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Revlon files for bankruptcy

By Jordan Valinsky, CNN Business Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling debt and mounting celebrity competition. The nail polish and lipstick maker said the move will allow it to “strategically reorganize” its finances, pointing to “liquidity constraints” sparked by supply chain disruptions and inflation. Revlon is

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5 things to know for June 16: Interest rates, Covid, January 6, Buffalo, Baby formula

By Alexandra Meeks, CNN Major retailers are facing a backlash for selling themed products in an attempt to monetize Juneteenth, the upcoming federal holiday commemorating the end of slavery in the US. Inclusion experts say “tone deaf” marketing campaigns — including Walmart’s Juneteenth ice cream and Dollar Tree’s Pan African-themed plates and napkins — promote

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Captured American fighters purportedly held by Russian-backed separatists in Donetsk

By Jonny Hallam and Helen Regan, CNN Two American volunteers fighting for Ukraine were taken into detention by Russian-backed separatists in Donetsk after being captured last week, according to Russian state media. US citizens Alexander John-Robert Drueke, 39, from Tuscaloosa, Alabama, and Andy Tai Ngoc Huynh, 27, from Hartselle, Alabama, were interviewed by Russia’s RT

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Parts of Yellowstone may reopen to tourists on Monday, but flooding has been a disaster for neighboring towns

By Elizabeth Wolfe, Jason Hanna and Claudia Dominguez, CNN Yellowstone National Park could partially reopen as early as Monday as officials continue to assess the damage caused by historic flooding, which now threatens to hamper the peak of the summer tourist season. Heavy rains and rapid snowmelt caused rivers to swallow bridges, sweep away entire

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January 6 hearing will show Trump pressure campaign on Pence ‘directly contributed’ to Capitol attack, committee says

By Jeremy Herb, Zachary Cohen, Annie Grayer and Ryan Nobles, CNN The House January 6 committee will use its third June hearing to make the case that then-President Donald Trump’s pressure campaign on his vice president to overturn the 2020 presidential election “directly contributed” to the January 6, 2021, attack on the US Capitol, which

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Latvian foreign minister says European leaders should not fear provoking Putin and must not push Ukraine to make concessions

By Jennifer Hansler, CNN Latvian Foreign Minister Edgars Rinkēvičs on Wednesday said European leaders must not be deterred by a fear of provoking Russian President Vladimir Putin and the international community must not pressure Ukraine into making concessions to end the war. In an exclusive interview with CNN in Washington, DC, Rinkēvičs also outlined Latvia’s

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