American Express Company Stock News

In light of developments around Ukraine, "American Express is suspending all operations in Russia

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More

"In light of Russia''s ongoing, unjustified attack on the people of Ukraine, American Express is suspending all operations in Russia," the credit card company said.

American Express has announced that it is suspending service to Russia and Belarus.

American Express suspends operations in Russia and Belarus

American Express announced on Sunday that it was suspending operations in Russia and Belarus. American Express

American Express has announced it is suspending "all operations" in Russia, while TikTok users will not be able to upload new content there.

TikTok, American Express Co. and Netflix Inc. joined the long list of companies suspending operations in Russia on Sunday, in response to the invasion of Ukraine and Russia's crackdown on the media.

American Express on Sunday said it will suspend operations in Russia over its military invasion of Ukraine.

American Express is the latest credit card company to announce it is ending its operations in Russia as its invasion into Ukraine escalates.

American Express Co said on Sunday it was suspending all operations in Russia and Belarus, following a similar move the previous day by fellow U.S. payments firms Visa Inc and Mastercard Inc over the

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week''s bullish calls included a top e-commerce platform and a software company behind a popular video teleconferencing app. A leading pharmaceutical company along with a microblogging/social networking service company were among the bearish calls seen. Strong jobs numbers and an unemployment rate of 3.8% reported on Friday were not enough to push major indexes higher. The Dow Jones Industrial Average ended its fourth week of losses and bond yields recorded their biggest one-week fall since March 2020 as the Russian military invasion of Ukraine intensified. The Dow finished the week down 1.3%, the S&P 500 also fell by 1.3% while the Nasdaq dropped by 2.8% for the week. The price of front-month futures for Brent Crude Oil rose 25% this week to $118.11, closing at its highest level since 2013. Goldman Sachs analysts said Thursday that higher oil prices and the resulting spike in gas prices are the “key inflation risk for the United States.” Benzinga continues to examine the prospects for many of the stocks most popular with investors.

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