Here are the headlines you Need2Know for Wednesday, August 12, 2020:

BIDEN PICKS HARRIS

THE PICK: Joe Biden chose Kamala Harris to be his vice president, making the first-term California senator the first Black and first Asian-American woman to ever join a national presidential ticket. Biden said his decision was made, in part, due to his late son Beau’s admiration for Harris when they were both state attorneys general. WASH POST

HER STORY: Harris, 55, was born to a Jamaican father and Indian mother in Oakland, and has spent her adult life in law and politics. She did her undergrad at Howard (making her the first HBCU grad on a major ticket). She was San Francisco District Attorney, then California Attorney General before getting elected to the Senate in 2016. She was an early and strong supporter of President Obama, but has also been criticized from the left for her years spent as a prosecutor and her moderate views. Here’s a profile of Harris from last year: NEW YORKER

COLLEGE SPORTS: DOMINOES FALL: The Big Ten and Pac-12 became the first major conferences to punt on the college sports season, announcing they’d attempt to play football and other fall sports in the spring semester if the pandemic has eased by then. That means no USC, no Oregon, no Michigan, no Ohio State -- and it could lead to the rest of the Power 5 conferences following suit and throwing in the towel. The decision to postpone the season was unanimous within the Pac-12 member schools; it’s not known whether the 14 schools that make up the Big Ten were unanimous in support. NBC NEWS

PRIMARY RESULTS: The “Squad” is likely to remain intact for at least another two years. Rep. Ilhan Omar overcame a Democratic primary challenge and is on the path to reelection in November. Omar, Rep. Rashida Tlaib and Rep. Alexandria Ocasio-Cortez have all won their primaries; Rep. Ayanna Pressley is running unopposed in hers next month. Meanwhile, Marjorie Taylor Greene, an open supporter of the QAnon conspiracy theory that the FBI says is a domestic terrorism threat, won her primary in a deep-red district in Georgia, all but ensuring she will be elected to Congress in November. REUTERS

MAURITIUS OIL SPILL: An environmental disaster has been slowly unfolding off the coast of the African island nation of Mauritius. Two weeks after an oil tanker ran aground in a coral reef, spilling 1,000 tons of fuel across the pristine coastline, the ship is now on the verge of splitting in two. If that happens, another 2,000 tons of oil will spill if a salvage team can’t pump it out in time. AL JAZEERA

RACE FOR A VACCINE: Public health officials around the world greeted Russia’s announcement that it has approved the world’s first coronavirus vaccine with deep skepticism. The drug was tested in monkeys and some humans, but did not go through comprehensive human trials. The Russian government plans to start inoculating teachers and medical workers this month with the vaccine, which they’re calling “Sputnik V” after the first satellite launched into orbit by the Soviet Union. ABC NEWS

WORLD'S NEWEST BILLIONAIRE: When Steve Jobs died in 2011, Apple’s market cap was about $350 billion. Now it’s approaching $2 trillion, and the man who has led the company since Jobs’ passing just became a billionaire. But unlike fellow tech billionaires like Mark Zuckerberg, Elon Musk and Jeff Bezos, Tim Cook belongs to a tiny club of CEOs who became billionaires without having founded the companies they run. BLOOMBERG

PHOENIX SUNS: AMERICA'S COVID TEAM: The Phoenix Suns made it into the NBA bubble by a hair -- they came with the worst record among Western Conference teams -- but are now the only undefeated team in Orlando. The Suns are 7-0 in the bubble and on the cusp of qualifying for the postseason play-in tournament, led by phenom point guard Devin Booker. Ahead of Tuesday’s game, the team surprised players by having their family members announce the starting lineup from home: WATCH

APPLE SIGNS SCORSESE: Martin Scorsese has inked a first-look deal with Apple that will have the Goodfellas director helming TV and film products for Apple TV+. Apple is making big moves in Hollywood -- it just signed Leonardo DiCaprio’s production company to another first-look deal, and is  getting serious about buying up big studio movies that would have otherwise gone to theaters. Scorsese and DiCaprio are already working together for Apple on Killers of the Flower Moon, set to start production next year. VARIETY

SPOTTED...

