| Feb 13, 2015
| 9:35 PM
NEW YORK — Costco Wholesale Corp., acknowledging its split with American Express Co., said Friday that it is close to reaching a deal with a new credit card company for exclusive rights to serve the giant retailer's customers.
Costco should be...
| Feb 13, 2015
| 4:02 PM
A group that advises a small portion of McDonald's shareholders says the company's board needs a makeover as much as the menu.
CtW Investment Group, which works with a number of union pension funds, laid out its demands in a letter sent Friday to the...
| Jan 28, 2015
| 2:29 PM
McDonald's named Google executive Margo Georgiadis as a member of its board Wednesday, a move that highlights the restaurant chain's efforts to improve its digital connections with customers.
"As we head into 2015, Margo brings unique capabilities and...
| Jan 12, 2015
| 12:46 PM
Millions more people will have free access to their FICO credit score this year. That's good news for consumers, since the number is widely used by lenders to check potential borrowers' financial health.
Bank of America Corp., JPMorgan Chase & Co. and...
| Jan 9, 2015
| 3:26 PM
Progressive Insurance has struck a deal with General Motors' OnStar unit in which participating drivers may get feedback on their motoring habits and might qualify for discounts on their coverage.
The partnership is the latest example of how car...
| Dec 11, 2014
| 11:03 AM
Discover Financial Services will spend more than $35 million in 2015 to issue credit and debit cards embedded with chips that are considered more secure than those with magnetic strips.
The new cards will include a microchip that should reduce incidents...
| Dec 9, 2014
| 9:35 AM
A group of banks, technology companies and hardware makers looking to improve upon the username-and-password login systems that keep getting hacked reached a pivotal point in the effort Tuesday.
The Fast Identity Online, or FIDO, Alliance announced that...
| Nov 21, 2014
| 9:42 AM
Some college students call home when they need extra cash. The same might happen after graduation, when student loans start coming due.
Graduates — many of whom start repayment this time of year, following a six-month grace period after spring...
| Oct 16, 2014
| 9:15 AM
Complaints about student loans are up almost 40 percent nationwide over the past year, a federal agency said this week. But gripes about local servicer Discover Financial Services are down slightly despite education lending being a bigger part of the...
| Sep 9, 2014
| 6:36 PM
Europe is hurting. But the continent's debt and stagnation problems aren't going to end soon.
Analysts don't think the salve that's being applied by the European Central Bank's interest rate cuts and bond buying is strong enough medicine to heal long-...
| Sep 11, 2014
| 6:13 PM
Conspicuously absent Tuesday from a list of companies participating in Apple Pay was Riverwoods-based Discover Financial Services.
That day, smartphone-maker Apple rolled out a new version of the iPhone as well as a new payment service called Apple Pay....