Category: Business News

Washington, DC
CNN
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Tesla revealed on Friday a prototype of a humanoid robot that it says could be a future product for the automaker.

The robot, dubbed Optimus by Tesla, walked stiffly on stage at Tesla’s AI Day, slowly waved at the crowed and gestured with its hands for roughly one minute. Tesla CEO Elon Musk said that the robot was operating without a tether for the first time. Robotics developers often use tethers to support robots because they aren’t capable enough to walk without falling and damaging themselves.

The Optimus’ abilities appear to significantly trail what robots from competitors like Hyundai-owned Boston Dynamics are capable of. Boston Dynamics robots have been seen doing back flips and performing sophisticated dance routines without a tether.

“The robot can actually do a lot more than we just showed you,” Musk said at the event. “We just didn’t want it to fall

New York
CNN Business
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The financial news publication Fast Company took the extraordinary step Tuesday night of shutting down its website after the outlet said it was hacked, resulting in a pair of obscene push notifications containing racist language being sent to Apple News subscribers.

A spokesperson for the publication told CNN in a statement that its “content management system account was hacked on Tuesday evening.”

“As a result, two obscene and racist push notifications were sent to our followers in Apple News about a minute apart. The messages are vile and are not in line with the content and ethos of Fast Company,” the statement said. “We are investigating the situation and have shut down FastCompany.com until the situation has been resolved.”

The statement also said the hack was “apparently related” to a “hack of FastCompany.com that occurred on Sunday afternoon, when similar language appeared on the site’s

By Deborah Castellano Lubov

Pope Francis says business has the power and experience to help suffering people and to help tackle crises worldwide, including the pandemic and war.

The Holy Father made these observations when addressing a delegation from Deloitte Global on Thursday in the Vatican.

Deloitte is one of the so-called ‘Big Four’ international accounting and multi-services firms worldwide, and employs some 350,000 people globally.

The Pope thanked them for their visit and work, before turning his attention to the numerous challenges plaguing the world, and suggesting three ways they can promote a more humane, just, and fraternal world.

Three suggestions for promoting a more just and humane world

The first,

New York Attorney General Letitia James filed a sweeping lawsuit Wednesday against former President Donald Trump, his three oldest children and the Trump Organization in connection with her yearslong civil investigation into the company’s business practices.

In the suit, which runs more than 200 pages, James’ office details what it says are Trump’s efforts to inflate his personal net worth to attract favorable loan agreements and alleges more than 200 instances of fraud over 10 years.

James is seeking to permanently bar the Trump family from serving as officers of New York-based companies and prevent Trump and his company from entering into commercial real estate acquisitions in the state for five years. She is also seeking about $250 million in penalties. In addition, her office is sending a criminal referral to the IRS and US prosecutors in Manhattan, she said.

“For too long, powerful, wealthy people in this country have