*By Jacqueline Corba*
BODY: Shares of DocuSign surged 37 percent in the their market debut Friday. The electronic signature company raised $629 million in its initial public offering and ended the day with a market value of nearly $6 billion.
"The reception we've received on Wall Street has been great," said the DocuSign CEO Dan Springer. "The company has the scale, we have over 500 million dollars of revenue. The company continues to have great growth."
In fiscal 2018, DocuSign became cash-flow positive and generated $518 million in revenue.
Springer said the company is looking toward international expansion. Only 17 percent of the firm's revenue is from outside of the U.S.
For the full interview, [click here](https://cheddar.com/videos/docusign-ceo-dan-springer-on-first-day-of-trading).
Jetblue announced it's revamping its True Blue loyalty program by adding perks for travelers who haven't reached their frequent flier status and is an effort to have its program reflect shifting travel habits.
Even as the number of instances of child labor labor violations surged in recent years, lawmakers in some states have worked to ease the use of minors in often dangerous working conditions.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
