These are the headlines you Need 2 Know. * **Massive Hack:** Marriott revealed its Starwood reservation system was breached, involving the personal information ー including passport and credit card numbers ー of 500 million guests. The company is saying the guest database may have been compromised since 2014. This would be the biggest security breach since Yahoo had all of its user data hacked, though this has likely exposed more sensitive information. Read more [here](https://www.bloomberg.com/news/articles/2018-11-30/marriott-found-unauthorized-starwood-database-access-since-2014-jp3xbq64). * **Russia Plea:** Michael Cohen, President Trump’s former lawyer, made a surprise appearance in federal court where he pleaded guilty to a charge from the special counsel’s investigation into Russian collusion. Cohen admitted to prosecutors that he negotiated on behalf of Trump to build a tower in Moscow well into the 2016 campaign, and that he lied about it to Congress to protect his former boss. Trump responded by calling Cohen “a weak person.” Read more [here](https://www.washingtonpost.com/politics/individual-1-trump-emerges-as-a-central-subject-of-mueller-probe/2018/11/29/e3968994-f3f7-11e8-80d0-f7e1948d55f4_story.html?stream=top&utm_campaign=sendto_newslettertest&utm_medium=email&utm_source=newsletter&utm_term=.e1edb3f59bf5). * **Russia Gift:** At the heart of Cohen’s plea agreement is a bombshell report that President Trump’s company planned to gift a $50 million penthouse in that Moscow tower to Vladimir Putin, in order to entice other wealthy Russians to move in. Trump responded on Twitter that he “lightly looked at” doing a development in Moscow and running his business while running for president was “very legal & very cool.” Trump has repeatedly said he had “nothing to do with Russia. Read more [here](https://www.buzzfeednews.com/article/anthonycormier/the-trump-organization-planned-to-give-vladimir-putin-the?ref=bfnsplash). * **Trump Cancels on Putin:** President Trump canceled his planned meeting with Vladimir Putin that was scheduled for this weekend at the G20 summit. Trump said he wouldn’t meet with Putin until a maritime skirmish between Russia and Ukraine was resolved. He tweeted the cancellation an hour after telling reporters he thought it was a “very good time” to have a meeting with the Russian leader. Read more [here](https://www.theguardian.com/world/2018/nov/29/trump-putin-g20-meeting-buenos-aires). * **Payless, Paymore:**Payless Shoesource opened a mock luxury store to fool influencers ー and it worked. The discount footwear company opened up the temporary store in Santa Monica, filled it with its $20 and $40 shoes, named it “Palessi” and marked the shoes up ー as high as $645 a pair. People purchased the shoes, complimented the quality and later learned they’d been duped. Read more [here](https://www.cbsnews.com/news/payless-sold-discount-shoes-at-luxury-prices-and-it-worked/). * **Starbucks Porn:** Starbucks says it will start blocking porn and illegal content on its Wi-Fi network in stores. The company first said it would do so two years ago, but still has not implemented Wi-Fi filters. Read more [here](https://www.npr.org/2018/11/29/672028823/starbucks-moves-to-block-porn-from-free-wi-fi-networks). * **G20:** The gathering of leaders from the world’s 20 biggest economies is underway in Buenos Aires, amid concerns about climate change, the war in Yemen, and a trade war between the U.S. and China. Saudi Crown Prince Mohammed Bin Salman will be in attendance, his highest profile public appearance since the death of Jamal Khashoggi. Read more [here](https://www.bbc.com/news/world-latin-america-46395758]). * **Steph Curry:** NBA superstar Steph Curry personally responded to a 9-year-old California girl who wrote him a letter asking why his Curry 5 sneakers weren’t available on the girl’s section of the Under Armour website. Curry said: “We are correcting this NOW!” and sent the girl a pair of the sneaks for free. Read more [here](https://www.sbnation.com/nba/2018/11/29/18117984/steph-curry-shoes-letter-girl-sizes). * **Chopra/Jonas Wedding:** Nick Jonas and Priyanka Chopra are getting married this weekend at a palace in India. The wedding is a three-day event that will reportedly include two services: one is a traditional Indian wedding and the other a Christian service. Read more [here](https://www.goodmorningamerica.com/culture/story/priyanka-chopra-nick-jonas-details-epic-day-indian-59495827). * **Crypto Scheme:** DJ Khaled and Floyd Mayweather Jr. were charged with fraud by the SEC for promoting a cryptocurrency offering without revealing to potential investors that they were being paid. The music producer and boxer settled with regulators and will not be able to promote any investments for two to three years. Read more [here](https://www.cnn.com/2018/11/29/tech/dj-khaled-floyd-mayweather-coin-crypto-sec/index.html). * **Southwest Apology:** Southwest Airlines has apologized after a gate agent allegedly made fun of a 5-year-old passenger’s name: Abcde. The girl’s mom says the agent took a photo of the child’s boarding pass and posted it on social media. Read more [here](https://www.nbcnews.com/news/us-news/southwest-airlines-apologizes-employee-laughing-5-year-old-passenger-named-n941766). Cheddar's Hena Doba gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Business
Competition in Auto Industry Revving Up at Start of 2022
Garrett Nelson, Senior Analyst and VP of Equity Research at CFRA Research, joins Cheddar News' Closing Bell, where he breaks down where automakers like Ford, Tesla, Rivian, and Lucid currently stand at the start of 2022 and what we should expect to transpire in the upcoming year.
