Here are the headlines you Need2Know for Tuesday, December 1, 2020:

COVID-19: LATEST DEVELOPMENTS

The U.S. is now reporting more than one million new coronavirus cases and 10,000 deaths a week. Hospitalizations are approaching the 100,000 milestone. Californians are preparing for the possibility of a full stay-at-home order in the coming days as ICU beds in the state fill up. New York hospitalizations are at a level not seen since May. Dr. Scott Atlas, the controversial White House pandemic adviser, has resigned. SFGATE

VACCINE PLANS

Dr. Fauci came on Cheddar to reveal the early plans for vaccine distribution: once the doses arrive in each state, it will be up to governors, aided by local health officials, to determine who gets them first. Herd immunity is conceivable by May, he said, but only “if everyone decides they want to get vaccinated.” Moderna has applied for emergency authorization of its vaccine, which shows a stunning 100 percent efficacy in preventing severe cases of the disease. If it’s authorized, the first shots could be administered before Christmas. CHEDDAR

BIDEN TRANSITION

Wisconsin and Arizona have certified their votes as expected, affirming President-elect Biden’s wins in those crucial states. President Trump continues to fundraise off his attempt to overturn the results, raising some $170 million since Election Day -- the vast majority of which will go into his new PAC to fund future political ambitions, if you read the fine print. Meanwhile, Congress is back in D.C. for a lame-duck session. Lawmakers have two goals, one of which is in reach: pass a spending bill by Dec. 11 to prevent a government shutdown (in reach) and agree on a new stimulus package (not in reach). NY TIMES

BREATHTAKING DISCOVERY

Archaeologists working in the Amazon rainforest have discovered tens of thousands of prehistoric paintings across miles of cliffside in a remote area of Colombia. They’re calling the discovery the “Sistine Chapel of the Ancients.” The paintings are believed to have been created about 12,500 years ago, an estimate based on the fact that many of the pictures are of ice-age animals, like the mastodon, that are long extinct. The discovery took place last year but has been kept secret as part of a British documentary project. LONELY PLANET

BEST MONTH SINCE '87

The Dow just had its best month since 1987. The market ended November on a down note but still notched the biggest monthly gains in nearly 34 years. The Dow, S&P and Nasdaq were each up more than 10 percent for the month, mostly thanks to the positive vaccine development news. CHEDDAR

A.I. SOLVES BIO MYSTERY

The artificial-intelligence group DeepMind has solved a problem that has confounded biologists for 50 years. DeepMind created an algorithm called AlphaFold that has been able to accurately predict how proteins are formed, thought to be the first time an A.I. has successfully solved a major riddle of science. Researchers have been able to map the structure of proteins in the lab, but the process is expensive and takes years. AlphaFold does it in a couple days. The breakthrough has major implications for everything from understanding disease and creating designer vaccines, to building proteins that can break down waste in an environmentally-friendly way. MIT TECH REVIEW

NFL HELL

The NFL’s mantra for the rest of the season: the show must go on, whatever the cost. The Steelers-Ravens game has been postponed for the third time. Kickoff is now scheduled for tomorrow at 3:40pm ET on NBC, early enough that it won’t interfere with NBC’s broadcasting of the Rockefeller Center tree lighting. The Ravens will have to play with around a dozen players on the COVID reserve list. The scheduling change will affect at least two Week 13 games and with no bye weeks remaining, there are only so many more changes that can feasibly happen. RINGER

DON'T CALL IT A COMEBACK

Felicity Huffman has landed her first TV gig since becoming a convicted felon. The actress, who served 11 days in prison last year for her role in the college-admissions scandal, will star as the “unlikely owner of a minor league baseball team” in a still-unnamed comedy series that has been ordered to pilot by ABC. DEADLINE

SPOTTED...

… First Lady Melania Trump, unveiling the White House’s annual Christmas decorations. This year’s display includes ornaments that pay tribute to essential and frontline workers: SEE PICS

… Rihanna having dinner in NYC with A$AP Rocky, reported to be her new beau: PEOPLE

LEFTOVERS: THE MONOLITH IS BACK

A new monolith (or the same monolith?) has been spotted in Romania, near the site of an ancient fortress. The three-sided metal structure appears nearly identical to the one that was discovered and then went missing in the Utah desert, though it has some new, apparently human-made, carvings on its face: 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
A Guide to the World of Art Investment
Joanna Ostrem, Head of Estates, Appraisals, and Valuations at Christie's, joins Cheddar Reveals to discuss what to look for when evaluating a piece, building a collection, and the growing interest from millennial investors.
White House May Extend Payment Pause On Student Loans
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
Propel Raises $50 Million to Provide Financial Tools to Low-Income Americans
Mission-driven fintech company Propel raised $50 million in a Series B round led by Nyca Partners. Propel's mission is to help low-income Americans improve their financial health. The company's free app is called Providers, designed as a one-stop-shop for Americans to manage government benefits and other income side-by-side. Jimmy Chen, founder and CEO of Propel, joins Cheddar News' Closing Bell to discuss.
Russia Reportedly Seeking Aid From China for Ukraine War
Russia may be asking China for help with its war in Ukraine, according to several reports citing unnamed U.S. officials. Russia is reportedly calling on its ally for military and economic assistance, in an attempt to avoid punishment from sanctions imposed by the U.S., Europe, and Asia, which have hammered Russia's economy. Chinese and Russian officials denied the reports. Meanwhile, top U.S. and Chinese officials are meeting today, with both countries confirming the conflict in Ukraine will be the meeting's main topic. Edward Wong, diplomatic correspondent for the New York Times, joins Cheddar News' Closing Bell to discuss.
Planned Parenthood CEO on Texas Supreme Court Ruling Against Abortion Providers
Following the Texas Supreme Court's decision to end further challenges against the latest abortion restrictions, Texas saw a 60 percent decrease in abortions performed in the state — with an exodus of patients seeking care in other parts of the country. President, and CEO of Planned Parenthood Federation of America, Alexis McGill Johnson, joined Cheddar News at South by Southwest 2022 to discuss the impact of the court's ruling on reproductive health care in the Lone Star State and beyond.
Load More