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☆ Bank of America CEO: We're preparing for possible debt default
▼ + stars: | 2023-02-06 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

The CEO of Bank of America (BAC), America’s second-largest bank, told CNN he hopes lawmakers resolve their issues, because the market and economy love stability. “We have to be prepared for that, not only in this country but in other countries around the world,” Bank of America CEO Brian Moynihan told Poppy Harlow on “CNN This Morning” Monday. Yellen subsequently said there could be a “global financial crisis” if there is no debt limit agreement. Extremely low,” Moynihan told Harlow. He told Harlow that given China’s importance in the global supply chain, it’s in everyone’s interests to not have any economic tensions escalate.

☆ How monk turned motivational speaker, Jay Shetty, and his wife are building a growing empire of wellness teas— with backing from New Money Ventures
▼ + stars: | 2023-02-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

The sparkling tea brand has raised funding from LA-based firm, New Money Ventures. Liquid Death, a canned water brand, was valued at $700 million during its Series D round in October 2022. In April 2022, Beyonce invested in Lemon Perfect, a lemon water brand. In November 2022, the organic birch water brand Treo announced a partnership with the singer Jason Derulo. Joyo launched direct-to-consumer on January 25, so customers can now order products online to any location in the United States.

☆ Why PETA—and Taxidermists—Approved of Kylie Jenner’s Lion-Head Dress
▼ + stars: | 2023-01-25 | by ( Lane Florsheim | ) www.wsj.com time to read: 1 min

Fur has long been known to ruffle fashion critics’ feathers. But as couture week began Monday in Paris, it was a group of fake animal heads that got people up in arms. A lion’s face leapt off the front of Irina Shayk’s black velvet dress. The head of a wolf sat on the shoulder of Naomi Campbell’s faux-fur coat. Kylie Jenner, seated front row at the show, also wore a lion head fastened to her dress.

“Mission Hospital used to be where everyone would go if they wanted good care,” Jaquins said, reflecting on her previous experiences with the health care system. Sue Fischer is a longtime HCA employee who’s concerned about patient care in her facility. “We were a great system as Mission Health and we’re an even better system as HCA Mission Health,” she said. “Delays in care is the biggest patient care issue I see because of staffing,” Hernandez said. According to the CMS ranking system, Mission Hospital currently holds an above-average overall quality rating — four stars out of a possible five.

☆ CNN announces revamped daytime lineup with new show format
▼ + stars: | 2023-01-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

New York CNN —CNN on Wednesday announced a revamped dayside programming lineup that the network said will employ a new format for shows to deliver the news to viewers. Instead, the spokesperson explained, they will be moving around and utilizing the full square footage of the network’s various studios. As a result of the programming changes, “CNN Newsroom” anchors Victor Blackwell and Alisyn Camerota will transition to new roles. CNN didn’t say specifically when the new schedule will go into effect, but the network said it will happen sometime in the coming months. The CNN chief, however, is still searching for a 9 p.m. host since anchor Chris Cuomo was fired in 2021.

☆ Hospitals rely on volunteers for $5 billion a year of free work — and some could be violating federal labor laws
▼ + stars: | 2023-01-10 | by ( Lauren Sausser | Kaiser Health News | ) www.businessinsider.com time to read: +9 min

The US health system benefits from potentially over $5 billion in free volunteer labor annually. Like paid employees, hospital volunteers typically face mandatory vaccine requirements, background checks, and patient privacy training. Hedges was furloughed for the better part of six months when hospital volunteers were sent home in March 2020. Nonprofit and for-profit hospitals alike benefit from volunteersNonprofit hospitals must follow federal labor laws, too. Nonprofit hospitals are required to provide a benefit to their communities, such as offering charity care, in exchange for their special tax status.

☆ Get ready for a ‘slowcession’ in 2023, Moody’s says
▼ + stars: | 2023-01-03 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

But Moody’s Analytics says the more likely scenario is a “slowcession,” where growth grinds to a near halt but a full economic downturn is narrowly avoided. “Under almost any scenario, the economy is set to have a difficult 2023,” Moody’s Analytics chief economist Mark Zandi wrote in a report on Tuesday. Why Moody’s is predicting no recessionIn addition to cooling inflation, Moody’s expressed optimism about the ability of consumers to weather the storm in 2023. “Shoppers are the firewall between an economy in recession and an economy that skirts a downturn,” Zandi wrote. “It is important not to be Pollyannish, but it also important not to convince ourselves that a recession is inevitable,” Zandi wrote.

