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Nov. 18 (Bloomberg) -- American Express Co. , the biggest credit-card issuer by purchases, said it will buy payments startup Revolution Money from America Online Inc. co-founder Steve Case’s investment firm for about $300 million. Full Article at Bloomberg.com
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Today's column includes merger-and-acquisition news from American Express Company (AXP), disappointing drug news from Genzyme Corporation (GENZ), a more cautiously bullish outlook for Baidu, Inc. Full Article at SchaeffersResearch.com
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Chairman of American Express Company Kenneth Chenault attends the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009. View Photo »
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At the start of the year the economy appeared to be in a freefall ... Today, while there is still reason to be cautious about high unemployment levels, we are seeing broad-based improvements in credit quality
– Kenneth Chenault SOURCE: Financial Post -
The acquisition would keep American Express (NYSE: AXP) on the cutting edge in terms of new payments products and platforms, Kenneth Chenault, chairman and chief executive, said in a release. Full Article at Tampa Bay Business Journal
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By Roger Cheng And Jon Kamp WASHINGTON—Efforts to spur job creation need to center on getting more credit—and fast—to small and midsize businesses and improving the country's education system, according to a group of business leaders at the annual Wall... Full Article at Wall Street Journal
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American Express CEO Kenneth Chenault weighs in on the credit-card industry and economy. Copy and paste this code into your blog to embed it on your site. Full Article at FOX Business
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Chairman of American Express Company Kenneth Chenault speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009. View Photo »
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At the start of the year the economy appeared to be in a freefall, the drop in cardmember spending was accelerating and loan loss rates were rising rapidly ... Today, while there is still reason to be cautious about high unemployment levels, we are seeing broad-based improvements in credit quality, the ...
– Kenneth Chenault SOURCE: MarketWatch -
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A few months before the presidential election, Gregory Walker, a 45-year-old public health advocate, stopped into the Walnut Street ING cafe. He ordered a green tea and logged on to a computer to pay some bills. Full Article at Philadelphia Inquirer
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The CEO of American Express (NYSE:AXP) Kenneth Chenault said that credit card spending by his customer was up 3% in October compared to September and up 1% from October of last year. That is barely a rounding error. Amex shares rose on the news. Full Article at 24x7 Wall St.
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Reuters Pictures
Chairman of American Express Company Kenneth Chenault attends the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009.
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Reuters Pictures
Chairman of American Express Company Kenneth Chenault speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009.
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AP Photo
American Express CEO Kenneth Chenault, left, and wife Kathryn Chenault attend the 2009 New York Public Library 'Library Lions Benefit' on Monday, Nov. 2, 2009, in New York.
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Reuters Pictures
Chairman & Chief Executive of the Goldman Sachs Group Lloyd C. Blankfein, American Express Chief Executive Kenneth Chenault, Bank of America Corp.
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Reuters Pictures
(L-R) Chairman and Chief Executive of the Goldman Sachs Group Lloyd C. Blankfein, American Express Chief Executive Officer Kenneth Chenault and Bank of America Corp.
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Getty Images
WASHINGTON - MARCH 27: (L to R) Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America, walk down the driveway at the White House on March 27, 2009 in W...
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Getty Images
WASHINGTON - MARCH 27: (L) Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America and Edward Yingling, president of the American Bankers Association, wal...
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Getty Images
WASHINGTON - MARCH 27: (L) Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America, walk down the driveway at the White House on March 27, 2009 in Washin...
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Getty Images
WASHINGTON - MARCH 27: (L) Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America and Edward Yingling, president of the American Bankers Association, wa...
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Getty Images
WASHINGTON - MARCH 27: (L) Lloyd Craig Blankfein, CEO of The Goldman Sachs Group, Inc, Kenneth Irvine Chenault, CEO and Chairman of American Express, Kenneth D. Lewis, Chairman, CEO, and President of Bank of America and Edward Yingling, president of the American Bankers Association, wa...
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Reuters Pictures
Chairman of American Express Company Kenneth Chenault speaks at the Wall Street Journal CEO Council meeting on rebuilding global prosperity in Washington November 17, 2009.
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