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Stock impact report

New U.S. legislation could upend credit card loyalty programs. The Points Guy founder calls the reckoning un-American [Fortune]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Fortune
The markets: U.S. futures are trending lower after the holiday break. Plus: All the news and watercooler chat from Fortune Good morning. Americans love their loyalty points. Almost three-quarters of them use a credit card that lets them earn rewards. And the income generated from issuing those points is critically important to many players in the Fortune 500, especially airlines, hotels, and merchants. Delta Air Lines alone reported a 6% increase in loyalty revenue last year, with co-brand income from Amex up 11% to $8.2 billion Recommended Video U.S. companies are expected to issue or redeem about $26 billion in points for customers this year. That doesn't include the hundreds of billions of dollars in uncashed points that keep people tethered to their loyalty programs, despite devaluations or perks that are hard to redeem . Along with generating revenue, those programs generate data that lets companies recognize and engage their most valuable customers. That might soon chan Show less Read more
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