Paypal founder raises $100 mn for new payments startup

Affirm, a startup led by PayPal co-founder Max Levchin, said Thursday it secured $100 million in financing to expand its consumer lending business that aims to disrupt the credit card industry.

Volkswagen, dealers reach tentative deal in cheating scandal

Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, attorneys for the carmaker and dealers told a federal ...

Gig economy arrives in China (officially); ride-sharing a go

China's Cabinet issued its first rules for ride-hailing and told local officials Thursday to promote the booming industry, confirming the legal status of Uber Technologies Inc. and local competitors following run-ins with ...

Fast money: Banks making it easier to split the tab

Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank.

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