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Profit is part of a major shift in the company’s revenue performance after a four-quarter decline.Cisco Systems’ revenue shift lasted for the second consecutive quarter as artificial intelligence and global partnerships increased demand for technology products. The company’s shares rose in after-hours trading.After the May 14 closure bell, the San Jose, California-based network products pioneer reported revenue of $14.1 billion for the third quarter of fiscal year 2025, ending April 26.This is an 11% increase from the same period in 2024, exceeding the company’s previous guidance and exceeding the 9% year-on-year report in the second quarter.Two consecutive quarters of growth…

Shares in agricultural and construction equipment manufacturers rose almost 4%. Over the past five years, the stock has risen nearly 310%.John Deere’s revenue and revenue fell due to global declines in sales in the second quarter of fiscal year 2025, but we won expectations. The company has reaffirmed guidance for the remaining fiscal year and continues to accept local American manufacturing.On May 15, the Moline, Illinois-based agricultural and construction equipment manufacturer reported that its net profit of $1.84 billion ($6.64 per share) exceeded market forecasts in the second quarter, which ended April 27. This is compared to net income of…

Dee-Ann Durbin, Associated Press Travel to the US fell 9% in April as businesses and workers tackled economic uncertainty and anger over the Trump administration’s tariffs and border policies. The National Travel and Tourism Office released preliminary figures on Thursday showing the number of airlines and ship passengers that entered the country using business visas last month. The Middle East was the only region with high business travel to the US, an increase of 9.4% compared to April 2024. For example, the number of business travelers from Western Europe fell by 17.7%. Data from the new government did not include…

On May 15, the Supreme Court heard oral debate in connection with the Trump administration’s request to lift a nationwide injunction imposed on the president’s birthright citizenship order.This decision can determine how a judge can deal with the president’s actions.During the discussion, the judge raised a question about how far a lower court judge can go from issuing relief from certain policies.Attorney General D. John Sauer told the court that the national injunction under Section 3 of the Constitution exceeds the authority of a judge.Supreme Court members have criticised national injunctions in the past, but they appeared skeptical that it…

Alan Sudderman Coinbase, the largest US-based cryptocurrency exchange, said Thursday that criminals had improperly acquired personal data about exchange customers for use in crypto theft fraud and had requested a $20 million payment to prevent information from being released. Coinbase CEO Brian Armstrong said in a social media post that the offender has bribeed some of the customer service agents for companies living outside the US and handed over personal data about the customer, including their names, date of birth and partial Social Security numbers. “(Stolen data) allows for social engineering attacks. Social engineering attacks can help customers impersonate Coinbase…

Senators want “performance indicators” and ways to assess the effectiveness of US aid to Mexico in the fight against criminal organizations.The bipartisan Mexican Security Assistance Accountability Act, introduced in the Senate on May 15, would require the State Department to devise a strategy to dismantle Mexican drug cartels with measurable goals.Officers Dave McCormick (R-PA.) and Mark Kelly (D-Ariz.) introduced laws targeting the cartel on May 15th. The US government has spent $3 billion to help Mexico support Mexico in security, but nevertheless pointed out that the cartel has “earned a significant position.”The bill will help Mexico annihilate the cartels, increase…

Matt O’Brien Like its creator, Elon Musk’s artificial intelligence chatbot Glock became obsessed with South African racial politics this week on social media, posting unsolicited claims about persecution of white people and “genocide.” The chatbot, created by Musk’s company Xai, continued to post publicly about “white genocide” in response to various questions asked by users of Musk’s social media platform X. One exchange was about Max, a streaming service that revives the HBO name. Others were about video games and baseball, but quickly turned to unrelated commentary on the calls for violence against white South African farmers. Born in South…

Last month, the CDC panel said it was considering narrowing universal recommendations for Covid-19 vaccination.The Department of Health and Human Services (HHS) is planning to suspend recommendations for daily COVID-19 vaccines for children, teens and pregnant women, senior agency officials confirmed by the Epoch Times.The development was first reported by the Wall Street Journal on May 15th. According to the report, official announcements are expected on the upcoming days.Currently, the Centers for Disease Control and Prevention recommends that individuals over six months receive the latest Covid-19 vaccination.Three Covid-19 vaccine shots in the US are permitted for Moderna and Pfizer/Biontech messenger…

Michelle Chapman, AP Business Writer Dick’s sporting goods are buying the struggling shoe chain foot locker for around $2.4 billion, the second acquisition of a major footwear company in a few weeks, just as business leaders are wrestling with uncertainty over US President Donald Trump’s tariffs. Dick said Thursday that he hopes to operate foot lockers as a standalone unit and maintain foot locker brands such as children’s foot lockers, Champion Sports, WSS and Japanese sneaker brand Atmos. “Sports and sports culture remains extremely strong and with this acquisition we will create a new global platform that will deliver evolving…

TALHASSEE, Fla. (WFLA) – A new report from Redfin shows that rising costs and rising economic uncertainty have led to more potential home buyers receding. The governor wants to provide financial relief by eliminating or reducing property taxes, but state lawmakers and local leaders disagree with some of his proposals. House members met for the second time at the Capitol after talking to local leaders about property taxes to their hometown districts. Lawmakers invited Gov. Ron DeSantis himself to join in the conversation at the upcoming committee meeting. However, the governor does not appear to have made that call. “No,…