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AmEx profit falls 8.2 percent
American Express Co's (AXP.N) quarterly profit fell 8.2 percent as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.Net income attributable to common shareholders fell to $825 million, or 88 cents per share, in the fourth quarter ended Dec. 31, from $899 million, or
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U.S. equity futures at six-week low after Trump healthcare setback
By Jessica Toonkel and Jennifer Ablan U.S. equity index futures fell to a six-week low on Sunday in a sign Wall
China securities regulator chairman condemns 'barbaric' company buy-outs by asset managers
BEIJING The chairman of China's securities regulator condemned "barbaric" leveraged company buy-outs by some asset managers using illegal funds, according to a statement posted on the China Securities Regulatory Commission (CSRC) website on Saturday. "You've ultimately become a robber in
GM to cut 625 auto jobs in Canada, move to Mexico: union
TORONTO General Motors Co will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario, by the end of July and move some production work to Mexico, the president of Canada's largest auto workers union said on Friday."This came
