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New Synchrony CEO bets on health care, e-commerce to drive growth
Brian Doubles, the new CEO of Synchrony Financial, is focusing on partnerships with e-commerce companies and health care providers as the credit card issuer expects a resurgence in consumer spending. Doubles is a longtime Synchrony executive who last week announced a reorganization of the company that will separate online partners such as Amazon and Venmo …
Ask for Break on Fees and Interest Rates – NBC Boston
If you are struggling with credit card debt, now is the time to pick up the phone. Ask for your card issuers to give you a break on fees and interest rates, and a recent survey from Lending Tree shows that you are likely to get it. “I was actually really scared and nervous to …
American Express to Buy Financial Technology Firm Kabbage. Amex Stock Drops
Text size Andrew Harrer/Bloomberg American Express has agreed to buy nearly all of fintech Kabbage as it seeks to expand its services for small businesses. Financial terms weren’t announced, although press reports peg the sale at $850 million. AmEx (ticker: AXP) is buying Kabbage’s team as well as its suite of financial technology products, data …
Big Technology Stocks Dominate ESG Funds
Funds that market themselves as sustainable investments aren’t necessarily focused on companies that fight climate change, develop wind turbines or promote diverse boards. Instead, many of them look a lot like a portfolio of big technology stocks. The five most commonly held S&P 500 stocks in actively managed sustainable equity funds last fall were Microsoft …
Cyber Monday Sales Expected To Hit Record Breaking $9 Billion – CBS Dallas / Fort Worth
ARLINGTON (CBSDFW.COM) – Cyber Monday sales are expected to break a record of more than $9 billion in 2019, according to experts. CBS 11 News reporter Ken Molestina found several people sitting with a cup of coffee and their laptops surfing for Cyber Monday deals at Urban Alchemy Coffee + Wine bar in Arlington. “I’ve …
Santander and RBS still breaking legal rules on PPI for thousands of customers
Two of Britain’s biggest banks have been ordered to take action on PPI after failing to send thousands of customers legally binding annual statements. The Competition and Markets Authority (CMA) said the two banks failed to send, or sent inaccurate, annual PPI reminders to customers dating as far back as six years. They’ve now been …
The Dow components that drove the blue-chip stock index to a 27,000 milestone
Which company deserves the most credit for the Dow Jones Industrial Average’s run to a milestone at 27,000 since last posting a finish at or above a round-number milestone at 26,000 back on Jan. 17? Visa Inc. V, +0.80% …
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