Opinion
PayPal Reaches $30M Settlement Over So-Called ‘DEI Program’ That Helped Black-Owned Businesses
The DOJ probe of PayPal involved the company’s Economic Opportunity Fund, a $530 million program launched in 2020 to support Black and minority-owned businesses after the killin ...
PayPal agrees to $30 million settlement with Trump's Justice Department over 'illegal DEI'
PayPal reached a settlement with the Department of Justice over a 2020 "Economic Opportunity" fund and agreed to launch a new Small Business Initiative.
PayPal Reaches $30 Million Pact With Justice Department Over Minority Funding
The case is part of the Trump administration’s campaign against corporate DEI initiatives.
PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses
PayPal is expected to launch a new initiative waiving processing fees on $1 billion worth of transactions at the value of $30 million after signing a Tuesday settlement with the Justice Department ...
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San Jose tech giant PayPal agrees to $30 million settlement with feds over DEI fund
In 2020 San Jose financial technology giant PayPal proudly announced it would spend a half a billion dollars to support Black and minority businesses and communities because, in the words of then-CEO ...
Morningstar
Dow Jones Top Financial Services Headlines at 12 AM ET: PayPal Reaches $30 Million Pact With Justice Department Over Minority Funding | Munich ...
The case is part of the Trump administration's campaign against corporate DEI initiatives. Munich Re Profit Rises With Marginal Hit From Iran War The reinsurer reported a rise in first-quarter net ...
FOX 5 Atlanta
Paypal agrees to $30 million settlement with Justice Department over 'illegal DEI'
The Department of Justice announced a settlement with PayPal, Inc. after the company allegedly pushed "a discriminatory investment program created for Black and minority-owned businesses." "This ...