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Made in the USA. We are a small women led business. We sell Premium Knitting Looms that we design, and cut on our CNC machine from MDF Board and then glue each of our Resin knitting pegs by hand. We h

Commitment to identifying quality assets at reasonable prices and investing with a long-term perspective, following the founding principles established by Laurence and Robert Tisch.

Value Investing

Conservative financial management practices including strong capital allocation, prudent risk assessment, and maintaining fortress balance sheets across all subsidiary operations.

Financial Discipline

Three generations of Tisch family stewardship ensuring continuity of vision, values, and commitment to long-term value creation over short-term gains.

Family Leadership

Empowering subsidiary management teams to achieve excellence in their respective industries while maintaining oversight and strategic guidance at the corporate level.

Operational Excellence

Conducting business with the highest ethical standards, transparency with stakeholders, and commitment to corporate governance best practices.

Integrity

Loews Corporation is a diversified holding company with subsidiaries in insurance, energy, hospitality, and packaging. Operating through CNA Financial, Boardwalk Pipelines, Loews Hotels, and Altium Packaging, the company maintains a conservative value investing approach under Tisch family leadership.

James S. Tisch

President, CEO & Director

Jonathan M. Tisch

Co-Chairman of the Board & Office of the President

Andrew H. Tisch

Jane Wang

Senior Vice President & Chief Financial Officer

Richard W. Scott

Senior Vice President & Chief Investment Officer

David B. Edelson

Senior Vice President

Marc A. Alpert

Senior Vice President, General Counsel & Corporate Secretary

Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipelines, Loews Hotels and Altium Packaging. Loews positions itself as a value investor with a long-term focus. The company has allocated significant capital for share buybacks, spending $1.3 billion on share repurchases in the three years ending December 31, 2012. Between 1971 and 2020, Loews reduced its shares outstanding from 1.3 billion to 291 million.

https://en.wikipedia.org/wiki/Loews_Corporation

Through its 92%-owned subsidiary CNA Financial, Loews provides comprehensive commercial property and casualty insurance products including commercial property coverage, general liability, workers' compensation, commercial auto insurance, and professional liability. CNA serves businesses across construction, healthcare, technology, manufacturing, and professional services sectors throughout the U.S., Canada, and Europe.

CNA Financial - Commercial Property & Casualty Insurance

Boardwalk Pipelines operates over 14,000 miles of natural gas and natural gas liquids pipelines spanning from Texas and Appalachia to the Mississippi River Corridor. The network includes the Texas Gas Transmission system with over 6,000 miles of bi-directional pipeline and the Gulf South Pipeline with approximately 7,200 miles, serving critical markets across the Midwest, Gulf Coast, and Southeast.

Boardwalk Pipelines - Natural Gas Transportation

Boardwalk operates 14 natural gas storage fields with 199.5 Bcf of working gas capacity and 11 salt-dome caverns with NGL aggregate capacity of 31.2 million barrels. These underground storage facilities provide critical infrastructure for balancing supply and demand across seasonal and daily fluctuations.

Boardwalk Pipelines - Natural Gas Storage

Loews Hotels operates eight premium properties at Universal Orlando Resort, including the flagship Loews Portofino Bay Hotel, Hard Rock Hotel, Loews Royal Pacific Resort, Loews Sapphire Falls Resort, Universal Cabana Bay Beach Resort, Universal Terra Luna Resort, and Universal Helios Grand Hotel. These hotels provide exclusive theme park benefits and luxury accommodations for resort guests.

Loews Hotels - Universal Orlando Properties

The Loews Arlington complex features two properties with 1,188 combined rooms and nearly 300,000 square feet of meeting space. The 888-room Loews Arlington Hotel connects directly to the Arlington Convention Center and sits between Globe Life Field and AT&T Stadium, while Live! by Loews Arlington adds 300 guest rooms and five chef-curated dining outlets.

