These are the headlines you Need 2 Know. * **Divided Government:** The government may not be open, but it is, for the first time in two years, officially divided. The 116th Congress will gavel into session today, at which point Rep. Nancy Pelosi will become House speaker for the second time and the most powerful elected woman in U.S. history. Among the first orders of business for newly-empowered Democrats will be a vote on rule changes to promote diversity and attack the deficit, and short-term funding legislation that would reopen the government but is unlikely to pass the Senate. Read more [here](https://thehill.com/homenews/house/423517-dems-unveil-rules-package-to-promote-diversity-hit-deficit). * **The Wall:** A meeting between President Trump and congressional leaders failed to break an impasse over the border wall, with Trump reportedly saying he would “look foolish” if he reopened the government while the two sides continued to negotiate. Earlier, in a televised cabinet meeting, Trump repeated several false claims about immigration and praised the former Soviet Union for invading Afghanistan in 1979. Read more [here](https://www.washingtonpost.com/politics/a-defensive-trump-calls-a-cabinet-meeting-and-uses-it-to-boast-deflect-and-distract/2019/01/02/21600a3a-0ec3-11e9-8938-5898adc28fa2_story.html?utm_term=.2c8d0874c094). * **Dark Side of the Moon:** China successfully landed a rover on the far side of the moon, according to state media. It’s a historic first for human space exploration. The rover completed a “bull’s-eye” touchdown with help of its own satellite, which relayed information to Earth since radio frequencies can’t reach that side of the moon. The rover has already sent back its first images. See the pics [here](https://www.cnn.com/2019/01/02/health/china-lunar-rover-far-moon-landing-intl/index.html). * **BP Meds Recall:** A blood pressure medication is being recalled after officials say trace amounts of a possible cancer-causing chemical were discovered. The medications being recalled ー 80 lots of them ー are Amlodipine Valsartan Tablets, Valsartan HCTZ Tablets, and Valsartan Tablets. They’re made by Aurobindo Pharma USA. Read more [here](https://www.cbsnews.com/news/blood-pressure-medication-recall-aurobindo-pharma-valsartan-amlodipine-trace-amounts-carcinogen-chemical-ndea/). * **Apple’s Warning:** Apple’s CEO Tim Cook is warning investors that the company’s upcoming earnings report will show slowing sales. Cook says there were fewer iPhone upgrades than expected in China and puts some of the blame on the ongoing trade war. The warning, which came via a public letter to investors, is a rare one from the company and sent shares tanking. Read more [here](https://www.nbcnews.com/tech/tech-news/apple-warns-investors-iphone-sales-are-slowing-n954006). * **Bob Einstein:** Bob Einstein, a comedian whose career spanned more than 50 years and is today perhaps best known for his role as the deadpan Marty Funkhouser on "Curb Your Enthusiasm," died at 76. Einstein began his career on the Smothers Brothers in the 1960s. Read more [here](https://deadline.com/2019/01/bob-einstein-dead-curb-your-enthusiasm-super-dave-osborne-smothers-brothers-1202527938/). * **Big Soccer $$$:** Christian Pulisic is officially the most expensive American soccer player of all time. Pulisic, 20, will be paid nearly $73 million to play for Chelsea, but in the meantime is finishing out his season with Dortmund, a German club he’s played for since he joined at 16. Read more [here](https://www.npr.org/2019/01/02/681660236/with-73-million-deal-christian-pulisic-is-most-expensive-u-s-soccer-player-ever). * **Spotted:** Madonna, with what some fans are speculating to be butt implants. The singer appeared in New York City on New Year’s Eve with what appeared to be a larger backside. See pics [here](https://www.dailymail.co.uk/tvshowbiz/article-6548273/Madonna-fans-question-singer-butt-implants.html). * **Kim & Kanye:** Kim Kardashian and Kanye West are reportedly expecting a fourth child via surrogate. The baby is said to be due in early May. Read more [here](https://www.usmagazine.com/celebrity-news/news/baby-no-4-kim-kardashian-and-kanye-wests-surrogate-pregnant-with-a-boy/). * **Netflix