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

Here are the headlines you Need2Know for Thursday, November 4, 2021:

ELECTION DAY FALLOUT

Democrat Gov. Phil Murphy has been narrowly reelected in New Jersey, according to the AP. Murphy prevailed in a shockingly close race that, combined with broader gains by Republicans across the country on Tuesday, signals serious problems for Democrats ahead of the midterms next year. The GOP made significant inroads in the suburbs of Virginia, N.J. and NYC among voters who had previously been turned off by Donald Trump. Exit polls in Virginia illustrate the shift: white women swung 15 points to the GOP just a year after they helped President Biden carry the state by 10 points. NY TIMES

SCOTUS GUN CASE

The Supreme Court seems prepared to strike down a New York handgun law in a big Second Amendment case that would determine whether Americans have a constitutional right to carry a loaded and concealed weapon in public. In oral arguments, all six conservative justices appeared inclined to side with a challenge to the N.Y. law backed by the NRA. If the law is overturned, people would have an essentially unfettered right to carry guns in public spaces like the subway. LAW & CRIME

JURY SET FOR ARBERY MURDER SUSPECTS

A nearly all-white jury has been seated in the trial for the three men charged with killing Ahmaud Arbery. The Georgia judge overseeing the trial acknowledged that the defense appeared to be intentionally discriminatory in repeatedly striking qualified potential jurors who were Black, but allowed the case to go forward. Opening arguments start tomorrow in the highly charged Georgia trial. The jury will consist of 11 white people and one Black man. CNN

KABUL DRONE STRIKE

A U.S. military drone strike that killed 10 civilians, including seven children, in August did not violate any laws of war, according to a Pentagon review. The DOD is not recommending any disciplinary action for the mistaken strike, calling it a “mistake” but “not negligence.” Officials also confirmed that surveillance video showed at least one child in the area two minutes before the drone launched the missile, but said it would have been easy to miss in real time. NBC NEWS

FED TAPER

The Federal Reserve has announced plans to start “tapering” its monthly bond-buying program that is widely seen as having kept the economy from collapsing during the pandemic by regularly injecting billions of dollars into the financial system. Other central banks around the world are also starting to scale back their monetary support. The process of unwinding those asset purchases is a possible precursor to raising interest rates, which would typically have the effect of curbing rising inflation. CHEDDAR

RETURN OF THE MEME TRADE

Shares of Bed Bath & Beyond jumped more than 50% after the retailer announced a new partnership to sell products in Kroger stores, part of a broader reorganization of the struggling retailer. The stock took off because of a short squeeze, similar to how shares of AMC and GameStop traded in the “meme stock” frenzy earlier this year. Short sellers also got crushed this week in a squeeze of Avis Budget that sent shares of the rental-car company up more than 100%. WSJ

RODGERS IN TROUBLE

Green Bay Packers QB Aaron Rodgers has tested positive for Covid and will have to sit out Sunday’s game against the Chiefs. That essentially confirms that he is unvaccinated, because vaccinated players don’t have to automatically isolate under the NFL’s Covid protocol. Rodgers is under fire not just because he didn’t get the vaccine, but because he appears to have misled the league and the public about his vaccination status. When asked in August if he got the shot, the quarterback responded that he was “immunized.” Since then, he’s been observed flouting the NFL’s rules for unvaccinated players -- he hasn’t been wearing a mask indoors or on the sidelines -- suggesting that he was vaccinated. ESPN

MARVEL SEX SCENE

The first sex scene in the history of the Marvel Cinematic Universe is coming to a theater near you this weekend. Eternals, directed by Oscar-winning indie auteur Chloe Zhao, includes a brief but unmistakable love scene between superheroes, but still skates by with a PG-13 rating. It’s a first for the MCU, where sex is famously often implied but never shown. Eternals will open with another first -- the first Marvel movie to be “certified rotten” on Rotten Tomatoes. The flick is getting decidedly mixed reviews in spite of a diverse, all-star cast. THE RINGER

SPOTTED...

