These are the headlines you Need 2 Know. * **Michael Pushes Ahead, Weakens:** Hurricane Michael made landfall near Mexico Beach and Panama City, Fla., on Wednesday afternoon and became the strongest storm to hit the continental United States in decades. The Category 4 storm weakened as it moved inland through the Florida Panhandle into Georgia and was downgraded to a tropical storm early Thursday morning. At least two people have died and more than 800,000 customers have lost power in Alabama, Georgia, Florida, and South Carolina. Michael is now heading for the Carolinas, which are still recovering from Hurricane Florence. Read more [here](https://www.businessinsider.com/hurricane-michael-strongest-storm-in-50-years-2018-10). * **Emergency Astronaut Landing:** A NASA astronaut and a Russian cosmonaut were forced to perform an emergency landing after the booster on their rocket suffered an apparent failure minutes after liftoff on Thursday. The Russian Soyuz rocket was headed to the International Space Station but had to make an emergency landing in Kazakhstan. NASA reported early Thursday morning that search and rescue teams have reached the landing site, and the two crew members “are out of the capsule and are reported to be in good condition.” Read more [here](https://www.cbsnews.com/news/soyuz-rocket-launch-abort-mission-iss-nasa-astronaut-russians-ballistic-descent/). * **Dow Plunges, Markets Quiver:** The Dow fell over 800 points on Wednesday, marking the third-worst point decline in history. All 30 Dow stocks were in the red, and major indexes saw their biggest point drop since February. President Trump said on Wednesday that he thought the Fed “has gone crazy” in raising rates. Stocks in Asia and Europe were lower Thursday morning, suggesting the rout may continue. Read more on [Cheddar](https://cheddar.com/videos/dow-tumbles-as-investors-flee-tech). * **Election Day Bomb Plot:** Federal authorities have charged a New Yorker with building a 200-pound bomb that he allegedly planned to detonate at the National Mall in Washington, DC, on election day. Prosecutors said Paul Rosenfeld, 56, planned to use the bomb to kill himself and draw attention to a political system called “Sortition,” in which public officials are not elected, but chosen at random. The FBI discovered the bomb in Rosenfeld’s basement during a raid on Tuesday. Read more [here](https://www.apnews.com/3ac69f349383457eb9ace188d18a3380). * **Missing Journalist Update:** U.S. intelligence officials reportedly have obtained more evidence to implicates the Saudi regime in the disappearance of Washington Post columnist Jamal Khashoggi. Saudi Crown Prince Mohammed bin Salman personally ordered an operation to lure Khashoggi back to Saudi Arabia from his home in Virginia and detain him, according to U.S. intelligence intercepts of Saudi officials. Turkish officials believe that Khashoggi, a prominent critic of the Saudi government, was killed inside of the Saudi Consulate in Istanbul, Turkey on Oct. 2. Read more [here](https://www.washingtonpost.com/world/national-security/crown-prince-sought-to-lure-khashoggi-back-to-saudi-arabia-and-detain-him-us-intercepts-show/2018/10/10/57bd7948-cc9a-11e8-920f-dd52e1ae4570_story.html?utm_term=.fd68ce356f5b). * **Limo Crash Arrest:** The operator of the limousine company involved in the crash that killed 20 people was arrested on Wednesday in upstate New York, just four days after the accident. Almost immediately after the crash, investigators focused on the limousine company, which has repeatedly violated safety protocol. George P. Beach II, the superintendent of the State Police said, “The sole responsibility for that motor vehicle being on the road this Saturday rests with Nauman Hussain.” Hussain, 28, has pleaded not guilty to criminally negligent homicide and was released on bail Wednesday. Read more [here](https://www.nytimes.com/2018/10/10/nyregion/nauman-hussain-arrested-limo-crash.html?action=click&module=Well&pgtype=Homepage§ion=New%20York). * **National Coming Out Day:** Facebook has unveiled a new feature that allows users to choose the “Came Out” option as a “Major Life Event” on their profiles. This feature was added to recognize National Coming Out Day on Oct. 11. See it [here](https://www.nbcnews.com/feature/nbc-out/honor-national-coming-out-day-facebook-unveils-came-out-feature-n918811). * **AT&T v. Netflix:** The wireless carrier announced on Wednesday that it will launch its own streaming service to rival Netflix. The