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American Express to cut 5,400 jobs

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

 

Wells Fargo to Cut 3,800 Jobs, Stop Subprime Loans

Wells Fargo said it will shut down a unit that makes "non-prime" real estate, auto and credit card loans and stop originating nonprime mortgages, eliminating a total of 3,800 jobs.

 

Credit card reforms up for Senate vote

Unable to stop the tide of foreclosures and job losses, lawmakers are hoping to give voters at least some breathing room in the ...

 

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