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This story is available exclusively to Business Insider subscribers. But PayPal went beyond just shutting down her account. Each jar of bathwater Delphine sold counted as a violation. A PayPal spokesperson said they could not comment on individual accounts but told Business Insider that PayPal dropped its policy on the $2,500 fines about a year ago. Advertisement"If I didn't have any [social media] following, they wouldn't have given my money back," Delphine contended to Business Insider.
Persons: , Belle Delphine, Delphine Organizations: Service, Business, PayPal
One investor says growth stocks still offer opportunities — but it's time to get selective. "Growth stocks will continue to outperform value stocks, generally speaking. Growth stocks are expected to grow rapidly, but do not pay out dividends and are often often more expensive than so-called value stocks. When considering which stocks to buy, Coons stressed the importance of valuations. "I would stay away from growth stocks outperforming because of story and invest in those with real revenue and earnings growth."
Persons: Adam Coons, Coons, PayPal Holdings Coons, " Coons, Moody's Organizations: Winthrop Capital Management, CNBC Pro, PayPal Holdings, PayPal, C Technologies, SS Locations: Coons
Opal Sandy, a British toddler, was born deaf due to a faulty gene. In a groundbreaking gene therapy trial, she has now regained her hearing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA deaf toddler has had her hearing restored after being the first patient treated in a gene therapy trial. Opal Sandy, who is 18 months old, has auditory neuropathy, a condition caused by a faulty gene.
Persons: Opal Sandy, Organizations: Service, Business Locations: British
That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.
Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco
PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. The company expects 2024 adjusted profit to increase by "mid-to-high single-digit percentage", compared with its earlier forecast of it remaining flat. PayPal's operating margins improved 84 basis points, on an adjusted basis, to 18.2% in the first quarter. The company's low-margin business products have risen strongly, while growth in its branded products slowed due to increased pressure from competitors such as Apple .
Persons: Alex Chriss Organizations: PayPal, Nasdaq, FX, Apple Locations: San Jose , California
Queer and transgender Muslims came together to break their Ramadan fasts. But for queer and transgender Muslims, this practice of ummah, or the connectedness Muslims feel while exercising their faith together, has often made them feel excluded from traditional Ramadan celebrations. Courtesy of Dinean RobinsonThe iftar — which included prayers led by a queer Muslim community member named Shiffa, and joyful drag-queen performances — was just one of many ways queer and transgender Muslims fostered community this Ramadan. Dena Igusti celebrated this Ramadan with fellow queer Muslims, saying it helped them get back in touch with their faith. In New York City, queer Muslims joined in song and dance at the LGBT Community Center's iftar to celebrate their layered identities.
Persons: , affirmations, I've, Armana Khan, Dinean Robinson, Khan, Islam, Reimagining, they'd, Kahani, Dinean Robinson Sophia Uppal, Uppal, wouldn't, Dena Igusti, Ramie Ahmed, Ramadan, Igusti, Imam Daayiee Abdullah, We're, MASGD, Shiffa, Center's iftar, Yaffa Organizations: Service, LGBT Community, The, New York, LGBT Community Center, BI, Mecca Institute, Muslim Alliance, Sexual, Diversity, Queer, Shia, LGBT Locations: New York, queerness, Queens , New York, New, Hajj, Mecca, Palestinian, New York City
I secured an internship during my senior year of college at the White House during the historical Obama administration in 2010. Clayton with Michelle Obama and colleagues in the Rose Garden before a 2016 College Signing Day event. Clayton assisting Michelle Obama backstage before a "When We All Vote" rally in 2018. Michelle Obama gave me the ultimate vote of confidence to start my businessMrs. Obama was the person who planted the seed for me to start my business. AdvertisementMy company focuses on business development, personnel development, and personal development.
Persons: , Chynna Clayton, Michelle Obama, It's, I'm, Obama, Clayton, Chuck Kennedy, Michelle Obama's, Barack Obama's, who's, Uncle Sam, Linder Williams, Margaret Berry, Grandmother, Mildred King, Doris King Organizations: Service, Business, University of Florida, Greyhound, White, Invest Locations: Liberty , Florida, Liberty City , Florida, Kathleen , Georgia, Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect tech to continue to benefit from secular tailwinds: Principal's Seema ShahSeema Shah, Principal Asset Management chief global strategist, joins 'Closing Bell' to discuss what fuels the rally in the year's second half, how much rate cuts matter to equities, and the strategist's stance towards small-cap stocks.
