Mobile payments are having a heyday. Apple Pay has been splashed across the news and 20-somethings are paying for taxis with their smartphones. Yet one stalwart risks being left out of the conversation: PayPal.
Google Inc., the world’s largest Internet search engine, settled a lawsuit on the brink of trial over the company’s plan for a stock split that shareholders claimed would unfairly allow the company founders to strengthen their corporate control.
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday.