Stripe and Advent propose $60.50 per share to buy PayPal (PYPL), valuing it at $53.4B with $17B equity and $50B financing; PayPal board to meet July 20.
Treasury names IRS and Social Security chief Frank Bisignano to implement Trump Accounts as more than 6.5M families sign up and a $1,000 child pilot enrolls 1.5M.
Warren Buffett says speculative trading and one-day options are crowding out value investing, making attractive opportunities harder to find for disciplined investors.
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