Supreme Court Opens the Door for Lawsuits Against Freight Brokers
Supreme Court slams the door on freight brokers' favorite defense. The unanimous decision says negligent hiring claims are not preempted by federal law. Freight brokers, brace yourselves. State lawsuits are back on the table. Will this reshape the freight industry landscape?
Cisco's stock just soared 20% after-hours. Why? AI orders. The networking giant's $5.3 billion AI infrastructure demand is rewriting its future. Revenue and earnings beat expectations, and Wall Street's watching. But with job cuts looming and a $1 billion pre-tax charge, is this rise sustainable? What's next for Cisco in the AI race?