Here are the headlines you Need2Know for Thursday, June 3, 2021:

PANDEMIC STATUS UPDATE

MONTH OF ACTION: President Biden declared June a “national month of action” when it comes to the coronavirus pandemic. As part of his push to get 70% of Americans at least partially vaccinated by July 4th, the White House laid out new incentives like free food delivery and groceries, airline tickets and Xboxes. Overall cases are still trending lower, with 20,000 new daily infections reported on Tuesday. WASHINGTON POST

VARIANTS: Meanwhile, the B.1.617.2 variant originally discovered in India has already spread to more than 60 countries, including the United States. This variant is particularly worrisome because it may be the most transmissible variant yet. NY MAG

HACK ATTACKS

NYC SUBWAY: Hackers with suspected ties to China breached the New York City transit system in April, although officials say there was no risk to riders or customer info. NBC NEW YORK

MEAT PROCESSING PLANT: The beef and pork producer JBS USA is trying to get back up and running after a cyberattack last weekend, which forced shutdowns at plants in North America and Australia. The White House says Russia was likely behind the attack. Experts say it could cause a supply crunch, sending the price of meat higher. CNN

DR. FAUCI EMAILS

Thousands of pages of Dr. Fauci’s emails obtained by BuzzFeed News from early 2020 provide a glimpse into how he tried to develop an effective strategy to fight the pandemic amid conflicts with the Trump administration. The emails cover the period from January to June of 2020. BUZZFEEDNEWS

NEW ISRAELI GOVERNMENT (MAYBE)

A diverse group of opposition lawmakers have reached a power-sharing government to oust Israeli Prime Minister Benjamin Netanyahu from office for the first time in 12 years. The coalition includes everyone from an Arab Islamist party to secular Jews to religious nationalists. Under the deal, Centrist lawmaker Yair Lapid and one-time Netanyahu ally Naftali Bennett will take turns as prime minister. Lapid said, "The government will do everything it can to unite every part of Israeli society.” Israeli Parliament still needs to approve the deal. NBC NEWS

MEDINA SPIRIT TESTS POSITIVE… AGAIN

Kentucky Derby winner Medina Spirit failed a second drug test, potentially disqualifying him from the Derby and elevating second-place winner Mandaloun. Churchill Downs has also suspended famed trainer Bob Baffert for two years. Baffert’s attorney says additional testing is being done to trace the source of the steroid, which they say came from an ointment to treat a skin infection. NY TIMES

VENUS EXPLORATION

NASA is launching two scientific missions to study Venus, between 2028 and 2030. Venus is Earth’s so-called sister planet, and our closest planetary neighbor, but it has a thick, toxic atmosphere and temperatures that reach 800 degrees. NASA hasn’t explored Venus in over 30 years, and has been giving more attention to Mars. REUTERS

MEME STOCK 2.0

Shares of theater chain AMC continued their record rally, doubling in price on Wednesday with help from retail investors on Reddit. AMC CEO Adam Aron offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter. The #WallStreetBets Reddit thread is also boosting some other meme stocks: Just yesterday, BlackBerry shares jumped 31%, Koss Corp shares rose about 70%, and Bed, Bath and Beyond rose 41%. CHEDDAR

RENT THE RUNWAY GOES RESALE

Rent the Runway is getting into the resale business. Customers will soon be able to buy gently used clothes and accessories from the site, in addition to renting items, without having a Rent the Runway membership. The company is looking to rebuild its business, which took a big hit during the pandemic when people stopped spending money on clothes for weddings, vacations and other events. CNBC

“COACH K” RETIRING

Legendary Duke coach Mike Krzyzewski has decided to retire after the upcoming 2021-22 basketball season. “Coach K” is 74 years old, and took over Duke’s basketball program ahead of the 1980-81 season. He’s the winningest coach in college basketball history, and has led Duke to five NCAA Tournament victories and 12 Final Four appearances. He’s expected to be replaced by Duke assistant and former player Jon Scheyer. CBS SPORTS

LEFTOVERS

An Italian artist sold an invisible sculpture at auction for $18,000. The buyer will receive a certificate of authentication signed by the artist, but the sculpture itself is "immaterial," meaning that it does not actually exist. The artist, Salvatore Garau, has reportedly instructed the buyer to display the sculpture in an area that is about 5 ft. long by 5 ft. wide. NEWSWEEK

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
Google and T-Pain Promote Black Owned Friday in Shoppable Film for the Holidays
Rapper and singer T-Pain is teaming up with Google this holiday season to encourage shoppers to support Black-owned businesses on Black Friday. Stephanie Horton, the director of marketing for Google Shopping, joined Cheddar to provide some details about T-Pain's new song, featuring Normani, in a new shoppable interactive film for the promotion. She also explained how Google worked with local artists in various states to create shoppable murals, where products seen in the artwork are discoverable online by simply pointing your camera at it.
Card Trading Platform Alt Raises $75 Million With Plans to Expand into NFTs
Alternative asset, sports cards-focused platform Alt recently raised $75 million in a Series B round. Alt's platform lets users research, trade, and securely store sports cards and other high-value assets. Right now, the company has more than $70 million worth of cards in its vault. The company is also hoping to get into other assets, including NFTs. Alt CEO Leore Avidar joins Cheddar News' Closing Bell to discuss.
Roku to Compete on Original Content, Announcing Plans for 50-Plus Shows
Streaming platform Roku announced plans to develop more than 50 original shows in a bid to become a destination for free content amid growing competition in the space. Shelly Kramer, co-founder and lead analyst at Futurum Research, spoke to Cheddar about the new offering "The transition here from hardware to adding a software component by way of original content, I think is smart," she said. "And it's all about the Benjamins." Kramer also noted that she doesn't necessarily think Roku is entering the content game too late.
Religion of Sports CEO on 'Man in the Arena: Tom Brady' Doc and Why Sports Matter
Ameeth Sankaran, CEO of the emmy-winning media company Religion of Sports, joined Cheddar to talk about the "Man in the Arena: Tom Brady" docuseries that premiered on ESPN+ earlier this week. Sankaran noted Brady and former NFL star Michael Strahan as co-founders and discussed the origin of the company and its goal to tell stories about sports figures beyond their roles on the court or field.
HBO's Origin Story 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers'
The behind-the-scenes story of HBO's history is chronicled in the new book 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers.' The book tells the true story of how HBO came to dominate the television industry as we know it. The man behind the book has interviewed over 700 key sources to uncover a bottomless trove of secrets, surprises, and never before heard stories. James Andrew Miller joins Cheddar News to share more.
'I AM KOBE From Diversion Podcasts' Features Never-Before-Heard Bryant Tapes
In an all-new podcast, one sports journalist takes listeners through never-before-heard tapes of a teenage Kobe Bryant as he explores his thoughts, his dreams, his goals at the start of his path to becoming an NBA icon. Journalist at the Philadelphia Inquirer and host of the podcast, "I Am Kobe" from Diversion Podcasts Mike Sielski, joined Cheddar to discuss more.
The Future of Blockchain, Bitcoin, and Crypto
As the world of trading in cryptocurrency gets more popular experts say competition in the space could get bigger within the next year. CEO of Onramp Invest Tyrone Ross, joined Cheddar to discuss more.
Travel Chaos Looms For Upcoming Thanksgiving Holiiday
As the upcoming Thanksgiving holiday approaches, several airports around the country can expect to see an increased amount of travel. As a result, experts say there could be some expected chaos as travelers try to get to their destination. Host of the Travel Genius podcast Mark Ellwood, joined Cheddar to discuss more.
Load More