American Express | featured news

American Express and Wal-Mart announced Tuesday that their prepaid debit card accounts will now be backed by the Federal Deposit Insurance Corp., making them one of the last major providers to sign on to the government backstop. Read full article >>

American Express Co. says it will slash roughly 5,400 jobs, mainly in its travel business, and book a $287 million restructuring charge.

Verizon Wireless will use technology from American Express for mobile phone payments, allowing Verizon customers to use the financial company's Serve software to make online payments.

American Express introduced a reloadable prepaid card that isn't packed with hidden fees.

Financial stocks led a stock-market rally after the jobs report. AIG surged 20% and American Express led blue chips.

Actor Karl Malden, who won an Oscar playing opposite Marlon Brando in "A Streetcar Named Desire" and became known to millions as the American Express pitchman who warned, "Don't leave home without it," died Wednesday at his home in Brentwood at age 97.

Malden died of natural causes, the actor's daughter, Mila Doerner, told the Los Angeles Times.

The Chica