American Express Company (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company headquartered in New York City. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its credit card, charge card, and traveler's cheque businesses. 


Groupon Takes Aim At PayPal With Payment Service

Groupon Inc. is testing a payment service that will allow merchants to accept credit cards using its infrastructure, media reports said, pushing the coupon company into a market space already occupied by PayPal and Square.

JPMorgan Chase Rolls Out Prepaid Card To Recoup Lost Fees

JPMorgan Chase & Co. (NYSE:JPM), the largest and most profitable U.S. bank, will launch a reloadable prepaid card in its 5,541 branches this summer, aiming to attract new customers and recoup fees it has lost under recent regulatory changes.

Wall Street eases on IBM, Intel; Chesapeake slumps

Stocks were lower on Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy slumped after a Reuters report highlighted large and unusual personal loans taken by its chief executive.


A PayPal Here device affixed to a mobile phone is demonstrated in a handout photo.

PayPal Takes on Square in Mobile Payments

PayPal, the payments service owned by eBay Inc, jumped into the nascent mobile payments arena on Thursday with a new device that helps businesses accept credit and debit cards via mobile devices, taking on early-moving start-up Square Inc.

SHoP Wraps Green Sheath Around South Street Seaport

One of the oldest neighborhoods in Manhattan may soon get closer to nature. SHoP Architects and mall operator Howard Hughes Corp. (NYSE:HHC) unveiled an emerald proposal for the Pier 17 mall on the South Street Seaport last Thursday that will ease the historic district into the present.