Shares of Snap gained after S&P Global Ratings upgraded the social-media company's credit rating, citing in part a cost-savings program that includes layoffs. The stock rose 4.6% to $6 on Thursday.
Snap-on Credit sued Donald Merritt on Feb. 23 in Ohio Court of Common Pleas for Jefferson County over alleged default on commercial equipment financing agreements. The action, brought by Markoff Law, ...