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Keyword: americanexpress

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  • The big financial shift no one’s paying attention to

    04/07/2025 9:52:06 AM PDT · by EnderWiggin1970 · 9 replies
    Riskhedge ^ | 4/4/25 | Stephen McBride
    Are you ready for the Circle IPO? The “stablecoin” giant just filed to go public. It’s aiming for a valuation between $4 billion and $5 billion and plans to list on the NYSE as early as June under the ticker CRCL. It will be the biggest crypto IPO since Coinbase (COIN) went public back in 2021. Circle is the company behind USD Coin (USDC)— the world’s second-biggest stablecoin. I’ll share my favorite way to profit from the rise of stablecoins in a minute. First, let me quickly break down what stablecoins are and why they’re a huge disruption to the...
  • eBay will no longer accept American Express cards over ‘unacceptably high’ fees

    07/27/2024 2:47:21 PM PDT · by Recovering_Democrat · 43 replies
    The Verge ^ | 6/6/2024 | Emma Roth
    eBay will no longer accept American Express payments starting August 17th, the company announced on Wednesday. It blames the change on the “unacceptably high fees” for Amex credit card transactions. “Credit card transaction fees continue to rise unabated because of a lack of meaningful competition,” eBay writes in a notice to customers. “There is a need for more robust regulations to drive greater competition to credit card networks and help reduce transaction processing costs.” eBay still accepts Visa, Mastercard, Discover, and other payment methods, like PayPal, Apple Pay, Google Pay, and Venmo. Amex disagrees with eBay’s move, stating on its...
  • Is The American Express Platinum Card Worth The $695 Annual Fee?

    06/16/2024 6:27:46 PM PDT · by ChicagoConservative27 · 47 replies
    Forbes ^ | 06/16/2024 | David Rae
    Price is only an issue in the absence of value, and the American Express Platinum Card brings value. Keep reading as we share the valuable benefits that may make the $695 annual fee seem cheap compared to other credit cards that don't offer as many benefits. Yes, the American Express Platinum Card is one of the most expensive credit cards on the market. Depending on your spending and amount of travel, you may get huge value from this card. On the other hand, some of you may be better off with another credit card with a lower annual fee.
  • Another retailer bans American Express, joining revolt led by Costco

    06/06/2024 3:56:43 AM PDT · by C19fan · 41 replies
    UK Daily Mail ^ | June 5, 2024 | Tilly Armstrong
    eBay customers will no longer be able to use American Express cards to pay for purchases from this summer. The online marketplace announced Wednesday that it would no longer accept the cards from August 17. It blamed the 'unacceptably high fees' imposed byAmEx for processing transactions. It is a huge blow to American Express, which has become a favorite among Gen Z consumers, and whose customers are often the most attractive among merchants as they tend to spend the most money per month on their cards.
  • Mike Lindell says MyPillow has been crippled by American Express slashing their credit line: 'We really need everybody's help right now'

    09/30/2023 9:16:22 AM PDT · by Roman_War_Criminal · 83 replies
    Yahoo ^ | 9/28/23 | Kwan Wei Kevin Tan
    Mike Lindell said MyPillow was left crippled after American Express slashed their credit line. "No reason, no explanation, just dropped it down last Tuesday," he said on the "War Room" podcast. A Minnesota bank previously terminated Lindell as a client after calling him a "reputation risk." MyPillow CEO Mike Lindell said that his company has been crippled by American Express's decision to slash its credit line. "Steve, we really need everybody's help right now. We have things going on I'm going to let you all know this week," Lindell told fellow Trump ally Steve Bannon on the latter's "War Room"...
  • BREAKING: American Express just cut MyPillow's credit line by 90% after working with them for 15 years

    09/25/2023 3:23:47 PM PDT · by Macho MAGA Man · 52 replies
    Jack Posobiec on Twitter X ^ | September 25, 2023 | Jack Posobiec
    Jack Poso 🇺🇸 @JackPosobiec BREAKING: American Express just cut MyPillow's credit line by 90% after working with them for 15 years They are trying to take Mike and his American workers out of business
  • In a win for gun control advocates, Visa, Mastercard, and American Express plan to start separately categorizing sales at gun stores

    09/10/2022 7:46:12 PM PDT · by zeestephen · 147 replies
    Business Insider (via MSN.com) ^ | 10 September 2022 | Isabella Zavarise
    Visa, Mastercard and American Express will separately categorize sales at gun shops...The decision is a win for gun control advocates who say it will help track gun sales...Until Friday, gun store sales were considered general merchandise.
  • American Express slapped with lawsuit alleging discrimination against White employees