...a rare photo of Carl Dean, the reclusive husband of Dolly Parton. The country music legend posted a throwback pic of her with Dean, whom she married in 1966. He was photographed in public last year for the first time in 40 years: SEE PIC

...Kim Kardashian and Pete Davidson, reportedly on a dinner date in Manhattan a day after they were seen eating together on Davidson’s native Staten Island: DETAILS

LEFTOVERS: LONDON AIRLIFT

Three Boeing 747s landed at Heathrow this week, reportedly filled entirely with PlayStation 5 consoles. Sony has been chartering decommissioned jumbo jets to deliver the un-gettable gaming console to store shelves in the UK, bypassing the delays at the ports ahead of the holidays. PS5 restocks have been increasing at U.S. stores too, though automated bots have made it near impossible to snag one online. No signs yet of any PS5 planes coming to American airspace. METRO UK

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
Robin Hood Foundation Supports Families, Nonprofits in New York City
The Robin Hood Foundation is New York City's largest poverty-fighting organization. For more than 30 years, Robin Hood has built and fueled non-profits across all five boroughs. CEO Richard Buery joined Cheddar News' Closing Bell ahead of his ringing the closing bell at the New York Stock Exchange and later, lighting of the NYSE Christmas tree.
Creator Commerce Platform LTK Raises $300 Million
Creator commerce platform LTK raised $300 million in a recent funding round, now valuing the company at $2 billion. LTK is the world's largest influencer marketing platform and is known for helping to pioneer the so-called 'creator economy.' The company helps content creators make money off of their social media posts by hosting them on one central marketplace. LTK says more than $3 million in products are bought each year on its website and app. Now, the company is looking to continue its growth. LTK co-founder and president Amber Venz Box joins Cheddar News' Closing Bell to discuss.
Defining a Truly Flexible Workplace
Scott Bonneau, VP of Global Talent Attraction at Indeed, joins Cheddar to discuss why employee happiness and workplace flexibility go hand in hand, and how to track employee productivity while offering flexible work options.
'iCarly' Star Miranda Cosgrove Talks Season 2 Reboot, Tackling the Climate Crisis
Miranda Cosgrove joined Cheddar's "Between Bells" to talk about the upcoming Season 2 premiere of the "iCarly" reboot on Paramount+. She talked about the distinction between filming the reboot versus the original series and noted that this time around she has more creative input. Cosgrove also talked about her partnership with HP's Girls Save the World and efforts to address the climate crisis.
Omicron Spread, School Shooting & Cuomo Suspended
Jill and Carlo cover the latest on Omicron, another school shooting in America and more. Plus, bidding farewell to 'transitory' inflation, and the controversy surrounding 'Lovely Bones' author Alice Sebold.
New HBO Documentary Remembers 'Waitress' Filmmaker Adrienne Shelly
Adrienne Shelly was behind the critically acclaimed 2007 film 'Waitress' but was killed before she could witness the film's success. Now, the HBO documentary 'Adrienne' takes viewers along her husband Andy's personal journey to share his wife's story and gives a rare window into how a family confronts the unthinkable. Andy Ostroy, director of the film joins Cheddar News to talk about his creative process.
Animation Writers To Negotiate Higher Pay
Elaine Low, Senior Entertainment Business Reporter at Insider joins Cheddar News to discuss the Animation Guild's upcoming contract negotiations, hoping to close pay gap with live-action counterparts.
SCOTUS Mississippi Abortion Rights Case 'Direct Challenge' to Roe v. Wade
The Supreme Court will be hearing arguments in Dobbs v. Jackson Women's Health on Wednesday over a Mississippi law banning abortions after 15 weeks. Jimmy Hoover, the Supreme Court editor-at-large for Law360, joined Cheddar to break down the momentous legal fight. "This is the biggest abortion case at the Supreme Court in 30 years," he said. "It is a … a direct challenge to Roe v. Wade."
Load More