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American Express Co

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  • US STOCKS-Wall St little changed after selloff Monday, 13 Oct 2014 | 10:02 AM ET

    The benchmark S&P index slumped 3.1 percent last week to sit just above its support level, the 200- day moving average of around 1,905. The declines were sparked by a cut in the global growth forecast by the International Monetary Fund and disappointing economic data in Europe. Earnings season will pick up this week, with results expected from Dow components...

  • The declines were sparked by a cut in the global growth forecast by the International Monetary Fund and disappointing economic data in Europe. Earnings season will pick up this week, with results expected from Dow components Intel, Johnson& Johnson, UnitedHealth, American Express and General Electric, as well as financials Morgan Stanley, Citigroup, Bank of...

  • NEW YORK, Oct 13- U.S. stock index futures were little changed on Monday after the S&P 500 suffered its worst weekly drop since May 2012 and the Dow moved into negative territory for the year on global growth concerns. The declines were sparked by a cut in the global growth forecast by the International Monetary Fund and disappointing economic data in Europe.

  • US STOCKS-Futures little changed after selloff Monday, 13 Oct 2014 | 7:30 AM ET

    *NetScout to buy Danaher's communications business. *Earnings season will pick up steam this week, with results expected from Dow components including Intel, Johnson& Johnson, UnitedHealth, American Express and General Electric as well as financials Morgan Stanley, Citigroup, Bank of America and Wells Fargo. *Canadian Pacific Railway Ltd has approached CSX...

  • JPMorgan Chase& Co, Citigroup Inc and other big banks are making more credit card loans, after years of focusing mainly on customers who paid off their balances each month. Bank of America and Citigroup now make about 25 percent or more of their income from credit cards, after excluding businesses they are shedding. They are primed after seeing Citigroup, for...

  • Stock market bulls look to earnings for salvation Friday, 10 Oct 2014 | 5:00 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 10, 2014.

    Bulls are banking on a shift in focus next week to earnings, from the global economy, with major U.S. banks and technology companies reporting Q3 results.

  • The latest way to lift a Google rank: Hire writers Wednesday, 8 Oct 2014 | 11:28 AM ET
    The Google office in Washington, D.C.

    Climbing Google search requires a new strategy. Updated algorithms punish once prominent sites, lifting pages deemed content rich.

  • S&P 500 lands at 8-week low; Europe slowdown weighs Tuesday, 7 Oct 2014 | 4:45 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks fell Tuesday, extending losses into a second day, amid increased signs of slowing growth in Europe and ahead of earnings.

  • EBay, PayPal to split into separate public companies Tuesday, 30 Sep 2014 | 11:48 AM ET
    PayPal and Ebay to split into two separate public companies.

    In addition, CEO John Donahoe will step down as CEO of eBay once the split takes effect in 2015.

  • Does e-commerce giant loom over eBay-PayPal split? Tuesday, 30 Sep 2014 | 9:06 AM ET
    PayPal and Ebay to split into two separate public companies.

    EBay's about-face to split its PayPal and marketplace businesses into separate companies could make each acquisition targets, analysts tell CNBC.

  • Sept 30- EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free spinoff to shareholders sent eBay's shares up 10 percent to $58.15 in premarket trading.

  • What the eBay split means for PayPal Tuesday, 30 Sep 2014 | 8:19 AM ET
    Signage for Ebay Inc.'s PayPal unit is seen outside the company's offices in Dubin, Ireland.

    PayPal hasn't aged so gracefully, but eBay's decision to spin it off next year could give it renewed life. Re/code reports.

  • UPDATE 1-EBay to spin off PayPal in 2015 Tuesday, 30 Sep 2014 | 7:36 AM ET

    Sept 30- EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. EBay Chief Executive John Donahoe had resisted demands by activist investor Carl Icahn to hive off the service, saying PayPal was integral to eBay's business- and vice versa.

  • US Bank to refund $48M for credit card rip-off Friday, 26 Sep 2014 | 5:55 AM ET

    U.S. Bank is refunding about $48 million in the latest federal settlement over improper billing for products that customers didn't receive.

  • Why Buffett is always betting big on bank stocks Thursday, 25 Sep 2014 | 9:00 AM ET
    Goldman Sachs Group CEO Lloyd Blankfein (left) and Warren Buffett, CEO of Berkshire Hathaway

    Why are financial stocks the cornerstone of Warren Buffett's empire? His love of bank stocks can be explained in two key investing concepts.

  • Jack Ma gets it—he LOVES Wall Street Monday, 22 Sep 2014 | 11:32 AM ET
    Jack Ma and Art Cashin

    Here's why Jack Ma is smarter than Mark Zuckerberg, says trader-turned-comedian Raj Mahal.

  • Rivals dash to support Apple Pay for fear of losing out Saturday, 20 Sep 2014 | 3:12 AM ET
    Apple CEO Tim Cook speaks during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.

    Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.

  • Apple wants to change the way you spend money Friday, 19 Sep 2014 | 1:39 PM ET
    Tim Cook announced Apple Pay during a company special event at the Flint Center for the Performing Arts on Sept. 9, 2014 in Cupertino, California.

    As fans pocket new iPhone 6 models, they'll be discovering a new function: Apple Pay. Will consumers and merchants adopt the new payment technology?

  • Apple Pay won't bite into bitcoin: Winklevoss Thursday, 18 Sep 2014 | 12:52 PM ET
    Bitcoin medals are shown in Washington.

    Apple's mobile payments service and the cryptocurrency are "not super comparable," says investor Cameron Winklevoss.

  • Did Apple’s Tim Cook think differently enough? Sunday, 14 Sep 2014 | 3:00 PM ET
    Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.

    With all the new Apple products introduced this week, it might be the software that makes the biggest splash.