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After three surgeries, Judy Sherer still had chronic pain in her left shoulder. She'd lost faith in her doctors, and in despair tried a new health benefit offered by her employer. In a sign that even wealthier consumers are feeling the pinch of the credit crisis, American Express Co. said its second-quarter profit tumbled as it set aside more money to cover souring loans across all its portfolios.
Ex-con sues AmEx, says it aided search for him
A disbarred Manhattan lawyer who pleaded guilty to statutory rape has sued the American Express Co. for giving police credit card information he says led to his capture. Wall Street surged higher last week, but that's cold comfort to people whose stock portfolios are still down more than 10 percent this year. So how old is John McCain? Six-packs, automatic transmissions and the American Express card were all introduced after he was born - not to mention computers, which McCain admits he doesn't use.
Hezbollah attack victims' relatives sue 2 banks
A group of Americans, Canadians and Israelis who claim Hezbollah rocket attacks injured them and killed relatives have accused two banks of helping finance the terrorist attacks and have sued them for $650 million. Sheila Dixon sits watching the flat-screen television mounted on the wall at the CBS Radio studio off Falls Road.
Ka-ching! Consumers borrow mostly on credit cards
Consumers boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases. For years, North Beach has been waiting for an inexpensive family-style Italian dinner house like Joey & Eddie’s.
Discover's profit rises on higher card use
Discover posted a healthier quarterly profit Thursday than Wall Street expected - no thanks to the lending business, however. More American Express Company Stories
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