☆ The tech we couldn’t live without in 2022
▼ + stars: | 2022-12-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

CNN —Bone conduction headphones, TV streaming devices and Bluetooth speakers are among the tech gadgets topping holiday wish lists this year. Other notable products – ahem, the new 14 Pro and 14 Pro Max – are near impossible to find. Since my move to New York, I’ve had to find all new favorite spots for good food and drinks. – Victor Blackwell, co-anchor of CNN NewsroomHBO MaxNow that I commute home at the ungodly hour of 1 a.m., I lean heavily on my HBO Max app (starts at $9.99 a month). – Samantha Kelly, CNN senior tech writerRev.comI remember being an intern over a decade ago logging half hour long interviews for producers.

☆ CNN chief executive Chris Licht says the 'vitriol' aimed at him over his efforts to make the network less partisan has been 'stunning'
▼ + stars: | 2022-12-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

CNN CEO Chris Licht said the "vitriol" aimed at him over changes at the network has been "stunning." And Licht has been adamant that CNN should be a network that people can trust, with less partisan coverage. "The uninformed vitriol, especially from the left, has been stunning," Licht told The Times. Licht told the newspaper that he knew coming into the position that it would not be an easy role. "I want CNN to be essential to society," Licht told The Times.

☆ Did That Hit Arrive in 2022 or 1987? This Year, It Was Hard to Tell.
▼ + stars: | 2022-12-14 | by ( Jon Caramanica | ) www.nytimes.com time to read: +12 min

Turns out it’s the same sample, a sleight of ear designed to trigger warm nostalgia, and also maybe a little confusion. Even its video is optimized for recognition, with Santana doing the same stomp Beyoncé does in hers, in an almost identical outfit. Throughout 2022, that gambit has been deployed again and again — by pop singers and rappers, established stars and newbies. Here, old songs — hip-hop classics, pop novelties and more — are scrunched and stretched sometimes to the point of absurdity. These songs are concessions that say the quiet part out loud — everyone has always been borrowing voraciously, from everyone else, constantly.

☆ United places order for 200 Boeing planes, giving two troubled jets a vote of confidence
▼ + stars: | 2022-12-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent problems: the 737 Max and the 787 Dreamliner. United generally picks Boeing over AirbusThe order, while an important lift for Boeing, isn’t a total surprise. While United has some orders with Airbus (EADSF), nearly 80% of its existing fleet is composed of Boeing jets. The 100 737 Max jets United is buying includes 44 planes for which it already had an option to purchase, and 56 new orders. In June 2021, it announced the purchase of 200 of the 737 Max jets, along with 70 competing planes from Airbus, in the largest aircraft order that United has ever placed.

☆ Why Mark Zandi says the US economy will narrowly avoid a recession
▼ + stars: | 2022-12-01 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

That’s why Moody’s Analytics chief economist is increasingly confident that the American economy will — narrowly — escape a recession. None of the financial market indicators suggest we have a recession dead ahead,” Zandi said. Zandi said he wouldn’t argue with those who forecast a recession, conceding it’s going to be a “close” call. S&P reiterated it expects the US economy to fall into recession next year, though it expects a “mild” recession in line with the 1969-1970 downturn. “I bet if we weren’t worried about a recession, the president wouldn’t have been so quick to go to Congress,” Zandi said.

☆ Spotify Wrapped 2022: Bad Bunny is the most popular artist worldwide
▼ + stars: | 2022-11-30 | by ( Scottie Andrew | ) edition.cnn.com time to read: +2 min

CNN —Maybe the year of the rabbit came early – Bad Bunny was Spotify’s most-streamed artist worldwide in 2022, his third year in a row. The Puerto Rican superstar once again dominated Spotify Wrapped, the streaming service’s yearly roundup of the artists and songs its users spent the year listening to. Bad Bunny was already a star, but this year proved to be a blockbuster for the “Moscow Mule” singer. His smash-hit album “Un Verano Sin Ti,” which has since been nominated for album of the year at the upcoming Grammys, was also Spotify’s most-streamed album worldwide this year. Harry Styles, pictured performing during the 2022 Coachella festival, is featured on this year's Spotify Wrapped.

☆ Bank of America CEO predicts two years of pain ahead in the housing market
▼ + stars: | 2022-11-29 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

New York CNN Business —The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But Moynihan told Harlow that the worst-case fears for the economy may not materialize — thanks to the continued resilience of American shoppers. Still, Moynihan is concerned that there could be more tough times ahead for the housing market. And the way you do that is raising interest rates,” Moynihan said. “The intended outcome of [the Fed’s] policies doesn’t feel good when you are trying to buy a home.”Moynihan told Harlow that there could be two years of pain in the housing market before activity returns to normal.

☆ American Music Awards 2022: See the winners list
▼ + stars: | 2022-11-20 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

CNN —The 50th American Music Awards are taking place on Sunday night at the Microsoft Theater in Los Angeles. Elton John, first nominated for an AMA in 1974, is now regarded as the longest-recognized artist in the awards show’s history. Taylor Swift led the pack with three AMA wins ahead of broadcast, including best female country artist. Below is a list of nominees for this year’s American Music Awards. The list will be updated with winners in bold throughout the broadcast, along with the winners from non-televised categories.

