SpaceX’s Starlink devices found in illegal mining sites in the Amazon | CNN

[ad_1] Sao Paulo CNN  —  Five Starlink internet devices were found in illegal mining sites in the Amazon during raids by Brazil’s environmental police on Tuesday, the environmental agency said. Starlink are small, easy-to-use satellite dishes made by Elon Musk’s private rocket company SpaceX. Starlink says its equipment can provide “high-speed, low-latency broadband internet in … Read more

Airbus widens its lead over Boeing in China with plans for second finishing line there | CNN Business

[ad_1] New York CNN  —  Airbus announced plans Thursday for a second final-assembly line in China, the latest sign that it has a lock on the key aviation market over rival Boeing. The announcement came as part of a state visit by French President Emmanuel Macron to China. The signing of the agreement by Airbus … Read more

Switzerland cuts bonus payouts for top Credit Suisse management | CNN Business

[ad_1] CNN  —  BERLIN -— Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday. Under Swiss banking law, the Federal Council can impose bonus-related measures on a systemically important … Read more

Walmart lays off 2,000 warehouse workers | CNN Business

[ad_1] New York CNN  —  Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America’s largest private employer warned it’s in for a tough year ahead. The retail giant is cutting more than 1,000 jobs in Texas, 600 jobs in Pennsylvania, 400 in Florida and 200 … Read more

Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates | CNN Business

[ad_1] Hong Kong CNN  —  China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing. The Cyberspace Administration of China (CAC) will review products sold by Micron in … Read more

Wall Street Journal reporter Evan Gershkovich appeals against arrest, Russian state media says | CNN

[ad_1] CNN  —  Detained Wall Street Journal reporter Evan Gershkovich has filed an appeal against his arrest in Russia, the Russian state news agency TASS reported Monday. The agency cited the press service of the Lefortovo Court of Moscow, which took the American journalist into custody last week. Gershkovich is currently being held in a … Read more

HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[ad_1] Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from … Read more

French minister under fire for Playboy magazine cover | CNN

[ad_1] CNN  —  French government minister Marlene Schiappa has come under fire from members of her own party after appearing on the front cover of Playboy magazine. Schiappa, who has been a government minister since 2017, appeared on the cover of the magazine to accompany a 12-page interview she did on women’s and LGBT rights. … Read more

CEOs are tired of being held responsible for gun regulation | CNN Business

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Americans have grown used to corporate executives treading the well-worn paths of the … Read more

Opinion: Why is ’60 Minutes’ amplifying the views of Marjorie Taylor Greene? | CNN

[ad_1] Editor’s Note: Dean Obeidallah, a former attorney, is the host of SiriusXM radio’s daily program “The Dean Obeidallah Show.” Follow him @DeanObeidallah@masto.ai. The opinions expressed in this commentary are his own. View more opinion on CNN. CNN  —  Last year, GOP Rep. Marjorie Taylor Greene of Georgia spoke at a white nationalist event organized … Read more

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