Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Monday, June 6, 2022:

UKRAINE CRISIS: KYIV HIT, PUTIN WARNS WEST

For the first time in more than a month, Kyiv was struck by a Russian airstrike, injuring at least one person as five missiles landed on Ukraine’s capital city. The attack served as a reminder that although Moscow is concentrating its operations to the eastern Donbas region, the entire nation of Ukraine remains at risk of Russian bombardment. Additionally, Russian President Vladimir Putin warned that his country would strike new targets if the U.S. supplied long-range missiles to Ukraine, which is perhaps a direct response to President Joe Biden’s statement last week that the U.S. would provide Ukraine with "more advanced rocket systems.” CNN

WAVE OF MASS SHOOTINGS CONTINUES

At least three people were killed and 11 injured after multiple people opened fire into a crowd on busy South Street in Philadelphia Saturday night. Meanwhile, Chattanooga, Tennessee, saw its second major shooting in as many weekends when three people were killed and 14 injured as a result of an overnight shooting near a nightclub. And in Phoenix, a shooting at a strip mall left a 14-year-old girl dead and eight others injured. The carnage comes less than two weeks after the Uvalde, Texas, massacre, compelling U.S. lawmakers to act. House Democrats hope to advance sweeping gun control legislation this week, though it's uncertain any measures will make it through a Republican-led Senate. AXIOS

TRAGEDIES STRIKE NIGERIA, BANGLADESH

At least 50 people were killed after gunmen attacked a Catholic church in the Nigerian state of Ondo. The assailants gunned down worshippers and detonated an explosive device at the St. Francis Xavier Catholic Church in the town of Owo, in an attack that comes just one week after 31 people were killed in a stampede following a church event in the Nigerian city of Port Harcourt. Meanwhile, in Bangladesh, the death toll is expected to rise from 49 following explosions and a large fire at a container depot. Bangladesh has a history of industrial disasters; in 2012, about 117 workers died in a garment factory fire in Dhaka, and the following year, a separate garment factory in Dhaka collapsed, killing more than 1,100 people. AP

BRITISH PM FACES VOTE OF CONFIDENCE

British Prime Minister Boris Johnson will face a vote of confidence tonight, triggered by at least 54 discontented lawmakers in his own Conservative Party. If he loses, Johnson must stand down as prime minister, but a majority of at least 180 Conservative MPs will have to vote against him. The vote follows anger over a report detailing the prime minister’s participation in “Partygate” lockdown rule-breaking in Downing Street.  BBC

US, SOUTH KOREA MATCH NORTH’S MISSILES

The U.S. and South Korean militaries launched eight ballistic missiles into the sea in a show of force matching a North Korean missile display a day earlier. The allies’ live-fire exercise involved Army Tactical Missile System missiles — one American and seven South Korean. North Korea had fired eight short-range missiles in 35 minutes from at least four different locations, including near the capital, Pyongyang, in an apparent single-day record for the country’s ballistic launches. AP

ABBOTT PLANT REOPENS

Abbott Nutrition announced that its Sturgis, Michigan, facility is resuming production of infant formula, marking another step in the effort to ease America’s baby formula shortage. The plant had been shut down in February due to contamination concerns after recalling several products linked to a bacterial disease contracted by babies who were fed the formula. Along with general supply chain backups, the shutdown is cited as a leading cause of the formula shortage. Out-of-stock rates had risen to about 74% at stores across the country by the end of May. Abbott estimates that its specialty EleCare line would be back on shelves beginning around June 20, with other formulas to follow. CNBC

