Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
"I really want to encourage competition because I think competition creates innovation, and when you create innovation everyone wins," Humana CEO Bruce Broussard says.Health and Scienceread more
The former top aide of retired United Auto Workers Vice President Joe Ashton, a former member of the GM's board, was charged Friday with conspiracy to commit wire fraud and...Autosread more
Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
The wearables company has reportedly retained advisers to consider exploring a sale of the business.Technologyread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Walmart is the latest to pull back from the industry. Federal regulators said they will soon ban flavored e-cigarettes, while some nations have outlawed the products...Health and Scienceread more
Legal experts say that California, which has pledged to sue, has a strong case that the administration's move is unlawful.Politicsread more
With tech giants like Apple reportedly planning similar products, PayPal could be putting this idea to use in payment-enabled glasses sooner rather than later.
The software as imagined could overlay product information and purchasing options onto physical objects, according to the patent — originally filed in 2016 but extended earlier this week.
A shopper looking at an item on the storefront shelves would see a hovering, virtual description including price, payment options and return policy.
The glasses could also walk shoppers through the steps to purchase items online, with vendor and purchaser information already stored in the system.
PayPal was not immediately available to comment on the development of such a system.
AR glasses could serve as another digital payment solution for a company that's led the space for years, according to Ramsey El-Assal, senior vice president and fintech analyst at Jefferies.
El-Assal doesn't expect PayPal to roll out the product anytime soon, but said it's likely it'll have the solution ready if it ever becomes practical.
"As the physical and digital commerce kind of merge together, this patent makes it feel like PayPal continues to plan for that," he said.
PayPal has been broadening the applications of its PayPal and Venmo checkout options.
It's long allowed customers at online retailers to pay with the funds in their PayPal accounts. But the company more recently enabled that function at brick-and-mortar retailers, too, through specially designed hardware and mobile systems.
An augmented reality look-and-buy payment system would likely raise security concerns and come with bugs to work out. But it could also seal PayPal as an early practical entrant to the budding virtual reality space.