Price: $382.65, Change: $-4.12, Percent Change: -1.07%
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Update: PayPal Reaches $30 Million Settlement With DOJ Over DEI Investment Program
(Updates with PayPal's response to a request for comment in the last paragraph.)The Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics.Under the initiative, PayPal must waive processing fees totaling roughly $30 million for eligible small businesses that are veteran-owned or engaged in manufacturing, farming or technology, the DOJ said.The settlement stems from an investigation "into a discriminatory investment program created for black and minority-owned businesses," the DOJ said."For more than two decades, PayPal has helped small businesses start, scale, and thrive by expanding access to digital financial tools," a PayPal spokesperson said in an emailed statement. "We're excited to launch the Small Business Initiative to infuse American small businesses with even more economic opportunity."Price: $45.59, Change: $+0.52, Percent Change: +1.15%
$PYPL
Australia
PayPal Reaches $30 Million Settlement With DOJ Over DEI Investment Program
The Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics.Under the initiative, PayPal must waive processing fees totaling roughly $30 million for eligible small businesses that are veteran-owned or engaged in manufacturing, farming or technology, the DOJ said.The settlement stems from an investigation "into a discriminatory investment program created for black and minority-owned businesses," the DOJ said.PayPal didn't immediately reply to a request for comment from.Price: $45.53, Change: $+0.45, Percent Change: +1.01%
$PYPL
Australia
Meta, DESRI Report 850 MW of Power Purchase Agreements
Meta Platforms (META) and DESRI reported Tuesday the signing of850 megawatts of new power purchase agreements in 2026.These agreements include 500 MW in Oklahoma, 200 MW in Texas, and 150 MW in Mississippi, according to the statement.In addition to the 2026 signings, other contracted projects include 150 MW in Texas and 300 MW in Utah, the statement said.DESRI, a renewable energy producer, expects about 1,110 MW of the contracted projects to start construction this year, it added.Price: $600.06, Change: $+1.20, Percent Change: +0.20%
$META