Loews Hotels - Convention & Meeting Facilities

Through its 53% ownership of Altium Packaging, Loews manufactures customized rigid plastic containers using extrusion blow-molding and injection-molding processes. Products include HDPE, LDPE, PP, PC, PET, and PVC containers serving pharmaceutical, dairy, food, household chemicals, industrial chemicals, water, and beverage markets across 67 facilities in North America.

Altium Packaging - Rigid Plastic Containers

Altium operates Envision Plastics, a leading post-consumer recycled resin business with two recycled resin manufacturing facilities. The company's Dura-Lite bottles use 10-25% less plastic than traditional designs, supporting sustainability initiatives while maintaining product performance and quality.

Altium Packaging - Recycled Resin Operations

Loews Corporation announced full year 2024 net income of $1.414 billion on revenues of $17.51 billion, representing 10.12% revenue growth. Book value per share increased to $88.18, up from $81.92 in 2023. The company repurchased 7.7 million shares for $611 million during the year and an additional 1.9 million shares for $164 million in Q1 2025.

Loews Corporation Reports $1.414 Billion Net Income for Full Year 2024

Loews Corporation announced that Dino Robusto has been elected as a director of the company, effective January 1, 2026. This appointment strengthens the board's expertise and governance capabilities as the company continues its strategic growth initiatives across insurance, energy, hospitality, and packaging sectors.

Loews Corporation Announces New Board Director Dino Robusto

Loews Corporation stock reached an all-time high of $108.41, delivering a strong 25.97% return year-to-date. The milestone reflects investor confidence in the company's diversified business model and strong performance across subsidiaries including CNA Financial, Boardwalk Pipelines, and Loews Hotels.

Loews Stock Hits All-Time High at $108.41

Loews Hotels & Co officially opened the Loews Arlington Hotel and Convention Center, featuring 888 rooms and nearly 300,000 square feet of meeting space. Located between Globe Life Field and AT&T Stadium, the property positions Loews as a major player in the Texas hospitality and convention market.

Loews Hotels Opens Arlington Convention Center Property

Boardwalk Pipelines placed approximately $245 million of growth projects into service in 2024, adding 0.4 Bcf per day of firm natural gas transportation capacity. The company announced plans to invest approximately $1.6 billion in additional growth projects from 2025-2029 to meet increasing natural gas demand.

Boardwalk Pipelines Completes $245 Million Growth Projects

Loews Hotels was recognized as a 2024 Top Workplace, celebrating its exceptional culture that values teamwork, growth, and belonging. The award reflects the company's 'Power of We' culture and commitment to employee development, diversity, and comprehensive benefits including extended parental leave and wellness programs.

Loews Hotels Named 2024 Top Workplace

Loews Corporation reported net income of $369 million for Q2 2024, up from $360 million in Q2 2023, primarily driven by CNA Financial's strong underwriting performance and higher net investment income. The results demonstrate the strength of Loews' insurance subsidiary amid favorable market conditions.

CNA Financial Drives Strong Q2 2024 Performance

Benjamin Tisch, CEO of the Loews Corporation and brother of NYPD Commissioner Jessica Tisch, calls Zohran Mamdani an “enemy” of Jewish people at charity gala dinner

Benjamin Tisch, younger brother of NYPD commissioner Jessica Tisch as well as the CEO of the Loews Corporation, called Zohran Mamdani an "enemy" of the Jewish people during a private charity dinner last night.

LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

LOEWS CORPORATION REPORTS NET INCOME OF $402 MILLION FOR THE FOURTH QUARTER OF 2025 AND $1,667 MILLION FOR THE FULL YEAR

Loews Corporation to Release Fourth Quarter 2025 Results on February 9, 2026

Loews Corporation Comments on Delaware Supreme Court's Ruling

Loews Corporation Elects Dino Robusto to Its Board of Directors

LOEWS CORPORATION REPORTS NET INCOME OF $504 MILLION FOR THE THIRD QUARTER OF 2025

Loews Corporation to Release Third Quarter 2025 Results on November 3, 2025

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LOEWS CORP

Laurence Tisch persuades his parents to invest $125,000 to purchase a resort hotel in Lakewood, New Jersey, with brother Robert soon joining the venture. This marks the beginning of what would become one of America's most successful diversified holding companies.

