American Express Co will cut more than 4,000 jobs this year, an executive said, after the credit card company also reported higher quarterly expenses and provisions for bad loans.
Regions
Deadly attacks could have lasting impact on Paris tourism
The deadly attacks in Paris earlier this month could have a lasting impact on tourism if anti-France protests that have swept the Muslim world lead wealthy Arabs to shun the city.
U.S. refinery workers, oil firms start talks for new contract
Union and oil company negotiators began talks on Wednesday for a new nationwide contract covering hourly workers at 63 U.S. refineries that account for 64 percent of national refining capacity, according to a union spokeswoman.
Gates foundation sees huge gains against disease, poverty by 2030
Worldwide child deaths will be halved over the next 15 years, polio, guinea worm and river blindness will be eradicated, and there will be a single-dose cure for malaria.
New York's governor outlines $142 billion state budget, caps spending
New York's Governor Andrew Cuomo announced a $142 billion state budget on Wednesday that keeps spending growth below 2 percent and promises more money for big-ticket infrastructure projects while cutting property taxes.
Latest News
Asian shares held near eight-week highs on Thursday as investors bet on the likely size and scope of a bond-buying program the European Central Bank is poised to unveil later in the day in an attempt to revive the flagging euro zone economy.
The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy tool for breathing life into the flagging euro zone economy and fending off deflation.
Oil prices edged up on Wednesday in a further sign of support around current levels, but analysts said the outlook for the next six months remained bleak due to oversupply.
The Swiss currency shock has raised an awkward question many investors have been fearful of asking - what if central banks become as unpredictable and fallible as they are powerful?
French newspaper "Le Monde" said its twitter account and publishing tool were hacked by a group called the "Syrian Electronic Army", an amorphous hacker collective that supports Syrian President Bashar al-Assad.
After four years of economic sacrifices, Greece bet it could agree an early end to its international bailout. Instead a stand off with creditors in a Paris townhouse led to new political uncertainty and another euro zone storm.
Hong Kong's Cheung Kong Infrastructure Holdings Ltd, backed by Li Ka-shing, Asia's richest man, has bought Britain's Eversholt Rail for an enterprise value of 2.5 billion pounds ($3.8 billion), the latest in a string of Asian buyers targeting European assets.
President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals.
The Bank of Japan cut next fiscal year's inflation forecast on Wednesday and expanded a loan scheme aimed at boosting lending, acting to deflect criticism that it is sitting idly as slumping oil prices keep inflation well short of its target.
