to be voted on by the U.S. Federal Reserve on Thursday, a Canadian credit expert says.
  • Nashville at law: Labor Department sues Tangredi Monday, December 15, 2008 @ 6:26AMAlso: Rock singer tangles with former manager over contract language
  • U.S. Stock-Index Futures Decline; GM, Ford, Wal-Mart Retreat Friday, December 12, 2008 @ 10:51AMDec. 12 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may extend its weekly decline, as the Senate’s rejection of a $14 billion plan to rescue automakers deepened concern the country is facing a prolonged recession.
  • U.S. Stock-Index Futures Decline; GM, Ford, Wal-Mart Retreat Friday, December 12, 2008 @ 9:36AMDec. 12 (Bloomberg) -- U.S. stock-index futures declined after the Senate rejected a $14 billion plan to rescue U.S. automakers, deepening concern the country faces a prolonged recession. Shares in Asia and Europe slumped.
  • Holiday parties: down and often out Friday, December 12, 2008 @ 5:48AMMany companies are scaling back or scuttling their annual events as belt-tightening increases.
  • Bookkeeper charged with stealing $50G from Somerville company Thursday, December 11, 2008 @ 11:22PMA part-time bookkeeper for a local business has been indicted on charges of stealing more than $50,000 from her employer.
  • Anadarko, Capital One, Diodes, Palm, Sprint: U.S. Equity Movers Thursday, December 11, 2008 @ 9:51PMDec. 11 (Bloomberg) -- The following companies had unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York, unless otherwise specified.
  • North Plainfield woman faces 125 years in prison for theft Thursday, December 11, 2008 @ 9:45PMSOMERVILLE - On Dec.11 Alexandra Chavarriaga, 33, of Jackson Avenue, North Plainfield was indicted by a Somerset County Grand Jury on charges of theft by deception in the second degree; fraudulent use of a credit card in the third degree;...
  • Anadarko, Capital One, Diodes, Palm, Sprint: U.S. Equity Movers Thursday, December 11, 2008 @ 6:21PMDec. 11 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 1 p.m. in New York, unless otherwise specified.
  • This is not a column, it is a bank holding company Thursday, December 11, 2008 @ 7:02AMThis is not a column, it is a bank holding company
  • Market movers 12/11 Thursday, December 11, 2008 @ 6:36AMNEW YORK — Wall Street resumed its rally Wednesday, rising moderately as investors saw rebounding commodities prices as a reason to snap up energy and materials stocks.
  • Oppenheimer analyst tells CNBC big banks are on life support Wednesday, December 10, 2008 @ 11:00PMThe coming tidal wave of consumers falling behind on their credit cards and other debt will keep banks in sorry shape for the next year or more, Oppenheimer analyst Meredith Whitney told CNBC Wednesday. (BAC) (AXP) (JPM) (C)
  • Wall Street Turns Positive in Late-Day Trading Wednesday, December 10, 2008 @ 10:33PMStocks made a modest gains today as Congress continued work on a bailout of the auto industry .
  • CNN - Stocks Gain On Bailout News Wednesday, December 10, 2008 @ 10:29PMStocks Rallied Wednesday, Recovering From A Mid-Afternoon Retreat, As Investors Welcomed Reports That Congress And The White House Have Struck A Deal To Provide A $14 Billion Bailout To The Struggling Auto Industry.  
  • American Express, Patriot Coal, XL, Yahoo!: U.S. Equity Movers Wednesday, December 10, 2008 @ 10:06PMDec. 10 (Bloomberg) -- The following companies had unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York.
  • U.S. Stocks Gain as Commodity Rally Offsets Auto-Rescue Concern Wednesday, December 10, 2008 @ 10:06PMDec. 10 (Bloomberg) -- U.S. stocks gained, recovering half of yesterday’s slide, as higher energy and metal prices triggered a rally in commodity producers that overshadowed concern Congress won’t rescue the nation’s auto industry.
  • Delta, American Express Extend Card Agreement Wednesday, December 10, 2008 @ 9:46PMATLANTA (AP) -- Delta Air Lines is getting a $1 billion boost following a credit card agreement it has reached with American Express. The agreement between Delta and American Express is a multiyear extension of their existing partnership.
  • US STOCKS-Wall St rises in choppy day on resource boost Wednesday, December 10, 2008 @ 9:43PM* Jump in crude oil bolsters energy sector
  • Credit Cards Help You Save, Cut Debt Tuesday, December 9, 2008 @ 2:55AM Banks and brokerages are enhancing their credit-card reward programs to help customers save more for retirement and reduce their debt.
  • American Express Sells $5.5 Billion of Government-Backed Bonds Monday, December 8, 2008 @ 11:41PMDec. 8 (Bloomberg) -- American Express Co. , the credit-card company most dependent on capital markets for fundraising, sold $5.5 billion of notes guaranteed by the Federal Deposit Insurance Corp., according to data compiled by Bloomberg.
  • Tempe food banks aid those in need this holiday season Monday, December 8, 2008 @ 3:46PMAs families across the nation struggle to make ends meet in an uncertain economy, food banks in Tempe are fighting to provide for those in need this holiday season.
  • Spend the Holidays with Starwood without Spending a Cent Monday, December 8, 2008 @ 2:19PMConsumers are crunching costs this holiday season, but it doesn’t mean they have to cut the annual holiday vacation. By tapping into the power of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and its award winning hotel loyalty program, Starwood Preferred Guest®, members can book flights, hotel stays and more – cash free.
  • The Fed’s Exploding Balance Sheet: What It Means and Reviving the Revolution Monday, December 8, 2008 @ 1:47PMBernanke and Company, who are running the U.S. central bank, the Federal Reserve (Fed), have been very busy in the past year or so.
  • Ten tips for safe shopping online this Christmas Monday, December 8, 2008 @ 12:42PMAs more retailers go bust can you risk handing over your money? Follow our checklist to avoid losing out.
  • Nashville at law: AmEx accuses Tangredis of $1.1M fraud conspiracy Monday, December 8, 2008 @ 6:24AMAlso: Locals sue driving schools and former girlfriend of Raconteurs member sues over breach of partnership
  • Nashville at law: AmEx accuses Tangredis of $1.1M fraud conspiracy Monday, December 8, 2008 @ 6:11AMA division of American Express has accused well-known local restaurateur Michael Tangredi and his family of fraud in United States District Court.
  • Drink In These 5 Top Stocks Thursday, December 4, 2008 @ 8:36PMThese are some of the most talked-about stocks around.
  • Your Credit Crunch Christmas Lunch Thursday, December 4, 2008 @ 8:09PMHow can you shop sensibly for the most eagerly anticipated meal of the year? Laura Starkey shares her seven top tips.
  • Delta Announces 2009 SkyMiles(r) and WorldPerks(r) Benefits Thursday, December 4, 2008 @ 2:00PM ATLANTA, Dec. 4, 2008 -- Delta Air Lines has announced elite and reward changes to both the Delta SkyMiles and Northwest WorldPerks programs to better align member benefits.
  • Luna’s father: My son ‘was killed’ Thursday, December 4, 2008 @ 5:19AMFive years after the mysterious death of Assistant U.S. Attorney Jonathan Luna, the federal prosecutor’s father is still searching for answers. In a rare telephone interview with The Examiner, Paul Luna said he is angered by law enforcement assertions that his son killed himself.
  • Port St. Lucie man arrested on charges of theft of $235k from company Thursday, December 4, 2008 @ 5:12AMA Port St. Lucie man has been charged with the theft of $235,595 from Interstate Batteries System.