Global business: Cisco cuts jobs amid unstable demand, Smartphones ou...

 
 
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Thursday August 15 2013
 
 
Companies News
 
Cisco cuts jobs amid unstable demand
 
Despite fourth-quarter results that were in line with expectations, shares fell almost 10% as the company said it would cut 4,000 staff
 
 
 
Smartphones outsell basic handsets
 
 
Macy's sounds retail warning on earnings
 
 
Airlines merger set for bitter battle
 
 
'Whale' loss charges for JPMorgan ex-traders
 
 
Asia chat apps gain ground in mobile race
 
 
China widens probe into drug pricing
 
 
Slim's bid for KPN hit by Dutch stance
 
 
German court blocks Liberty cable deal
 
 
Brazil sues Samsung over work conditions
 
 
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