Milo Unveils World's First Crypto Mortgage
Fintech startup Milo has launched what it says to be the world's first crypto mortgage. As part of the offering, clients will be able to use Bitcoin as collateral to purchase property and qualify for a 30-year loan. Josip Rupena, CEO and Founder of Milo, joins Cheddar News' Closing Bell, where he explains how this offering is a winning solution for crypto investors who want to invest in real estate.
BigPanda Raises $190 Million in Funding at $1.2 Billion Valuation
Software company BigPanda recently raised $190 million in Series D funding, led by Advent International and Insight Partners. The funding round gives the company unicorn status with a $1.2 billion valuation. BigPanda develops A.I. software that detects and analyzes problems in I.T. systems. The company says it aims to be the solution for other companies that do not have enough manpower to manage their data, as more and more industries continue to build a broader digital presence. BigPanda co-founder and CEO Assaf Resnick joined Cheddar News' Closing Bell to discuss.
AT&T, Verizon Delay 5G Rollout Near Airports Amid Safety Concerns
AT&T and Verizon have agreed to delay activating their 5G services around airports due to safety concerns. This comes after major U.S. airlines voiced their concern over the rollout of 5G technology, warning of an impending "catastrophic" aviation crisis. Hugh Odom, founder and president of Vertical Consultants, telecom expert, and former AT&T attorney, joined Cheddar Movers to discuss.
Bank Shares Decline Despite Q4 Revenue Beat
Melissa Armo, founder and CEO of The Stock Swoosh, breaks down the factors affecting profitability for banks this year and highlights opportunities within the financial sector.
Manufacturers Take New Pricing Actions to Grapple with Inflation
While more inflation means higher prices, some businesses are looking for alternatives to avoid scaring off their customers. 'Shrinkflation,' a fancy word for downsizing, happens when companies reduce the size or quantity of their products while still charging the same prize... or even more. Chris Markowski, 'Watchdog on Wall Street' host and president of Markowski Investments, joins Cheddar News to discuss.
Bank of America and Wells Fargo Make Changes to Overdraft Fees
The list of banks reducing or cutting overdraft fees has just grown. Both Bank of America and Wells Fargo have announced plans to end non-sufficient funds and overdraft fees. It's a move that economists are calling 'brilliant,' and is sure to hike up the pressure on large national and regional banks to follow in their footsteps. Greg McBride, the chief financial analyst at Bankrate, joins Cheddar News to discuss.
‘Nude Barre’ Sets the Tone For Inclusivity in Bodywear
In fashion, the term "nude" is a common description of a shade slightly darker than champagne with a hint of blush or peach, but how does that translate to the wearer's skin tone? One shapewear brand's mission is to make sure "nude" is as inclusive as possible. Erin Carpenter, founder of Nude Barre, joined All Hands to discuss.
Senate Bills to Reign in Big Tech Anticompetitive Practices Could Hurt Consumers
Tech giants Meta, Amazon, Alphabet, and Apple are faced with a bipartisan antitrust legislation effort underway in the Senate Judiciary Committee. The companies stand accused of promoting their own goods and services over smaller competitors on their platforms, holding too much monopolistic power via their app stores and services. Adam Kovacevich, founder and CEO of Chamber of Progress, a technology industry trade group, joined Cheddar to argue that the bills that are being debated currently could end up hurting consumers, rather than helping.
Load More