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
Game On for Sports Betting in New York
It was 'game on' for sports bettors in the state of New York, as mobile betting kicked off on four major betting operating platforms Saturday. This comes at an exciting time for sports fans with some of the biggest NFL games of the season right around the corner. Cam Rogers - Host of Lock It In with Cam Rogers, Betting Analyst at the Bleav Podcast Network joined Cheddar's Opening Bell to discuss.
U.S. Purchases 600K Doses of New Antibody Treatment Amid Omicron Surge
The United States purchased over 600,000 doses of a monoclonal antibody treatment from Glaxosmithkline and Vir Biotechnology, bringing the total worldwide doses purchased to 1.7 million. This comes as the country attempts to ramp up treatment options as cases of the omicron variant continue to surge. Dr. Asha Shah, Director of Infectious Diseases at Stamford Health joined Cheddar's Opening Bell to discuss.
Victor Cruz Might Even Flip Burgers Himself for His Krystal Restaurants Franchise in NJ
Former wide receiver for the New York Giants, Victor Cruz has partnered with Krystal Restaurants, a popular burger chain in the South, to bring the franchise to his home state of New Jersey. Cruz and Alice Crowder, CMO of Krystal Restaurants, joined Cheddar's Opening Bell to discuss the venture. The five new locations will be known as "Victor Cruz's Krystal," decked out with memorabilia from his football career, with the former player explaining how "hands-on" he plans on being. "You never know, OK? You might walk in and Victor Cruz will be flipping a burger back there, and you might be getting it directly from the source," he said.
Sports Betting Industry Growth
Max Bichsel, vice president at Gambling.com Group joins Cheddar News to talk about the growing sports betting industry, New York legalizing mobile betting, and 2022 predictions for the sector.
Massive Gaming Deal as Take-Two Interactive Acquires Zynga
Mario Stefanidis, Vice President of Research at Roundhill Investments, joined Wake Up With Cheddar to break down the implications of the Take-Two deal to purchase Zynga, as the gaming giant looks to become a major player in mobile gaming.
As the Covid Crisis in Schools Ramps Up, Educational Leaders Struggle
Covid cases have started to spike again across the nation, and this time they seem to be hitting some of our youngest and most vulnerable - school-aged children. School districts across the nation - including the country's largest public school system in New York City- are all grappling with what to do as teachers and students alike continue to miss school in droves. Katie Honan, reporter for the New York City-based non profit news organization, The City explains how educational leaders across the country are handling covid demands from both teachers and parents alike.
Bitcoin Dips Below $40K As Death Cross Looms
For the first time since September, Bitcoin fell below $40,000 early Monday. The currency's average short-term price has now dipped below its average long-term price, which is known by a rather dramatic term, a death cross. According to analysts, the indicator appears to be a result of mounting concerns of faster liquidity withdrawal by the US Federal Reserve. The crypto slump also follows a week of rough trading for equities overall. CEO Snickerdoodle Labs and Co-Founder of the Stanford Future of Digital Currency Initiative, Jonathan Padilla, joined Cheddar to discuss more.
America's Mothers Still Struggling to Balance Work and Child Care Post Pandemic
Throughout this pandemic, we witnessed a mass exodus of women in particular, from the workforce. A number of women say an increase in home and child care responsibilities forced them to make a decision they never thought they would; to simply quit their jobs. Many others had the decision made for them and were laid off. In fact, we did a LinkedIn poll today where 29 percent of women said their careers took a back seat. Reporting Fellow at Type Media Center and Author of "Work Won't Love You Back" Sarah Jaffe, joined Cheddar to discuss more.
Artists Cash In On Selling Their Music Rights
David Bowie's entire catalog of songs has officially been sold to Warner Music Group by his estate for an estimated $250 million. This means the group now has the full rights to almost all of David Bowie's recordings. But Bowie, just the latest music mega deal. Just last month, Bruce Springsteen sold his entire catalog to Sony Music Entertainment at what in fact maybe be the biggest transaction ever for a single artist's body of work. In addition, John Legend also cashed in by selling rights to his songs from 2004 to early last year. Culture Correspondent at NPR, Anastasia Tsioulcas, joined Cheddar to discuss more.
Load More