Here are the headlines you Need2Know for Tuesday, November 30, 2020:

COVID-19: LATEST DEVELOPMENTS

Anyone who traveled over Thanksgiving should “assume that you were exposed” to the coronavirus and get tested this week while avoiding contact with people who are elderly or have underlying conditions. That plea came from Dr. Deborah Birx on Sunday, and followed Dr. Fauci’s warning of a “surge upon a surge” that will hit in the next few weeks. In an abrupt change, NYC will reopen public elementary schools a week from today and abandon the controversial 3 percent test-positivity threshold. Middle and high schools in the country’s largest public-school system remain online-only for now. NY TIMES

BIDEN TRANSITION

President-elect Biden has announced an all-female communications team to be led by Jen Psaki, a former Obama adviser, as White House press secretary. He is also said to have also chosen Neera Tanden, a divisive figure in Democratic circles, to lead the budget office. Arizona and Wisconsin are set to certify their election results today (a recount in Wisconsin is over and reaffirmed Biden’s win there). The president-elect will likely have to wear a boot for a while after he fractured his foot while playing with his dog over the weekend. NPR

IRAN VOWS REVENGE

The supreme leader of Iran is calling for “definitive punishment” over the killing of the country’s top nuclear scientist. Mohsen Fakhrizadeh was assassinated by a 12-person hit squad near Tehran on Friday in a sophisticated plot that had all the hallmarks of being conducted by Israel’s Mossad. Iran’s hardline state media has been casting Fakhrizadeh, who will be buried with full honors, as a martyr. There is growing concern that the brazen killing could destabilize the region just as a new U.S. administration is coming in. One Iranian newspaper called in an op-ed for a strike on the Israeli port city of Haifa. Israel’s embassies around the world have been put on high alert. REUTERS

TRANSATLANTIC ALLIANCE

The European Union is reportedly working on a proposal for a new transatlantic alliance with the U.S. in the post-Trump era. The draft plan proposes rebuilding ties on issues from trade to digital regulation as a way to counter the rise of China. Relations between the U.S. and many EU member states have been strained under the Trump administration. FT

IN MEMORIAM: TONY HSIEH

Tributes continue to pour in across the business world for Tony Hsieh, the founder of Zappos.com who died on Friday from injuries he sustained in a house fire. Hsieh was known as a visionary entrepreneur who was among the first to understand how to get customers to buy things on the internet -- namely, through a fanatical devotion to customer service. He pioneered a famous employment policy in which Zappos would pay new employees $1,000 to quit. The idea being: if they took up the offer, they didn’t have the sense of commitment the company was looking for. Hsieh was 46 years old. INC

CYBER MONDAY

In a Covid world, is there even a difference between a Black Friday that primarily happened online and the typical Cyber Monday online sales event that takes place today? Who knows. But the deals are still aplenty. The hottest big-ticket items this year are arguably the Xbox Series X and PlayStation 5, but good luck finding them in stock, virtually or physically. CBS NEWS

FOOTBALL: HIGHS & LOWS

NFL IN DISARRAY: The NFL’s marquee regular-season weekend did not go smoothly. The Broncos played their Sunday game against the Saints with a practice wide receiver at QB after all of the team’s quarterbacks were all sidelined under the COVID-19 protocol. It did not go well. Meanwhile, the Steelers-Ravens matchup that was supposed to be the big Thanksgiving night game was postponed to Sunday and then postponed again until tomorrow. In the NFC East, the N.Y. Giants are in first place with a record of ... 4-7. SBNATION

HISTORY MADE: Meanwhile, history was made in college football on Saturday when Sarah Fuller became the first woman to play for a Power 5 team. Fuller, who is normally a goalkeeper for Vanderbilt’s soccer team, kicked off to open the second half in the Vandy-Mizzou game: WATCH THE KICK

'CROODS' CRUSHES

The box office just had its biggest opening of any movie since before the pandemic. The Croods: A New Age took in $9.7 million domestically, or $14.2 million over the five-day Thanksgiving weekend, beating out Tenet for the best opening haul since Disney’s Onward in March. Box office analysts were shocked by the opening and say it shows that the movie theater experience is resilient and could be set for a huge rebound post-vaccine. VARIETY

SPOTTED...

