American Express Profits Surge 16% in Q3, Driven by Wealthy Card Members

NEW YORK (AP) — American Express reports a 16% increase in third-quarter profits, driven by higher card spending, especially among its wealthiest members. On Friday, the company announced earnings of $2.9 billion, up from $2.51 billion a year ago. Earnings per share rose to $4.14, beating analysts’ expectations. AmEx recently refreshed its Platinum Card, adding…MORE

President Trump Commutes Prison Sentence of Former U.S. Represenative George Santos

ASSOCIATED PRESS – WASHINGTON – (WBAP/KLIF) – President Donald Trump said Friday he had commuted the sentence of former U.S. Rep. George Santos, who is serving more than seven years in federal prison after pleading guilty to fraud and identity theft charges. The New York Republican was sentenced in April after admitting last year to deceiving donors and stealing the…MORE

Former National Security Adviser John Bolton Indicted

(WBAP/KLIF) — AP — Ex-Trump national security adviser John Bolton has been charged in a federal investigation into the potential mishandling of classified information. The investigation burst into public view in August when the FBI searched Bolton’s Maryland home and Washington office for classified records he may have illegally retained. Bolton’s attorney says many of…MORE