The initiative could be key to CEO Alex Chriss' effort to orchestrate a turnaround at the payments company. Venmo will remain a stand-alone brand in the U.S. due to its strong consumer recognition.

A lot has changed at PayPal Holdings (NASDAQ: PYPL) recently. Chief Executive Officer Alex Chriss took over a year and a half ago and set new strategies into motion, and the stock price is up more ...

Chris Buescher spun after contact from Chase Briscoe and collected Alex Bowman during Sunday's NASCAR Atlanta race. See the crash here.