CDW Beats Quarterly Estimates On Demand For Hardware, Software
May 7 (Reuters) - IT hardware and services distributor CDW topped Wall Street estimates for first-quarter revenue and profit on Wednesday, buoyed by steady demand from healthcare, education and other industries. The Vernon Hills, Illinois-based company provides IT solutions such as cloud services, cybersecurity, and distributes hardware to enterprise, government, and healthcare clients across the United States, the United Kingdom, and Canada. "The Task Force's review is in response to the eruption of antisemitic harassment and violence that occurred Monday, May 5 at UW's campus in Seattle," the U.S.
Education Department, Health Department and General Services Administration said in a statement. Protesters, including some Jewish groups, say the government wrongly conflates their criticism of Israel's actions in Gaza with antisemitism and their advocacy for Palestinian rights with support for extremism. "Rises in pharmaceutical products, medical and hospital services, electricity and fruit and vegetables have contributed to higher living costs for all household types this quarter," ABS acting head of prices statistics Neel Tikaram said.
The administration of President Donald Trump labeled the incident as antisemitic activity. While it praised the university and law enforcement officials for their response, it urged the school to take enforcement actions and make policy changes. Their health costs spiked after thresholds for the Medicare Safety Net and Pharmaceutical Benefits Scheme (PBS) were reset on January 1, reducing the number of households that qualified for the schemes. The university said on Tuesday thirty pro-Palestinian protesters who occupied the building late on Monday were arrested, and charges of trespassing, property destruction and disorderly conduct would be referred to prosecutors.
WASHINGTON, May 6 (Reuters) - The U.S. government said on Tuesday it will review an incident at the University of Washington in which pro-Palestinian protesters occupied a university building while demanding the school cut ties with Boeing over its contracts with the Israeli military. The Trump administration has threatened universities with federal funding cuts over pro-Palestinian campus protests against Israel's military assault on Gaza following Palestinian Hamas militants' October 2023 attack in Israel.
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