MUSK MONDAY CATCHUP

In just one weekend, Tesla CEO Elon Musk found his name tied up with President Joe Biden, Bill Gates and Jeffrey Epstein. Musk told Tesla’s workforce that 10% of the company’s 100,000 employees would be laid off, citing a “super bad feeling” about the economy. Biden responded with a comment some are interpreting as a jab: “Lots of luck on his trip to the moon.” Musk later said Tesla’s workforce is actually set to grow rather than shrink. Separately, billionaire Bill Gates got caught up in the Musk-Twitter vortex when he said he gives more money to climate change efforts than Musk — to which Musk responded with a one-word tweet: “Sigh.” And Musk called out the Department of Justice for not releasing the names of the clients of accused sex offender and trafficker Jeffrey Epstein. INSIDER

APPLE DEVELOPERS CONFERENCE BEGINS

If you’re reading this on an Apple product, this week may come with announcements that will change the way your iPhone or Mac works. Apple is holding its annual Worldwide Developers Conference, where the tech giant is expected to showcase its latest operating system, iOS 16, which reportedly will include a revamped notification center, iPhone lock screen and new features for iMessage. Apple is also expected to unveil its latest Mac operating system rumored to be named Mac Mammoth, which would update apps such as Mail, Notes and Safari. And with virtual reality now a regular conversation at tech conferences, analysts will be on the lookout for insight into RealityOS, the operating system for Apple’s unreleased mixed reality headset. THE VERGE

Just make all text messages blue and we’ll be happy.

ARE ROBOTS THE ANSWER TO THE LABOR SHORTAGE?

Dave Evans, CEO of Fictiv, a digital manufacturing solutions company, says the answer is "unambiguously yes." Evans says the pandemic was the “oh crap” moment that triggered a renewed interest in robot replacements for labor, but other CEOs have pushed back against the idea that recent labor shortages are the primary reason for a rising interest in robots. Cheddar’s Alex Vuocolo spoke to multiple chief executives who say that robots offer an opportunity to create better jobs without removing the need for current ones. CHEDDAR

MARIAH CAREY SUED FOR CHRISTMAS HIT

Singer Mariah Carey is being sued over her enduring holiday smash hit “All I Want for Christmas Is You" by songwriter Andy Stone, who alleges he co-wrote a song with the same title five years earlier. Stone is seeking $20 million in damages for copyright infringement and misappropriation, among other claims. While Carey’s song was released in 1994, Stone claims his pop band Vince Vance & the Valiants released his version in 1989. Mariah Carey’s rendition has turned into a perennial Christmas classic, topping the Billboard Hot 100 chart every year since 2019. ROLLING STONE

All he wants for Christmas is $20 million.

SPORTS TALK

FRENCH OPEN: In the men’s draw of the French Open, the King of Clay reigned victorious once again. Rafael Nadal vanquished Casper Ruud to capture his 14th title at Roland Garros and his 22nd grand slam victory — both marking all-time records. The favorite for the women’s draw also prevailed; top-ranked Iga Swiatek cruised to her second straight French Open title in a victory over 18-year-old American Coco Gauff. Swiatek has cemented herself as the top women’s tennis player in the world, now having won 35 straight matches. SPORTS ILLUSTRATED

NBA/NHL PLAYOFFS: Late stages of hockey and basketball playoffs continued over the weekend. In the NHL conference finals, the Colorado Avalanche took a commanding 3-0 series lead over the Edmonton Oilers, while the defending Stanley Cup champion Tampa Bay Lightning snagged a victory over the New York Rangers to cut the series to a 2-1 Rangers lead. In hoops, Golden State’s overpowering third quarter led to a win against the Boston Celtics in Game 2 of the NBA Finals. Stephen Curry’s Warriors will now travel to Boston with the series tied 1-1. ESPN

YOU DON'T SEE THAT EVERY DAY

@cheddar: A woman has received a 3D-printed ear made from her own cells in what the company is calling a "groundbreaking reconstructive procedure." INSTAGRAM

