New CEO for PayPal, Goldman's Rate Cut Call, U.S. Steel Rejects Takeover Bid 8/14/23
Squawk on the Street
Hiring a New CEO and Implications for PayPal
The chapter discusses the hiring process for the new CEO of PayPal, including the selection criteria and the focus on small and medium-sized businesses. It also highlights PayPal's need to improve relationships with merchants and the company's declining growth rate, and explores the implications of these decisions for the US consumer and retail-related news.
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