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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. Read about the Amex second quarter earnings call, a trip to Montenegro, another weird fee for Marriott stays, best hotels with breathtaking views in NYC, cell phone insurance expands in NY.
American Express CEO: Consumer spending is powering back
“We acquired 2.4 million cards and so sequentially, we continue to acquire more and more cards and those cards tend to be more fee-based cards,” Squeri tells Yahoo Finance in a phone interview moments after the company reported second quarter earnings on Friday.
“We’ve got almost 66% of the cards we acquired this quarter were fee-based cards, and 57% of those cards were millennial cards as well — so that we feel really good about that. Our current member retention is really at all-time highs, and we’re retaining more card members than we’ve ever had.”
Everything You’re Dying to Know About Montenegro
Great pictures and lots of information if you are looking for travel ideas.
This Marriott Tacks On An Undisclosed 4% Extra Fee For The Lightbulbs In Your Room
This surcharge isn’t disclosed to customers when booking their room. The Marriott website only informs of government taxes and fees, not hotel-imposed additional charges.
The best hotels with breathtaking views in NYC
To guarantee jaw-dropping Instagram-able snaps, you’d do well to pick from the best hotels in New York City, all of which come with breathtaking views.
Obviously don’t forget to bring your phone/camera, but also remember to take a camera-free moment to let the magnificence that is New York astound you. These panoramas are among the best New York attractions in themselves.
Governor Cuomo Signs Legislation Expanding Insurance Coverage for Personal Cell Phones
Governor Andrew M. Cuomo today signed legislation (S.4483/A.4672) that will allow New Yorkers a new, less-expensive way to obtain insurance protection for their cell phones through their credit card, debit card or checking account. Prior to the passage of the legislation, state law did not allow credit or debit card issuers and banks to insure their customers’ wireless communication devices from damage, loss or theft.
Due to the portable nature of cell phones, they are often susceptible to damage, loss, theft, and mechanical breakdown. Safeguards for a person who experiences one of these losses in the form of insurance is often important given the high cost of a replacement device.
