Category Archives: CNN – Business

Businesses including Apple and General Motors ask Trump to keep DACA in place

Businesses including Apple and General Motors ask Trump to keep DACA in place

A group of top business leaders asked US President Donald Trump in a letter on Saturday to keep a program that protects nearly 800,000 young immigrants from deportation, stating that the economic recovery from the pandemic could be hurt if it is rescinded. The letter arguing in support of the Obama-era Deferred Action for Childhood…MORE

Somebody paid a record $114,000 for a rare Super Mario Bros. video game

Somebody paid a record $114,000 for a rare Super Mario Bros. video game

An anonymous buyer bid a record $114,000 for a rare, unopened copy of the classic video game Super Mario Bros. The game cartridge was originally released in 1985 for the popular Nintendo Entertainment System console, according to Dallas-based Heritage Auctions, which ran Friday’s auction. The winning bid broke the record for the most ever paid…MORE

Disney Parks chief on reopening: ‘We are in a new normal’

Disney Parks chief on reopening: ‘We are in a new normal’

Walt Disney World reopens its gates on Saturday. But should it? Josh D’Amaro — the new chairman of Disney Parks, Experiences and Products — says the resort is safe and ready. “We are in a new normal,” said D’Amaro, who started the job in May. “The world is a different place, but we feel really…MORE

Muji files for bankruptcy

Muji files for bankruptcy

Trendy home-goods chain Muji has filed for bankruptcy, making it the latest in a string of retailers to do so as the coronavirus crisis decimates the industry. Muji, which sells minimalist decor, stationery and clothing, filed for Chapter 11 bankruptcy protection Thursday in Delaware. The company plans to use the process to emerge with a…MORE

Elon Musk just became richer than Warren Buffett

Elon Musk just became richer than Warren Buffett

Tesla CEO Elon Musk just zoomed past Warren Buffett on the Bloomberg Billionaires Index to become the world’s seventh wealthiest person. Musk’s fortune rose more than $6 billion Friday, according to Bloomberg, after Tesla’s stock surged 10.8% to a record $1,544 per share. Its market value stood at $286.5 billion. Musk owns 20.8% of Tesla’s…MORE

Tyson and other meat processors are reportedly speeding up plans for robot butchers

Tyson and other meat processors are reportedly speeding up plans for robot butchers

Tyson Foods and other meat processors that became early hotspots for the Covid-19 pandemic are reportedly accelerating plans to have robots replace human meatcutters. Tyson engineers and scientists — with the help of some designers from the auto industry — are developing an automated deboning system to help butcher the nearly 40 million chickens processed…MORE