Persons: Principal's Seema Shah Seema Shah Organizations: Asset Management
But with his latest startup, Cherish Health, he's taking a different approach. To date, Cherish Health, which makes a radar-based device to detect falls in the home, has raised $26 million from these alternative sources. Cherish Health is now gearing up to raise its Series B round, targeting $30 million at a $200 million valuation. In late 2022, Cherish Health landed $5 million in Series A funding led by Alarm.com at a $45 million valuation. If Cherish Health had gone the way of traditional venture capital, Nagpal said, "we would've given up most of our value by now."
Persons: Sumit Nagpal, Nagpal, he's, we've, JP Morgan, Health's, Health, Alarm.com, consortiums, aren't Organizations: pharma, Abbott, Business, Accenture, Health, Apple, Comcast, Amazon, Cherish Health Locations: Alere, Haven, Amazon , Berkshire, Alarm.com, VCs
Equities may be trading near their record highs, but there are still opportunities to buy some stocks at bargain-basement prices. To meet this criteria, the stocks had to have a trailing 12 month price-to-earnings ratio less than their five-year average. Additionally, the names also had to have a forward price-to-earnings ratio for the next 12 months that was below the Nasdaq-100's current 17.6. Here are the names that made the cut: PayPal , which has a forward price-to-earnings ratio of 12, was one name that made the list. Also on the list of stocks was pharmaceutical maker AstraZeneca , which has a forward price-to-earnings ratio of 13.7.
Persons: Dr Pepper, Kraft Heinz, , Fred Imbert Organizations: Nasdaq, Dow Jones, CNBC Pro, PayPal, Research, Argus, AstraZeneca, Deutsche Bank, Cisco, Diamondback Energy
Daiwa reiterates Apple as outperform Daiwa said it needs to see more growth from Apple, but that it's sticking with its outperform rating. " "We reiterate our Outperform rating on Dick's Sporting Goods and lift our 12- to 18- month price target to $190 (from $145)." Bank of America reiterates Pinterest as buy Bank of America said it's standing by Pinterest shares after earnings on Thursday. Initiating Coverage On Vivid Seats With A BUY Rating And $10 Price Target. Bank of America initiates Ocular Therapeutix as buy Bank of America said it's bullish on the opthalmic biotech company.
Persons: Morgan Stanley, it's, Wedbush, Tesla, Daiwa, Oppenheimer, Argus, Pinterest, Goldman Sachs, Goldman, Wells, Craig, Hallum, Cleveland, it's bullish Organizations: Citi, Liberty Global, Apple, Dick's Sporting Goods, Bank of America, HSBC, Bunge, Argus, Health, PayPal, Costco, Alphatec Holdings, United Airlines, Target ., JPMorgan, " Bank of America Locations: FCF, Cleveland
Cramer's Lighting Round: Allstate is a buy
  + stars: | 2024-02-09 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Hawkins' year-to-date stock performance. Stock Chart Icon Stock chart icon PayPal's year-to-date stock performance. Stock Chart Icon Stock chart icon Kimberly-Clark's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance. Stock Chart Icon Stock chart icon Lennar's year-to-date stock performance.
Persons: Hawkins, Kimberly, Clark, it's, It's, Lennar Organizations: PayPal
PayPal shares tumbled more than 10% Thursday after a disappointing forecast added to uncertainty around the payments giant. While the company posted beats on most metrics for its fourth quarter on Wednesday, PayPal guided for earnings that were well below expectations. He called 2024 a transition year and told CNBC in a phone interview that the company was staying "conservative" on guidance. 'Show me' stock PayPal's CEO faced criticism for over-promising before its Jan. 25 product event . Leading up to that, Chriss told CNBC PayPal planned to "shock the world."
Persons: Alex Chriss, FactSet, it's, Wells, Andrew Bauch, Chriss, Gordon Haskett, Don Bilson, Bilson, Bryan Keane, Michael Bloom Organizations: PayPal, Apple, CNBC, Intuit, CNBC PayPal, Bank of America, Deutsche Bank
PayPal is slashing 9% of its workforce — about 2,500 jobs. The CEO said cuts will "right-size our business." Last week, CEO Alex Chriss said the payment company would launch new products using AI. The payment company's CEO Alex Chriss told staff on Tuesday that another 9% of the workforce — about 2,500 positions — will be slashed. This story is available exclusively to Business Insider subscribers.
Persons: Alex Chriss, , Chriss Organizations: PayPal, Service, Business
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC. The cuts will affect both existing roles and job listings that PayPal had planned to hire for, and will take place over the course of the year, Chriss wrote. If your role is included in this workforce reduction, you will be notified between today and the end of the week. PayPal has significant potential to create substantial value for our employees, our customers, and shareholders. I am confident that our PayPal community will come through this period even stronger, and I am optimistic about the future we will create together.
