Business

The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday:  Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
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After being the epicenter of a devastating second wave, India’s wealthiest state is already taking steps to prepare for a possible third wave, according to its tourism and environment minister. The western state of Maharashtra, home to India’s financial capital Mumbai, has so far reported more than 5.4 million cases, including over 82,000 deaths from
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Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
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Ohio Gov. Mike DeWine said Thursday that the state would end its participation in federal unemployment programs June 26. Justin Merriman | Getty Images News | Getty Images More than a dozen states are withdrawing from pandemic-era unemployment programs — forgoing billions of dollars in federal funds that would otherwise flow to out-of-work residents. Here’s
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Thomas Fields, founder of GRIND basketball. Source: GRIND The term has become popular in pro basketball, but Thomas Fields really did “trust the process” as he lured money from investors, including Mark Cuban, to expand his company. Fields is the founder of GRIND, a sports equipment company, and convinced the Dallas Mavericks owner to buy
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Sherry Ann Mohan, Managing Director at Goldman Sachs Source: Goldman Sachs Goldman Sachs continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC. Sherry
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