Here are the headlines you Need2Know for Wednesday, April 7, 2021:

COVID-19: LATEST DEVELOPMENTS

All adults in the U.S. should now be eligible for vaccination no later than April 19, President Biden said, shaving two weeks off his earlier deadline. California will fully reopen its economy on June 15 but will keep the statewide mask mandate in place for the time being. Dr. Fauci says he thinks vaccination uptake is going to keep the U.S. from a fourth wave, but urged people to keep mitigation efforts in place. REUTERS

'60' BLOWBACK

CBS News and 60 Minutes are facing backlash over a story from last weekend that focused on Florida Gov. Ron DeSantis and the state’s vaccine partnership with the grocer Publix. The piece suggested that there may have been a “pay to play” situation between the governor’s office and Publix, given that the company had made a hefty donation to DeSantis’ reelection campaign. But several Florida officials, including Democrats, say Publix was recommended as a partner to the governor because it was ready to start vaccinating immediately. CBS is standing by the story. CNN

ARK TRANSGENDER LAW

Arkansas lawmakers overrode a veto by the governor to make the state the first in the country to ban gender confirming treatment for transgender minors. Gov. Asa Hutchinson, a Republican, said the legislature went a “step way too far” in enacting the ban, especially because it doesn’t grandfather in young people currently under hormone treatment. "The Republican Party that I grew up with believed in a restrained government that did not jump in the middle of every issue,” he said. NPR

IRAN TALKS

The U.S. and Iran agreed through European intermediaries to begin the process of getting both countries back into compliance with the nuclear deal, a small first step toward reviving that agreement. Tehran wants the U.S. to lift sanctions first, while Washington insists that the Iranians comply with the original terms of the deal first. Both sides called the first day of talks constructive. AL JAZEERA

ECONOMIC OUTLOOK

The U.S. economy is getting ready to take off like a rocketship. The IMF is predicting that America is set to lead the world in a post-COVID boom, estimating the U.S. economy will grow 6.4 percent in 2021, the fastest rate in decades. That’s nearly double the rate it was predicting just six months ago. The global economy is expected to grow by 6 percent. The IMF credited the rapid vaccine rollout in the U.S. for its new forecast, saying the end of the pandemic is “increasingly visible.” NPR

RICH GET RICHER

Last year was terrible for just about everyone -- with an exception for the world’s very, very rich. According to the annual Forbes billionaires list, Jeff Bezos is once again in the top spot, followed by Elon Musk, who was the biggest gainer thanks to Tesla’s soaring share price. Bernard Arnault, Bill Gates and Mark Zuckerberg round out the top five. In other notable entries, Kim Kardashian made the list for the first time and Donald Trump dropped 300 spots. Despite -- or because of -- the pandemic, there was a $5 trillion surge in wealth and a record number of new billionaires added to the list. FORBES

ALL STAR MOVE

The MLB All-Star Game will now be held at Coors Field in Denver after the league moved it from Atlanta in response to the Georgia voting law. That controversial decision has led to backlash from Republicans, some of whom are threatening to revoke the MLB’s antitrust exemption. Cobb County, Ga., where the game would have been played, has estimated that losing it will cost the region $100 million. ESPN

HARRY & MEGHAN'S FIRST DOC

Prince Harry and Meghan Markle’s production company has announced its first docu-series for Netflix. Heart of Invictus will follow wounded veterans training for the 2022 Invictus Games. Harry will executive produce and appear in the series, which is the first to be produced under the couple’s Archewell Productions umbrella as part of its deal with Netflix. DEADLINE

SPOTTED...