Need2Know Podcast Note: The Need2Know podcast is taking a break for now. We're looking forward to bringing you more context and analysis on the big stories of the day in a few weeks. In the meantime, check out our archive on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Instagram Hits New User Growth Milestone
A new report from CNBC says Instagram recently reached a new milestone -- 2 billion monthly active users. It comes amid a year of controversy for the photo-sharing app and its parent company, Meta. SocialFlow CEO Jim Anderson joins Cheddar News' Closing Bell to discuss.
KPMG Finds 2021 M&A Activity Hit $5.1 Trillion — and 2022 Expects to Be Even Bigger
A report from KPMG International found that global mergers and acquisitions in 2021 reached $5.1 trillion in transactions. Carol Streicher, U.S. deal advisory and strategy service group leader for KPMG, joined Cheddar's "Closing Bell" to talk about the record-breaking year and next year's outlook, which KPMG says could be even more staggering. "We're not seeing any slow down in '22," she said, regarding survey results of 350 business leaders. "Things that were tailwinds for us in M&A activity this past year are going to continue to be tailwinds for us in 2022."
Rivian R1T Wins MotorTrend Truck of the Year Award for 2022
MotorTrend named the Rivian R1T as the 2022 truck of the year - a prestigious title given by the publication as a way for automakers to tout third-party validation. Rivian beat out traditional, legacy truck favorites like Ford and General Motors. MotorTrend said the company earned high marks for safety, efficiency, value, advanced design, engineering excellence, and performance of intended function. MotorTend head of editorial Ed Loh joins Cheddar News' Closing Bell to discuss.
New ETF Targets Big Names in Cannabis
There is a new way for investors to bet on cannabis - the AdvisorShares Poseidon Dynamic Cannabis ETF targets about 20 of the biggest names in U.S. cannabis. It comes at a time when it's still difficult for investors to access the space. Cheddar News cannabis reporter Chloe Aiello spoke with co-founder and managing director for Poseidon Investment Management, Emily Paxhia.
Danvas Announces $7 Million Seed Round to Launch Luxury Digital Art Canvas
Danvas is a new company that aims to bring NFTs and digital artwork into the real world through an interactive, museum-quality display. The company says its product is the first premium, luxury digital art canvas, which it hopes will accelerate the world's appreciation of digital artists and their work, and empower collectors to acquire more NFT art. Danvas also just announced its launch this week, with a $7 million seed round from some big-name backers. Danvas co-founder and CEO Jeanne Anderson joins Cheddar News' Closing Bell to discuss.
How to Achieve Empathy at Work
LaFawn Davis, SVP of ESG at Indeed, joins Cheddar Wellness to break down why empathy is so important in the workplace, how to improve empathetic skills at work, and what the future of empathy looks like in the workplace.
Actor Kel Mitchell Talks New Book 'Blessed Mode' and Possible 'Good Burger' Reboot
Actor, pastor, and now author Kel Mitchell joined Cheddar's 'Between Bells' to talk about his new book 'Blessed Mode: 90 Days to Level Up Your Faith' and what inspired him to write it. Mitchell said the book aims to help people boost their physical, mental, and spiritual wellbeing. Ordained as a pastor in 2019, he talked about his service in the church. He also talked about what it was like working with former castmates on Nickelodeon's 'All That' reboot.
Spatial Pivots Business to Become Metaverse for Cultural Events
VR/AR collaboration platform Spatial is diving head first into the Metaverse. The company is switching up its image--now branding itself as 'the metaverse for cultural events,' aiming to become the new virtual hub for NFT galleries, brand experiences, and large-scale conferences. Jacob Loewenstein, Head of Business, Spatial, joined Cheddar's Opening Bell to discuss the company's pivot.
e.l.f. Beauty Eliminates One Million Pounds Of Packaging Materials
e.l.f Beauty is celebrating a significant milestone in its sustainable journey. Since launching its Project Unicorn initiative in 2019, the company has eliminated more than one million pounds of packaging materials. Ashley Rosebrook, e.l.f. Beauty's chief creative officer, who spearheaded this effort and has continued to work to reduce the brand's carbon footprint, joined Cheddar to discuss this initiative and what the company aims to do next.
Load More