Persons: Alex Chriss, Chriss, Alex Don't Organizations: PayPal, CNBC, Intuit, CNBC PRO
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal's AI announcement is 'shockingly unshocking', says Mizuho's Dan DolevDan Dolev, Mizuho senior analyst, joins 'Closing Bell Overtime' to talk PayPal's AI announcement and the stock's response.
Persons: Dan Dolev Dan Dolev Organizations: Mizuho
PayPal shares fall after CEO announces AI-based products
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal shares fall after CEO announces AI-based productsJosh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to share his reaction to PayPal's AI announcement.
Persons: Josh Brown Organizations: PayPal, Ritholtz Wealth Management
I didn't know white people until we got to Fort Worth. AdvertisementMy family bought a home in a neighborhood where we weren't wanted, but we didn't know that. LM Otero/APRegaining our landI went to Fort Worth's first Black high school and graduated when I was 16 years old. One day years later, a friend of mine who works at the Star-Telegram, a local newspaper in Fort Worth, mentioned the land my family had bought all those years ago. Opal Lee (bottom second from left) attended President Joe Biden's signing of the Juneteenth National Independence Day Act.
Persons: , Opal Lee, weren't, Lee, It's, LM Otero, Fort Worth's, Gage Yager, Gage, I'm twerking, Juneteenth, Joe Biden's, Evan Vucci Organizations: Service, Business, AP, Fort, Wiley College, Star, Humanity Locations: Marshall , Texas, Fort Worth, Marshall
After much preparation, the 12-year-old's small scene turned into a big problem among school officials in Wheatland, Wyoming. Located on the eastern Wyoming plains, Wheatland is a small farming and ranching community with about 3,500 residents. There are few restaurants, no department stores — not even a local Walmart — and few performance venues besides Wheatland High School. "Unless you’re super closed-minded, I don’t see why you would do that.”Drama coach Stephanie Bradley, who also attended the high school, challenged the decision. “Most people in this part of Wyoming don’t come out early," Bradley said of LGBTQ+ teens on the state's rural plains.
Persons: — Oliver Baez, ” Baez, Matthew Shepard, , Cassie Baez, Oliver, Lu Lay, John Weigel, hadn't, belittling, Baez, ” Weigel, Robert Daniel, ” Daniel, Erica Biggs, ” Biggs, Sara Burlingame, , ” Burlingame, Melissa Rukavina, Stephanie Bradley, Bradley Organizations: University of Wyoming, Walmart, Wheatland High School, Platte County Players, Wyoming Equality, Hate, Gay and Lesbian Fund of Colorado, Prevention Locations: WHEATLAND, Wyo, Wheatland , Wyoming, Wheatland, Wyoming, . Wyoming, South Carolina, Platte, Cheyenne
Perry High School Principal Dan Marburger was among those injured in the school shooting in Iowa. Marburger's daughter said he tried to distract the gunman to allow other students to escape. As her father recovers, Claire Marburger called for compassion toward the deceased gunman's family. AdvertisementAfter a school shooting in Iowa left two people dead and seven injured, the high school principal's daughter is commending her father's brave actions to distract the gunman. Among the injured was Perry High School Principal Dan Marburger, who the department said suffered multiple gunshot wounds and went to the hospital in critical condition.
Persons: Dan Marburger, Marburger's, Claire Marburger, , Jolliff, Claire, Dylan, Butler, Claire Marburger's, Marburger Organizations: Perry High School, Service, Iowa Department of Public Safety, Facebook Locations: Iowa
WASHINGTON — Social media researcher Joan Donovan says she knows the exact moment her career began to go off the rails. "I got called into the principal's office and was questioned about why I'm talking about Facebook," Donovan said. In a statement to CNBC, Harvard Kennedy School Director of Public Affairs James Smith disputed Donovan's account of her departure. "The narrative is full of inaccuracies and baseless insinuations, particularly the suggestion that Harvard Kennedy School allowed Facebook to dictate its approach to research." Smith told CNBC that Harvard University and the Kennedy School continue to carry out misinformation and social media research to this day.
