Here are the headlines you Need2Know for Thursday, August 6, 2020:

COVID-19: LATEST DEVELOPMENTS: Chicago Public Schools will start the year all-virtual, leaving New York as the last major urban public school district in the U.S. planning for in-person classes. NYC, which is going on four days in a row with no virus deaths, is planning to set up checkpoints near bridges and tunnels to remind travelers coming from hot spots that they must self-quarantine or face hefty fines. In L.A., the city will start turning off the water and power at mansions that continue to host large house parties. BLOOMBERG

BEIRUT: WHAT HAPPENED? In 2013, a leaky Russian cargo ship carrying more than 2,000 tons of ammonium nitrate made a pit stop in Beirut on its way to Africa. The ship was abandoned by its owner, and its highly combustible cargo was transferred to a dockside warehouse, where it remained until this week. The explosion of that cargo on Tuesday killed more than 130 people and destroyed large parts of Beirut -- apparently the result of chronic negligence and incompetence on the part of Lebanese officials who knew of the risk. NY TIMES

CAMPAIGN WRAP: Neither political convention this year will include the typical arena-filled speech from the party’s respective candidate. Joe Biden isn’t going to Milwaukee to accept the nomination, saying he wants to set a good public health example, while President Trump is considering making his official re-election pitch from the White House lawn. Biden’s choice for VP is reportedly down to Susan Rice and Kamala Harris; he is expected to make the announcement any day. His campaign just made the biggest ad buy ever for a presidential candidate: $280 million across TV and digital through the fall, compared to Trump’s $147 million buy. AP

HIROSHIMA AT 75: Bells have already tolled today in Hiroshima, Japan, where a dwindling number of survivors are commemorating 75 years passing since the U.S. atomic bombing of that city. Known as hibakusha, the bombing’s survivors are fewer every year. They now face a world in which tensions between many of the world’s nuclear armed states are back on the rise after years of nonproliferation gains. Here are some of the first-hand accounts from the people who lived through that day 75 years ago: READ

FACEBOOK'S ANSWER TO TIKTOK: If you can’t beat ‘em, copy ‘em. Facebook has launched Reels, a video-sharing platform meant to take on TikTok. Reels lives within Instagram, giving it immediate exposure to the hundreds of millions of people who use that app every day. Facebook says Reels will focus on creators rather than just everyday users. AXIOS

NEW SAMSUNG PHONES: If you like having a big, high-end Android phone, Samsung just launched its new line of Galaxy Note devices. The Galaxy Note 20 and Galaxy Note 20 Ultra both run on 5G and feature a stylus. The top-of-the-line Note 20 Ultra has all the bells and whistles you’d expect for a smartphone that starts at $1,300. Both phones can be preordered today for shipment in two weeks. Samsung also released a new smartwatch, tablet and earbuds. THE VERGE

GOLF IS BACK: Ninety-one of the top 100 golfers in the world tee off today at the PGA Championship in San Francisco, three months after it was postponed due to the coronavirus. It’s the first golf major of the year, and will be played without fans. Among the storylines to watch: Brooks Koepka is looking to win his third straight PGA Championship; Rory McIlroy was playing some of the best golf of his life before the pandemic; and Tiger Woods will be looking to see if his bad back holds up. ESPN

ELLEN GETS BACKUP: Jay Leno, Diane Keaton and Ashton Kutcher are among the latest celebrities to throw public support behind Ellen DeGeneres as her talk show remains the subject of questions over whether she presided over a toxic and abusive workplace culture. Ellen’s brother, Vance, has also spoken out, calling his sister a “bright light in a dark world.” DEADLINE

SUMMERTIME SADNESS: Michelle Obama said on her latest podcast that she's been suffering from “low-grade depression” over the various crises roiling the country. The former first lady isn’t alone: in a survey last week, the Kaiser Foundation reported that a majority of American adults now say they believe the pandemic is taking a toll on their mental health. That number is significantly higher for people of color. SEE THE POLL

LEFTOVERS: VERY GOOD BOY: A police dog in Wales spotted a missing mother and her baby after they had become trapped in a ravine on the side of a mountain. And he did it on his first day of work. Max, a two-year-old German Shepherd who had just been licensed as an official police K-9, was called into service to aid the search and found the pair after an hour. They were OK. SKY

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
Courtney B. Vance, Tosin Cole on Criminal Justice in '61st Street' From SXSW 2022
Actors Courtney B. Vance and Tosin Cole joined Cheddar News’ senior reporter Michelle Castillo at South by Southwest to talk about their new series “61st Street” on AMC. The show takes a look at the harshness of Chicago’s criminal justice system. When asked what he hopes the audience takes away from this show, Tosin Cole said, "Just some empathy and just showing a different perspective."
Indeed Survey Shows Half of Women Considering Shift in Career Over Compensation
A recent survey from employment website Indeed and career growth platform Luminary found that at least half of women are considering a change to their careers over issues of unequal compensation and upward mobility as compared to men. Cate Luzio founder and CEO of Luminary, and Abbey Carlton, Indeed's global head of social impact, joined Cheddar News to talk about the study and working for women to push more self-advocacy. "I think the silver lining here is that women are in a moment where they can renegotiate the terms of work. And we're seeing that in this survey, women are thinking about what is my next step and what do I need in that next step. And compensation is right at the top of the list there,” said Carlton.
"Organizations For Pay Equity Now" Aims To Close Gender Pay Gap Among Startups
A new coalition called "Organizations For Pay Equity Now", or "OPEN" imperative, has launched with the goal of eliminating the gender pay gap among pre-IPO startups by 2027. More than 200 founders, CEOs and investors have already joined the coalition -- and it's only expected to grow. Emily Sweet, Lead of the OPEN imperative, joined Cheddar's Opening Bell to discuss the new coalition and how it plans to achieve these ambitious goals.
Netflix Testing Extra Charge for Password Sharing
Netflix launching a test to let primary account holders pay an extra fee for users outside their households. This comes as the streaming giant grapples with illicit password-sharing with over 30 percent of all Netflix users sharing their password with at least one person, according to research firm Magid. Pedro Palandrani, Director of Research at GlobalX joined Cheddar's Opening Bell to discuss.
Platform Connecting Founders With VC Experts NeonVest Raises Seed Round
Neonvest is a platform connecting startups and entrepreneurs with experts in the VC space. The startup says it's in the process of raising a seed round of approximately $2.5 million from a mix of angel and institutional investors. Aakash Shah, co-founder of NeonVest, joins Cheddar News' Closing Bell to discuss.
Michael Pachter Weighs In on Amazon Acquisition of MGM for $8.5 Billion
Amazon closed its deal to buy MGM's many content brands for $8.5 billion, and Michael Pachter, a managing director at Wedbush Securities, joined Cheddar News to discuss the e-commerce giant's second-largest acquisition to date and how he thinks it will all pay off. "To make a movie today, you just can't even think about it for less than 30 million bucks, so 4,000 movies, I mean that's several billion dollars worth of assets," he said, noting how it would also add to Amazon's little-known ad-supported IMDb TV service. "I don't know that the IMDb TV guys actually talk to the Amazon Prime Video guys, but a lot of content, it makes the value of a Prime subscription much, much greater, and people are far, far less likely to churn even if they're only buying one package every three months."
Load More