Aug 8, 2024 | Markets
Investors valued the startup at $900 million in its latest funding round. Flyr, a travel startup that provides software to companies including JetBlue Airways Corp., has raised $295 million in equity and debt in a new funding round. The deal, led by WestCap, values...
Aug 8, 2024 | Markets
Company projects 1% to 2% revenue growth, down from 8% to 11% Dating firm ties lower outlook to ‘reset’ of growth strategy Bumble Inc.’s shares took a record plunge on Thursday after the dating company slashed its annual revenue outlook, signaling that an overhaul of...
Aug 7, 2024 | Markets
Bank follows Goldman Sachs in raising risk of a downturn US news suggests ‘early signs of labor shedding,’ bank says JPMorgan Chase & Co. now sees a 35% chance that the US economy tips into a recession by the end of this year, up from 25% as of the start of last...
Aug 7, 2024 | Markets
Flagship fund buys Amazon, AMD, Roku amid market selloff ARKK fund has declined more than 20% since the start of 2024 Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Wood’s ARK Innovation...
Aug 7, 2024 | Markets
More customers coming from $100,000 households, Dine CEO says Restaurants are racing to create new low-cost menu items Wealthier Americans are visiting IHOP and Applebee’s more often, and they’re looking for deals on their pancakes and wings. Dine Brands Global Inc.,...