Dave Chappelle, hosting NBC's "Saturday Night Live" for the third time, kicked off the show with a roughly 15-minute monologue that tackled hip-hop artist Ye's antisemitic comments, the midterm elections and former President Donald Trump's political appeal. Chappelle mocked Ye as well as Brooklyn Nets star Kyrie Irving, who posted a link to an antisemitic movie on Twitter. "I've been to Hollywood, and this is just what I saw: It's a lot of Jews, like a lot," Chappelle said to laughter. In recent years, Chappelle has attracted intense scrutiny for his public comments about transgender people, particularly after Netflix released his most recent stand-up special, "The Closer." Four days later, Chappelle was physically attacked onstage at the Hollywood Bowl, charged and tackled by a man carrying a replica gun.

☆ CNN CEO Chris Licht is facing an increasingly angry newsroom as more layoffs loom, plans are murky, and staff have lost confidence after 'horrible programming decisions'
▼ + stars: | 2022-11-04 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

CNN CEO Chris Licht has been faulted by the newsroom for too many changes and not enough communication. Chris Licht needs a hit. "People are starting to believe there is no plan," said one executive familiar with the workings of CNN. "Is Chris Licht going to be there for them and push back on government officials? Many on the ad sales team that was formerly dedicated to CNN have either been pink-slipped or joined the broader ad sales group under WBD ad honcho Jon Steinlauf.

☆ Read the 9-page pitch deck that music-marketing startup Unlimited Playlist used to raise $2 million
▼ + stars: | 2022-11-04 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

New startup Ultimate Playlist offers daily cash prizes to users who listen to and rate new songs. Ultimate Playlist, which launches on Monday, is a way for artists to know that they will reach listeners. "One key component of Ultimate Playlist is that it isn't anchored by superstars." "As a songwriter, I like the idea of a listener listening to more than 15 seconds of a song," Smith said. Here's the nine-page pitch deck that the Ultimate Playlist used to raise its first funds.

Seoul, South Korea CNN —The South Korean military said Wednesday North Korea launched the highest number of short-range missiles in a day as Seoul retaliated to Pyongyang’s latest barrage of weapons tests, further escalating tensions in the region. JCS said the South Korean Air Force targeted international waters north of the NLL at an equal distance to that which the North Korean missile had earlier landed south of the line. North Korea is “fully responsible” for the situation as they are the ones continuing to provoke despite warnings, JCS added. South Korea responded to North Korea's barrage of missiles on Wednesday by firing three air-to-surface missiles from F-15K and KF-16 fighter jets. Correction: This story has been updated to clarify that this is not the first time North and South Korea have fired missiles off their respective coasts, and to reflect that North Korea fired a number of missiles of various types and the distance in kilometers from the NLL.

☆ I got Web3 VIP access to see Jack Harlow in concert through an NFT club called Dancing Seahorse. But the experience felt very Web2 — and that's exactly what the company's CEO wants.
▼ + stars: | 2022-10-14 | by ( April Joyner | ) www.businessinsider.com time to read: +6 min

The VIP suite hosted by Dancing Seahorse offered a good but not spectacular view of the stage. Until five months ago, when he cofounded Dancing Seahorse, Nahai wasn't really into crypto or Web3, he told me. Dancing Seahorse's suite drew a crypto-curious crowd. From left: Melanie McClain; Phillip Hale-Christofi, Dancing Seahorse's head of events and experiences; and Ladidai. It was perhaps no coincidence, then, that Dancing Seahorse's suite drew a pretty crypto-curious crowd.

☆ Brandy says she’s ‘following doctors’ orders’ amid report of a health scare
▼ + stars: | 2022-10-13 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +2 min

Brandy is speaking out after reports that she suffered a health scare. On Oct. 12, TMZ, citing anonymous law enforcement sources, reported that the 43-year-old musician had been taken to a Los Angeles hospital after emergency medical services responded to a call at her home. A few hours after the news broke, Brandy posted an update about her health on her Instagram story. “To my beloved fam, friends, and starz thank you for sending love and light my way,” the statement said. Earlier this year, Brandy channeled the late legendary singer during the NFC championship game between the Los Angeles Rams and the San Francisco 49ers.

☆ Bad Bunny dominates American Music Award nominations
▼ + stars: | 2022-10-13 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

Bad Bunny performs during his World's Hottest Tour at SoFi Stadium in Inglewood, California, U.S., September 30, 2022. Bad Bunny received a total of eight AMA nominations and will compete for artist of the year against British singers Adele and Harry Styles and Canadian musician The Weeknd. Bad Bunny's other nods included favorite male pop artist, favorite music video and favorite touring artist. If Bad Bunny wins all eight awards he is eligible for, he would tie 1980s superstars Michael Jackson and Whitney Houston for the most AMA wins in a single year. In country music categories, Chris Stapleton, Luke Combs and Morgan Wallen are among the nominees for favorite male country artist.

