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With its deal to buy Revolution Money, American Express is taking aim at the growing market for online and alternative payments, in a challenge to recognized leader PayPal, analysts say.
Goldman Sachs Group (GS) is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners with college scholarships and boost their access to capital.
Stocks could sputter with Black Friday eyed NEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile. Investors will also get a glimpse of how holiday shopping could...
Andrew Jackson would assuredly be pleased at the rising congressional distrust of the Federal Reserve. The populist president, who won re-election in 1832 on a platform of abolishing the Second Bank of the United States, was an early hater of power concentrated in huge financial institutions.
A Canadian woman on long-term sick leave for depression says she lost her benefits because her insurance agent found photos of her on Facebook in which she appeared to be having fun.
An auction house says it is selling a rare first edition of Charles Darwin's "On the Origin of Species" found in a family's guest lavatory in southern England.
President Barack Obama's planned overhaul of the US health care system headed Sunday for another major political battle after it cleared a key Senate hurdle that allows for debate on the proposal.
A hotel in the glitzy Asian gambling haven of Macau will display Michael Jackson's rhinestone-encrusted glove after paying 350,000 dollars for the piece of pop history at auction, the hotel said on Sunday.
An investment company owned by Qatar's sovereign wealth fund has signed a $26 billion (euro17 billion) joint venture with Germany's national railway operator to build a railroad network in the natural gas-rich Gulf sheikdom.
Senate Majority Leader Harry Reid eked out 60 votes on a procedural motion to start the health care debate Saturday night – so there’s no guarantee he can pass a bill on the merits.
Pirates hijacked a Greek-owned bulk carrier on Thursday in the Gulf of Aden near Yemen, a Kenyan maritime official said on Sunday, but Greek officials said the attack may have been unsuccessful.
Nov. 22 (Bloomberg) -- Bank of America Corp. ’s board may extend its search for a new, permanent chief executive officer into 2010 if directors can’t settle on a candidate in the next four days, according to people familiar with the matter.
NEW YORK--WIRED magazine today announced that American Express (www.americanexpress.com) and Chevy (chevy.com/camaro) are presenting sponsors of the WIRED Store, the magazine’s fifth annual marquee gallery-meets-retail experience.
How to manage the growing stream of e-mails, IMs, Facebook updates and tweets.
What's Your Reaction? We need corporate reform by way of requiring all shareholders to approve all pay of all executives at all publicly traded corporations. Only then will this looting insanity end.
ONE OUT OF 10 American workers will not have a job for which to express gratitude this Thanksgiving. If you add what the Bureau of Labor Statistics calls "marginally attached workers" and those who want to work full time but can find only part-time jobs, then the true employment picture looks even...
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