Category: News | Business (page 39 of 84)

Beyoncé becomes first Black woman to wear iconic Tiffany Diamond | CNN style Luxury

CNN style Luxury | Beyoncé becomes first Black woman to wear iconic Tiffany Diamond

Beyoncé has made fashion history as the first Black woman to wear the iconic 128.54 carat Tiffany Diamond.

The Grammy-winning performer wears the stunning piece of jewelry, which features one of the world’s largest yellow diamonds, as she and her rapper husband Jay-Z become the faces of Tiffany & Co’s new “About Love” campaign.

“Love is the diamond that the jewelry and art decorate,” the power couple said in a press release on Monday.

The Tiffany Diamond was originally unearthed in South Africa in 1877.  —read more

The shipping crisis is getting worse. Here’s what that means for holiday shopping | CNN BUSINESS

CNN BUSINESS | The shipping crisis is getting worse. Here’s what that means for holiday shopping

Containers are shown at Ningbo-Zhoushan port on August 15, 2021.

London (CNN Business) – The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. That’s troubling news for retailers and holiday shoppers.

More than 18 months into the pandemic, the disruption to global supply chains is getting worse, spurring shortages of consumer products and making it more expensive for companies to ship goods where they’re needed.

Unresolved snags, and the emergence of new problems including the Delta variant, mean shoppers are likely to face higher prices and fewer choices this holiday season. Companies such as Adidas (ADDDF), Crocs (CROX) and Hasbro (HAS) are already warning of disruptions as they prepare for the crucial year-end period.

“The pressures on global supply chains have not eased, and we do not expect them to any time soon,” said Bob Biesterfeld, the CEO of C.H. Robinson, one of the world’s largest logistics firms.  —read more— 

An Apple II manual signed by Steve Jobs just sold for nearly $800,000 | CNN

CNN | An Apple II manual signed by Steve Jobs just sold for nearly $800,000

The Apple II manual signed by Steve Jobs and Mike Markkula, an early investor in Apple.

(CNN) – If you thought Apple computers were expensive, you haven’t seen what their manuals go for.

Boston-based RR Auction on Thursday sold an Apple II manual signed by the company’s late co-founder Steve Jobs for a whopping $787,484.

The computer’s 196-page manual is signed and inscribed opposite the Table of Contents: “Julian, Your generation is the first to grow up with computers. Go change the world! steven jobs, 1980.”  —read more

Former NBA player had surprising inspiration for his cannabis company | CNN

CNN | Former NBA player had surprising inspiration for his cannabis company

Former NBA player Al Harrington started a cannabis company after marijuana helped his grandma’s glaucoma. Harrington hopes to use his company, named Viola in honor of his grandma, to empower Black entrepreneurs.  —watch— 

‘Don’t blame Black people for your failure’: Doctor fires back at Texas Lt. Gov. | CNN health

CNN health | ‘Don’t blame Black people for your failure’: Doctor fires back at Texas Lt. Gov.

CNN’s Laura Coates and Dr. Cedric Dark discuss Texas Lt. Gov. Dan Patrick, who in a recent interview on Fox News claimed that African Americans were to blame for the ever-increasing wave of coronavirus cases.  —read more

Elon Musk just added a robot to his list of things always coming ‘next year.’ For now he’s got a guy in a suit | CNN BUSINESS

CNN BUSINESS | Elon Musk just added a robot to his list of things always coming ‘next year.’ For now he’s got a guy in a suit

Washington, DC (CNN Business) – Elon Musk said Thursday night at Tesla’s AI Day that the company is building a humanoid robot, and will probably have a prototype next year.

“It’s basically going to start dealing with work that is boring, repetitive and dangerous,” Musk said of the Tesla (TSLA) robot. “What is the work that people would least like to do?”

Musk did not say if it would be sold or for how much. The robot will have a screen positioned where a human face would be to display “useful information,” Musk said.

Musk said the robot would have a “profound” impact on the economy. He said physical work would be a choice in the future, and a universal basic income would be needed. Musk is among the Silicon Valley leaders who have cautioned that technology may eliminate the jobs of many people, so some humans will need another income source.

“But not right now because this robot doesn’t work,” Musk added.  —read more

Tesla is under investigation because its cars keep hitting emergency vehicles | CNN BUSINESS

CNN BUSINESS | Tesla is under investigation because its cars keep hitting emergency vehicles

New York (CNN Business) – Federal safety regulators are investigating at least 11 accidents involving Tesla cars using Autopilot or other self-driving features that crashed into emergency vehicles when coming upon the scene of an earlier crash.

The National Highway Transportation Safety Administration said seven of these accidents resulted 17 injuries and one death.

All of the Teslas in question had the self-driving Autopilot feature or the traffic-aware cruise control engaged as they approached the crashes, the NHTSA said.  —read more-– 

Ron DeSantis has no idea what he’s talking about | CNN politics

CNN politics | Ron DeSantis has no idea what he’s talking about

(CNN) – Gov. Ron DeSantis has made a name for himself within the national Republican Party by spouting science-free statements about Covid-19 and its impact on his state of Florida.

“Politicians want to force you to cover your face as a way for them to cover their own asses. That’s just the truth. They want to be able to say they are taking this on and they’re doing this even though it’s not proven to be effective they want to continue to do it.”

It’s a good applause line! People in his base don’t like politicians or wearing masks, so combine the two and — voila! — cheering.

Except that, well, DeSantis is totally wrong about masking — specifically when he says “even though it’s not proven to be effective.”  —read more— 

40 Gorgeous Fall Container Garden & Planter Ideas | HGTV

HGTV | 40 Gorgeous Fall Container Garden & Planter Ideas

Cooler temps are here to stay. Start planning your autumn container garden now with our favorite cool-weather flower combos, pretty planter designs and more.  read more

Power struggle: How Honda caught up with Mercedes – and how the Silver Arrows fought back | F1 TECHNICAL

F1 TECHNICAL | Power struggle: How Honda caught up with Mercedes – and how the Silver Arrows fought back

The race for championship honours isn’t just being fought out on track between Lewis Hamilton and Max Verstappen, but also back at the factories and HQs of Mercedes, Red Bull, and Honda. In this week’s Tech Tuesday, Mark Hughes looks at the battle to be top dog in the power unit stakes…

The development battle between Mercedes and Red Bull which may determine the outcome of the world championship has been quite visible – with a very extensive series of aerodynamic upgrades on the RB16B and significant new bodywork pieces on the W12 at Imola and Silverstone. But what this fight is also about is the competition between Mercedes HPP and Honda in which can deliver the best power unit.

Here the competition is less visually apparent as the crucial components lie secreted beneath the bodywork. Although in-season changes to the power units are limited by the homologation restrictions and the three engines per season rule, major developments to each of these standard-setting units came during the off-season. Both Red Bull and Mercedes are racing this year with significantly more power than in 2020.  —read more

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