American Express President Alfred Kelly Jr. to step down in early 2010October 5th, 2009 Amex President Alfred Kelly to leave companyNEW YORK — American Express Co. says its president, Alfred F.
Now, flight check-in at Dhaula Kuan Metro stationOctober 4th, 2009 NEW DELHI - In a bid to boost the convenience for its commuters, the Delhi Metro Sunday announced that airline passengers will be able to check in for their flights at the Dhaula Kuan station on the Airport Express line. This will be the third City Airport Terminal (CAT) along this route.
Now Kolkata-Delhi in 16 hours as Mamata flags off Duronto ExpressSeptember 18th, 2009 KOLKATA - A new superfast train service was launched in India Friday that promises to cut travelling time between New Delhi and Kolkata by 90 minutes without any stops on the way. Flagged off by Railway Minister Mamata Banerjee, the the splashily painted Duronto - speedy in Bengali - Express will cover the 1,454 km distance between Sealdah station in Kolkata and New Delhi 90 minutes quicker than the present inter-city Rajdhani Express.
Mamata flags off Sealdah-New Delhi Duronto ExpressSeptember 18th, 2009 KOLKATA - Fulfilling a budget promise, Railway Minister Mamata Banerjee Friday flagged off the Duronto Express - a non-stop train that will cover the 1,454 km distance between Sealdah in West Bengal and New Delhi 90 minutes quicker than the Rajdhani. While the Rajdhani Express completes the journey in 18 hours, Duronto takes only 16 hours and 30 minutes.
Bidders for British bus-train operator National Express sweeten offerSeptember 3rd, 2009 UK's National Express gets sweetened takeover bidLONDON — The partners bidding to take over National Express Group PLC on Thursday tabled a final indicative offer that values the bus and train operator at 765 million pounds ($1.25 billion). The offer by the Cosmen family and CVC Capital Partners Ltd.
Psychologists on how to help distressed colleagues; Airfare rates drop as employees fly coachAugust 25th, 2009 Psychologists on how to help distressed colleaguesPREVENTING TRAGEDIES: The stresses of hard times can overwhelm someone without a support system of family and friends, psychologists say, sometimes even leading to tragedies at a work site. The Labor Department, for example, reported recently that suicides at a workplace rose to 251 last year, the highest since record-keeping began in 1992.
American Express warns some cardholders that their account data was stolen by an employeeAugust 13th, 2009 Amex cardholders' data stolen by employeeNEW YORK — Some American Express card members' accounts may have been compromised by an employee's recent theft of data, the company said Thursday. American Express Co.
American Express buys back TARP warrants from Treasury Department for $340 millionJuly 29th, 2009 American Express repurchases TARP warrantsNEW YORK — American Express Co. said Wednesday it repurchased outstanding warrants issued to the government as part of the Troubled Asset Relief Program for $340 million.
Stagecoach in exclusive talks with potential buyers of rival National Express about a dealJuly 27th, 2009 Stagecoach joins bidders for National ExpressLONDON — Stagecoach Group PLC said Monday it is in exclusive talks with the potential buyers of coach operator National Express PLC over a possible breakup of the struggling company. Private equity group CVC Capital Partners has joined with a major National Express shareholder, the Cosmen family of Spain, in making a bid to take over the bus and rail company.
Spanish shareholder, CVC Capital Partners join in bid for UK's National ExpressJuly 24th, 2009 Spanish shareholder joins bid for National ExpressLONDON — A major shareholder in National Express Group PLC has joined with private equity group CVC Capital Partners in a bid to take over the bus and rail company, CVC said Friday. CVC said it was working with the Cosmen family of Spain, which holds an 18.5 percent stake in National Express, on a possible all-cash bid.
MetLife names American Express president to corporate boardJune 23rd, 2009 MetLife names American Express president to boardNEW YORK — Insurer MetLife Inc. said Tuesday it named the president of American Express Co.
Texas authorities say flying object near Continental Express plane may have been model rocketJune 7th, 2009 Object flying by plane may have been model rocketLIBERTY, Texas — Investigators in Texas say a flying object that narrowly missed a Continental Express plane last month may have been a large model rocket. The jet's pilot and co-pilot spotted the object and a long white vapor trail shortly after they took off from Houston's George Bush Intercontinental Airport on May 29.
American Express says proceeds from $500 million public equity offering could pay back TARPJune 1st, 2009 American Express to offer $500 million in stockNEW YORK — American Express says it will sell $500 million worth of its common stock in a public offering, and use the proceeds in part to pay back government bailout funds. The New York-based credit card company says it will use the proceeds for general corporate purposes, including repurchasing some of the $3.4 billion worth of preferred shares it issued to the U.S.
American Airlines to let frequent fliers use miles for 1-way trips, mix different awardsMay 11th, 2009 American to let customers use miles on 1-way tripsDALLAS — American Airlines says it will let frequent fliers use miles to book one-way trips for half the miles of a round trip. The airline will also let customers redeem miles to fly one leg of a round trip in first-class and fewer miles to fly in coach on the other leg.
American Express profits plunge 72 percentJanuary 26th, 2009 NEW YORK - Credit card company American Express said Monday its profits plunged 72 percent as customers fell behind on loan payments and were also spending less amid the widening recession. Profits fell to $238 million from $858 million a year earlier.