Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Friday, November 8, 2021:

BIDEN'S INFRASTRUCTURE VICTORY

President Biden won a major legislative victory that has eluded past presidents in both parties: the passage of a $1.2 trillion bipartisan infrastructure bill. Thirteen Republicans joined the majority of Democrats in the House to pass the bill after it was approved by the Senate. The White House plans a signing ceremony when Congress is back from recess. The legislation includes billions for roads and bridges, broadband access, replacing lead pipes, climate sustainability and more projects in all 50 states. Biden says Americans should start to feel the impacts of the bill in as little as two to three months. POLITICO

COVID PILLS COMING

Pfizer is expected to submit its antiviral Covid pill to the FDA for approval in the coming days, after the company released data on Friday showing it was remarkably effective. Paxlovir, as the treatment is being branded, cut the risk of hospitalizations for high-risk patients by 90% in trials when taken in combination with an old HIV drug. That would be even better than Merck’s antiviral pill, which is currently in front of regulators. Former FDA chief Scott Gottlieb said the Covid pills, if approved, mean the end of the pandemic is “in sight” for the U.S. AP

ASTROWORLD CROWD CRUSH

Two investigations have been launched into Friday night’s Astroworld music festival in Houston, where eight young people were killed when fans were crushed against the stage. The rapper Travis Scott had just started his headlining set when the crowd crush began, and he is facing questions over why he continued to perform as first responders were in the midst of dealing with the mass casualty event. Scott and his girlfriend Kylie Jenner say they were unaware of the severity of what was happening until later. The Houston police are also investigating reports that someone in the crowd was injecting people with drugs after several concertgoers had to be revived with Narcan. HOUSTON CHRON

ASSASSINATION ATTEMPT BY DRONE

The prime minister of Iraq survived a brazen assassination attempt over the weekend when a drone packed with explosives targeted his house in Baghdad while he was sleeping. Prime Minister Mustafa Al-Khadhimi was not injured, though seven of his security staffers were. No one has claimed responsibility for the attempted assassination. CNN

BACK TO BUSINESS

The U.S. reopens for fully vaccinated international travelers today, ending a 20-month travel ban that has kept foreign tourists largely out of the country. The major airlines are seeing huge increases in bookings and expect completely full international flights for at least the next few weeks, as they scale up their schedules. The southern border is also bracing for long lines of travelers coming in by car. YAHOO FINANCE

RIVIAN IPO

Another red-hot electric carmaker is going public this week, and the IPO is expected to be a monster. Rivian has raised the offer price for its shares, aiming for a valuation of about $70 billion and signaling high interest from investors looking for an EV pure-play that isn’t Tesla. The biggest winners from the Rivian IPO are likely to be Amazon and Ford, which both own significant stakes in the company. INSIDE EVS

PACKERS LOSE

The Green Bay Packers couldn't get it done without Aaron Rodgers at the helm, falling to the Kansas City Chiefs, 13-7. Rodgers was out on Covid protocol after he tested positive last week. He explained his decision not to get vaccinated in a radio show interview in which Rodgers said he had consulted with Joe Rogan, claimed to be allergic to the mRNA vaccines, worried about fertility issues, misquoted MLK and used the “my body, my choice” defense. FOX’s pregame show tore into Rodgers, with Terry Bradshaw calling him a liar. YAHOO SPORTS

BOX OFFICE

The Marvel Cinematic Universe still has some juice left in it. Eternals beat the global box office openings of both Black Widow and Shang-Chi, bringing in $162 million worldwide in its opening weekend. That’s the second best opening of the pandemic for a Hollywood blockbuster. Fans came out for the latest installment in the MCU despite the obscure characters, bad reviews and mediocre audience scores. DEADLINE

SPOTTED...

