Stocks’ decline accelerates after President Trump announces 25% tariffs on goods from Japan and South Korea and threatens additional tariffs on countries building closer ties with Brics economies.

Masonglory expects its initial public offering to price at $4 per share, the bottom end of its expected range of $4 to $6.

The company expects to incur charges of about $3.7 million for severance and other employee termination-related costs as a result of the cuts, according to a filing with the Securities and Exchange ...