These are the headlines you Need 2 Know. * **Virginia Scandals:** Virginia’s attorney general became the second top Democrat in the state to admit to wearing blackface decades ago. Mark Herring apologized for darkening his skin while dressing up as a rapper in college. His apology follows the state’s governor admission that he wore blackface to imitate Michael Jackson after his yearbook page emerged showing a man in blackface and another in a KKK robe. Meanwhile, the woman who accused the lieutenant governor of sexually assaulting her in 2004 went public with details about the alleged encounter. Read more [here](https://www.politico.com/story/2019/02/06/virginia-scandals-governor-attorney-general-1154315). * **Hot in Here:** Last year was hot. According to data released by NASA, 2018 was the fourth-hottest year on record since record-keeping began in 1880. The last five years have been the five warmest on record. A NASA scientist says “the planet is warming” and the cause is an increase of greenhouse gases. Read more [here](https://www.npr.org/2019/02/06/692060375/2018-was-earths-fourth-hottest-year-on-record-scientists-say). * **ISIS Fight:** Sec. of State Mike Pompeo attempted to reassure allies that withdrawing U.S. troops from Syria does not signal “the end of America’s fight” against ISIS, and rather amounts to a “tactical change.” In the State of the Union address, President Trump said the terrorist group has been almost completely defeated. Read more [here](https://www.aljazeera.com/news/2019/02/pompeo-reassures-allies-commitment-defeat-isil-190206151647837.html). * **Bird Strikes:** Birds strike planes more than 40 times a day, according to FAA data acquired by USA Today. In 2018 alone, civilian flights reported 14,661 collisions with wildlife. The most well-known bird strike happened ten years ago when Chesley “Sully” Sullenberger safely landed a plane on the Hudson River. Read more [here](https://www.usatoday.com/story/news/nation/2019/02/06/bird-strikes-airplanes-wildlife-federal-aviation-administration-data-sully-sullenberger/2613893002/). * **JCPenney:** JCPenney is getting out of the home appliance business. The ailing department-store chain says it will stop selling major home appliances at the end of the month, and also announced that furniture will only be available for purchase online. The company hasn’t turned a profit since 2010. Read more [here](https://www.cnn.com/2019/02/06/investing/jcpenney-appliances/index.html). * **Tipping:** Instacart, the grocery delivery app, has reversed a policy that sparked uproar online when it was revealed that the company was using customer tips to subsidize the wages of its gig workers. The about-face follows successful campaigns for better pay from Uber and Lyft drivers and Postmates deliverers. Read more [here](https://www.buzzfeednews.com/article/carolineodonovan/after-scrutiny-instacart-will-end-its-controversial-tipping). * **Blackface Sweater:** Gucci has stopped selling a sweater that critics say resembles blackface. The black wool sweater that covers the nose and has a red cut-out for the mouth was selling for nearly $900. The company has apologized. Read more [here](https://www.nbcnews.com/news/world/gucci-apologizes-stops-selling-890-blackface-sweater-n968681). * **Spotted:** What appears to be Jennifer Lawrence’s engagement ring. The photo was snapped before the actress recently announced to fans that she’s engaged to art gallery director Cooke Maroney. Read more [here](https://www.dailymail.co.uk/tvshowbiz/article-6674969/Jennifer-Lawrence-flashes-HUGE-ring-finger-confirming-engagement.html). * **Grande & Grammys:** Ariana Grande, who was supposed to be performing at the Grammys, won’t even be attending the awards. Grande reportedly pulled out after an argument with producers over which songs she would perform. Read more [here](https://variety.com/2019/music/news/ariana-grande-not-attending-grammys-after-disagreements-with-producers-1203129734/). * **Name Taster:** A Glasgow woman has a unique talent ーwhich is actually a medical condition ー that leads her to "taste" something every time a word is spoken. After Julie McDowall went public on social media with her condition, called synaesthesia, she’s reportedly been bombarded with millions of requests. Read more [here](https://www.bbc.com/news/uk-scotland-glasgow-west-47129953). Cheddar's Jill Wagner gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Politics
Parade Ramage, Booster Campaign & 'Black Friday Creep'
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
Stocks Close Monday at Session Lows
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
Markets, Treasuries Tick Up Amid Jerome Powell's Re-Nomination to Fed Chair Position
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
Biden Choice to Keep Jerome Powell at Fed Was 'Path of Least Resistance'
President Joe Biden named Jerome Powell, initially appointed by President Trump, to keep his seat as the chair of the Federal Reserve on Monday amid the ongoing challenges of the pandemic, inflation, and unemployment. David Beckworth, a former international economist for the Treasury Department and a senior fellow with the Mercatus Center, joined Cheddar to discuss what he sees as the practicality of Biden's decision. "What Powell brings to the table is he's built up political capital with Republicans and Democrats," he said. "It's easy for him to get the job done. I think in one way he was the path of least resistance for the president."
Elizabeth Holmes to Resume Theranos Testimony
In a surprise turn of events, Elizabeth Holmes took the stand in her own defense on Friday and is expected to continue her testimony later today. Holmes, who founded a blood testing start-up Theranos back in 2003, faces 11 counts of wire fraud as well as conspiracy to commit wire fraud. Aron Solomon, Chief Legal Analyst, Esquire Digital joined Cheddar's Opening Bell to discuss.
Load More