Cisco Systems Inc. said Chuck Robbins will succeed John Chambers as chief executive officer, appointing a salesman with experience in global operations to revive growth as competition from upstart software makers gets more intense.
Less than two weeks after the collapse of its Time Warner Cable Inc. TWC 0.56 % deal, Comcast Corp. CMCSA 0.77 % executives sought to refocus investors on better-than-expected profit and revenue growth as the broadband business more than made up ...
Following are excerpts from the unofficial transcript of a CNBC interview with billionaire investor Warren Buffett live on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) from the Berkshire Hathaway Annual Shareholders Meeting.
New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar.
FILE - This Oct. 8. 2014 photo shows a Wall Street address on the side of a building in New York. U.S. stocks opened higher Monday, May 4, 2015, pushing stocks to record levels, as investors assessed corporate earnings.