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Supreme Court favors American Express in anti-class action ruling

By Lawrence Hurley and Andrew Longstreth WASHINGTON (Reuters) – The Supreme Court ruled on Thursday that an arbitration agreement prevents merchants from bringing class action claims against American Express Co <AXP.N>. The nine-member court ruled on a 5-3 vote, with liberal Justice Sonia Sotomayor recused, that American Express’s arbitration agreement…

AmEx teams up with Twitter to offer shop discounts

American Express has teamed up with Twitter to allow users to synchronize their credit cards with the micro-blogging site and take advantage of store discounts with a simple tweet. AmEx said Tuesday that clients would be able to get exclusive discounts loaded onto their cards by mentioning offers by #hashtag on the popular micro-blogging site. When…

U.S. shoppers to carry on, post-Christmas

Christmas may be over, but US shoppers will fill stores this week to use their new gift cards, look for post-holiday bargains — and to exchange some unwanted presents, industry trackers say. Fifty-seven percent of Americans planned to shop on Monday, the day after Christmas, as compared with 43 percent who…

Some U.S.-listed firms told to reveal Syria, Iran links: report

NEW YORK (Reuters) – At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed “state sponsors” of terror by the state department, the Financial Times said on Sunday. The inquiries are part…

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