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PayPal Holdings Inc.’s anti-money laundering program received subpoenas for information from the U.S. Department of Justice, the company said Wednesday in a filing.
By Bloomberg NewsFebruary 9 -
KKR & Co. said fourth-quarter profit more than quadrupled as its private equity portfolio gained and it sold its final stake in Walgreens Boots Alliance Inc.
By Bloomberg NewsFebruary 9 -
China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, people familiar with the matter said, heightening concerns that regulators will tighten their oversight of trading in digital currencies.
By Bloomberg NewsFebruary 8 -
As a candidate, President Donald Trump proposed either halting or taxing remittances to Mexico to push the Mexican government to pay for a border wall along the southern border of the U.S.
By Bloomberg NewsFebruary 1 -
The technology complements Starbucks successful mobile technology, which includes a widely used payments app as well as rewards and order-ahead.
By Bloomberg NewsJanuary 30 -
Starbucks Corp.’s much-ballyhooed mobile-ordering system has brought a painful side effect to the coffee giant: traffic jams at the pickup counter.
By Bloomberg NewsJanuary 27 -
Amazon.com Inc. and PayPal Holdings Inc. have discussed letting shoppers pay for Amazon purchases using their PayPal accounts, highlighting how PayPal can attract new partners since its 2015 split from Amazon rival EBay Inc.
By Bloomberg NewsJanuary 27 -
Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search.
By Bloomberg NewsJanuary 24 -
American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.
By Bloomberg NewsJanuary 19 -
The Western Union Company agreed to pay $586 million and admitted to a lapse in anti-money laundering controls in an agreement with the U.S. Justice Department and other U.S. authorities.
By Bloomberg NewsJanuary 19