Cisco to Cut 1,300 Jobs in Drive to Reduce Costs

Cisco Systems, the biggest maker of computer-networking equipment, plans to eliminate about 1,300 jobs, or 2 percent of the workforce, as Europe’s debt crisis and sluggish corporate spending threaten sales

The Mixed Messages Out of Australia's Economy
22:58 - Sean Fenton, Tribeca Investment Partners portfolio manager, discusses the state of Australia's economy and the outlook for RBA policy with Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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