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
Amazon Funds Amogy to Commercialize Ammonia-Powered Cargo-Shipping Vessels, Decarbonize Transportation
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
FedEx Announces Student Ambassador Program With Historically Black Colleges & Universities
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
'Sing 2' Takes Top Spot From 'Spider-Man' at UK Box Office
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
First Black CEO of Big Brothers Big Sisters of America on Empowering Youth With NFL
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
Supreme Court To Hear Challenge To Affirmative Action
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
Crypto Prices Plummet, Wiping Out $1 Trillion In Global Value
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Streaming Giants Struggle to Retain Subscribers Following Big Releases
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release. According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
EU Relaxes Travel Restrictions Within Bloc
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
China Blocking Off Scenes From Hollywood Films
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
Load More