Category Archives: CNN – Business

NFL wades back into controversy with new Super Bowl ad about police shootings

NFL wades back into controversy with new Super Bowl ad about police shootings

The NFL is wading back into controversial territory with a new Super Bowl ad addressing police shootings of black Americans. The 30-second spot, which stars retired wide receiver Anquan Boldin, re-enacts the October 18, 2015 death of Boldin’s late cousin, Corey Jones. Boldin’s cousin was shot by former police officer Nouman Raja in Palm Beach…MORE

Papyrus, another mall staple, is closing all its stores

Papyrus, another mall staple, is closing all its stores

Papyrus, a mall staple that’s best known for selling stationery and upscale greeting cards, is going out of business. Schurman Fine Paper, which owns the brand, filed for Chapter 11 bankruptcy Thursday in a Delaware court. The company is closing all 254 of its US and Canada stores. More than 1,000 employees will lose their…MORE

Jeff Bezos has bigger problems than his phone getting hacked

Jeff Bezos has bigger problems than his phone getting hacked

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Jeff Bezos got his phone hacked, perhaps by Saudi Arabia. But that might be the least of his problems. Amazon is facing a host of calls from both Republicans and Democrats for…MORE

Disney closes Shanghai park as deadly coronavirus spreads

Disney closes Shanghai park as deadly coronavirus spreads

Disney is closing down its mega theme park in China over the Lunar New Year holiday as fears grow over the deadly Wuhan virus. Shanghai Disney Resort made the announcement on its official website on Friday, saying the closure was “in response to the prevention and control of the disease outbreak.” The resort said it…MORE

Asian stocks quiet on Lunar New Year’s eve after a turbulent week

Asian stocks quiet on Lunar New Year’s eve after a turbulent week

Asian markets were mostly muted Friday morning on the eve of Lunar New Year celebrations, signaling a cautious approach after a broad sell-off the previous day over growing coronavirus fears. Hong Kong’s Hang Seng Index, which will close early for the holiday, fell 0.1% Friday. Japan’s Nikkei 225 was flat. Chinese markets were closed, and…MORE

Global carmakers and luxury brands hit as virus shuts down China’s ‘motor city’

Global carmakers and luxury brands hit as virus shuts down China’s ‘motor city’

Renault, Honda and Peugeot owner PSA Group are among the global companies that have large manufacturing plants in Wuhan, China, the center of a coronavirus outbreak that has claimed dozens of lives. The three automakers have operations in China’s “motor city” through joint ventures with Dongfeng Motor Corporation, one of the country’s largest auto groups.…MORE

California wants mandatory QR Codes for cannabis businesses

California wants mandatory QR Codes for cannabis businesses

California is doubling down on plans to use QR Codes in its fight against illicit cannabis sales. The California Bureau of Cannabis Control on Thursday proposed emergency regulations that would require state-licensed cannabis businesses to display their unique Quick Response Code certificates in their store windows and ensure they have the digital barcodes handy when…MORE

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