Persons: Harvard Kennedy, Joan Donovan, Donovan, John F, Frances Haugen, Haugen, Elliot Schrage, Schrage, Nick Clegg, Clegg, didn't, Douglas Elmendorf, Dean Elmendorf, Sheryl Sandberg, Sandberg, Elmendorf, Mark Zuckerberg, Priscilla Chan –, , Zuckerberg's, Guillermo S, Hava, Eleanor V, Wikstrom, , Chan, Public Affairs James Smith, Smith, Kennedy, Chan Zuckerberg, Donovan's Organizations: Harvard, Media Politics, WASHINGTON — Social, Harvard University, Kennedy School of Government, Dean's Council, CNBC, Meta, Facebook, Dean's, Kennedy School, Elmendorf, Harvard's Kennedy School, Twitter, Google, Washington Post, Initiative, Technology, Research, Whistleblower, Massachusetts, U.S . Department of Education's, Civil Rights, Harvard Kennedy School, Public Affairs, School, Kennedy, Media, Politics, Public, Tech, Chan Zuckerberg Initiative Locations: Malden, Harvard, Central, Dean's, FBarchive.org
The Nepal government said in a statement that six of its nationals, who had been serving the Russian army, were killed, without providing any details. Diplomatic efforts were underway to get one Nepali citizen serving the Russian army and captured by Ukraine released, the statement added. Nepal also urged its citizens not to join the army of any war-torn country. English daily, The Kathmandu Post, quoted Milan Raj Tuladhar, Nepal's ambassador in Moscow, as saying that 150-200 Nepalis were working as mercenaries in the Russian army. Millions of Nepali nationals are employed in civilian work mainly as labourers in industries and construction sites in South Korea, Malaysia and the Middle East.
Persons: Phil Noble, Milan Raj Tuladhar, Gopal Sharma, Sudipto Ganguly Organizations: Brigade, Catterick Garrison, REUTERS, Thomson Locations: Richmond, Britain, Nepal, Moscow, India, China, Russia, Ukraine, Kathmandu, Russian, South Korea, Malaysia, Lincoln
Democratic Rep. Pramila Jayapal of Washington state said Tuesday that she “unequivocally condemns Hamas’ use of rape and sexual violence as an act of war,” following comments she made to CNN’s Dana Bash on Sunday that set off a firestorm among her Democratic colleagues in the House. “Let me be completely clear again that I unequivocally condemn Hamas’ use of rape and sexual violence as an act of war,” Jayapal said in her latest statement. Hear Jayapal's response 03:00 - Source: CNNIn her statement Tuesday, Jayapal said her comment “about balance was not about rape, and not intended to minimize rape and sexual assault in any way.”“It was about recognizing the tremendous pain and trauma of so many—Israelis, Palestinians and their diaspora communities—in this terrible war,” Jayapal stated. The House passed a Republican-led resolution on Tuesday condemning antisemitism in the United States and globally. Separately, Democratic Reps. Lois Frankel of Florida and Debbie Dingell of Michigan are planning on introducing a resolution this week condemning Hamas’ use of sexual violence and rape against Israeli women.
Persons: Pramila, , CNN’s Dana Bash, ” Jayapal, Jayapal, , Lois Frankel of Florida, Debbie Dingell, CNN’s Annie Grayer Organizations: Democratic, Congressional Progressive Caucus, CNN, Democratic Party, Hamas, Republican Locations: Washington, “ State, Gaza, Israel, United States, Michigan
[1/2] Participants take part in an annual LGBTQ+ Pride parade, in Kathmandu, Nepal June 10, 2023. "We have issued the marriage registration certificate to the couple in consideration of the Supreme Court order and instructions from relevant government authorities," said Hem Raj Kafle, chief administrative officer of the Dordi rural municipality. In June, the country's Supreme Court issued an interim order allowing same-sex couples to register their marriages pending a final verdict. "It is historic," said Pant, a former lawmaker, noting that it was the first such registration in South Asia. Taiwan is the only other country to legalise same-sex marriage in Asia, where societies remain largely conservative.
Persons: Navesh, Ram Bahadur, Gurung, Surendra Pandey, Pandey, Raj Kafle, Sunil Babu Pant, Nepal's, Pant, Gopal Sharma, Shilpa Jamkhandikar, Richard Chang Organizations: REUTERS, Blue Diamond Society, Maoists, Nepali Congress, Thomson Locations: Kathmandu, Nepal, Lumjung, South Asia, Taiwan, Asia
The "Citizens' Campaign" protesters say governments in place since the monarchy was scrapped, as part of a deal ending a Maoist insurgency, have failed to live up to commitments to develop one of the world’s poorest countries. Protesters tried to dismantle a police barricade on the outskirts of Kathmandu and march into the centre of the capital, prompting riot police to intervene and repel the crowd, witnesses said. Some police officers were injured by stones thrown by protesters, said Basnet. Durga Prasai, coordinator of the Citizens’ Campaign, said about 10 protesters were injured in the melee, two of them critically. Gyanendra, the last king of the Himalayan mountain country wedged between India and China, lives as a commoner with his family in Kathmandu.
Persons: Jitendra Basnet, Durga Prasai, Pushpa Kamal Dahal, Gopal Sharma, Mark Heinrich Our Organizations: Pro, Police, Protesters, Citizens ’, East, Nepali Congress, Thomson Locations: Kathmandu, Nepal, KATHMANDU, Malaysia, South Korea, India, China
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