…Adam Levine and Behati Prinsloo, wearing matching dresses with their two little girls in a rare family pic: SEE PIC

LEFTOVERS: HYPEBEAST MASK

Will.i.am of the Black Eyed Peas is launching a $300 face mask that comes with noise-cancelling headphones. Honeywell, maker of the N95, is partnering on the “Xupermask,” which includes HEPA filters as well as Bluetooth connectivity and LED lights. It’s a bet that masks can become a fashion statement in the streetwear scene: SEE IT

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Instagram Hits New User Growth Milestone
A new report from CNBC says Instagram recently reached a new milestone -- 2 billion monthly active users. It comes amid a year of controversy for the photo-sharing app and its parent company, Meta. SocialFlow CEO Jim Anderson joins Cheddar News' Closing Bell to discuss.
KPMG Finds 2021 M&A Activity Hit $5.1 Trillion — and 2022 Expects to Be Even Bigger
A report from KPMG International found that global mergers and acquisitions in 2021 reached $5.1 trillion in transactions. Carol Streicher, U.S. deal advisory and strategy service group leader for KPMG, joined Cheddar's "Closing Bell" to talk about the record-breaking year and next year's outlook, which KPMG says could be even more staggering. "We're not seeing any slow down in '22," she said, regarding survey results of 350 business leaders. "Things that were tailwinds for us in M&A activity this past year are going to continue to be tailwinds for us in 2022."
Rivian R1T Wins MotorTrend Truck of the Year Award for 2022
MotorTrend named the Rivian R1T as the 2022 truck of the year - a prestigious title given by the publication as a way for automakers to tout third-party validation. Rivian beat out traditional, legacy truck favorites like Ford and General Motors. MotorTrend said the company earned high marks for safety, efficiency, value, advanced design, engineering excellence, and performance of intended function. MotorTend head of editorial Ed Loh joins Cheddar News' Closing Bell to discuss.
New ETF Targets Big Names in Cannabis
There is a new way for investors to bet on cannabis - the AdvisorShares Poseidon Dynamic Cannabis ETF targets about 20 of the biggest names in U.S. cannabis. It comes at a time when it's still difficult for investors to access the space. Cheddar News cannabis reporter Chloe Aiello spoke with co-founder and managing director for Poseidon Investment Management, Emily Paxhia.
Danvas Announces $7 Million Seed Round to Launch Luxury Digital Art Canvas
Danvas is a new company that aims to bring NFTs and digital artwork into the real world through an interactive, museum-quality display. The company says its product is the first premium, luxury digital art canvas, which it hopes will accelerate the world's appreciation of digital artists and their work, and empower collectors to acquire more NFT art. Danvas also just announced its launch this week, with a $7 million seed round from some big-name backers. Danvas co-founder and CEO Jeanne Anderson joins Cheddar News' Closing Bell to discuss.
How to Achieve Empathy at Work
LaFawn Davis, SVP of ESG at Indeed, joins Cheddar Wellness to break down why empathy is so important in the workplace, how to improve empathetic skills at work, and what the future of empathy looks like in the workplace.
Actor Kel Mitchell Talks New Book 'Blessed Mode' and Possible 'Good Burger' Reboot
Actor, pastor, and now author Kel Mitchell joined Cheddar's 'Between Bells' to talk about his new book 'Blessed Mode: 90 Days to Level Up Your Faith' and what inspired him to write it. Mitchell said the book aims to help people boost their physical, mental, and spiritual wellbeing. Ordained as a pastor in 2019, he talked about his service in the church. He also talked about what it was like working with former castmates on Nickelodeon's 'All That' reboot.
Spatial Pivots Business to Become Metaverse for Cultural Events
VR/AR collaboration platform Spatial is diving head first into the Metaverse. The company is switching up its image--now branding itself as 'the metaverse for cultural events,' aiming to become the new virtual hub for NFT galleries, brand experiences, and large-scale conferences. Jacob Loewenstein, Head of Business, Spatial, joined Cheddar's Opening Bell to discuss the company's pivot.
e.l.f. Beauty Eliminates One Million Pounds Of Packaging Materials
e.l.f Beauty is celebrating a significant milestone in its sustainable journey. Since launching its Project Unicorn initiative in 2019, the company has eliminated more than one million pounds of packaging materials. Ashley Rosebrook, e.l.f. Beauty's chief creative officer, who spearheaded this effort and has continued to work to reduce the brand's carbon footprint, joined Cheddar to discuss this initiative and what the company aims to do next.
Load More