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

Here are the headlines you Need2Know for Thursday, October 14, 2021:

SUPPLY CHAIN CRUNCH

The Biden administration has announced a series of measures intended to help ease the supply-chain bottlenecks that are clogging the ports and threatening to severely disrupt the holiday shopping season. The Port of Los Angeles will now operate around the clock to break the logjam of container ships lined up off the coast. Walmart, FedEx and UPS will also go 24/7. The White House said earlier this week that Americans should expect to see higher prices and empty shelves during the holidays. CHEDDAR

COST OF LIVING

Consumer prices rose more than expected last month, as inflation remained at its highest rate in more than a decade. The Labor Department’s consumer price index rose 5.4% in September from a year earlier, showing that pretty much everything -- from cars to appliances to food --  is more expensive as the economy grinds back into gear, and those high prices are lingering. So much so that the Social Security recipients will get a 5.9% cost-of-living adjustment next year -- the largest increase in 40 years. But rising prices will essentially offset that boost. USA TODAY

BOOSTER SHOTS

The FDA’s advisory panel kicks off a two-day meeting today to determine what to do about booster shots for Moderna and Johnson & Johnson vaccine recipients. The panel of outside experts will vote today on whether to authorize a Moderna booster, then tomorrow they will take up the J&J shot. A highly anticipated study from the NIH released ahead of the meeting suggests that J&J recipients are actually better off getting a booster of either Pfizer or Moderna rather than a second shot of J&J. NPR

NORWAY TERROR

A man armed with a bow and arrow killed five people in a small town in Norway before he was arrested by police. The seemingly random attack happened in Kongsberg, outside Oslo. Police say the suspect is a convert to Islam whom they had been in contact with over concerns that he had become radicalized. It was the worst mass casualty incident in Norway since the 2011 massacre carried out by the extremist Anders Breivik. CNN

TRUMP TELLS VOTERS TO SIT OUT

Former President Trump is urging Republicans to sit out the next two elections if the GOP doesn’t “solve the Presidential Election Fraud of 2020,” calling it the party’s single biggest priority. Trump also called into a rally last night in support of the Republican running for governor of Virginia, claiming that he won the last election. That event kicked off with supporters pledging allegiance to a flag that was at the Jan. 6 riot at the Capitol. WASH POST

AIRPODS AS HEALTH DEVICE

Apple is said to be working on turning its AirPods into a full-fledged health device that can monitor posture, read body temperature and even act as a hearing aid. The proposed version is reportedly still at least a year out if it comes at all, but the plans show that Apple sees its health and wellness business as extending beyond the Apple Watch. The company is hosting an event next week that is expected to feature a new MacBook Pro, and there are rumors it could include an AirPods update, too. WSJ

COURIC ON THE RECORD

Katie Couric writes in her new memoir that she edited out disparaging comments made by Justice Ruth Bader Ginsburg in a 2016 interview about those who kneel during the National Anthem. Couric says she wanted to protect RBG from a backlash after the late justice said that those who kneel showed “contempt for a government that made a decent life possible.” Couric’s tell-all is already making waves for comments she makes about fellow women in the news business. Going There hits shelves on Oct. 26. DAILY MAIL

HOLLYWOOD STRIKE WATCH

Movie and TV production nationwide will effectively shut down on Monday unless a deal between the studios and the production workers union. IATSE said its 60,000 union workers will walk off the job at midnight on Oct. 18 if a new collective bargaining agreement isn’t agreed upon by then. The union says the boom in streaming is making for exhausting schedules and that profits aren’t extending to those behind the scenes. VARIETY

SPOTTED...

…Adele, announcing the release date of her forthcoming album, 30. The singer’s first album in six years will be out on Nov. 19. The first single drops tonight: SEE COVER ART

...Tim McGraw, jumping off stage during a concert in Reno and confronting the audience after he forgot the words to one of his songs: WATCH


...the latest terrifying robot dog, this one with a sniper rifle mounted to its back: SEE IT

LEFTOVERS: TO BOLDLY GO...

