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Thursday, May 16, 2019

Cisco beats earnings target, says has cushioned supply chain from tariffs

Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, saying that minimal sales exposure to China and changes to its supply chains have helped cushion the blow of U.S.-China trade dispute.


from Reuters: Business News https://reut.rs/30jH0AR

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Egg prices surge as US inflation picks up

Overall prices in the US rose 2.9% compared with a year earlier, official figures show. from BBC News https://ift.tt/vzguNGa