...the actress Rebel Wilson, who has been chronicling her weight loss on social media, announcing that she has hit her goal weight for her “Year of Health” journey a month early: SEE PICS

LEFTOVERS: MISSING MONOLITH

A large, silvery metal monolith that mysteriously appeared in the Utah desert has just as mysteriously vanished. The Bureau of Land Management says the monolith was removed sometime on Friday. No one knows what it was or who put it there, though the art world has been speculating that it was the work of the late sculptor John McCracken, who reportedly wanted his art to be left in remote places to be discovered after his death. AP

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 Business
Flock Freight Raises $215 Million
The freight industry has its newest unicorn. Flock Freight recently reached the $1 billion mark after recently raising $215 million dollars. It comes during a watershed moment for the global shipping and freight industry, with the pandemic and other issues leading to the ongoing supply chain crisis. Flock Freight and its shared truckload service may be a solution. Flock Freight CEO Oren Zaslansky joined Cheddar News' Closing Bell to discuss.
Cannabis Tech Firm Dutchie CEO on Expanding After $350M Fundraise
Cannabis tech company Dutchie raised $350 million in Series D Funding in October, and Ross Lipson, CEO and co-founder, joined Cheddar's "Closing Bell" to talk about how the funds will be used to grow the business. He noted that attracting the best talent, research and development, and expanding the brand's international reach are among the top priorities with this latest round of funding. Lipson also provided a breakdown of how his company "powers a dispensaries operations" through point of sales and e-commerce transactions.
Cloud Data Company Informatica CEO on Company's Second IPO Launch
Cloud data management company Informatica made its market debut on the New York Stock Exchange today under the ticker symbol INFA. Shares ending the day even after opening at $27.55. with shares priced at $29 apiece. This is the second time the company has gone public after being founded back in 1993. Informatica then went private in a $5 billion deal in 2015. Now, the company is reentering public markets as a subscription business with a push to the cloud. Cheddar News welcomes CEO of Informatica, Amit Walia, to discuss.
Supply Chain Shortages to Impact Holiday Shopping
If you plan on hosting family and friends this holiday season, you may want to start stocking up on gifts right now. That's because major retailers don't anticipate the national supply chain crisis to end anytime soon. President Biden even says he's considering deploying the National Guard to ease the supply chain crisis. Melissa Gonzalez, CEO and founder of The Lionesque Group, joins Cheddar News to breakdown what consumers should expect.
New Oracle Study Reveals Reasons Why People Want New Careers
It's no doubt that the pandemic has been tough on the job market. According to the Labor Department, a record four million people quit their jobs in April. Now, a new survey from Oracle is touching on mental health and how employees are demanding more from their work lives. Juergen Lindner, SVP of global software for SaaS at Oracle, joins Cheddar Wellness to talk about the findings.
New Chevrolet Corvette Z06 Model Revealed
The new 2023 C8 Corvette Z06 is finally here. GM's Chevrolet is holding a livestream feature film to debut the car. A panel discussion will also take place to break down everything you need to know about the vehicle. Tadge Juechter, Corvette's executive chief engineer, joins Cheddar News to talk about the new model.
Rent the Runway President on Going Public, Future Outlook for Renting Fashion
Anushka Salinas, president and COO of Rent the Runway, joined Cheddar's "Closing Bell" to talk about bringing the fashion rental company to the public market after debuting on Nasdaq. Salinas also talks about the future outlook for the company after the pandemic shifted the everyday lives of working women. "As of the end of September, we're at 97 percent of our ending 2019 subscriber count, which, I think, highlights that despite the pandemic, despite delta variant still kind of lingering around, limited marketing of our business, and women not fully being back in the office, we've already brought Rent the Runway back to pre-pandemic levels," she said.
Questlove Partners With The Balvenie on New Digital Series to Help Young Creatives
The Roots' Questlove joined Cheddar's 'Between Bells' to talk about partnering with The Balvenie Scotch whisky on a new web series called 'Quest for Craft,' where he interviews big-name guests about their creative processes. He noted that he hopes the series can act as a guide for recent college grads who might be confused about their personal path to take toward success.
Load More