Daniel Henry

American Express CFO Daniel Henry to Retire Later This Year

American Express Co., the biggest credit-card issuer by purchases, said Chief Financial Officer Daniel T. Henry is retiring later this year.

Groupon Bolsters Board With AmEx’s Henry, Deloitte’s Bass

Groupon Inc. said Daniel Henry, the finance chief of American Express Co., and Robert Bass, a vice chairman of Deloitte LLP, will become directors, underscoring efforts to shore up investors’ confidence in its accounting.

AmEx Profit Meets Estimates as Card-Spending Growth Slows

American Express Co., the biggest credit-card issuer by purchases, reported a third-quarter profit that matched analysts’ estimates as card-spending growth slowed.

Jewish Dealer Heir Urges Decision on Klee, Gris Artworks

The heir of a prominent Jewish art dealer who fled Adolf Hitler’s Germany urged the state of North Rhine-Westphalia to relinquish paintings by Paul Klee and Juan Gris that he says were lost due to Nazi persecution.

AmEx Says U.S. Card Income Fell 42% as Loss Provisions Increased

American Express Co., the lender that plans to cut 5,400 jobs this year, said profit at its U.S. card business declined 42 percent in the fourth quarter as the firm set aside more money to cover soured loans.

AmEx Profit Rises on Record Card Spending

American Express Co., the biggest credit-card issuer by purchases, posted a third-quarter profit that beat analysts’ estimates as customer spending climbed and fewer borrowers defaulted.

Groupon Chief Tested as Board Meets to Discuss His Fate

Andrew Mason’s role as chief executive officer of Groupon Inc. is on the line as board members meeting today in Chicago discuss whether to seek new leadership at the top of the troubled provider of daily coupons.

American Express Quarterly Profit Gains 27% on Record Credit-Card Spending

American Express Co., the biggest credit-card issuer by purchases, said profit increased as spending by its customers climbed to a record and the firm trimmed funds to cover bad loans.

SEC Questioned Groupon Over Weak Financial Controls

The U.S. Securities and Exchange Commission asked Groupon Inc. to explain its accounting for coupon refunds and other aspects of its business after the daily deal site revised 2011 results and disclosed a “material weakness” in its financial controls.

Groupon Board Said to Consider CEO Change as Growth Slows

Some Groupon Inc. directors plan to discuss a possible leadership change amid concern that Chief Executive Officer Andrew Mason is mishandling the company’s turnaround, a person familiar with the matter said.

"The reason that we've taken a bigger step in business travel as part of this restructuring is that we now have a new leadership team in place who proposed turning up the dial on our reengineering efforts in response to the changes that we're seeing in the business landscape."

- Daniel Henry on Jan 17, 2013

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U.S. Stocks Little Changed on Jobless Claims, Home Data

Jobless Claims in U.S. Jump to Highest Level in Six Weeks

WTI Crude Recovers After Falling on Signs of Weaker Fuel Demand

Housing Starts in U.S. Fell in April to Five-Month Low

European Stocks Little Changed Near Highest Since 2008