Topic: Kenneth Chenault
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American Express to slash 5,400 jobs
American Express Co. said Thursday that it will cut about 5,400 jobs, mainly in its travel business. The job cuts will be partly offset by jobs that American Express expects to add this year.
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Forget the mall. It's 'Small Business Saturday'
This is "Small Business Saturday" when shoppers are urged to visit local businesses. Getting away from the malls and out of the big box stores helps the local economy since more of the money spent stays in the community.
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Jobs council to Obama: Here's how to create one million jobs quickly
President Obama meets with his jobs council, which offers him its proposal for how to add one million positions to the US job market without help from Congress.
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Credit cards: Profits soar at American Express
Credit cards boosted quarterly profits by 71 percent at American Express.
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Do college presidents need a pay czar?
While the top 25 best compensated, bailout-taking CEOs saw their salaries dip, the top 25 highest paid college presidents saw largely smooth increases. Does higher ed need a pay czar?
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Stress tests behind them, banks move to pay back TARP funds
Some firms, including Morgan Stanley, race to prove they can fund themselves by turning to private investors.
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