Company Founded

The Tisch brothers purchase controlling interest in Loew's Theatres, a nationwide chain of 102 movie theaters from MGM. This acquisition establishes the modern Loews Corporation name and secures listing on the New York Stock Exchange.

Loew's Theatres Acquisition & NYSE Listing

Loews acquires Lorillard Tobacco Company, marking significant diversification beyond hospitality and entertainment into consumer products. This acquisition demonstrates the Tisch brothers' strategy of identifying valuable assets across diverse industries.

Lorillard Tobacco Company Acquisition

Loews acquires CNA Financial Corporation, entering the insurance industry with what would become its largest and most valuable subsidiary. CNA would later grow to become America's third-largest commercial property and casualty insurer.

CNA Financial Acquisition

The Tisch brothers acquire 93% of Bulova Watch Company for $38 million, adding luxury goods to their diversified portfolio. Loews would later sell Bulova to Citizen Watch in 2007.

Bulova Watch Company Acquisition

Loews purchases Diamond M Drilling, beginning its expansion into energy infrastructure. This marks the start of what would become Boardwalk Pipelines, now operating over 14,000 miles of natural gas pipelines.

Entry into Energy Sector

CNA Financial acquires Continental Corporation for $1.1 billion, becoming America's third-largest property and casualty insurer. This acquisition significantly strengthens Loews' position in the insurance industry.

CNA Acquires Continental Corporation

Founders Laurence and Robert Tisch retire as co-CEOs, with James Tisch named President and CEO. The Office of the President is created with James Tisch, Andrew Tisch, and Jonathan Tisch, ensuring family leadership continuity.

Leadership Transition to Third Generation

Loews purchases Texas Gas Transmission, expanding its natural gas pipeline network. This acquisition, followed by Gulf South Pipeline in 2004, would form the foundation of Boardwalk Pipeline Partners.

Texas Gas Transmission Acquisition

Loews consolidates Texas Gas Transmission and Gulf South Pipeline into Boardwalk Pipeline Partners and takes the entity public. This strategic move creates significant value while maintaining majority control of critical energy infrastructure.

Boardwalk Pipeline Partners IPO

Jonathan Tisch and Andrew Tisch are elected Co-Chairmen of the Board, working alongside CEO James Tisch to provide strategic leadership and maintain the Tisch family's commitment to value investing principles.

Co-Chairmen Appointed

Loews announces plan to spin off its entire ownership interest in Lorillard Tobacco Company, allowing shareholders to directly own shares in the tobacco business while refocusing the portfolio on insurance, energy, and hospitality.

Lorillard Spin-Off

Boardwalk Pipelines acquires Williams Olefins Pipeline Holdco LLC (Bayou Ethane) to expand ethane supply and transportation services, demonstrating continued investment in energy infrastructure growth.

Bayou Ethane Pipeline Acquisition

Loews Hotels & Co opens the Loews Arlington Hotel and Convention Center featuring 888 rooms, marking significant expansion in the hospitality sector with nearly 300,000 square feet of meeting space.

Loews Arlington Hotel Opens

Loews Corporation reports net income of $1.414 billion for fiscal year 2024 on revenues of $17.51 billion, demonstrating strong performance across all subsidiaries. Book value per share reaches $88.18, reflecting continued value creation.

Record Annual Performance

The official American Express App for iPhone allows you to access your Account from anywhere. Track spending & rewards, find offers, review your balance, pay your bill and enjoy features only availabl

Turn travel dreams into dream vacations by booking through Amex Travel. Whether exploring new places or finding the right hotel, the Amex Travel App can help you get there. 

