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  1. American Express Accused in Trial of Insurance Overcharges (Bloomberg)
    www.bloomberg.com
    Nov. 5 (Bloomberg) -- American Express Co. customers were charged hundreds of millions of dollars for travel insurance that was never provided, lawyers for cardholders told a California judge.
  2. American Express to cut 7,000 jobs - Associated Press
    hosted.ap.org
    NEW YORK (AP) -- In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co. said Thursday that it plans to cut 7,000 jobs, or about 10 percent of its worldwide work force, in an effort to slash costs by $1.8 ...