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‘We Needed to Go’: Rich Americans Activate Pandemic Escape Plans [Yahoo! Finance News]
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US:NASDAQ Investor Relations: investor.paypal-corp.com
‘We Needed to Go’: Rich Americans Activate Pandemic Escape Plans) -- As coronavirus infections tore across the U.S. in early March, a Silicon Valley executive called the survival shelter manufacturer Rising S Co. He wanted to know how to open the secret door to his multimillion-dollar bunker 11 feet underground in New Zealand.The tech chief had never used the bunker and couldn’t remember how to unlock it, said Gary Lynch, general manager of Texas-based Rising S Co. “He wanted to verify the combination for the door and was asking questions about the power and the hot water heater and whether he needed to take extra water or air filters,” Lynch said. The businessman runs a company in the Bay Area but lives in New York, which was fast becoming the world’s coronavirus epicenter.“He went out to New Zealand to escape everything that’s happening,” Lynch said, declining to identify the bunker owner because he keeps his client lists private. “And as far as I know, he’s still there.”For years,
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- PayPal Holdings, Inc. (NASDAQ: PYPL) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $88.00 price target on the stock.[MarketBeat]
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- PayPal Holdings, Inc. (NASDAQ:PYPL) is largely controlled by institutional shareholders who own 73% of the company [Yahoo! Finance][Yahoo! Finance]
- Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet [Yahoo! Finance][Yahoo! Finance]
- Regulators will oversee cash apps including Apple, PayPal and Zelle [Yahoo! Finance][Yahoo! Finance]
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