Book hotels, flights, and

GET A CLEARER PICTURE OF YOUR CASH FLOW 
Designed for small business owners like you, the free American Express Business Blueprint™ app offers a single location to view a current snapshot of your acco

Henry Wells

William G. Fargo

John Butterfield

James C. Fargo

Ralph Reed

Kenneth Chenault

0day vulnerability full disclosure: American Express

American Express fails miserably at basic security

American Express will give all parents 20 weeks of paid leave

Why Discover is no American Express

Obfuscated JavaScript, scam emails, and American Express

American Express Company is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay, Visa, and Mastercard. 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$24,059. That year, Amex handled over $1.7 trillion in purchase volume on its network. Amex is the 16th largest US bank, with a total of US$270 billion in assets or 1.1% of all assets insured by the FDIC. It is ranked 58th on the Fortune 500 and 28th on the list of the most valuable brands by Forbes. In 2023, it was ranked 63rd in the Forbes Global 2000. American Express National Bank is a direct bank owned by Amex.

https://en.wikipedia.org/wiki/American_Express

American multinational financial services corporation

American Express Company reported $60.5 billion in revenue for 2024, up 9% year-over-year, driven by strong consumer spending among affluent cardmembers and growing merchant acceptance. Company had 143 million cards in force globally (U.S. 71M, international 72M) with 58 million active cardmember accounts. Average spending per cardmember reached $25,000 annually (vs. Visa/Mastercard average $8,000), reflecting premium customer base skewing toward high-income households ($100K+ annual income representing 60%+ of volumes). Net income $8.4 billion (14% margin). Stock NYSE:AXP traded at $245, market cap $175 billion. However, merchant acceptance remained challenge—AmEx accepted at 99% of U.S. locations where credit cards accepted but lower internationally due to higher merchant fees (2.5-3.5% vs. Visa/Mastercard 1.5-2.5%).

American Express Reports $60.5B Revenue in 2024, 143M Cards in Force Globally

American Express raised Platinum Card annual fee from $550 to $695 in 2024 (sixth increase since 1984 launch at $250), positioning as ultra-premium travel card competing with Chase Sapphire Reserve, Capital One Venture X. Fee increases justified by enhanced benefits: $200 airline fee credit, $200 Uber credit, $200 hotel credit, $189 CLEAR credit, $240 digital entertainment credit (Disney+, Hulu, Peacock, NYT), airport lounge access (Centurion Lounges, Priority Pass), hotel elite status (Marriott Gold, Hilton Gold). Annual benefits totaled $1,000+ value if fully utilized. Despite fee hikes, Platinum Card membership grew 8% to 13M+ cardmembers globally. Affluent consumers viewed card as essential lifestyle accessory, status symbol. Average Platinum cardmember spent $50,000+ annually.

AmEx Platinum Card Annual Fee Rises to $695, Premium Benefits Justify Cost for Affluent

American Express operated 30 Centurion Lounges globally in 2024 (up from 15 in 2020), exclusive airport lounges for Platinum, Centurion (Black Card) cardmembers. Lounges featured chef-curated menus, premium open bars, espresso service, private workspaces, showers, spa treatments—far exceeding typical airline clubs. Locations included major hubs (New York JFK, LAX, London Heathrow, Tokyo Haneda, Hong Kong). However, overcrowding became issue as Platinum membership surged—lounges frequently at capacity, turned away cardmembers during peak hours. AmEx responded by restricting guest access, considering paid entry for lower-tier cards, building larger facilities. Lounges represented $500M+ annual investment but critical differentiation—competitors (Chase, Capital One) building rival lounges.

