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 The documents reveal two unpublished grant proposals from an American health organization funded by the NIH that was doing research into bat coronaviruses in Wuhan.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
Cheddar Bets: Tackling All Angles Before the Big Game
Cheddar's Big Game Special gives you all the info you need heading into Sunday's event. Pro Football Hall of Famer Terrell Davis, Big Game MVP Hines Ward, and Big Game Champion Emmanuel Sanders dissect the action set to take place on the field, Olivia Harlan Dekker delivers her winning wagers, Tom Morton breaks down what we should expect from advertisers, Azia Celestino showcases the atmosphere from Los Angeles, and Baker Machado discusses what viewers should expect to see unfold during the halftime show.
American Gaming Association Sees Safer Super Bowl Betting With More Legalization
As the Cincinnati Bengals and Los Angeles Rams prep to face each other in the Big Game at SoFi Stadium in LA, 55 percent of a record number of bettors are projected to drop money on the Rams. Casey Clark, the senior vice president of strategic communications for the American Gaming Association, joined Cheddar News to share some data and predictions based on the greater interest in gambling on Super Bowl LVI. "You know that means that people are migrating away from the predatory illegal market and corner bookie and moving their action into the legal marketplace," he said. "So really encouraging for consumer protections and for those of us who might want to have a little action on the game."
Self Care Suite Gets Support From Meta and Ciara for Black Women-Owned Businesses
Facebook parent Meta and Grammy Award-winning singer Ciara have joined forces to help black female-owned small businesses. Selected businesses will receive marketing mentorship from Meta along with $100,000 to put into their brand. One such business, The Self Care Suite, is a platform that supports mental health, and founder Tara Pringle Jefferson, along with Irene Walker, Meta Elevate founder and program manager, joined Cheddar News to discuss the program. "Having this opportunity with Meta, with Ciara, really will allow us to focus on our virtual programming, to focus on our e-commerce shop, and, as we kind of adjust, to the new normal in 2022," said Pringle Jefferson.
What's Behind Tesla's Latest Recalls? NHTSA Keeps Up Scrutiny
Tesla has been under mounting regulatory scrutiny by the NHTSA, and has issued numerous recalls, including four within the past two weeks. While the company has issued recalls over the years, the number seems to be increasing in recent months as the company issues fixes for seat belt chimes, pedestrian alerts, its self-driving software, and more. What's behind this uptick in recalls — and how might this impact brand loyalty? Al Root, Senior Writer at Barron's, joins Closing Bell to discuss.
Athletic Apparel Company Under Armour Beats on Q4 Earnings
Under Armour released a successful Q4 earnings report amid supply chain issues. The apparel company said it invested in analytics to decipher what drives consumers to its brand. However, the company warned of potential supply problems going forward due to COVID.
Panthers RB Christian McCaffrey on Hyperice Recovery Tech Partnership With NFL
Hyperice is a technology company that specializes in physical recovery for athletes, and it's now partnering with the NFL. Christian McCaffrey, Carolina Panthers running back and Hyperice athlete-investor, and Jim Huether, Hyperice CEO, joined Cheddar News to discuss the partnership. "It's definitely for both for performance and for recovery, as somebody who plays a brutal sport and have to go through some of the unfortunate realities of injury," McCaffery said of the products. "You're always fighting for that 0.1 percent difference between winning and losing and and the little things and every second matters."
Aurora Cannabis CEO on Earnings, Says Transformation Plan 'On Track'
Aurora Cannabis showed a beat on sales for its quarterly earnings report, a positive sign despite a loss of $59 million. CEO Miguel Martin, joined Cheddar Movers to discuss its latest earnings and prospects for future growth. "If you look at our core businesses, they've all had a great quarter, so steady as we go. Our transformation plan is absolutely on track and we feel really good about where the company's going," he said. "Our balance sheet has never been stronger." Martin also discussed entering the U.S. market and the prospects for the medical marijuana market.
Elon Musk Gives Starship Update for First Time in Three Years
Elon Musk announced that he expects Starship to reach orbit in 2022. The SpaceX CEO delivered updates about the largest space vehicle to be constructed from its Texas facility. Jim Cantrell, CEO and co-founder at Phantom Space, joined Cheddar News to talk about the future of Starship. "I've always done wrong by betting against Elon," he said. "The one thing that I find very curious is it launches 100 metric tons into space, and last year, in the entire year, we launched 750. So, you know, with about seven launches, he could launch every satellite on Earth."
Load More