Cisco on Monday announced John Chambers would step down as chief executive effective July 26. Succeeding him as CEO will be Cisco veteran Chuck Robbins.
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.
NEW YORK - U.S. stocks gained Monday, pushing the market to record levels, as investors assessed corporate earnings. Stocks also got a lift from a report that showed factory orders rose in March for the first time since last summer.