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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
October 31, 2008
NEW YORK — The American Express Co., a big credit card lender, said Thursday that it would cut 10 percent of its work force, or about 7,000 jobs, as the company braced for an economic slowdown. Amex said it expected the reorganization to save $1.8 billion in 2009 as it anticipates a....