CNN — Winners of the Billboard Music Awards, which celebrate top performers on the Billboard Music Charts across genres, will be revealed Sunday. Sean “Diddy” Combs is producing and hosting the event, taking place at the MGM Grand Garden Arena in Las Vegas. The Weeknd leads among finalists with nods in 17 categories. Silk Sonic,…
Tag: economy and trade
Pizza has a delivery problem
New York CNN Business — Pizza places have always been experts when it comes to delivery, flexing with remote drop-offs and robot delivery cars. But now they’re facing a problem: not enough drivers. In early March, Domino’s then-CEO Ritch Allison warned that a driver shortage would be a drag on business. “Delivery driver staffing may…
California is in a water crisis, yet usage is way up. Officials are focusing on the wrong things, advocates say
CNN — California is facing a crisis. Not only are its reservoirs already at critically low levels due to unrelenting drought, residents and businesses across the state are also using more water now than they have in seven years, despite Gov. Gavin Newsom’s efforts to encourage just the opposite. Newsom has pleaded with residents and…
Amazon just booked up to 83 rockets to launch its own satellite internet constellation
New York CNN Business — Three NASA astronauts and a European astronaut are returning home from the International Space Station, capping off their six-month mission during which they worked alongside Russian cosmonauts and hosted the first all-private crew to visit the orbiting outpost. The agreement includes two veteran rocket builders — United Launch Alliance, which…
4 reasons the economy looks like it’s crumbling — and what to do about it
New York CNN Business — The American economy is super weird right now. Pretty much anyone who wants a job can have one. The economy is so hot that prices are surging faster than at any point since the 1980s. The housing market is on fire. Consumers are spending like crazy. Yet we keep hearing…
Fred Ward, ‘The Right Stuff’ and ‘Short Cuts’ actor, dead at 79
CNN — Fred Ward, a veteran character actor in film and television, has died, according to his publicist Ron Hofmann. Ward, known for his work in “The Right Stuff,” “Short Cuts,” and numerous other films, died on May 8 at age 79. No cause of death was given. Ward started acting in the early 1970s,…
Kendrick Lamar raps about trans relatives in new song sparking praise and criticism
CNN — Kendrick Lamar’s highly anticipated new album includes a personal, if problematic, song about his transgender relatives. In the song “Auntie Diaries,” off his new record “Mr. Morale & the Big Steppers, ”Lamar raps about his uncle and cousin of him – depicted as two important, beloved figures in his life of him –…
Baby formula shortage: Biden administration seeks to help WIC families
CNN — The Biden administration is seeking to make it easier for low-income families to buy whatever baby formula is available on store shelves amid a nationwide shortage. About half of the infant formula in the US is purchased by those using federal WIC benefits, which allow them to obtain the formula for free but…
Premarket stocks: The startup world is due for a reckoning
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. London CNN Business — When WeWork, the eleven high-flying office space company, was forced to call off…
Elon Musk says his deal to buy Twitter is on hold
London CNN Business — Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted on Friday….