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
Vacasa Releases New Homeowner App
Vacasa is the largest full-service vacation rental property management company in the United States. Today, it announced the launch of a new homeowner app to help users monitor how the company is managing their vacation rental homes. It comes as consumer confidence in travel is on the rise ahead of the holiday season. Vacasa CEO Matt Roberts joined Cheddar News' Closing Bell to discuss.
'Oneof' Teams Up with The Recording Academy to Offer NFTs
Everyone is stepping into the NFT space, including the Grammys. 'Oneof' is entering a three-year partnership with The Recording Academy to release exclusive NFTs commemorating the 64th, 65th, and 66th Annual Grammy Awards. A portion of the proceeds will also go to The Recording Academy's scholarship fund. Adam Fell, co-founder and board member of Oneof and the president of Quincy Jones Productions, joins Cheddar News to discuss the announcement.
'THEMAGIC5' Lands Million Dollar Deal on ABC's 'Shark Tank'
'THEMAGIC5' produces swimming goggles that contour the face using advanced robot technologies and 3D printing. Both of the company's founders Bo Haaber and Rasmus Barfred went on ABC's 'Shark Tank' and caught a $1 million deal. The duo join Cheddar News to talk about what the new funding means for the company.
October Becomes Best for Bitcoin Price Action Since December 2020
Things are looking up for everyone's favorite crypto. Bitcoin rallied nearly 40% in October, hitting a record high of $66,975. That was the biggest single-month percentage rally since December 2020. On Monday morning, Bitcoin was trading 2.4% higher while Ethereum and Dogecoin were trading at 1.71% and 3.95%. Ben Armstrong, founder of BitBoy Crypto, joins Cheddar News to talk about the latest in the crypto space.
Virginia's Dead Heat Governor Race
Laura Vozzella, local reporter for The Washington Post, joins Cheddar News to discuss the close gubernatorial race in Virginia and what voters are looking for in each candidate.
SCOTUS Hears Arguments in Texas Abortion Law
The U.S. Supreme Court takes a closer look at the Texas abortion law that was designed by its sponsors to evade constitutional review in federal court. Katie Barlow, journalist and social media editor at SCOTUSblog joins Cheddar News to breakdown what was discussed.
Sunrise Movement Youth Activists Call on Biden to Follow Through on Climate Promises Amid COP26
John Paul Mejia, the national spokesperson for the Sunrise Movement, joined Cheddar to talk about what the youth activist group wants to see from President Joe Biden as he attends the COP26 climate summit. Mejia admonished the president for having little to deliver on his own climate agenda domestically while at the conference. "We need the president to follow through with his promises because, frankly, it's a matter of life or death not only for communities here in the United States but also those looking to us around the world," he said.
ESG Investing Grows In Popularity
ESG, or environmental, social, and governance, investing has surged in popularity recently, reaching new record highs in 2020. The goal is to invest in companies and products that advocate for social change, while earning markets returns at the same time. Lauren Dillard, EVP and Head of Investment Intelligence at Nasdaq, joined Cheddar to discuss the ESG investing fad and the potential risks associated with it.
October Marks Best Month for U.S. Box Office
For the second weekend in a row. 'Dune' topped the box office closing out a lucrative October for movie sales. October was the highest-grossing box office month in the COVID-19 era. Mike Reyes, senior movie contributor at Cinemablend joins Cheddar News to talk about future box office predictions.
Load More