It wasn’t quite the Starship Enterprise, but William Shatner got his chance to touch space, and became the oldest person to do it in the process. The 90-year-old Star Trek alum and three fellow travelers traveled 67 miles above the Earth, felt a few minutes of weightlessness, and successfully came back down aboard a Blue Origin automated capsule. Jeff Bezos was there to greet the crew upon their return, with an excited Shatner telling him it was “the most profound experience”: SEE THE VIEW

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Google and T-Pain Promote Black Owned Friday in Shoppable Film for the Holidays
Rapper and singer T-Pain is teaming up with Google this holiday season to encourage shoppers to support Black-owned businesses on Black Friday. Stephanie Horton, the director of marketing for Google Shopping, joined Cheddar to provide some details about T-Pain's new song, featuring Normani, in a new shoppable interactive film for the promotion. She also explained how Google worked with local artists in various states to create shoppable murals, where products seen in the artwork are discoverable online by simply pointing your camera at it.
Card Trading Platform Alt Raises $75 Million With Plans to Expand into NFTs
Alternative asset, sports cards-focused platform Alt recently raised $75 million in a Series B round. Alt's platform lets users research, trade, and securely store sports cards and other high-value assets. Right now, the company has more than $70 million worth of cards in its vault. The company is also hoping to get into other assets, including NFTs. Alt CEO Leore Avidar joins Cheddar News' Closing Bell to discuss.
Roku to Compete on Original Content, Announcing Plans for 50-Plus Shows
Streaming platform Roku announced plans to develop more than 50 original shows in a bid to become a destination for free content amid growing competition in the space. Shelly Kramer, co-founder and lead analyst at Futurum Research, spoke to Cheddar about the new offering "The transition here from hardware to adding a software component by way of original content, I think is smart," she said. "And it's all about the Benjamins." Kramer also noted that she doesn't necessarily think Roku is entering the content game too late.
Religion of Sports CEO on 'Man in the Arena: Tom Brady' Doc and Why Sports Matter
Ameeth Sankaran, CEO of the emmy-winning media company Religion of Sports, joined Cheddar to talk about the "Man in the Arena: Tom Brady" docuseries that premiered on ESPN+ earlier this week. Sankaran noted Brady and former NFL star Michael Strahan as co-founders and discussed the origin of the company and its goal to tell stories about sports figures beyond their roles on the court or field.
HBO's Origin Story 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers'
The behind-the-scenes story of HBO's history is chronicled in the new book 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers.' The book tells the true story of how HBO came to dominate the television industry as we know it. The man behind the book has interviewed over 700 key sources to uncover a bottomless trove of secrets, surprises, and never before heard stories. James Andrew Miller joins Cheddar News to share more.
'I AM KOBE From Diversion Podcasts' Features Never-Before-Heard Bryant Tapes
In an all-new podcast, one sports journalist takes listeners through never-before-heard tapes of a teenage Kobe Bryant as he explores his thoughts, his dreams, his goals at the start of his path to becoming an NBA icon. Journalist at the Philadelphia Inquirer and host of the podcast, "I Am Kobe" from Diversion Podcasts Mike Sielski, joined Cheddar to discuss more.
The Future of Blockchain, Bitcoin, and Crypto
As the world of trading in cryptocurrency gets more popular experts say competition in the space could get bigger within the next year. CEO of Onramp Invest Tyrone Ross, joined Cheddar to discuss more.
Travel Chaos Looms For Upcoming Thanksgiving Holiiday
As the upcoming Thanksgiving holiday approaches, several airports around the country can expect to see an increased amount of travel. As a result, experts say there could be some expected chaos as travelers try to get to their destination. Host of the Travel Genius podcast Mark Ellwood, joined Cheddar to discuss more.
Load More