American Express Centurion Lounges Expand to 30 Airports, Differentiate Premium Experience

American Express Membership Rewards program enrolled 100+ million members globally in 2024, earning points on purchases (1-5x depending on category, card) redeemable for travel, statement credits, gift cards, merchandise. Strategic partnerships with Delta Air Lines (exclusive credit card issuer since 1996), Hilton Hotels (co-brand cards), Marriott Bonvoy strengthened value proposition. Membership Rewards points valued at 1.5-2 cents each when transferred to airline/hotel partners vs. 0.6-1 cent for cash redemption, incentivizing travel spending. Points liability (outstanding unredeemed points) exceeded $20 billion on balance sheet, managed through expiration policies, redemption encouragement. Loyalty program created switching costs—cardmembers with large point balances reluctant to cancel cards despite high fees.

AmEx Membership Rewards: 100M+ Members, Partnerships with Delta, Hilton Drive Loyalty

American Express achieved 99% merchant acceptance rate in U.S. (locations accepting credit cards) in 2024, up from 90% in 2015, closing historical gap with Visa/Mastercard (both 99%+). Acceptance improvements resulted from fee negotiations with large merchants (Costco previously excluded AmEx 2016-2021, now accepts), OptBlue program allowing third-party processors to handle AmEx transactions (reducing merchant integration costs), and consumer demand pressure. However, international acceptance lagged: 85% in Canada/UK, 70% in Europe, 50% in Asia-Pacific. Higher merchant discount rates (2.5-3.5% vs. Visa/Mastercard 1.5-2.5%) deterred small international merchants. Limited acceptance remained competitive disadvantage vs. Visa/Mastercard's near-universal reach.

American Express Merchant Acceptance Reaches 99% in U.S., International Remains Gap

American Express Centurion Card (unofficially 'Black Card') remained most exclusive credit card globally in 2024: invitation-only, $10,000 initiation fee, $5,000 annual fee (plus $5,000 per authorized user). Estimated 100,000-120,000 Centurion cardmembers worldwide (exact number undisclosed). Requirements: spend $250,000+ annually on Platinum Card, receive invitation, demonstrate $1M+ net worth or $500K+ annual income. Benefits: dedicated concierge (24/7 personal assistant booking restaurants, travel, tickets), access to exclusive events, hotel upgrades, airport transfers, no preset spending limit. Card made from anodized titanium (literally heavy metal card). Centurion represented 2-3% of AmEx revenue but outsized brand prestige—ultimate status symbol for ultra-wealthy. Competitors (JP Morgan Palladium, Citi Chairman) struggled to match mystique.

American Express Centurion 'Black Card': $10K Initiation, $5K Annual Fee, Ultra-Exclusive

American Express Dominates Premium Credit Cards with $60B Revenue, Affluent Customer Base, and Closed-Loop Network

TIL con artist Anthony Gignac once convinced American Express to issue him a platinum card with a $200 million credit limit under the name of an actual Saudi prince by claiming that failing to supply him with new card would anger his supposed dad, the king.

Johnson: "Last time I checked, Americans have more freedom right now to express themselves and speak their minds after Republicans took over and ended the years of Americans voices silenced during the lefts cancel culture. it's the Republicans who restored your right to share and speak your mind."

Trump support in 2024 linked to White Americans’ perception of falling to the bottom of the racial hierarchy. These individuals also expressed the strongest opposition to Diversity, Equity, and Inclusion (DEI) initiatives.

Study reveal that 16% of the population expresses discomfort about the prospect of a female president. Furthermore, the result is consistent across demographic groups. These results underscore the continued presence of gender-based biases in American political attitudes.

Teenager Blades Brown shoots 60, ties Scottie Scheffler for lead at The American Express

Alex Pretti and Renee Nicole Good were Americans with the same right to live and to express their views as Charlie Kirk. Choosing to not condemn the Minneapolis ICE Murders after being outraged by Kirk’s Murder is having no Morals.

Amex canceled my Platinum &amp; Centurion accounts after 28 yrs w/ no explanation

what's the deal with american express?

New Wave American Express Shutdowns

Why people think amex is rich people card?

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amex

AMERICAN EXPRESS CO

Henry Wells, William Fargo, John Butterfield merged competing express companies, forming American Express Company in Buffalo, NY on March 18, 1850. Express freight, money, valuables delivery.