    08/28/2022 4:10:44 PM PDT · by george76 · 27 replies
    FOX Business ^ | August 24, 2022 | Jon Brown
    The former employee alleges 'anti-racism' policies at American Express fostered 'tremendous animosity' ... A former American Express employee filed a class-action complaint .. alleging that the credit card company exhibited "callous indifference" to civil rights law by terminating him because he is White and spoke out against its "racially discriminatory" policies. Brian Netzel, who worked a decade for Amex until he was terminated in 2020 .. he sued the company on behalf of himself and potentially thousands of other similarly situated employees ... The lawsuit alleges that amid the racial tensions roiling the U.S. in 2020, Amex implemented "anti-racism" policies...
  • Woke Credit Cards? Chris Rufo Says American Express Launched Gross Critical Race Theory Program

    08/12/2021 10:07:35 AM PDT · by JV3MRC · 14 replies
    NewsBusters ^ | 8/12/2021 | Joseph Vazquez
    American Big Tech companies apparently aren’t the only ones pushing woke ideologies. American Express (AmEx) was allegedly exposed for instituting a vehemently anti-American Critical Race Theory training program for its employees. Manhattan Institute Senior Fellow Christopher Rufo reportedly exposed how “AmEx executives created an internal ‘Anti-Racism Initiative’ that subjects employees to an extensive training program based on the core tenets of critical race theory.” The tenets included “‘systemic racism,’ ‘white privilege,’ and ‘intersectionality,’” according to alleged whistleblower documents obtained by Rufo. He reported in a tweet that the company has been using an outside firm to teach employees to “deconstruct...
  • Lie Of Credit — American Express Tells Its Workers Capitalism Is Racist

    08/11/2021 6:27:02 AM PDT · by Enlightened1 · 41 replies
    NY Post ^ | 08/11/21 | Christopher F. Rufo
    American Express, which made a $2.3 billion profit last quarter, invited the great-grandson of the Nation of Islam’s founder to tell its employees that capitalism is evil.It was part of the credit card giant’s critical race theory training program, which asks workers to deconstruct their racial and sexual identities, then rank themselves on a hierarchy of “privilege.”According to a trove of documents I’ve reviewed, AmEx executives created an internal “Anti-Racism Initiative” after George Floyd’s death last year, subjecting employees to a training program based on the core CRT tenets, including intersectionality, which reduces individuals to a tangle of racial, gender...
  • He Got $300,000 From Credit-Card Rewards. The IRS Said It Was Taxable Income.

    03/07/2021 3:41:19 PM PST · by DUMBGRUNT · 78 replies
    WSJ ^ | 7 Mar 2921 | Richard Ruben
    Konstantin Anikeev, an experimental physicist, assembled everything he needed for an inquiry far outside his field. His materials included American Express cards, the government’s view that credit-card rewards aren’t income, and his own willingness to spend time buying gift cards and money orders. He pulled the concept from personal-finance websites: Exploit the difference between unlimited 5% rewards and lower fees on gift cards and money orders. “If one has a theory, one can test it experimentally. Some are easier to test,” Mr. Anikeev said. “Others require a Large Hadron Collider or something like that. But this one was a bit...
  • Here’s the companies boycotting Cruz and Hawley

    01/13/2021 7:24:41 AM PST · by conservative98 · 53 replies
    the Mark Levin show ^ | January 12, 2021 | Mark Levin
    Posted on January 12, 2021 Here’s all the companies boycotting Ted Cruz, Josh Hawley, and other Republicans for objecting last weekFiled Under: Mark Speaks
  • Dow jumps more than 250 points after the US and Canada secure a deal to replace NAFTA

    10/01/2018 8:34:29 AM PDT · by Red Badger · 73 replies
    CNBC ^ | 10/01/2018 | Fred Imbert
    Stocks rose sharply on Monday as investors cheered news of Canada joining a trade deal with the United States and Mexico. The Dow Jones Industrial Average rose 264 points as American Express and Boeing outperformed. The S&P 500 gained 0.8 percent, led by 1 percent jumps in materials and industrials. The Nasdaq Composite advanced 0.7 percent as Amazon and Apple both climbed more than 1 percent. "The biggest risk factor [in the market] is a trade war and we've dialed that down a bit," said Mike Bailey, director of research at FBB Capital Partners. Bailey noted, however, the market may...
  • American Express on the Orbitz Hack

