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FILTERED RESULTS
Oil prices steady amid cooling M.East supply jitters
Holtec Nuclear postpones U.S. IPO, citing market conditions
Hawkish Fed lifts dollar to seven-week high as focus turn to BOJ
Shares tick higher as Fed hikes rates, dollar jumps with short-term yields
Goldman Sachs Predicts Second Federal Reserve Rate Hike in October
Hang Seng breaks 50% Fib at 24,363, ADX at 40.7: Live levels
US official says upcoming spectrum auctions could generate more than $100 billion
Russian Air Strike Injures Ten in Kyiv
HKMA Chief Executive Warns of Pressure on HK Dollar Due to Interest Rate Gap
OpenAI discloses six more instances of ’concerning’ AI model behavior
Oil Holds Drop as Saudi Arabia Moves to Restore Vital Pipeline
Saudi Arabia Reroutes Crude Oil via Oman Amid Ongoing Supply Concerns
South Korea's Foreign Minister Affirms Commitment to National Interests
South Korea Delays Announcement of US Investment Deal Due to Procedural Issues
Goldman Sachs now sees Fed hiking again in October
South Korea Considers Military Deployment to Strait of Hormuz
China to Enhance International Cooperation on Small Modular Reactor Technology
U.S. Denies Visa to Palestinian President Mahmoud Abbas for UN General Assembly
Mitsui OSK to Sell Older Oil Tankers as Vessel Prices Surge
Oil prices extend losses as fears of Middle East supply disruptions ease
US temporarily eases curb on working hours for fuel truck drivers
U.S. House passes bill aimed at shielding households from data center power costs
Mark Walter and Todd Boehly sell Chelsea stakes to Clearlake
Trump says he told Fed chief to ‘do what you want’ ahead of interest rate hike
Walmart Expands Conversational AI Capabilities Across Scintilla Platform
Snap launches $2,195 Specs augmented-reality glasses as AI push expands
IMF says Australia may need further interest rate rises to tame inflation
Venezuela Aluminum Heads to US; Heeney Eyes Gold Deal
IMF Urges Australia to Prepare for Further Interest Rate Hikes Amid Inflation Concerns
IMF Urges RBA to Stay Hawkish Citing Inflation Upside Risks
Asia Risks Unrest as El Niño, War Threaten Food Supplies, Consultancy Says
Gulf AI adoption fast outpacing security controls
Pisa education tests produce mixed bag in Middle East
Fed’s Hawkish Hike to Pressure Asian Currencies, Strategists Say
Treasuries Pare Losses From Fed Hike, Dollar Gains: Markets Wrap
Trump Announces Progress on New Agreement Between Washington and Mexico
OpenAI to regularly disclose AI misbehavior, warns safety challenges remain
Google should relax ad tech rules, appoint antitrust monitor, US judge finds
European Stocks Expected to Open Modestly Higher
Tata Board to Mull Asking Chandra to Stay On Amid RBI’s IPO Push
Why is Snap stock climbing after-hours today?
Holtec postpones planned U.S. IPO citing market conditions - Bloomberg
Donald Trump says Canada’s bid for EU ‘associate membership’ is a ‘hostile act’
US Imposes Sanctions on Palestinian Authority Officials and PLO Members
U.S. stock futures rise after hawkish Fed dents Wall St
People's Bank of China Expected to Set USD/CNY Reference Rate at 6.7241
Snap Partners with Verizon to Launch Custom Data Plans and Financing Options
New Zealand Economy Beats Estimates, Boosting Rate-Hike Bets
Snap Introduces New AI Services and Partnerships for Spectacles
ExxonMobil Close to Investment Agreement in Venezuela's Oil Fields
OpenAI Discloses Six New Incidents of ‘Concerning' A.I. Behavior
KLEA Finance Daily: Wednesday, September 16, 2026
IMF Advises RBA to Maintain Tightening Bias Amid Inflation Risks
Fed Rate Hike Raises Costs of Funding Global Commerce
BOJ Faces Higher Bar to Support Yen After Fed’s Hawkish Hike
Nuclear Power Services Firm Holtec Postpones Planned US IPO
OpenAI Reports Six New AI Safety Incidents and Introduces Disclosure Framework
US House Approves Legislation to Transfer Electrical Grid Upgrade Costs to Data Centers
Holtec Nuclear suspends planned US IPO
Boehly, Walter Sell Chelsea Stakes to Clearlake After Feud
Gold Holds Decline After Fed Tilts Hawkish and Raises Rates
The SpaceX IPO Gave This Couple License to Chase Their Dreams
Trump to Discuss Postwar Strategy with Gulf Leaders at UN General Assembly
Judge Orders Data Sharing and Other Fixes to Solve Google’s Ad Tech Monopoly
U.S. House of Representatives Poised to Pass Data Center Cost Bill
Snap targets enterprises with Salesforce, Nvidia AI tools for augmented-reality glasses
Snap Partners with Nvidia, AWS, and Salesforce to Target Enterprise Market with AR Glasses
Bank of England Expected to Hold Rates Amid Rising Energy Costs
Trump to Discuss Iran Strategy with Gulf Leaders in New York
PayPal Pauses Venture Capital Portfolio Sale After Lowball Offers
PayPal has paused its planned sale of its venture capital portfolio after offers came in at no higher than 60 cents on the dollar, Seeking Alpha reported Friday (Sept. 4), citing a paywalled article by Axios that was based on unnamed sources.
The investments in PayPal’s portfolio include shopping app Tabby and crypto platform Anchorage, and the company’s attempt to sell the portfolio followed its decision earlier this year to wind down its venture capital arm, according to the report.
PayPal did not immediately reply to PYMNTS’ request for comment.
It was reported in June that PayPal was “exploring strategic options” for its venture capital arm.
“As part of our continued efforts to sharpen our focus, we are exploring strategic options for our corporate venture capital arm, PayPal Ventures,” a company spokesperson said at the time.
The June report also cited unnamed sources who said that PayPal was shutting down PayPal Ventures as part of a broader corporate shakeup and that the company was looking to sell some of its positions on the secondary market.
PayPal announced in April that it undertook a reorganization that includes a three-business operating model. The three businesses include checkout solutions and PayPal; consumer financial services and Venmo; and payment services and cryptocurrency.
PayPal President and CEO Enrique Lores said in an April press release: “To accelerate growth and unlock our full potential, we need to recommit to our fundamentals — getting much closer to the consumer, aligning the company around three strong businesses, simplifying how we work, sharpening accountability and prioritizing operational excellence.”
During a July 28 earnings call, Lores said the immediate work in PayPal’s multiyear turnaround plan includes improving checkout, rebuilding consumer engagement, expanding financial services and Venmo, modernizing technology and cutting costs.
Chief Financial and Operating Officer Jamie Miller said during the call that PayPal is focused on “removing duplication, bands and layers” before moving into later phases of the restructuring over the next 12 to 18 months.
It was reported Aug. 28 that Advent International and Stripe walked away from a potential buyout of PayPal, ending months of speculation over a deal.
Source: PYMNTS.com