☆ American Music Awards 2022: See the full list of nominees
▼ + stars: | 2022-10-13 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +3 min

The Puerto Rican performer is the most-nominated artists for the 2022 American Music Awards, earning eight nominations, among them his first-ever for artist of the year. Beyoncé, Drake and Taylor Swift each earned six nominations, while Adele, Harry Styles and The Weeknd came in with five a piece. And elsewhere, Elton John made history for what the show called being “the longest-recognized artists” in the show’s history. The show also boasted about the addition of a new category dedicated to the K-Pop genre, favorite K-Pop artist. The American Music Awards will air Sunday, November 20 at 8 p.m.

☆ Factbox: Key nominees for the 2022 American Music Awards
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

LOS ANGELES, Oct 13 (Reuters) - Nominations were announced on Thursday for the 2022 American Music Awards. Fan votes will determine the winners, and the awards will be presented at a televised ceremony in Los Angeles on Nov. 20. Following is a list of key nominations:ARTIST OF THE YEARAdeleRegister now for FREE unlimited access to Reuters.com RegisterBad BunnyBeyonceDrakeHarry StylesTaylor SwiftThe WeekndNEW ARTIST OF THE YEARDove CameronGAYLELattoManeskinSteve LacyCOLLABORATION OF THE YEARCarolina Gaitan, Mauro Castillo, Adassa, Rhenzy Feliz, Diane Guerrero, Stephanie Beatriz & Encanto Cast -- "We Don’tTalk About Bruno"Elton John & Dua Lipa -- "Cold Heart"Future featuring Drake & Tems -- "Wait for U"Lil Nas X ft. Jack Harlow -- "Industry Baby"The Kid LAROI & Justin Bieber -- "Stay"FAVORITE TOURING ARTISTBad BunnyColdplayEd SheeranElton JohnThe Rolling StonesFAVORITE MUSIC VIDEOAdele -- "Easy On Me”Bad Bunny featuring Chencho Corleone -- "Me Porto Bonito"Harry Styles -- "As It Was"Lil Nas X featuring Jack Harlow -- "INDUSTRY BABY"Taylor Swift -- "All Too Well (Taylor’s Version)"FAVORITE MALE POP ARTISTBad BunnyDrakeEd SheeranHarry StylesThe WeekndFAVORITE FEMALE POP ARTISTAdeleBeyonceDoja CatLizzoTaylor SwiftFAVORITE POP DUO OR GROUPBTSColdplayImagine DragonsManeskinOneRepublicFAVORITE POP SONGAdele -- "Easy On Me"Carolina Gaitan, Mauro Castillo, Adassa, Rhenzy Feliz, Diane Guerrero, Stephanie Beatriz & Encanto Cast -- "We Don’tTalk About Bruno"Harry Styles -- "As It Was"Lizzo -- "About Damn Time"The Kid LAROI & Justin Bieber -- "STAY"FAVORITE MALE COUNTRY ARTISTChris StapletonCody JohnsonLuke CombsMorgan WallenWalker HayesFAVORITE FEMALE COUNTRY ARTISTCarrie UnderwoodLainey WilsonMaren MorrisMiranda LambertTaylor SwiftFAVORITE COUNTRY DUO OR GROUPDan + ShayLady AOld DominionParmaleeZac Brown BandFAVORITE MALE HIP-HOP ARTISTDrakeFutureKendrick LamarLil BabyLil DurkFAVORITE FEMALE HIP-HOP ARTISTCardi BGloRillaLattoMegan Thee StallionNicki MinajFAVORITE ROCK ARTISTImagine DragonsMachine Gun KellyManeskinRed Hot Chili PeppersThe LumineersFAVORITE K-POP ARTISTBLACKPINKBTSSeventeenTomorrow X TogetherTwiceRegister now for FREE unlimited access to Reuters.com RegisterReporting by Lisa Richwine; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

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☆ Forget a soft landing. The market’s best hope is a ‘growth’ recession
▼ + stars: | 2022-09-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

It wants to achieve a soft landing — that Goldilocks ideal of cooling the economy enough to bring down prices but not enough to cause a recession. The new aim appears to be for a so-called growth recession: A prolonged period of meager growth and rising unemployment. The pain is sharper and lasts longer than that of a soft landing, but a “growth” recession doesn’t pull the entire economy into contraction the way a proper recession would. It looks like a recession, and feels like a recession, but it isn’t a recession — at least not officially. A growth recession is still painful.

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