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American Express Company’s plans to cut approximately 3,500 jobs despite record third-quarter 2026 revenue of $20.06 billion highlight the contrast between resilient premium card spending, rising operating costs and the company’s push for greater efficiency. Representative image.

American Express profit rises 28% yet 3,500 jobs are going. What is AXP trying to fix?

Best Version Media names Chris Laurence CEO as Kevin O’Brien shifts to revenue leadership role

Civista Bancshares (CIVB) adds Firelands Health CEO Jeremy Normington-Slay to board as profits grow

Empire Steak House is coming to Delray Beach, but the former CUT 432 location presents a different challenge

Global developments shaping business, policy, and markets