China's annual Central Economic Work Conference opens amid conflicting signals about the leadership's commitment to maintain gross domestic product growth levels while caring for the environment and fostering popular social welfare
After an undercover video revealed farmworkers abusing cows, DiGiorno Pizza will no longer accept cheese made with milk from that farm
The state wants to build two massive tunnels to divert water under a sensitive watershed
The News Corp. CEO’s greatest hits on Twitter have been transformed into a set of greeting cards—just in time for the holidays
It lets customers go off the grid when utilities charge their highest rates and provides a backup during outages
While a little Tuesday morning snow caused commuter delays, skeptics should remember that on every working day, a Super Bowl stadium's worth of commuters is shipped via public transport from New Jersey to New York
Northwestern's Kellogg School of Management reclaims the top stop after a two-year absence
The Santa Spy Cam app—which superimposes Santa, elves, and even reindeer on moving images of a given home—is an overnight hit with parents who face skeptical kids
Sean Gallup/Getty Images
PayPal is an online service that allows users to make payments and transfer money over the Internet. Founded in 1998, the company was formerly known as X.com.
Introduced: PayPal held its initial public offering on Feb. 14, 2002.
Immediate stock impact: By May 30, PayPal shares had risen from $13 to almost $30.
Long-term performance: After less than eight months as a public company, PayPal was bought by eBay (EBAY) for $1.5 billion. The shares had risen 56% in that time.