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Cisco (NASDAQ: CSCO) shares fell 17% after the market close on Wednesday following the company’s mixed third-quarter earnings. “We continued to see solid demand for our technologies and our...
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McDonald’s to Sell Russian Restaurants to Siberian Licensee
McDonald’s (NYSE: MCD) revealed that it has come to an agreement to sell its Russian business to an active licensee, Alexander Govor. Govor currently runs 25 McDonald’s locations in...
United Nations Secretary-General, António Guterres, spoke of the alarming numbers around global food insecurity in a meeting at the UN Headquarters in New York. Now, the global hunger level...
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Flight Attendants’ Union Favors Spirit-Frontier Merger
The flight attendants union that represents workers at Spirit Airlines (NYSE: SAVE) and Frontier Airlines (NASDAQ: ULCC) expressed their support for the possible merger of the two carriers. The...
Lowe’s (NYSE: LOW) reported mixed earnings on Wednesday after cold and wet weather throughout April affected demand for seasonal goods. Shares tumbled 2% during premarket trading, upon the news....
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Ericsson and Intel Launch International Cloud RAN Tech Hub
Ericsson (NASDAQ: ERIC) and Intel Corporation (NASDAQ: INTC) have pooled R&D excellence to create Cloud RAN solutions. They have launched a tech hub in California, USA to focus on...
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Argo AI Launches Driverless Testing in Austin and Miami
Argo AI has officially begun operating its driverless test vehicles, with no human safety drivers, in both Miami and Austin. Nevertheless, the vehicles will not be transporting any paying...
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Home Depot Posts Strong Q1 Earnings
Home Depot (NYSE: HD) reported positive first-quarter earnings on Tuesday and ultimately raised its full-year outlook. According to the company, despite inflation, customers continue to shop with no sign...
