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Business

The iconic AmEx ‘Green Card’ turns 50, gets a needed revamp

NEW YORK (AP) — For 50 years, the American Express “Green Card” has been the card many people wouldn’t leave home without. Launched in 1969, the Green Card gave travelers a sense of importance they didn’t feel carrying travelers’ cheques. For many people, it was their first AmEx ...

Nissan ex-chairman Ghosn’s lawyers want charges dismissed

TOKYO (AP) — The lawyers of former Nissan Chairman Carlos Ghosn, who is awaiting trial in Japan, said Thursday they have requested that financial misconduct charges against him be dismissed. They said in a statement that they filed papers in Tokyo District Court alleging prosecutorial ...

Stocks eke out gains after a mixed set of earnings reports

U.S. stock indexes eked out tiny gains Wednesday following a wobbly day of trading as investors reviewed another set of mixed quarterly report cards from big companies. Some of the companies’ earnings topped analysts’ expectations. Others put traders in a selling mood after warning that ...

Anthem 3Q profit jumps 23%, helped by enrollment gains

INDIANAPOLIS (AP) — Anthem’s third-quarter profit jumped 23%, and the Blue Cross-Blue Shield insurer raised its 2019 forecast after pulling in more people covered by Medicare Advantage and Medicaid. Anthem also gave investors an initial glimpse into next year’s profit ...

Boeing costs for 737 Max jump, profit falls short in 3Q

DALLAS (AP) — Boeing signaled Wednesday that it is close to completing its fix to the 737 Max and still expects it to be approved to fly before the end of the year. The troubled plane has been a drag on the company each day it remains grounded after two fatal crashes. Boeing reported that ...

US stock indexes close lower on mixed company earnings

A choppy day of trading on Wall Street ended Tuesday with stocks closing lower after a sell-off in technology stocks strengthened toward the end of the day. That late-afternoon burst of selling erased modest gains for the market, which was coming off two weeks of gains. The major indexes ...

Autoworkers from closed plants fight new GM contract

DETROIT (AP) — If they can close our plant, they can close yours, too. That’s the message from workers at three shuttered General Motors factories that didn’t get new products under the tentative contract agreement reached last week between GM and the United Auto Workers, who have been ...

UK lawmaker challenges Facebook on political ads

LONDON (AP) — An influential British lawmaker challenged Facebook’s new effort to safeguard elections on Tuesday, warning that they will place a heavy constraint on the company’s ability to combat misinformation. Damian Collins, the chair of the Parliament media committee, wrote to ...

US stocks close broadly higher, led by tech companies, banks

Technology companies and banks helped power stocks on Wall Street broadly higher Monday, extending the market’s gains of the past two weeks. The rally came as investors found fresh reason for optimism as the U.S. and China continue negotiations aimed at resolving their costly trade war. ...