American Express' earnings fall, but still beat estimates
![American Express' earnings fall, but still beat estimates](http://bloximages.chicago2.vip.townnews.com/lacrossetribune.com/content/tncms/assets/v3/editorial/c/cc/ccc7042a-7f64-547f-8323-8d95114cc48a/5717fc9f95727.image.jpg?resize=300%2C201)
NEW YORK (AP) — American Express's first-quarter profits declined 8 percent from a year earlier, as the company continues to spend heavily to retain customers being lured away by aggressive competitors.