Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
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.