...Portia de Rossi on a hike with her mom in Santa Barbara, after confirming that wife Ellen DeGeneres will continue to host her talk show and is “doing great”: SEE PICS

LEFTOVERS: BLOCKBUSTER SLEEPOVER: There’s one Blockbuster video store left in the world, and it’s in the town of Bend, Oregon. The manager of the store is teaming up with Airbnb to list it as an overnight stay for up to four people over a period of three days in late September. The cost: $4 a night. The extremely limited bookings open up Aug. 17: SEE THE LISTING

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
M&M Candy Characters to Get Brand New, More Inclusive Look and Feel
M&M's is rebranding its iconic chocolate candy characters with new looks and storylines highlighting the "progressive world" we live in today. Jane Hwang, global vice president of M&M's, joined Cheddar to talk about the company's rebrand. "M&M's is on a mission to create a world where everyone feels they belong," she said. The multi-colored, anthropomorphized candies will be getting an updated look and tone, according to Hwang, such as Green receiving a makeover that reflects more female empowerment and confidence.
Dept. Of Agriculture 10-Year Plan To Combat Wildfires
The Department of Agriculture has officially unveiled its plan to fight catastrophic wildfires that have devastated parts of the West in the last few years. The department, along with the Forest Service will work to significantly increase fuels and forest health treatments to address the escalating crisis of wildfire danger. Executive Editor of Cipher, a publication by Breakthrough Energy, Amy Harder, joined Cheddar to discuss more.
Crypto Related Job Postings Skyrocketed In 2021
A new report out on Linkedin says that Crypto-related job postings in the US surged to 395% between 2020 and 2021. Job titles which included titles containing "Bitcoin", "Ethereum", "Blockchain", and cryptocurrency, all outpaced jobs in the wider tech industry which saw a 98% increase in listings during the same time period. LinkedIn also notes that the most common crypto job postings were blockchain developers and engineers. CEO of Radkl, Ryan Sheftel, joined Cheddar to discuss more.
Study Finds Cannabis Compounds Prevent Cellular Infection by COVID-19 Virus
A new study has been causing a lot of buzz in the cannabis industry. Researchers from Oregon State University found that compounds in cannabis could prevent infection with COVID-19, but that doesn't mean smoking marijuana prevents people from getting infected. CV Sciences medical advisor Dr. Michael Lewis joined Cheddar News' Closing Bell to discuss.
BigPanda Raises $190 Million in Funding at $1.2 Billion Valuation
Software company BigPanda recently raised $190 million in Series D funding, led by Advent International and Insight Partners. The funding round gives the company unicorn status with a $1.2 billion valuation. BigPanda develops A.I. software that detects and analyzes problems in I.T. systems. The company says it aims to be the solution for other companies that do not have enough manpower to manage their data, as more and more industries continue to build a broader digital presence. BigPanda co-founder and CEO Assaf Resnick joined Cheddar News' Closing Bell to discuss.
Why the 'Great Resignation' is Actually the Great American Burnout
We've all seen the headlines about a record number of Americans quitting their jobs in what's become known as the Great Resignation. However, new data on why people are leaving the workforce in droves suggests the bigger headline is Americans are simply burned out. Stephanie Aston, CEO of Black Girl Group, joined Cheddar News to break down why so many employees have reached their breaking points and what employers can do about it.
Thrive Market Offers Healthy and Sustainable Products at Wholesale Prices
Thrive Market is a health-first membership for conscious living, with a mission to make healthy and sustainable living easy and accessible. Nick Green, CEO and co-founder, chatted with Cheddar's Baker Machado about the company's approach and new ventures in 2022. "I grew up outside of Minneapolis, middle class, middle America, and really saw firsthand how hard my mom had to work to put healthy food on the table, on a budget, without a health food store nearby," he said. "Twenty-some years later we looked around and just thought it was crazy that millions of Americans are still struggling with the same thing, and we decided to change it." Recently the brand released a line of organic frozen products and will be introducing new beauty and home brands.
Load More