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The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.
Deutsche Lufthansa cut its guidance for the year, warning it will be increasingly challenging for its flagship airline to break even as it contends with negative market trends and aircraft-delivery delays.
Sales volume for PepsiCo’s Frito-Lay North America business dropped 4% in the latest quarter.
The U.K.’s Groceries Code Adjudicator said that fewer than half of Amazon’s suppliers felt the e-commerce giant complied with the agency’s code of practice, according to a recent survey.
Envestnet has agreed to be acquired by private-equity firm Bain Capital in a deal that values the wealth technology platform at $4.5 billion.
The annual fee will rise to $65 from $60, with the increase effective Sept. 1.
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