Business

ViacomCBS continues to shed non-core assets, announcing Tuesday a definitive agreement to divest its iconic CBS Studio Center and associated businesses to the partnership of Hackman Capital Partners and Square Mile Capital Management for $1.85 billion. The deal, which was anticipated, was the result of a widely marketed sale process, which the company said attracted
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The Soul Train Awards hosted its annual celebration in the historic Apollo Theater in New York on Sunday night. Presented by BET, the pre-taped award show featured performances by prominent stars in R&B and gospel. Hosted by Tichina Arnold and Tisha Campbell, the award show aims to celebrate the best in African-American culture, music and
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The surprising death of Virgil Abloh, founder of fashion label Off-White and current menswear artistic director at Louis Vuitton, caught the world off-guard today. Abloh was 41. Louis Vuitton and Abloh’s personal Instagram account confirmed his passing. It was revealed the Chicago native had battled cardiac angiosarcoma, a rare and aggressive cancer, for at least
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The Los Angeles County Department of Public Health reported 22 new deaths from Covid-19, as well as 624 new positive cases. COVID-19 Daily Update:November 27, 2021New Cases: 624 (1,524,912 to date)New Deaths: 22 (27,121 to date)Current Hospitalizations: 556 pic.twitter.com/l3tO7Zu7qz — LA Public Health (@lapublichealth) November 28, 2021 The number of deaths and confirmed cases reported
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Britain is bringing in travel restrictions for six African countries due to a new COVID variant that UK experts have called the “worst one we’ve seen so far”. Health Secretary Sajid Javid tweeted: “UKHSA (UK Health Security Agency) is investigating a new variant. More data is needed but we’re taking precautions now. “Six African countries
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Alec Baldwin and Rust Productions LLC will be represented by attorney Aaron S. Dyer of Pillsbury Winthrop Shaw Pittman for civil suits stemming from the accidental shooting death of cinematographer Halyna Hutchins on the set of the Western Rust, Deadline has confirmed. Dyer, who once served as L.A.’s assistant district attorney, will also rep other producers
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Danish production company Creative Alliance, which is run by Lone Scherfig, Ole Christian Madsen and Malene Blenkov, has struck an exclusive agreement with Nordisk Film Production. Blenkov will head up the joint entity, Nordisk Film – Creative Alliance, which will act as a new division of Nordisk Film Production, alongside co-owners Scherfig and Madsen. Founded
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UPDATED with WHO news: The U.K. added six African countries to its travel quarantine list on Thursday after a new, potentially more-transmissible variant of Covid-19 was identified there. The BBC said the countries are South Africa, Namibia, Zimbabwe, Botswana, Lesotho and Eswatini. Twenty-two positive cases of the variant, which is being called B.1.1.529, have been
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Retailers are putting up prices at the fastest rate since 1990 according to industry figures that add to evidence of a cost of living squeeze this winter. A CBI survey also suggested that sales have been boosted by consumers starting their Christmas shopping early because of fears over supply disruption. Clothing and department stores saw
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