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Split billing. In the high-spending travel-and-entertainment card field, Diner's Club is introducing the "Double-Card." A subscriber gets two cards: one for personal use, another for business expenses. The monthly bill separately lists the items charged on each. Through Double-Card, Diner's (3.2 million cardholders) hopes to close in on American Express (9 million...

Author: /time Magazine | Title: Business: A War of Cards and Checks | 9/25/1978 | See Source »

...Diner's Club is offering checks through an arrangement with Thomas Cook & Sons; they are free, while American Express charges $1 per $100 in checks. Master Charge plans to begin selling traveler's checks, probably by late next year, and will allow them to be charged on its card. Visa is also considering a traveler's check venture...

Author: /time Magazine | Title: Business: A War of Cards and Checks | 9/25/1978 | See Source »

Outwardly, American Express shows no sign of concern about the increased competition ahead. Louis Gerstner, head of the company's card division, says he is "respectful" of some of his rivals, especially Diner's Club, but is skeptical about the bank cards that want to add traveler's checks. The business, he says, "may look simple, but it is very, very complex, requiring significant economies of scale and control that take years to develop." Yet many industry analysts believe American Express is facing some tough problems: while there is less and less room for it to grow...

Author: /time Magazine | Title: Business: A War of Cards and Checks | 9/25/1978 | See Source »

...WALK into the Loeb Ex before the beginning of When You Comin' Back, Red Ryder?, you are confronted by a reconstruction of a sleazy small-town diner and an actor dressed in greaser attire with a tattoo that says "Born Dead" on his arm smoking a cigarette as if it were a joint. Somehow it seems like a good time to go home and watch George Scott ground into double plays...

Author: By Joseph B. White, | Title: An American Nightmare | 8/18/1978 | See Source »

...acts of the play are set in a greasy spoon diner in a one-horse New Mexico town. The play opens with Red Ryder boldly announcing his plans to leave his stifling job as night man at the greasy spoon and hit the big time. He vents his frustration by bullying the pitiful, obese, waitress, Angel, who is quite apparently in love with him, though he scorns...

Author: By Joseph B. White, | Title: An American Nightmare | 8/18/1978 | See Source »

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