    03/21/2018 12:43:58 PM PDT · by tarpit · 10 replies
    American Express ^ | American Express
    FYI. Received this email from American Express. We are writing to let you know that American Express recently learned that our third-party vendor, Orbitz, was the victim of a cyber attack. The attack occurred on an Orbitz platform that serves as the underlying booking engine for Amextravel.com, and for travel arrangements made by calling an Amex Travel Representative. It was not an attack on, and did not compromise, the platforms American Express uses to manage your American Express® Card accounts. We are still working with Orbitz to get additional information, but we wanted to alert you as soon as possible....
  • Amex bails on Trump- assination in the park

    06/13/2017 2:32:38 PM PDT · by street_lawyer · 12 replies
    http://nypost.com/2017/06/12/american-express-latest-to-bail-on-trump-like-julius-caesar/ | 13 June 2017 | New York Post
    American Express is distancing itself from the controversial theatrical production of “Julius Caesar” that portrays a Donald Trump-like dictator who gets knife to death onstage, The Post has learned. BS Amex funds Public Theater's Shakespeare in the Park so the money is available for this atrocity cancel Amex besides many merchants will not accept it anyway. and the company is going down the tubes
  • I have stopped using American Express for the month...they went "Pride"...

    06/25/2016 12:08:05 PM PDT · by SoFloFreeper · 74 replies
    6/25/16 | sff
    I meant to post this a couple days ago but have been busy. I noticed on twitter that Amex is now using the symbol stolen from the Scripture by the homosexual community--the rainbow--to symbolize the company's avatar. the company American Express says it is commemorating homosexual behaviour throughout the month. in return, for the month I will be using one of my Visa cards--even though I use Amex regularly because of a decent return I've enjoyed via its "points" program. I urge any FREEPers who use credit responsibly to do the same.
  • Rubio charged Vegas trip, car repairs, tiling, to Fla. GOP credit card, new statements show

    11/08/2015 9:54:08 AM PST · by jimbo123 · 27 replies
    Newsmax ^ | 11/7/15 | Kellan Howell
    Marco Rubio's campaign office released Saturday new details on some of the personal charges the 2016 GOP presidential candidate made using an American Express card issued by the Republican Party of Florida. New statements from 2005 to 2006 show Mr. Rubio used the credit card to pay for a portion of a trip to Las Vegas, auto repairs, tiling and charges at a children's sports activity center.
  • Rubio vows to release credit card records amid claims of financial mismanagement (2005-06 records)

    11/06/2015 7:35:56 AM PST · by jimbo123 · 10 replies
    Fox News Latino ^ | 11/5/15 | Fox News Latino
    GOP presidential candidate Marco Rubio said Wednesday he'll release in the next few weeks all of the statements detailing his use of an American Express card he shared with the Republican Party of Florida. Rubio, a former speaker of the Florida House, had the party-issued card from February 2005 to November 2008. During his successful 2010 bid for U.S. Senate, news broke that Rubio had charged items such as grocery bills, plane tickets for his wife and repairs to the family minivan to the card. His spokesman, Alex Conant, said Wednesday that those expenses were for party business, and that...
  • Marco Rubio campaign says state GOP credit card use rules unclear

    11/06/2015 6:53:12 AM PST · by jimbo123 · 43 replies
    CNN ^ | 11/6/15 | Chris Frates
    Marco Rubio has spent a lot of time recently explaining how he used a Florida Republican Party American Express card, insisting that when he made personal charges, he paid for them himself. But there's an even more basic question about Rubio's Amex use, whether he should have been charging personal expenses to the corporate card in the first place. When Rubio was using the card, the Republican Party of Florida's policies stated that corporate cards were for "business use only," according to a report by an outside law firm that conducted an independent investigation into credit card expenditures at the...
  • From the Herald archives: Rubio charged personal bills on GOP card (2010)

    11/05/2015 1:37:29 PM PST · by jimbo123 · 32 replies
    Miami Herald ^ | 2/25/10 | BETH REINHARD AND SCOTT HIAASEN
    U.S. Senate candidate Marco Rubio charged grocery bills, repairs to the family minivan and purchases from a wine store less than a mile from his West Miami home to the Republican Party of Florida while he was speaker of the Florida House, according to records obtained by The Miami Herald/St. Petersburg Times. Rubio said Wednesday that he paid for all personal expenses billed to an American Express card given to him by the party to use from 2005 to 2008, when he left public office. The rest of the charges, he said, were legitimate party expenses. Those expenses include a...