Here are the headlines you Need2Know for Thursday, July 2, 2020:

HAPPY 244TH, AMERICA: This 4th of July holiday will be unlike any other, with many local fireworks displays, parades and events either shelved or moving online. D.C. canceled its parade but will keep the big fireworks show and flyovers on the Mall. Macy’s -- which just reported a $4 billion quarterly loss -- will continue its surprise mini-fireworks shows tonight and tomorrow, culminating with a finale on Saturday night. President Trump travels to Mt. Rushmore tomorrow to watch a fireworks show that is being put on for the first time since the Parks Service banned them in 2010 over environmental concerns. WEEKEND FORECAST

COVID-19: STATES BACKTRACK: With the country now topping 50,000 daily cases for the first time, more states and cities are moving to reverse or slow their reopenings -- particularly when it comes to indoor gatherings. Indoor dining will not be allowed when NYC moves into Phase 3 next week; California is closing dine-in restaurants and bars in most of the state, including hard-hit L.A.; and Michigan has ordered most indoor bars closed. Demand for testing in the Sun Belt is so high that lines at some sites stretch for miles. WASH POST

AUTONOMOUS ZONES: Seattle police moved in and cleared the autonomous zone known as CHOP after the city’s mayor issued an executive order telling people they must vacate the area that had been occupied for three weeks.The decision to bring in the police followed a series of shootings in the area, including one that left a 16-year-old boy dead. In NYC, protesters have been clashing with police outside City Hall in an area being called the ‘City Hall Autonomous Zone.’ KING

NEW ERA IN HONG KONG: Police in Hong Kong began enforcing a controversial new security law almost immediately after it went into effect, firing tear gas and water cannons and arresting more than 300 protesters on the first day. In response to the draconian law, the UK says it will honor its promise of a path to citizenship for Hong Kong residents holding BNO (British National Overseas) passports. BBC

AIRLINE CRISIS: This would normally be one of the busiest travel times of the year for the airline industry. Instead, the major U.S. carriers continue to try and figure out how to keep themselves afloat amid dried-up demand. United is actually tripling flights in August, noting that customers are “slowly returning” to the skies. American has reopened middle seats for booking, drawing criticism from Dr. Fauci himself. Alaska Airlines is issuing “yellow cards” to passengers who refuse to wear masks. POINTS GUY

FACEBOOK AD BOYCOTT IN EFFECT: On the first day of the #StopHateforProfit ad boycott, Facebook published an open letter arguing that the platform “does not profit from hate” and pointed to a study that suggests it actually removes hate speech faster than YouTube or Twitter. Nevertheless, the boycott has grown to more than 500 brands and is being promoted from the likes of celebrities, politicians, and even Prince Harry and Meghan Markle. CNN

'MAD MEN' BLACKFACE: Bucking a trend of shows that are pulling episodes from streaming services because of racially insensitive content, AMC’s Mad Men will keep up an episode that prominently features a character in blackface. There will be a disclaimer at the beginning of the episode when the series begins streaming on Amazon’s IMDb TV later this month, explaining that the scene shows how commonplace racism was in the time period depicted. Other shows, including Scrubs, 30 Rock and Community, have removed scenes that include blackface. LA TIMES

FOX STAR FIRED, ANOTHER ON FIRE: Fox News has fired Ed Henry, one of the network’s most prominent on-air reporters, over sexual misconduct allegations from a former employee that allegedly took place “years ago.” Henry’s book publisher has also cancelled his upcoming memoir. Meanwhile, another Fox star, Tucker Carlson, just booked the highest ratings in not just the network’s history, but in the entire history of cable news. AP

BEAVIS IS BACK: Comedy Central is reviving MTV’s Beavis and Butthead for “a whole new Gen Z world.” The show’s original creator, Mike Judge, is coming back to helm the reboot. There’s a two-season order and plans for spinoffs and specials. THR

LEFTOVERS: DINING AL FRESCO: Residents of Prague celebrated the end of the city’s coronavirus lockdown with a huge public dinner party at a 1,600-foot table spanning the Czech capital’s famous Charles Bridge. The Czech Republic was one of the first countries in Europe to tell people to wear masks, and has fared better than many of its neighbors. SEE PICS

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
20-Year-Old Entrepreneur Tania Speaks on Emotional 'Shark Tank' Deal With Mark Cuban
Season 13 "Shark Tank" contestant Tania Speaks secured a $400,000 deal for her Speaks Organic Skincare brand with "Shark" Mark Cuban while also being named one of the best pitches in the history of the show — all at 19 years old. Now 20, Speaks joined Cheddar News to talk about the skincare line, the clean beauty industry, and the moment that host Cuban was moved by her pitch. "I couldn't believe that he got emotional. I'm surprised I held back my tears that long," the young entrepreneur revealed. "It's just amazing for someone else to be inspired by your story, especially Mark Cuban himself."
ViacomCBS Rebrands as Paramount Global, Puts Emphasis on Streaming
The media giant formerly known as ViacomCBS has officially rebranded itself as Paramount Global with a focus on its streaming service, Paramount Plus. Naveen Chopra, chief financial officer at Paramount, joined Cheddar to discuss the company’s name change and streaming wars. "There are components of content licensing that we continue to do, either historical arrangements or opportunities to license content that don't really impinge on what we're trying to do with our owned and operated services and that continues to be an important ingredient in our broader financial model," he said. "But our number one priority is putting our best assets on Paramount Plus." Chopra also discussed theatrical release windows before feature films hit its service and the platform's subscription goals.
ULTA Beauty To Spend $50 Million On Diversity Initatives
In efforts to help support black-owned brands. Ulta Beauty says it will make a commitment to not only give these brand shelf space but also help them navigate the ins and outs of growing a business. Last week, the beauty retailer announced in order to reach those goals, the company will spend $50 million on diversity and inclusion programs, including an accelerated program to mentor entrepreneurs of color. CEO of Ulta Beauty, Dave Kimbell, joined Cheddar to discuss more.
U.S Chamber of Commerce Hosts Virtual Event 'Developing the Black-Owned Business Ecosystem'
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
Bringing Black History Month Celebrations to Your Business
While Black History Month is a time to celebrate the achievements of Black Americans, it's also a time to reflect on how they can be better heard and supported. Black Americans are still fighting for voting rights, facing more severe impacts from COVID-19, and experiencing gaps in workforce representation and pay. Alexandra Schrecengost, hybrid work expert and CEO of "Virtual With Us" and "Culture With Us,' joined Cheddar News to discuss.
Load More