These are the headlines you Need 2 Know. * **Capital One Hack:** A woman has been charged in connection with a massive Capital One data breach. The alleged hacker, Paige Thompson, gained access to more than 100 million credit card applications and accounts over a 14-year period. Thompson worked for Amazon Web Services, which hosted the Capital One database that was breached. The breach includes 140,000 Social Security numbers and 80,000 bank account numbers. [NPR](https://www.npr.org/2019/07/30/746475401/woman-charged-as-hacker-of-capital-one-data-that-exposes-over-100-million-custom). * **Brazil Prison Murders:** At least 57 prisoners were killed by fellow inmates at a prison in northern Brazil. Sixteen of those killed were decapitated. Authorities say members of an organized crime group set fire to a part of the prison housing another organized crime group. Police couldn’t enter the prison for hours as a result of the fire, which spread quickly. [AP News](https://www.apnews.com/e7ae37c2223b4a2a8e81c93a58e0ca2e). * **Calif. Food Festival Shooting:** Police say the 19-year-old gunman who opened fire at the Gilroy Garlic Festival bought his "AK-47-type" weapon legally in Nevada. Among the three victims killed were two kids: 6-year-old Stephen Luciano Romero and 13-year-old Keyla Salazar. Twenty-five-year-old Trevor Irby is the third victim. The motive is still unknown. [CBS News](https://www.cbsnews.com/live-news/garlic-festival-mass-shooting-gilroy-california-victims-suspect-santino-william-legan-live-updates/). * **Democratic Debates: Round Two:** Tonight is the first night in the second round of Democratic debates. Taking the stage tonight in Detroit: Pete Buttigieg, Bernie Sanders, Elizabeth Warren and Beto O’Rourke. The debate starts at 8pm ET on CNN. Here’s everything you Need2Know: [Read it](https://www.politico.com/story/2019/07/30/democratic-debate-2019-detroit-time-date-candidates-details-1439241). * **9/11 Bill:** President Trump has signed legislation that effectively gives permanent funding to sick 9/11 responders. The president was joined by first responders and their families for the signing in the Rose Garden. The bill, called “Never Forget The Heroes,” is named in honor of first responders James Zadroga, Ray Pfeifer and Luis Alvarez. [ABC News](https://abcnews.go.com/Politics/trump-signs-911-victim-compensation-fund-bill-responders/story?id=64630468). * **India’s Tigers:** India’s Bengal tiger population has grown to almost 3,000, a 33 percent increase since 2014. Prime Minister Narendra Modi called the tiger count a “historic achievement” for India, where the national animal is endangered. Some caution India’s conservationist training is “abysmal.” [CNN](https://www.cnn.com/travel/article/india-tigers-modi-scli-intl/index.html). * **Uber Layoffs:** Uber has laid off one third of its global marketing team, giving about 400 people the pink slip. The company, which went public in May, lost about $1 billion in the first three months of the year. The ride-hailing company faces questions about its profitability. [NY Times](https://www.nytimes.com/2019/07/29/technology/uber-job-cuts.html). * **’Old Town Road’ Still on Top:** Lil Nas X’s Old Town Road has spent 17 weeks at the top, breaking the Billboard Hot 100’s record as longest-running No. 1 single. The 20-year-old singer dethroned One Sweet Day and Despacito, which both held the top spot for 16 weeks. In the last week, the song had 72.5 million streams in the U.S. [Billboard](https://www.billboard.com/articles/columns/chart-beat/8524235/lil-nas-x-old-town-road-longest-number-one-hot-100). * **Lori Loughlin’s Daughters:** The daughters of Lori Loughlin and Mossimo Giannulli have broken their social media silence by posting happy birthday messages to Loughlin on Instagram. Olivia Jade and Bella had been mum on their pages since their parents were charged in connection with the college admissions scandal. [See posts](https://abcnews.go.com/GMA/Culture/lori-loughlins-daughters-break-social-media-silence-varsity/story?id=64636596&cid=clicksource_4380645_null_card_hed). * **Copycat:** A jury in California has found Katy Perry guilty of copyright infringement. The suit against Perry was brought by Marcus Gray, a Christian rapper, who claims Perry’s Dark Horse was similar to his song, Joyful Noise. [Hollywood Reporter](https://www.hollywoodreporter.com/thr-esq/katy-perrys-dark-horse-copied-christian-rap-song-jury-finds-1227297). * **Food Sharing:** You may be closer to your delivery driver than you think. A new study by US Foods shows 28 percent of delivery drivers have taken food from an order. More than half of delivery drivers said they are tempted by the smell of the food they’re delivering. [Read the report](https://www.usfoods.com/our-services/business-trends/2019-food-delivery-statistics.html). Cheddar's Hena Doba and Jill Wagner get into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com) and listen to our morning podcast wherever you get your podcasts.

Share:
More In Business
Stoke Space Technologies Raises $65 Million to Develop Reusable Rockets
Reusable rocket developer Stoke Space Technologies raised $65 million in a Series A round led by Breakthrough Energy Ventures, a firm founded by Bill Gates. Stoke says its reusable rockets provide the satellite industry with low-cost, on-demand access to and from orbit. As companies like SpacX and Blue Origin are also making commitments to rocket reusability, Stoke says it is taking a different approach with a system designed to be 100% reusable, comprised of rockets designed to fly daily, like an airplane. Stoke co-founder and CEO Andy Lapsa joins Cheddar News' Closing Bell to discuss.
NASA's Artemis Program to Return Mankind to the Moon, Pave Way for Exploration of Mars
Humans are set to return to a place we have not been in nearly 50 years: the moon. NASA's Artemis program is expected to have astronauts back on the lunar surface by 2025. NASA says it will use what it learns on the moon to take the next giant leap - sending the first astronauts to Mars. The Artemis program also includes contributions from private companies like SpaceX, as well as academic research institutions like Georgia Tech. Georgia Tech professor of practice and former NASA astronaut Sandra Magnus joins Future of Space: Humankind's Leap Forward to discuss.
Markets Under Pressure as COVID-19 Omicron Variant Fears Increase
Stocks were under pressure Monday amid investor skittishness over the COVID-19 omicron variant, as cases rise in metropolitan areas like New York, shutting down businesses and seasonal events. This comes after last week's Federal Reserve announcement when Chairman Jerome Powell said the central bank would begin speeding up its asset tapering timeline while planning to institute three interest rate hikes next year. Is that decision still in line with what could happen if omicron becomes a major concern? Phil Levy, Chief Economist at Flexport, joins Cheddar News' Closing Bell to discuss.
'Perfect Storm' for Mergers and Acquisitions Activity in 2021
Dealmaking surged in 2021 as mergers and acquisitions activity topped $5 trillion. Paul Aversano, managing director and global practice Leader of Alvarez & Marsal's Global Transaction Advisory Group, joined Cheddar to look at how market factors came together to drive the flurry of transactions. "I like to say it's almost a perfect storm for M&A activity," he said. Aversano pointed to a backlog of activity following the slowdown in 2020, "dry powder" unallocated capital in private equity firms, and federal stimulus as some of the reasons behind the burst of changes.
Load More