When AmEx refused California expansion, Wells and Fargo founded separate Wells Fargo (1852) serving West Coast. American Express remained East/Midwest. Companies coexisted for decades.

American Express dominated express freight industry—shipping cash, gold, securities, documents via stagecoach, rail. Armed guards protected valuables. Premium service for time-sensitive shipments.

Entered financial services—money orders, cash transfers competing with Western Union. Built reputation for secure financial transactions beyond physical freight.

President James C. Fargo commissioned Marcellus Berry to create Traveler's Cheque (launched July 7, 1891) solving international cash access problem. Pre-purchased, dual-signed checks accepted globally. Revolutionary travel finance product.

Traveler's Cheques became most profitable product—generating billions in float (cash held between purchase and redemption). American Express synonymous with international travel.

Sold express delivery operations to Railway Express Agency. Fully transitioned to financial services—Traveler's Cheques, money orders, travel services. End of original freight business.

Introduced American Express Card (green card) in October 1958 responding to Diners Club, BankAmericard. Charge card (full balance due monthly), premium positioning, higher merchant fees, travel focus. Status symbol.

Built global network of travel offices booking flights, hotels, tours. American Express offices in major cities became traveler resources worldwide.

Introduced Gold Card—higher credit limits, travel insurance, emergency services. Created premium tier above Green Card. Annual fee $50 (vs. Green's $20).

Launched Platinum Card with $250 annual fee (unprecedented at time). Targeted ultra-affluent, offered luxury travel benefits, concierge service, airport lounge access. Redefined premium cards.

Introduced Membership Rewards points program—earn points on purchases, redeem for travel, merchandise. Created loyalty, switching costs. Became $20B+ liability on balance sheet.

Debuted invitation-only Centurion Card (Black Card): $10K initiation, $5K annual fee, invitation-only, titanium construction. Ultimate status symbol for ultra-wealthy. Estimated 100K-120K members globally.

Kenneth Chenault became CEO—third Black Fortune 500 CEO. Led through 9/11 (headquarters near WTC), 2008 financial crisis. Grew revenue $23B→$37B, stock +200%. Retired 2018.

During 2008 crisis, American Express obtained bank holding company charter, accessed TARP bailout funds ($3.4B). Allowed direct consumer deposits, expanded banking services. Repaid TARP 2009.

Opened first Centurion Lounge (San Francisco SFO) offering premium airport lounge experience with chef menus, open bars, spa. Expanded to 30+ global locations by 2024.

Costco ended exclusive AmEx partnership (since 1999), switched to Citi/Visa due to lower fees. Lost 10%+ U.S. cardmembers. Returned to Costco acceptance 2021 but without co-brand card.

Kenneth Chenault retired, succeeded by Stephen Squeri (AmEx veteran since 1985). Focused on digital transformation, millennial/Gen Z acquisition, premium positioning.

Pandemic decimated travel spending—AmEx's core market. Revenue declined 17% (2020). Pivoted marketing to everyday spending categories (groceries, gas). Travel recovered 2021-2022.

Generated $60.5B revenue (+9%), 143M cards globally (71M U.S., 72M international), 58M accounts. Average spending $25K per cardmember (vs. Visa/MC $8K). Net income $8.4B (14% margin). Platinum Card 13M+ members ($695 annual fee, sixth increase since 1984 launch). Centurion Lounges 30 airports. Membership Rewards 100M+ members, $20B+ points liability. Merchant acceptance 99% U.S. (85% Canada/UK, 70% Europe, 50% Asia due to higher merchant fees 2.5-3.5% vs. Visa/MC 1.5-2.5%). Stock NYSE:AXP $245, $175B market cap. Closed-loop network (issue, process, recruit merchants). Premium customer base: 60%+ earn $100K+ income. Headquarters New York. Originated as 1850 express delivery company, transformed to global premium card leader.

Loews Corporation vs American Express

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