Here are the headlines you Need2Know for Tuesday, September 8, 2021:

DEVELOPING: MEXICO QUAKE

A major earthquake struck near Acapulco, Mexico overnight, killing at least one person and causing damage to the resort city and its airport. The 7.0 quake was felt 230 miles away in Mexico City, where the power is currently out for 1.6 million people. A tsunami warning was triggered but has since been lifted. NBC NEWS

COVID ORIGINS

WUHAN LAB DOCS: Newly released documents related to U.S.-funded coronavirus research in China appear to contradict Dr. Fauci’s repeated assurances that the federal government did not fund “gain-of-function” research at the Wuhan lab that’s at the center of the investigation into the origins of Covid. The documents reveal two unpublished grant proposals from an American health organization funded by the NIH that was doing research into bat coronaviruses in Wuhan. One proposal directs $600K for research designed to make the bat viruses more infectious. Fauci has said, under oath, that the research did not qualify as “gain-of-function.” INTERCEPT

GAIN OF WHAT? Gain-of-function is a term used to describe techniques that enhance a pathogen at the genetic level, making it potentially more transmissible. It’s a controversial form of research that scientists do to help test theories and find treatments for new diseases. In the U.S., the National Institute of Allergy and Infectious Diseases, led by Fauci, oversees and funds all gain-of-function research. WASH POST

TALIBAN GOVERNMENT

The Taliban announced an interim government for Afghanistan that is made up of all men and includes at least one high-ranking member of an American-designated terrorist organization. That’s going to make it effectively impossible for the U.S. or other Western countries to formally recognize the Taliban and a sign that the group is not intending to follow through on its assurances that it would form an inclusive or “unity” government that represents the country. Taliban fighters also violently put down a women’s protest in Kabul for the second time in a week. CNN

MEXICO DECRIMINALIZES ABORTION

Mexico’s supreme court ruled unanimously that it was unconstitutional to criminalize abortion, setting the stage for the nationwide legalization of the procedure. Mexico becomes the most populous country in Latin America to decriminalize abortions, coming after a sustained Mexican women’s movement that helped turn public opinion in the world’s second-largest Catholic country. AXIOS

BITCOIN LEGAL TENDER

El Salvador has officially adopted Bitcoin as legal currency, the first country to do so and a landmark moment for the legitimization of cryptocurrencies. The rollout was rocky, with the government briefly shutting down its official Bitcoin app because of technical glitches. The price of the digital coin also fell more than 10%, from above $50,000 to below $43,000 as some of the major exchanges like Coinbase were also hit with tech issues. REUTERS

IPHONE 13 COMING

Apple’s fall iPhone event is on the books for next Tuesday, Sept. 14. The virtual event is being billed with the tagline “California Streaming.” The tech industry is widely in agreement that Apple will debut the iPhone 13 and a major update to the Apple Watch, as well as the release of iOS 15. New AirPods could be announced, too, though that’s less of a sure thing. 9TO5MAC

#FREEBRITNEY

Britney Spears’ father has filed to end the conservatorship that controls his daughter’s life. In a petition to the court, Jamie Spears’ legal team wrote that Britney "is entitled to have this court now seriously consider whether this conservatorship is no longer required." Britney herself has not formally filed to end the conservatorship but she did ask the judge to remove her father as the guardian of her estate. VARIETY

ALBUM BATTLE

It’s been a while since there has been a bonafide blockbuster new album -- maybe Taylor Swift’s Folklore last summer -- and then all of a sudden we got two in the last 10 days. Kanye West’s Donda became the rapper’s 10th album to hit No. 1 on the Billboard charts, with 23 songs in the top 100. Donda was also briefly Spotify’s second-most-streamed debut after Drake’s 2018 album Scorpion. That only lasted a week, before Drake broke his own record with Certified Lover Boy, which is now the most-streamed album in a single day in Spotify history. BILLBOARD

SPOTTED...

…the first glimpse of the upcoming Matrix sequel. A teaser website offers users a choice between clicking on the red pill or the blue pill and depending on what you click and the time of the day, you’re served up different footage: TRY IT

...John Mulaney, announcing on Late Night with Seth Meyers that his girlfriend, Olivia Munn, is pregnant: WATCH

...an astonishing view of the Earth from space, snapped by a French astronaut aboard the ISS: SEE IT

LEFTOVERS: THE BOY IN THE YELLOW RAINCOAT

With the 20th anniversary of 9/11 coming up on Saturday, there are moving new retrospectives being published every day looking back at the victims of that attack and where their families are now. Among those being profiled is Kevin Villa, the son of Yamel Merino-Jager, a paramedic who was killed in the World Trade Center that day. Villa became well known in the days following the attack when he was photographed crying over his mother’s casket. He was known as the “boy in the yellow raincoat.” Two decades later, Villa is now older than his mom was when she died. READ HIS STORY

Share:
More In Business
Stephanie Shojaee on Paving the Way for Women in Real Estate
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
Hot summer could lead to rolling blackouts
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
Pinterest Acquires A.I.-Powered Platform THE YES as Part of Online Shopping Push
Pinterest is making a big move as it pushes further into online shopping. The image-focused social media site is acquiring A.I.-powered shopping platform THE YES as it focuses on enhancing the user shopping experience. THE YES's technology gives users a personalized feed of products based on their preferences, and Pinterest is banking on the tech to give it an advantage among other social media apps with built-in shopping features. Julie Bornstein, founder and CEO of THE YES, joins Closing Bell to discuss the company's unique technology, why it agreed to sell to Pinterest, her vision as she takes over shopping initiatives, and more.
U.S. Stocks Closed at Session Highs Tuesday
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
Gymnasts Seek $1 Billion From FBI Over Larry Nassar Case
The victims from the USA gymnastics sexual abuse scandal continue to seek justice. Survivors of Larry Nassar are seeking more than one-billion dollars from the FBI for failing to stop the convicted sports doctor when the agency first received allegations. According to a report released by the Justice Department's Inspector General, FBI agents knew in July of 2015 that Nassar was accused of abusing gymnasts; however, Nassar wasn't arrested until December of 2016. The group that filed the claim includes Olympic medalist Simone Biles and around 90 other women. Louise Radnofsky, sports reporter at The Wall Street Journal, joins Cheddar News' Closing Bell to discuss.
Saudi-Backed LIV Golf Tour Begins With Dustin Johnson & Phil Mickelson, Without Tiger Woods
A controversial professional golf tour backed by Saudi Arabia tees off on Thursday. Today, two-time Major winner Dustin Johnson announced he's resigned from the PGA Tour ahead of headlining the Saudi-backed tour, called the LIV Golf Invitation Series. The announcement comes as the PGA tour has threatened disciplinary action for its golfers who take part in the Saudi golf league event, which will also feature notable golf stars like Phil Mickelson and Sergio Garcia; however, LIV Golf's CEO, Greg Norman, told The Washington Post that Tiger Woods rejected a contract worth 'high nine digits' to play in the tour. Chris Bumbaca, reporter for USA Today Sports, joins Cheddar News' Closing Bell to discuss.
Load More