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PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare (www.bloomberg.com)

PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare::PayPal Holdings Inc. will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.

Trump’s Cash Stockpile at Risk From $450 Million Dual Verdicts (www.bloomberg.com)

Donald Trump is facing a pair of major legal verdicts in New York that risk wiping out most — if not all — of the cash the billionaire says he has on hand, a potential blow to the presidential candidate whose persona is tied up with financial success and wealth....

Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)

Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the...

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