• Credit card firm Capital One fined for violating U.S. anti-money laundering law

    Credit card firm Capital One fined for violating U.S. anti-money laundering law0

    FILE PHOTO: The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Credit card firm Capital One Financial Corp has been fined $390 million for engaging in what the U.S. government

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  • GM, Goldman Sachs, Mastercard join forces on credit card venture

    GM, Goldman Sachs, Mastercard join forces on credit card venture0

    Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. General Motors, Goldman Sachs and Mastercard are joining forces to create co-branded, rewards-based credit cards this year. Goldman will be the issuing bank for GM’s credit card programs starting in September. Mastercard will remain the network of choice, according to a joint release issued Friday. Ticker Security

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  • Disney enters $5 billion credit agreement

    Disney enters $5 billion credit agreement0

    A closed Disney store is pictured in Times Square following the outbreak of coronavirus disease (COVID-19), in the Manhattan borough of New York City, New York, U.S., March 23, 2020. REUTERS/Carlo Allegri (Reuters) – Walt Disney Co said on Monday it has entered an unsecured credit agreement for $5 billion, at a time when companies

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  • Of course Huawei will have its own credit card

    Of course Huawei will have its own credit card0

    Chinese phone manufacturers have a long history of taking Apple’s best ideas and making them their own. After all, who could forget when Xiaomi released a not-so-subtle riff on Memoji. So it shouldn’t come as any surprise to see a company like Huawei announce a credit card.  Huawei Consumer Business Group CEO Richard Yu unveiled the

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  • Corporate credit risk heightens as coronavirus impact spreads

    Corporate credit risk heightens as coronavirus impact spreads0

    By Megan Davies, Kate Duguid NEW YORK (Reuters) – Investor worries about corporate credit are heating up as the coronavirus spreads, with the prices of bond funds taking a hit, companies starting to draw on credit lines and some market watchers warning of the possibility that investors pull out of products. People wear masks at

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  • 1 Big Reason Having a High Credit Score Can Really Pay Off

    1 Big Reason Having a High Credit Score Can Really Pay Off0

    Your good credit could open the door to improving your overall financial situation. There are lots of reasons why having a good credit score is important. However, one of the biggest benefits of having excellent credit is that your score can open the door to opportunities that are likely to improve your financial situation over

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