...the USNS Harvey Milk, named after the slain gay rights leader, making its debut as the newest addition to the Navy’s fleet: SEE IT

…Dionne Warwick, dropping by SNL to sing “What the World Needs Now” with her cast double, Ego Nwodim: WATCH

...Vin Diesel, issuing a public plea for Dwayne Johnson to “fulfill your destiny” by returning for Fast & Furious 10: SEE POST

LEFTOVERS: MARATHON WOMEN 

Shalane Flanagan saved the best for last in her grueling quest to run all of the world’s major marathons in six weeks. The retired American long-distance runner completed the NYC Marathon in 2:33:32, her best time of any race. She has now succeeded in her goal of running all six marathons in under three hours. Meanwhile, the Olympic medalist Molly Seidel broke the record for fastest time by an American woman in New York, and she did it with a “couple” broken ribs. RUNNER'S WORLD

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
U.S Chamber of Commerce Hosts Virtual Event 'Developing the Black-Owned Business Ecosystem'
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
Bringing Black History Month Celebrations to Your Business
While Black History Month is a time to celebrate the achievements of Black Americans, it's also a time to reflect on how they can be better heard and supported. Black Americans are still fighting for voting rights, facing more severe impacts from COVID-19, and experiencing gaps in workforce representation and pay. Alexandra Schrecengost, hybrid work expert and CEO of "Virtual With Us" and "Culture With Us,' joined Cheddar News to discuss.
Whats in Store for Univision's Premio Lo Nuestro 2022
Premio Lo Nuestro 2022 is kicking off awards season this month with its 34th show. The star-studded event will include performances from Pitbull, Luis Fonsi — and even Sting with his new Spanish-language single "Por Su Amor." Ignacio Meyer, the vice president of music and non-scripted entertainment, Univision, joined Cheddar News to talk about the music award show details. "We’ve actually still got plenty of surprises that were going to be announcing," Meyer said. "We're not done announcing the star power just yet." Singer Camilo leads with 10 nominations going into the event.
Real Estate Key to Closing Wealth Gap Even as Black Spending Power Hit $1.6 Trillion
Black spending power reached a record $1.6 Trillion in a 2021 report from the University of Georgia Selig Center for Economic Growth. Ayesha Selden, certified financial planner, breaks down why real estate is the key to closing the racial wealth gap and how Black Americans are using social media to improve financial literacy. "If we look at home ownership as being a primary driver of wealth, when you look at the equity that Americans have in their homes, that equity can be used to buy additional assets like other rental properties. That equity can be used to educate our children," Selden said, noting that lower rates of home ownership meant Black Americans tend to incur more debt on average for their student loans.
Upcycling in Fashion; TikTok Dominating Style Trends
On this episode of Cheddar Reveals, Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, discusses the lessons industry leaders draw from history to make fashion more sustainable today; Kendall Becker, fashion editor and trend forecaster, forecasts the hottest trends of 2022, and what will be left in 2021; Cheddar gets a look at Curiosity Stream's 'Going Circular.'
TikTok Dominating Style Trends
Kendall Becker, fashion editor and trend forecaster, joins Cheddar Reveals to forecast the hottest trends of 2022, and what will be left in 2021.
Does Owning Crypto Really Make Daters More Desirable?
A new survey from Etoro suggests that talking crypto might actually help Americans on the dating scene find love...or at least land another date. The survey found that 74% of respondents would be more interested in going on a second date with a person that pays the bill in Bitcoin. Callie Cox, Etoro's U.S. investment analyst, joined Cheddar News to discuss.
Energy Vault Begins Trading on the NYSE Following SPAC Merger
Energy Vault, the company developing sustainable, grid-scale energy storage solutions, is now trading on the New York Stock Exchange following the completion of its business combination with Novus Capital Corporation II. Energy Vault develops sustainable, grid-scale energy storage solutions designed to advance the transition to a carbon free, resilient power grid. Robert Piconi, co-founder and CEO of Energy Vault, joins Cheddar News' Closing Bell to disucss.
Load More