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Tag: American Express


The Higgs Boson (CC BY 2.0)

Supreme Court Helps Big Business Screw the Little Guy

The justices sided with big corporations Thursday when they ruled 5-3 that companies can write contracts that force small businesses to challenge monopolistic practices on an unaffordable individual arbitration basis rather than through class-action lawsuits, effectively killing the ability of small businesses to defend themselves in court against larger predatory ones.

Posted on Jun 21, 2013 READ MORE



Flickr / 7bikeframesweldedtogether

Spike in Consumer Spending Spells Danger

Consumer borrowing shot up $15.5 billion in June—three times more than projected—in the biggest increase in credit in four years, with credit card and other types of revolving debt rising by $5.21 billion—the largest jump since spring of 2008. (more)

Posted on Aug 15, 2011 READ MORE



Flickr / MoneyBlogNewz

Cha-Ching! ‘Visa Tax’ Brings $8 Billion in Fees to Just 10 Banks

Everyone knows you have to pay a municipal sales tax on your purchases, but what about a corporate Visa tax that’s levied by credit card companies?

Posted on Apr 29, 2011 READ MORE


credit cards
ehow.com

Got Good Credit? Too Bad

Those credit card holders who pride themselves on paying their bills on time, and who have enjoyed rewards in the past for so doing, are in for an unpleasant surprise: They may soon be targeted by the very companies that used to ply them with perks.

Posted on May 19, 2009 READ MORE


American Express
nafcu.org

American Express Cutting 7,000 Jobs

Joining in the unhappy trend of mass layoffs, American Express announced Thursday that 10 percent of the credit card company’s work force will soon be cut due to the current economic crisis.

Posted on Oct 30, 2008 READ MORE


Palin and Fey
Collage: AP photo / J. Scott Applewhite and nbc.com

Palin to Exact Comic Revenge on ‘SNL’?

The McCain-Palin campaign team might soon borrow a page from the celebrity crisis management handbook (see Chap. 11: Poke Fun at Yourself on a Late-Night Comedy Show), if the rumor that Sarah Palin is considering an appearance alongside her “Saturday Night Live” doppelgänger Tina Fey comes true before the Nov. 4 election.

Posted on Oct 6, 2008 READ MORE


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