Business

Cisco Systems Inc. shares CSCO, -10.89% 11.6% were eliminated in trading Thursday morning after the company reported declining fiscal-quarter revenue and posted a downbeat outlook for the current period. The stock is on course for its worst one-day percentage since February 10, 2011, when it dropped 14.2%. “Guidance for the …

“They’re asking for too much money, $ 3.5 trillion, we’ve already spent more than $ 3 trillion,” Kudlow said. “So many of the Democratic demands are genuinely liberal wish lists – voting rights and help to strangers and so on.” The HEROES action, created by democratic legislators, allocates $ 3.6 …

The ILM video demonstrates the tech used to shoot The Mandalorian. The two largest independent makers of the engines that practice video games, Unity Technologies and Epic Games, are stepping up their funding efforts to capitalize on the booming market for interactive entertainment. Unity and Epic both offer “game engines” …

(Bloomberg) – Shares of Cisco Systems Inc. danced Thursday after the company issued an unfortunate sales forecast, signaling that companies are spending less in the pandemic-driven recession. Chief Executive Officer Chuck Robbins promised to reduce spending by $ 1 billion through a reorganization that will include cuts and early retirement …

President Donald Trump will not include support for coronavirus support that includes provisions for “voting rights” supported by Democrats, White House economic adviser Larry Kudlow said Thursday. “So many of the Democratic issues are really liberal, leftist wish lists – voting rights and help to strangers and so on,” he …