Business

Business briefs

Cisco sale

Cisco Systems, the largest maker of equipment for computer networks, has hired Barclays to find a buyer for Linksys, which makes routers for home wireless access.

Amgen plea

Biotech company Amgen is scheduled to plead guilty today in a criminal case in federal court in Brooklyn, prosecutors said. The US Attorney’s office gave no details of the charges.

No toll hike

New York’s Thruway Authority abandoned a plan to raise truck tolls by 45 percent after months of opposition by farmers and upstate business groups who said it would hurt the state’s economy.

FB IPO fine

Morgan Stanley, the lead bank on Facebook’s IPO, was fined $5 million by Massachusetts over claims the firm gave research analysts information that wasn’t provided to all investors in the sale.

Apple talks

Apple is in early discussions to integrate local data from Foursquare Labs into its mapping application, wsj.com reported, citing people familiar with the talks.