By Arasu Kannagi Basil(Reuters) -StubHub’s 2024 revenue surged 29.5%, it reported on Friday in its U.S. initial public offering paperwork, as the online ticketing marketplace moves ahead with its long-sought New York flotation.A handful of companies are moving ahead with stock market listings despite volatility arising from uncertainty around U.S. trade policy.Nvidia-backed startup CoreWeave and ...
By Mike StoneWASHINGTON (Reuters) - U.S. President Donald Trump awarded Boeing (NYSE:BA) on Friday the contract to build the U.S. Air Force’s most sophisticated fighter jet yet, handing the company a much-needed win and boosting its shares. The Next Generation Air Dominance program will replace Lockheed Martin (NYSE:LMT)’s F-22 Raptor with a crewed aircraft built to enter combat alongside dr ...
By Shivansh Tiwary(Reuters) -FedEx’s shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump administration’s sweeping tariffs on trading partners.CEO Raj Subramaniam warned a day earlier that the company was navigating a very "challenging operating environment" and "weakness in th ...
By Bhanvi Satija and Sneha S K(Reuters) -Measles cases in Texas and New Mexico rose to 351 on Friday, the health departments of the states said, an increase of 34 infections since their last reports three days ago, as the United States deals with one of the largest measles outbreaks in the past decade.The number of cases in the two states has already surpassed last year’s count of 285 infections ...