© Reuters. (Reuters) -Data and marketing automation firm Klaviyo disclosed its paperwork for an initial public offering (IPO) on Friday, reporting a surge in revenue growth and profitability in its most recent quarter. Boston-based Klaviyo posted revenue of $164.6 million for the quarter ended June 30, a 51% jump from…

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session higher on Friday as investors digested comments from Federal Reserve…

© Reuters. FILE PHOTO: SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Daniel Wiessner (Reuters) – A new lawsuit accusing SpaceX of illegally refusing to hire asylum recipients and refugees could be an important test of the U.S. government’s…

© Reuters. FILE PHOTO: UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. REUTERS/Rebecca Cook/File Photo By Joseph White, David Shepardson and Shivansh Tiwary (Reuters) -The United Auto Workers (UAW) union on Friday said members voted overwhelmingly in favor of…

© Reuters. Smartphone with displayed Instacart logo is seen in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Niket Nishant and Anirban Sen (Reuters) -Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while…

© Reuters. ​La-Z-Boy shares fall 2% despite Q1 beat La-Z-Boy Incorporated (NYSE:) shares fell around 2% after-hours despite the company reporting strong EPS for the quarter came in at $0.62, better than the consensus estimate of $0.54. Revenue was $482 million (down 20% against a year ago period that benefited from…

© Reuters. By David Shepardson WASHINGTON (Reuters) -U.S auto safety regulators said Tuesday automakers can comply with a Massachusetts law requiring them to share vehicle data with independent repair shops, reversing course after previously objecting that it could make vehicles vulnerable to hacking. The National Highway Traffic Safety Administration (NHTSA)…

© Reuters. FILE PHOTO: Signage is seen at the United States Department of Justice headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo By Kanishka Singh WASHINGTON (Reuters) -Two former precious metals traders at JPMorgan Chase (NYSE:) were sentenced on Tuesday for engaging in fraud, attempted price manipulation…

© Reuters. FILE PHOTO: WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo (Reuters) – The New York Stock Exchange (NYSE) has suspended trading in WeWork’s warrants due to “abnormally low” trading price levels and will initiate proceedings to delist…

© Reuters. Apellis jumps 38% on SYFOVRE update Apellis Pharmaceuticals (NASDAQ:) shares surged more than 30% in premarket Wednesday following the company’s update on its injection kits and rare events of retinal vasculitis reported in real-world treatment with SYFOVRE (pegcetacoplan injection) for geographic atrophy (GA) secondary to age-related macular degeneration…