new service will be HBO-focused and feature other content from AT&T’s recent acquisition, HBO parent company WarnerMedia. The move comes as tech giants like Apple and Amazon begin to produce and distribute their own content. The service will be available next year. Read more [on Cheddar](https://cheddar.com/videos/hbo-ceo-richard-plepler-we-will-invest-a-lot-more-in-content). * **Channing & Jessie J:** Channing Tatum has been dating singer Jessie J for several months, US Weekly reported Wednesday. The “Magic Mike” actor and Jenna Dewan, his wife of nine years, announced their split six months ago. Read more [here](https://www.usmagazine.com/celebrity-news/news/channing-tatum-is-dating-jessie-j-after-jenna-dewan-divorce/). * **Squirrel on a Plane:** The Orlando PD removed a woman from a Frontier Airlines plane on Tuesday night after she brought a squirrel on board as her “emotional support animal.” The woman refused to get off the plane when she was informed that rodents, including squirrels, weren’t permitted on Frontier flights. Read more [here](https://abcnews.go.com/US/woman-removed-plane-boarding-emotional-support-squirrel/story?id=58400567). Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Technology
Fireside Sparks the Future of Entertainment With Interactive Content, Creative Ownership
The future of entertainment is interactive, according to the creators of the Fireside app. Mark Cuban and Falon Fatemi say that more and more, audience members will want to be part of the live content they are watching, and Fireside helps content creators do just that. They can create a live audience Q&A, facilitate a discussion, and more, all with the click of a button in the app. Creators also have full control of how they distribute and monetize each piece of content they create. Fatemi, CEO & Co-Founder of Fireside, joins Cheddar to discuss the app's interactive content features, what users and creators can get out of the app, plans for NFT and other virtual products, and more.
Forecasting the Weather With Atmo's Game-Changing Supercomputer
Predicting the weather is always a tall task, but it's even more difficult in third-world countries. Atmo is looking to make it easier for the world to forecast the weather with its game-changing Supercomputer. Atmo's CEO Alexander Levy and VP of Government Relations Anna Prouse joined Cheddar News' Closing Bell to talk all about the company's supercomputer and its impact in Uganda.
Cryptocurrencies in Focus as Fed Decision Looms and Volatility in Crypto Market Continues
Tim Davis, Partner and Executive Managing Director at Steward Partners, joins Cheddar News' Closing Bell, where he discusses what activity we could expect to see from the crypto market this week as the Fed decision approaches, the prices of Bitcoin and Ether struggle to find a spark, and the industry continues to digest President Biden's executive order on crypto.
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.
Slingshot Aerospace Raises $25 Million to Improve Space Sustainability
Slingshot Aerospace, a company focused on the future of space sustainability, raised $25 million in its latest Series A funding round. The company's projects will allow commercial, government, and civil satellite operators to share traffic information. Slingshot Aerospace's co-founder and CEO Melanie Stricklan joined Cheddar News' Closing Bell to talk about the up-and-coming company.
Ukrainian Drone Company Volunteers Its Tech to War Effort
A Ukrainian drone company is using its technology to help defend its home nation during the ongoing war with Russia. Valerii Iakovenko, co-founder and CEO of DroneUA, joined Cheddar News to discuss its efforts to help against the invasion. "These drones can be used to do strikes more precise and even cheap drones, even simple technologies can help to make a defensive possibilities more precise," he said.
Ford Plans to Expand Electric Vehicle Sales to Europe Despite Chip Constraints
Ford has released its plans to grow its electric vehicle business to Europe — despite a potential lack of full features due to the ongoing chip shortage. Dan Ives, managing director of equity research at Wedbush, joined Cheddar News to talk about the challenges facing the automaker. "I mean for them, it's really a Catch-22 because they can't lose out on demand," he said. "And they're having to make some tough decisions." He noted that Ford's stock is under pressure even as the electric vehicle play is the right long-term decision.
Load More