Hints and tips:
Related Special Reports
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...The litigation “will cost millions”, he said, “but we’re not only committed to going all the way, we’re going all the way.”...
...The generosity of UK deals is limited by the cap on interchange fees (the charges that merchants pay to accept cards, which in effect fund the rewards)....
...American Express Global Business Travel has agreed a $570mn deal to buy rival CWT, in a bet on the continued recovery of business travel following the pandemic....
...But American Express chief executive Steve Squeri found himself facing particularly worrying circumstances....
...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....
...“They’re very hungry for American technology because . . . G42 are realigning themselves away from China and more with the US.”...
...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.”...
...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....
...So they're really an asset-light e-commerce marketplace, all online. PDD domestically basically outsources the fulfilment to the industry of express delivery guys....
...Companies: American Express and Colgate-Palmolive report fourth-quarter results....
...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....
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...Do you have thoughts on how much of a threat to Biden’s re-election the rise in petrol (or gasoline) prices could be? Are you beginning to feel the squeeze? Get in touch: myles.mccormick@ft.com....
...There is a purity of motive to the show-off — we know exactly what they’re up to: delighting in themselves, and hoping we join in and delight in them too....
...He’s also been busy with other litigation....
...But that ubiquity is all the co-founder of two of the biggest brands in the billion-dollar Kardashian empire is going to express remorse over....
...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....
...Today, on Behind the Money, we’re exploring what this case could mean for millions of acres of land in the American West....
...As Europe, we will have to work with whoever the American people choose to elect as their next president....
...And when we are given safe space to express our feelings, this in turn allows us to feel more valued in our communities and in our relationships, and more likely to collaborate towards peaceful practices...
...Then if you think about the payments landscape in the US, you really have four main credit card networks: Visa and Mastercard — by far the biggest — then you have American Express and then you have Discover...
...In the past two weeks, American forces have killed Houthi militants in the Red Sea and a senior official in an Iranian-backed militia in Iraq, as well as striking Hizbollah targets in Iraq....
...Suisse doesn’t actually add anything to that business because Credit Suisse walked away from the North American wealth market in 2016....
...In Trump style, it also featured plenty of brass. The economy recovered and Bear Stearns and American Express were among the tenants that soon took up residence in the newly-christened Trump Building....
International Edition