NEW YORK - American Express on Wednesday has said it had reached a settlement with Visa, removing Visa from a lawsuit American Express had filed against rivals for anti-competitive practices.
DETROIT - General Motors Corp posted its largegest quarterly net loss on Wednesday, reflecting a $39 billion charge related to unclaimed tax credits and a deeper-than-expected loss at former finance subsidiary GMAC.
NEW YORK - Oil prices slipped into negative territory on Wednesday, retreating from an all-time high above $98 a barrel as speculators took profits from the record rally.
DETROIT - General Motors Corp posted its largegest quarterly net loss on Wednesday, reflecting a $39-billion charge related to unclaimed tax credits and a deeper-than-expected loss at former finance subsidiary GMAC.
NEW YORK - Visa, the world’s largegest credit card network, could pay rival American Express Co $2.25 billion in an antitrust settlement, CNBC television reported on Wednesday.
LOS ANGELES - Tesco will debut its United States grocery stores on Wednesday to a select group of local officials, though activists skeptical of the British retailer’s promise to bring wholea few foods to overlooked neighborhoods have pledged to challenge the company.