Censored:** Hasan Minhaj is speaking out after Netflix removed an episode of his comedy show from Saudi Arabia. In the pulled episode, Minhaj is critical of the country in the wake of the murder of journalist Jamal Khashoggi. Minhaj tweeted: “Clearly, the best way to stop people from watching something is to ban it, make it trend online, and then leave it up on YouTube.” He also pointed out “the world’s largest humanitarian crisis is happening in Yemen right now.” Read more [here](https://www.cnbc.com/2019/01/03/hasan-minhaj-responds-to-netflix-pulling-patriot-act-episode-in-saudi-arabia.html). * **Leftovers:** The Mediterranean diet is the best way to eat in 2019, according to the annual U.S. News & World Report rankings. It also named the fish-heavy, low in sugar, red meat and saturated fats diet the easiest plan to actually follow. See the list [here](https://health.usnews.com/best-diet). Cheddar's Hena Doba gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Business
What To Know About 2022 Tax Season
Tax season is now underway, and it's going to be a bit different than in years past. For starters, the deadline is April 18, instead of the typical April 15th, and many Americans will need to account for advance child tax credit payments, the return of the recovery rebate credit, and a special break for charitable contributions, among other things. Brent Weiss, Co-Founder and certified financial planner at Facet Wealth, tells us what we need to know about filing our taxes this year, and when we can expect to receive our returns.
Biden Touts Intel's Chip Factory Plans Amid Shortages
American semiconductor company, Intel officially announcing plans to build a new $20 billion chip manufacturing complex outside Columbus, Ohio. This comes as the global chip shortage continues to hamper production of everything from smart phones, to cars. Jennifer Smith - Logistics and Supply Chain Reporter, WSJ joined Cheddar's Opening Bell to discuss.
5G Service Rolled Out Across United States
Verizon and AT&T officially launched their 5G wireless services Wednesday across the U.S. Despite pushback from U.S. airlines and the FAA over safety concerns, the telecom giants rolled out the next generation of wireless cellular technology, with speeds up to 20 times faster than 4G LTE. John Biggs, Editor, Tech Crunch joined Cheddar's Opening Bell to discuss.
This Week in Earnings: Microsoft, Apple, Tesla, GM
Earnings season kicks into high gear this week as big players are on tap to report their Q4 numbers, including Microsoft, Apple, and Tesla. Investors will be watching for key indicators on how the companies are dealing with inflation, Omicron and interest rates. Christine Short, VP of Research, Wall Street Horizon joined Cheddar's Opening Bell to discuss.
New Tech Firm PulseForge Looks to Reduce Emissions From Manufacturing
Stan Farnsworth, chief marketing officer at PulseForge, joined Cheddar to talk about his company's debut at CES 2022 and how it plans to innovate the sustainable tech manufacturing space. PulseForge is bringing a new approach to industrial thermal processing, which contributes to 30 percent of global greenhouse gas emissions, according to Farnsworth. "By using 85 percent less energy in the processing of materials through a variety of manufacturing processes, we can make a direct impact in reducing carbon output and reducing carbon footprint associated with manufacturing," he said.
Brick and Mortar Retail Still Holds Value as Kohl's Attracts Prospective Buyers
Oliver Chen, senior retail analyst at Cowen, joined Cheddar's "Opening Bell" to discuss the latest details about department store chain Kohl's after it received at least two offers from buyers to take the company private. Chen stated that Kohl's is an attractive landing spot for prospective buyers because of its premium real estate and undervalued stock prices. He also noted that despite the rise in online shopping, there is still room for brick and mortar shops to flourish. "We're very bullish on bricks meets clicks. The integration of stores and digital," Chen told Cheddar. "People love to return items in stores, people love the treasure hunt of shopping and the convenience and immediacy of stores."
Load More