After 15 years, eBay plans to cut off PayPal as its main payments processor

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After 15 years, eBay plans to cut off PayPal as its main payments processor

eBay announced today that it will stop working with PayPal as its back-end payments service in 2020, and will start to move a small percentage of its payments volume to a new partner later this year.
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Catawba appoints two new department chairs

SALISBURY — Catawba College's Ketner School of Business has appointed two new academic department chairmen and made other administrative changes. Darin Spencer will be chairmain of the newly formed accounting department. Joshua Smicker will be the new chairman of the communications
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Elon Musk Stops Taking Flamethrower Orders After $10 Million in Sales

It took Elon Musk just four days to sell $10 million worth of flamethrowers, generating an unusual source of revenue for his Boring Co.
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FTSE 250 firm SIG to restate profits after suspending staff over accounting irregularities

FTSE 250 building materials supplier SIG is to restate its profits going back more than one year after a whistleblower revealed irregularities in its accounts. The firm said it had suspended “a number of individuals” after an investigation by its auditor KPMG found it had overstated its 2016 profits by up to
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Democrats Gain Momentum in Money Race Fueling Midterm Contests

The minority party in Congress is showing early financial strength in competitive districts where incumbents aren't seeking re-election, a Bloomberg analysis of Federal Election Commission filings shows. In nine of the races where candidates had completed filings by late Wednesday, Democrats have
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