These are the headlines you Need 2 Know. * **North Korean Military Parade Signals Change in Tone:** Tens of thousands of civilians attended North Korea’s annual military parade on Sunday to celebrate the 70th anniversary of the country’s founding. Pyongyang, where the event is located, has historically seen the parade as a major propaganda event, or a way to tout intercontinental ballistic missiles. But this year marks a departure. The parade focused on conventional arms and economic development, and North Korean leader Kim Jong Un said he is upholding the U.S. nuclear deal. Read more [here](https://www.reuters.com/article/us-northkorea-anniversary-military-parad/north-korea-military-parade-features-floats-and-flowers-not-missiles-idUSKCN1LP045). * **Hurricane Florence Threatens East Coast:** The storm is expected to make landfall along the southeast of the mid-Atlantic coast as early as Thursday and may be the most powerful to hit the area in three decades. After rapidly gaining strength Monday morning, the storm is expected to become a Category 4. Bermuda and portions of the East Coast have begun to feel the storm’s wrath; South Carolina, North Carolina, and Virginia have already declared states of emergency. Track the storm [here](https://www.nhc.noaa.gov/refresh/graphics_at1+shtml/144100.shtml?cone). * **Les Moonves Steps Down After Damning Report:** Just hours after the New Yorker published a scathing report of decades of sexual harassment and assault by the CBS CEO, the company's board announced Moonves's resignation Sunday afternoon. The chief of 15 years continues to deny the allegations of sexual misconduct and has called the latest article “appalling.” CBS has said it will donate $20 million to organizations that support gender equality in the workplace. Moonves could still reportedly receive a severance payment of up to $120 million, pending an independent investigation. Read more [here](https://www.nytimes.com/2018/09/09/business/les-moonves-longtime-cbs-chief-may-be-gone-by-monday.html). * **Anniversary of Financial Crisis:** This month marks a decade since Lehman Brothers collapsed and the U.S. financial crisis began. Stocks dropped 45 percent in six months from September 2008 to March 2009, and 8 million jobs were lost in the ensuing recession. Ten years after the financial crisis, there are some “important takeaways that haven’t really sunk in.” [Read Lehman’s Lessons](https://www.wsj.com/articles/lehmans-lessons-10-years-later-1536255748). * **The End of Tesla's Reign?** Tesla shares are rebounding Monday after a tumultuous start to the weekend. After the CEO smoked pot during an interview with comedian Joe Rogan, and the company’s chief accountant and top HR exec departed, Tesla shares dropped 7 percent on Friday. Tesla short-seller Mark Spiegel predicted, “Elon Musk is going to destroy this company.” In addition to internal turmoil, Tesla is about to face its first wave of real competition with Jaguar, Mercedes-Benz, Audi and Porsche, all in production mode on luxury electric vehicles. Read more on [Cheddar](https://www.cheddar.com/videos/tesla-is-about-to-be-destroyed-by-competition-short-seller). * **‘Fitzmagic’ Leads Bucs to Surprise Victory Over Saints:** Buccaneers quarterback Ryan Fitzpatrick threw four touchdown passes and set the Tampa Bay record for passing yards in Sunday’s season opener with a 48-40 victory against the favored New Orleans Saints. The Bucs have been practicing all summer with Fitzpatrick as the quarterback. Starter Jameis Winston’s was suspended for three games after violating the NFL’s personal conduct policy. Read more [here](http://www.espn.com/blog/tampa-bay-buccaneers/post/_/id/21187/fitz-magic-might-help-bucs-survive-brutal-opening-stretch). * **A Women's Final for the History Books:** The controversial U.S. Open women’s final ended tearfully for both players when Naomi Osaka defeated Serena Williams 6-2, 6-4 on Saturday. Williams received three code violations: a warning for being illegally coached, breaking her racket on the court, and “verbal abuse” of the chair umpire. These violations cost her a point, a game penalty, and $17,000 in fines from the U.S. Open’s referee office. Many, including Williams herself, have spoken out to say she fell victim to a double standard in the sport. Read more [here](https://www.washingtonpost.com/sports/tennis/at-us-open-power-of-serena-williams-and-naomi-osaka-is-overshadowed-by-an-umpires-power-play/2018/09/08/edbf46c8-b3b4-11e8-a20b-5f4f84429666_story.html?utm_term=.99a11b87a619). * **In Other U.S. Open News:** Novak Djokovic beat Juan Martin del Potro in straight sets on Sunday to win his third U.S. Open and 14th Grand Slam title. Read more [here](https://www.telegraph.co.uk/tennis/2018/09/10/tennis-podcast-us-open-2018-day-14dominant-novak-djokovic-draws/). * **Brad Pitt Sued by Residents of New Orleans:** Formed in 2008 to help locals return to their homes after Hurricane Katrina, the actor's “Make it Right” foundation is being sued for selling discounted “defective” houses. The proposed class action suit filed on Friday accuses the foundation of unfair trade practices, breaches of contract, and fraud. According to the complaint, Make It Right had identified multiple issues in certain buildings’ materials and designs but failed to alert homeowners. “The homeowners are gravely concerned that their homes, which suffer serious structural problems, will not last as long as their mortgages,” the complaint stated. Read more [here](https://www.nbcnews.com/news/us-news/brad-pitt-sued-new-orleans-residents-who-say-make-it-n907656). * **John Legend Makes History** The singer-songwriter won an Emmy on Sunday for producing “Jesus Christ Superstar Live in Concert,” in which he also starred in as the titular character. Legend, 39, is the first African-American man, and one of the youngest individuals ever, to have received an Emmy, Grammy, Oscar, and Tony ー achieving the coveted "EGOT" status that only includes 14 others, including actress Audrey Hepburn and comedian Mel Brooks. Read more [here](https://www.cnn.com/2018/09/10/entertainment/john-legend-egot-win/index.html). Cheddar's Jill Wagner gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).
