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Two wars and a deepening financial crisis have raised expectations that whoever wins the U.S. presidential election on Tuesday will move quickly to announce picks for senior government jobs.

American Express will cut 7,000 jobs (USA Today)
American Express says it will cut 7,000 jobs, or about 10% of its work force, as part of an effort to slash costs by $1.8 billion in 2009.

American Express to cut 7,000 jobs, save $1.8 billion (Washington Post)
NEW YORK (Reuters) - American Express Co said on Thursday it will cut 7,000 jobs, slash expenses and scale back investments to save $1.8 billion next year, in its biggest restructuring since 2001 as it struggles with bad loans and surging funding costs.

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