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Economic Opportunity Fund

Coverage of Economic Opportunity Fund in the Nexus archive.

Earliest in view: May 12 · 18:59 UTCMost recent: May 12 · 18:59 UTC
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  • BUSINESSMay 12 · 18:59 UTCTHE HILL
    PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses

    PayPal is waiving $30 million in processing fees after a settlement with the Justice Department over concerns about its support for minority-owned businesses. The company had created the Economic Opportunity Fund in 2020 to support these businesses. The settlement resolves accusations of bias in favor of minority-owned businesses.