The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.

Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.

The Wall Street Journal had reported on a series of deceptive and strong-arm tactics the card company used to increase small business sign-ups.

An unusually difficult Stadium Course gave those players on the Nicklaus Tournament Course and La Quinta Country Club a leg up

A stampede up the leaderboard, led by J.T. Poston’s 10-under 62 on the Nicklaus Tournament Course at PGA West, signaled business as usual for The American Express.

J.T. Poston shot a 10-under 62 to take a one-stroke lead over Justin Lower in the opening round of The American Express on Thursday. Poston carded nine birdies and an eagle on the Nicklaus Tournament Course at PGA West in the Palm Springs-area desert.