PayPal pays $30 million to settle DOJ probe over 'DEI' investment program

Paypal Holdings

Paypal Holdings

PYPL

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- PayPal PYPL.O agreed to pay $30 million to settle a U.S. probe over an investment program created for black and minority-owned businesses that was "unlawful" and "discriminatory," the U.S. Department of Justice said in a statement on Tuesday.