American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Instagram Outage Disrupts Thousands of U.S. Users 
PayPal is acquiring start-up Happy Returns for an undisclosed amount to mark another venture in e-commerce as it moves beyond payments.
The 120-person Santa Monica-based Happy Returns deals with returning things bought online.
Frank Keller, senior vice president of consumer in-store and digital commerce at PayPal, addressing pain points in the post-purchase experience is something they’ve been looking into.
The acquisition will help solve problems in returning and shipping items for merchants and help drive foot traffic to those businesses as the economy reopens.
Keller expects the product to incentivize more merchants to sign up for PayPal products.
The company works with around 31 million businesses that will eventually have access to the in-person returns network.
PayPal’s acquired Honey, a browser extension that lets consumers find and use coupons while shopping online, for $4 billion in late 2019.
It also announced in March that it would acquire cryptocurrency security company, Curv, for $200 million.
PayPal CEO Dan Schulman underlined online shopping as a key leg of growth.
Happy Returns has about 2,600 drop-off locations for returned products for an immediate refund or exchange.
