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Dan Schulman passes the torch to a new PayPal CEO

January 4, 2024 Yahoo News 0

Dan Schulman passes the torch to a new PayPal CEO

Dan Schulman took global payments powerhouse PayPal (PYPL) to new heights during his nine-year tenure. When he announced his retirement from the position, the PayPal board needed to find a replacement who could live up to Schulman’s legacy. After a months-long search, Alex Chriss was chosen as CEO and President, effective September 27, 2023. Schulman reflects on the choice of Chriss and the transition to his successor at PayPal. While still on the board of PayPal, he expressed the need for… Source link

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Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

January 4, 2024 Yahoo News 0

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

US stocks were mixed on Thursday, struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging. In afternoon trading, the Dow Jones Industrial Average (^DJI) popped about 0.3%, while the benchmark S&P 500 (^GSPC) was roughly flat. After a Wednesday selloff, the Nasdaq Composite (^IXIC) pushed for gains at points in the session, but held 0.3% below the flatline. Investors looking for confirmation of bets on a March rate… Source link

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Trump seeks to hold special counsel in contempt for violating pause in election case

January 4, 2024 Yahoo News 0

Trump seeks to hold special counsel in contempt for violating pause in election case

By Andrew Goudsward WASHINGTON (Reuters) – Donald Trump‘s lawyers on Thursday asked a judge to hold U.S. Special Counsel Jack Smith in contempt of court, accusing his office of violating an order pausing activity in its prosecution of the former president for trying to overturn his 2020 election defeat. Trump’s legal team said Smith and prosecutors working on the case have disregarded an order from U.S. District Judge Tanya Chutkan by continuing to turn over evidence to the defense and… Source link

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South Korea views the young daughter of North Korean leader Kim Jong Un as his likely successor

January 4, 2024 Yahoo News 0

South Korea views the young daughter of North Korean leader Kim Jong Un as his likely successor

SEOUL, South Korea (AP) — The young daughter of North Korean leader Kim Jong Un is seen as her father’s likely heir apparent, South Korea’s spy agency said Thursday, its first such assessment on the girl who was unveiled to the outside world a little more than a year ago. There has been intense outside debate and speculation about the girl, reportedly about 10 years old and named Ju Ae, since she made her first public appearance in November 2022, when she watched a long-range missile… Source link

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