PayPal Holdings Inc. reported a 6% drop in fourth-quarter earnings, as expense growth outpaced revenue growth. The payments company said its net income totaled $584 million, or 49 cents a share, compared with $620 million, or 50 cents a share, a year earlier. On an adjusted basis, the company posted earnings per share of 69 cents, compared...

Source: Wall Street Journal January 31, 2019 00:33 UTC