Article
PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy
PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy
PayPal shares fell 10% in the early U.S. cash session after CEO Enrique Lores began a turnaround effort aimed at "taking deliberate steps to sharpen focus and accelerate growth."
Lores is pushing forward with a new turnaround plan that could generate at least $1.5 billion in savings for the struggling payment platform over the next two to three years. This will allow the company to reinvest in technology modernization. Lores said in an earnings release that PayPal...
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May 20, 2026 / Tyler Durden
Tense Trump-Netanyahu Call As US Presses Iran To 'Sign The Document' - But Israel Wants Military Greenlight
Tense Trump-Netanyahu Call As US Presses Iran To 'Sign The Document' - But Israel Wants Military Greenlight
Summary
Axios: "Trump continues to say he thinks a deal can be reached, but that he's ready to resume the war if it isn't."
US Marines board Iranian-flagged tanker in the Gulf of Oman, as it was accused of attempting to violate the US naval blockade.
Iran's parliament speaker and chief negotiator Mohammad Bagher Ghalibaf says that Tehran sees signs that the United States is seeking to restart the war
Oil tumbles after Pakistan again touts final deal draft...
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May 29, 2026 / Tyler Durden
Maryland's Glock Ban Aims At The Gun, Not The Criminal
Maryland's Glock Ban Aims At The Gun, Not The Criminal
Authored by David Manney via PJ Media,
Maryland Gov. Wes Moore signed SB 334 into law Tuesday, putting the state on a collision course with gun owners, firearm dealers, and 2nd Amendment groups.
The law targets "machine gun convertible pistols," mainly Glock-style semiauto handguns that use a cruciform trigger bar. Maryland lawmakers argue criminals can convert those firearms into fully auto with illegal devices called Glock switches.
The question remains: Why is Maryland banning future sales of common handguns because criminals already break...
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Apr 25, 2026 / Tyler Durden
Crypto Industry On Track To Surpass 2024 Spending On Texas Midterms
Crypto Industry On Track To Surpass 2024 Spending On Texas Midterms
Crypto super PACs scored big in the 2024 midterms, backing 53 of 58 candidates who won seats in Congress nationwide - including four from Texas.
(Azul Sordo/The Texas Tribune, Azul Sordo/The Texas Tribune)
This cycle, the same groups are pouring money into a fresh slate of Texas contenders and are on track to exceed their 2024 spending levels in the state, according to KSAT.
Two major PACs - Defend American Jobs and Protect Progress - have already committed more than $2.5 million to...
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