Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive...
Check out the companies making headlines in extended trading. CSX — The rail transport and real estate stock ticked up about 1% after CSX beat Wall Street estimates on the top and bottom line in the first quarter. The railway company posted earnings of 46 cents per share on...
Travelers at LaGuardia Airport in New York on June 30, 2022.Leslie Josephs | CNBCWhile the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights.United Airlines "as an airline and as an industry"...
Abbott Laboratories delivered a top and bottom line beat Wednesday and surprised investors by raising its full-year guidance — a show of confidence by the medical device maker not seen in a first quarter since 2016. Revenue for the three months ended March 31 rose slightly more than 2%...
US Senator Richard Blumenthal (L) greets Boeing engineer Sam Salehpour as he arrives to testify before the US Senate Homeland Security and Governmental Affairs Subcommittee on Investigations during a hearing on "Examining Boeing's Broken Safety Culture: Firsthand Accounts," at Capitol Hill in Washington, DC, on April 17, 2024. Drew Angerer...
Vince McMahon, right, and Donald Trump attend a press conference about the WWE at the Austin Straubel International Airport in Green Bay, Wisconsin, on June 22, 2009.Mark A. Wallenfang | Getty ImagesAs he faces a mountain of legal woes, former WWE leader Vince McMahon is traveling, eating out and...
Check out the companies making headlines in midday trading. United Airlines — Shares surged 14% after the airline posted a narrower-than-expected loss in the first quarter. Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers Companies — The insurance stock fell 8% after...
Mateusz Slodkowski | Lightrocket | Getty ImagesComcast announced Wednesday that it is launching a prepaid and month-to-month low-cost internet and phone plan program called NOW.The new plan is designed to be simple for customers to opt into or cancel at any time using Xfinity and unlimited 5G. Comcast said...