Kenneth Chenault News
American Express 2Q profit falls 33 percent, due to Costco
Credit card company American Express said its second-quarter profit fell 33 percent, largely due to the fact that it had a significant one-time gain last year tied to the winding down of its business relationship with Costco . The New York-based company earned $1.31 billion in three-month period
American Express President Ed Gilligan Dies on Flight From Japan
American Express president Edward "Ed" Gilligan died on a flight from Japan to New York this morning, chief executive Kenneth Chenault said in a letter to employees. Gilligan, 55, "became seriously ill on a flight home to New York this morning and passed away," Chenault wrote in the letter,
By MICHAEL FALCONE (@michaelpfalcone) NOTABLES OBAMA AND CLINTON PARTY ON THE VINEYARD: No word on whether they “hugged it out,” but, according to the White House, the President and First Lady were “happy to have the chance to spend time with Secretary Clinton and former...
The Top 10 Highest-Paid CEOs Led by CBS' Leslie Moonves
Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years. Equilar , an executive compensation data firm, released its annual data with the Associated Press, putting Moonves at the top of the list for fiscal
Deal Or No Deal? (The Note)
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter) NOTABLES: OBAMA SIGNALS SUPPORT FOR GUN CONTROL BILL: The White House yesterday indicated President Obama would support legislation that would reinstate the ban on certain types of semi-automatic rifles–known as “the assault ...
The Note's Must-Reads for Wednesday, December 19, 2012
The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com Compiled by ABC News’ Jayce Henderson and Amanda VanAllen PRESIDENT OBAMA The New York Times’ Peter Baker:...
Obama Sees 'No Evidence' National Security Imperiled in Petraeus Scandal
President Obama said today that he has seen "no evidence" that U.S. national security was jeopardized in the unfolding scandal between disgraced former CIA director David Petraeus and his biographer, Paula Broadwell. "I have no evidence at this point from what I've seen that classified information
At White House Grilling, Obama Will Have A Full Plate (The Note)
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter) NOTABLES: TODAY AT THE WHITE HOUSE: President Obama holds his first post-election news conference at 1:30 pm ET in the East Room of the White House. TUNE IN: ABC News will carry the president’s news conference live...
The Note's Must-Reads for Tuesday November 13, 2012
The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com Compiled by ABC News’ Carrie Halperin, Jayce Henderson and Amanda VanAllen GENERAL PETRAEUS / GENERAL JOHN ALLEN ...
Vacationing Obama Calls CEOs for Ideas on New Jobs Plan
On a day that the Congressional Budget Office predicted slow economic growth, and an unemployment rate still over 8% by the end of next year, the White House says the President continues to work on his new jobs plan during his Martha’s Vineyard vacation. And the President is taking some advice.