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...“[PBMs] are acutely aware of their situation: everybody in the world hates them and they are looking for friends,” said Douglas Holtz-Eakin, president of the American Action Forum, a right-leaning think-tank...
...AmexGBT was spun off into a joint venture in 2014 by American Express, and the company went public via a merger with a blank cheque company backed by Apollo Global Management in 2022....
...Early April 2020 was a grim time for many companies. But American Express chief executive Steve Squeri found himself facing particularly worrying circumstances....
...Europe is not only down, but the US is up, with the American economy in 2023 outpacing the EU’s for the seventh time in the past 10 years....
...With current deals particular appealing in drizzly January, you may well be tempted to apply for one — and lots of you have been asking me if I think they’re worth it....
...We are now in earnings season proper, and a host of financial companies report. Keep an eye out for Goldman Sachs, Bank of America, Blackstone and American Express to name a few....
...Companies: American Express and Colgate-Palmolive report fourth-quarter results....
...Arthur Goldhammer, an American scholar of France and its language, observed in his Tocqueville21 blog: “The farmers have stolen his thunder with their diesel-powered jacquerie.”...
...Americans invented Beatlemania in 1964, which was bittersweet for the British, who had invented it in 1962. Something similar is happening now to Arm Holdings....
...As Lex points out, Visa and Mastercard are together worth $1tn in market cap. American Express trades at six times book value while Capital One is below 1.5 times....
...Peter Spiegel I mean, I majored in American history in college, so I know Eugene V Debs, the socialist candidate for president multiple times in the ‘20s and ‘30s. So I have to say, I did know that....
...Then, in 2021, she launched Safely, a natural cleaning product company, with Kris Jenner....
...American Express: The credit card group is forecast to report net interest income jumped 22.5 per cent to $3.6bn for the three-month period ended in March....
...American Express Global Business Travel, one of the world’s largest travel management companies, has also found that travellers are taking slightly longer trips and booking further in advance....
...As we have covered before, companies like things to be zero-rated. Before we get into it, engage your favoured extremely American podcast bro voice: Hold up, y’all — what’s a flapjack?...
...We’re returning to a time when most people get almost no news....
...According to Phillip V Snyder’s 1977 bauble bible, The Christmas Tree Book, the first glass ornaments from Germany arrived in the US in the 1860s....
...“If you’re Vladimir Putin, you’re saying, well, my strategic decision to try to hold on longer than the west is working.”...
...JPMorgan said it was facing a 25 per cent jump in capital requirements, while analysts at Autonomous predicted American Express might need 40 per cent more capital....
...We’re also reading . . ....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Back a decade ago, Colin Huang, who was this ex-Google engineer, was running a series of companies in this one building in Shanghai. And they just basically sold cheap stuff to Americans....
...Even when an artist is alone in their studio, they always have company....
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