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American Express

Credit Card Summit: "Charge!"

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

Wasn't the government shoveling billions of dollars at these very same banks to help them? And to pick this moment to stick it to the people with higher interest rates, and lower credit limits, and hidden fees?

Arthur Delaney

HuffPost Readers Share Credit Card Laments; Banks Blame Economy For Rate Hikes | Arthur Delaney | Posted 05.25.2011 | Politics

Since our call for readers to send their unhappy credit-card stories, woeful tales of hiked rates and reduced limits have struck our inbox like The Bl...

Visa's New Ad Campaign, AmEx Returns To Roots

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

The Wall Street Journal is reporting that Visa is changing its "Life Takes Visa" advertising slogan. Its new $140 million ad campaign's slogan is "Mor...

Cancel Amex, Get $300 | Posted 05.25.2011 | Business

Wow. American Express must be getting desperate. In a bid to RID itself of customers, Amex will give you a $300 prepaid credit card if you cancel your...

Credit Card Breach: Visa, MasterCard, American Express, Discover Customers Vulnerable

New York Times | ERIC DASH and BRAD STONE | Posted 05.25.2011 | Business

Heartland Payment Systems, a major payment processing company, disclosed a data breach on Monday that potentially exposed tens of millions of cred...

Maria Bartiromo: I Don't Have A Credit Card (VIDEO)

Huffington Post | Danny Shea | Posted 05.25.2011 | Business

Maria Bartiromo doesn't have a credit card, she told Ellen DeGeneres on Ellen's show, which aired Wednesday. "I have a debit card, but I don't like c...

The Grammy Museum Is L.A. Live's Christmas Gift to City of Angels

Paige Donner | Posted 05.25.2011 | Entertainment
Paige Donner

L.A. Live's Grammy Museum is an interactive playground using technology that facilitates the experience of music in so many ways; it is much more than a traditional museum.

Class Warfare with a TARP

Michael B. Laskoff | Posted 05.25.2011 | Business
Michael B. Laskoff

It stands for Troubled Asset Relief Program, but the first word should really be Troubling. The haste with which it was created... is the best evidence of its flawed nature.

WSJ: AmEx Said To Request $3.5 Billion In U.S. Aid | ROBIN SIDEL | Posted 05.25.2011 | Business

American Express Co. which is being hit by slowing consumer spending and rising defaults, is seeking roughly $3.5 billion in taxpayer-funded capital f...

American Express To Cut 7,000 Jobs

AP | SARA LEPRO | Posted 05.25.2011 | Business

NEW YORK — In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co. said Thursday that it plans to c...

Short-Selling Ban List Expands To Include GM, GE, Others

MarketWatch, Detroit News | Dave Burdick | Posted 05.25.2011 | Business

The SEC has added more companies to the list of 799 companies that cannot be short-sold temporarily. Included are the following firms, according to Ma...

Fortune, American Express Deny Keith Kelly Report That American Express Has Final Say Over Fortune Small Business Copy

Huffington Post | Danny Shea | Posted 05.25.2011 | Media

Update: A spokesperson for the Fortune Money Group has denied Keith Kelly's report that American Express will get final say over the editorial content...

Back When ...

James Berman | Posted 05.25.2011 | Business
James Berman

It makes more sense to invest for the probability that the world will outlive this collapse -- as surely as it did all others in history -- instead of for the remote possibility that the apocalypse is finally upon us.

How The Press Failed Readers On The Changing Credit Card Industry

Columbia Journalism Review | Dean Starkman | Posted 05.25.2011 | Media

One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...

Visa IPO Could Be Largest in US History

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Stocks are shaky, credit is tight, the economy may be tipping into a recession. Not the best of times to be going to the markets for ...

Profit Falls 42% At Capital One

Bloomberg | Posted 05.25.2011 | Business

The Capital One Financial Corporation, the credit card issuer, said Wednesday that fourth-quarter profit fell 42 percent as more borrowers failed to r...

AmEx Runs "30 Rock"-Themed Commercials During Episodes

Reuters | Gail Schiller | Posted 05.25.2011 | Business

Figuring out where "30 Rock" ends and commercials begin requires a sharp eye thanks to American Express. Recent episodes of the NBC series have been ...

Visa To Pay Amex $2.1 Bil To Settle Suit

AP | Michael Liedtke | Posted 05.25.2011 | Business

Visa Inc. will pay American Express Co. up to $2.25 billion to settle a lawsuit alleging Visa illegally stifled competition to protect its position as...