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Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse

16 Apr 2025

By Jaiveer Shekhawat (Reuters) -Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States, more than a year after a $20 billion deal to be acquired by Adobe was shelved due to regulatory roadblocks. Figma had been widely considered as a candidate to go public after antitrust regulators …

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Notorious internet messageboard 4chan has been hacked, posts claim

16 Apr 2025

By Raphael Satter WASHINGTON (Reuters) – The notorious internet messageboard 4chan has been hacked, according to posts circulating online, some of which said that a the hacker involved had revealed identifying details of the site’s moderators to the public. The alleged hack first came to light when a defunct section of the site sprang back …

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United Airlines warns of profit risks if US economy falters

16 Apr 2025

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines forecast lower-than-expected profit for the current quarter on Tuesday and warned of downside risks to its full-year outlook if the U.S. economy slips into a recession. President Donald Trump’s trade war has increased the odds of an economic recession, hitting business and consumer confidence and rattling global …

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Ad firm Omnicom misses revenue estimates as economic uncertainty weighs

16 Apr 2025

(Reuters) – Advertising firm Omnicom Group missed Wall Street estimates for first-quarter revenue on Tuesday, as an uncertain economic environment weighed on several of its segments, sending its shares down 3.6% in trading after the bell. Omnicom witnessed declines in revenue growth across segments including healthcare, public relations, branding and retail, in the quarter, countering …

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Air New Zealand sees lower earnings for 2025, cites engine woes

15 Apr 2025

(Reuters) – Air New Zealand said on Wednesday it expects lower earnings in the 2025 financial year, citing uncertainty regarding its global engine maintenance delays and related compensation levels. The carrier expects earnings before taxation in the range of NZ$150 million ($88.50 million) to NZ$190 million in 2025, compared with NZ$222 million it had reported …

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UAW members at General Dynamics’ electric boat unit authorize strike

15 Apr 2025

(Reuters) – Union members at General Dynamics Electric Boat unit voted to authorize a strike, the United Auto Workers said on Tuesday. The move comes amid an ongoing labor dispute post the expiration of the members’ contract on April 4 at Electric Boat, a part of the defense contractor’s marine systems segment, which assembles nuclear-powered …

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Exclusive-Argentina bumper wheat harvest could hit record if export tax cuts extended

15 Apr 2025

By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s major Buenos Aires grains exchange, already forecasting a bumper wheat crop, could raise its estimates even higher if a temporary export tax cut until the end of June is extended, the body’s chief economist told Reuters on Tuesday. On the sidelines of an event to unveil the …

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Venture Global LNG starts commercial operations at Calcasieu Pass plant

15 Apr 2025

By Curtis Williams HOUSTON (Reuters) – Venture Global LNG has begun commercial operations at its Calcasieu Pass plant in Louisiana, ending a more than a three-year commissioning process at the plant, the company said on Tuesday. Venture Global will now sell LNG to its long-term customers at lower prices rather than test cargoes to the …

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Bond strategists expect US yields to fall despite tariff turmoil

15 Apr 2025

By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will fall, according to bond strategists polled by Reuters who say an economic slowdown in the wake of President Donald Trump’s erratic and sweeping tariffs on trading partners will eventually compel the Federal Reserve to lower interest rates. Their optimism on Treasury market performance comes as …

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