Here are the headlines you Need2Know for Thursday, April 15, 2021:

COVID-19: LATEST DEVELOPMENTS

The CDC’s advisory panel asked for more time to look at the possible link between the Johnson & Johnson vaccine and a rare but serious blood clotting disorder, meaning the pause on the J&J shot will continue for now. Some countries that have been giving the shot are already reporting that the pause has added to skepticism about the vaccines and a sense that, between J&J and AstraZeneca, developed countries are dumping second-rate vaccines on poorer nations. In the African nation of Malawi, a doctor says people have been asking “how do we get rid of the vaccine in our body?” NY TIMES

POLICE BRUTALITY

WRIGHT KILLING: Kim Potter, the former Minnesota police officer who shot Daunte Wright during a traffic stop, apparently by mistake, has been arrested and charged with second-degree manslaughter. Potter posted bond and will be arraigned today. Protests continued for a fourth night in Brooklyn Center, with police using flash grenades to disperse the crowd. CNN

CHAUVIN TRIAL: Derek Chauvin’s defense team called a former medical examiner who testified that he believed George Floyd died of a combination of a pre-existing heart condition, drug use, and exposure to the carbon monoxide from the tailpipe of the police car he was next to as Chauvin kneeled on him. The defense could wrap its case as early as today. STAR TRIB

CAPITOL RIOT

There’s a Congressional hearing today to go over a scathing report from the Capitol Police department’s inspector general about the Jan. 6 riot. That report found that the Capitol Police ignored intelligence warnings that “Congress itself is the target” of Trump supporters who believed the election was stolen from him and that they were “actively” promoting violence. Meanwhile, the Justice Dept. will not charge the officer who fatally shot Ashli Babbitt during that riot, finding that it was reasonable to believe he was protecting the House chamber. NBC NEWS

AFGHAN WAR

President Biden, as expected, announced that he would pull all U.S. troops out of Afghanistan, starting next month and finishing by Sept. 11, calling his decision “absolutely clear” and that the “forever war” was no longer worth the cost in blood and treasure. Following the announcement, NATO said it would follow suit and pull out all its troops from the country. There are some 7,000 coalition troops in Afghanistan, more than twice the number of American boots on the ground. AP

MADOFF DEAD

Bernie Madoff, the New York financier who ran the largest Ponzi scheme in history that defrauded thousands investors out of a total of $65 billion, has died of natural causes in federal prison at 82. Madoff was serving a 150-year sentence for that fraud, which came to light when his investors started pulling money out while the financial markets were crashing in the fall of 2008. Both of Madoff’s two sons died in the aftermath of their father’s crime, one from suicide and one from cancer. His family has always maintained that they were not aware of the Ponzi scheme. OBIT

COINBASE IPO

In a landmark moment for the maturing cryptocurrency space, the crypto exchange Coinbase went public in a direct listing on the Nasdaq. Shares soared as high as $425 before closing at $328 in the debut, giving the company a valuation of $86 billion. Coinbase is profitable but its business model is directly tied to the price of Bitcoin and other volatile digital currencies. Bitcoin has been on fire in preparation for the listing, hitting a new all-time high above $64,000. Brian Armstrong, the CEO of Coinbase who is now one of the 100 richest people on the planet, started the company when Bitcoin was at $6. CHEDDAR

INSTA LIKES

Instagram is launching a feature that lets users decide if they want to hide “likes”, whether it’s their own posts or someone else’s. Instagram had been testing a feature that automatically hid likes as a way to see if it cut down on the pressure to post certain types of content. The Facebook-owned platform said the reaction to that test was mixed, so now wants to see how users react to being given the option to see their likes. REUTERS

'BACHELOR' COMES OUT

Colton Underwood, the former star of The Bachelor, came out as gay on Good Morning America, saying he came to terms with his sexuality this year. The 29-year-old contestant on season 23 of the hit dating show was known as the “virgin Bachelor.” He gave his final rose to Cassie Randolph and they dated for a period after the show aired but had an acrimonious break up last year in which she filed a restraining order against him. Underwood is now shooting a Netflix series about his life as a gay man. VARIETY

SPOTTED...OPENING CEREMONY EDITION...

...Team USA’s official athlete uniform for the Tokyo Olympics, an all-white ensemble designed by Ralph Lauren: SEE IT

…Team Canada’s uniform, featuring spray-painted jean jackets: SEE IT

LEFTOVERS: WHITE CLAW SUMMER

White Claw is introducing a new line of hard seltzers with a higher alcohol content -- just in time for what’s already expected to be a raucous summer. White Claw Surge bumps up the booze level from 5 percent to 8 percent and comes in a larger 16 oz. can in two new flavors, blood orange and cranberry. MLIVE

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
Tips for Finding Purpose in Career Re-Invention
Cheddar recently teamed up with Amazon Bestseller Jamie Hopkins to explore the term 'Rewirement' while highlighting those who didn't let retirement be the end of their journey... Instead, they used it as a new beginning. Today, Jamie is speaking with Linda Lombri, a former home economist and marketing executive, and Virginia Cornue, a former cultural anthropologist. For them, retirement didn't mean stopping work--it meant re-inventing themselves and living out their dreams of becoming mystery authors, even though neither had written fiction before. Together, Linda and Virginia began an e-book series, the Sandra Troux Mysteries.
Summer Travel Demand Surges
Peer Bueller, COO and CFO of Kayak, joins Cheddar News to discuss the surge in summer travel demand and how travelers can save.
Our Biological Connections With Plants; Mind-Controlled Bionic Hand
On this episode of Cheddar Innovates: Brightseed Co-Founder breaks down what plant bioactives are, and how they're using the latest technology to study human's biological connections with plants; Esper Bionics CEO breaks down how they re creating a mind-controlled bionic hand that guest smarter the more you use it; Cheddar gets a look at Curiosity Stream's 'Capturing A Black Hole In Our Milky Way.'
How To Raise Kids On A Tight Budget
The number of births in the U.S. increased last year for the first time in seven years. According to a new federal report, about 3.6 million babies were born in 2021, only about a 1% increase from 2020. Ted Rossman, a senior industry analyst for creditcards.com, joined Cheddar's Opening Bell to discuss why the pandemic baby boom was more like a baby bust, and how to raise kids while on a tight budget.
Calls for Gun Reform Once Again in Aftermath of Uvalde School Shooting
Following the mass shooting at the Robb Elementary School in Uvalde, Texas, that left 19 children and two adults dead, the debate over gun control has been reignited. While studies have shows most Americans agree on some additional regulations, there hasn't been much legislative traction even as gun violence worsens in the country. Brian Lemek, the executive director of Defend The Vote and the former executive director at Brady PAC for gun control, joined Cheddar to discuss reform efforts. "The lawmakers that we have aren't passing these at the federal level," he said. "That's the problem. We have the wrong people in charge."
Terra Collapse Leaves Questions About Impact on Broader Crypto Market
The crypto industry is still reeling from Terra's recent crash. The company's blockchain was temporarily halted earlier this month after the collapse of its cryptocurrency Luna (LUNA) and its stablecoin TerraUSD (UST), which led to almost $45 billion being wiped from the tokens' market caps within a week. Now, many are left wondering what Terra's struggles mean for the broader crypto market. Reeve Collins, CEO of the NFT platform BLOCKv, joins Cheddar News' Closing Bell from Davos 2022 to discuss.
Didi Shareholders Vote to Delist From NYSE Amid China's Tech Crackdown
China's largest ride-hailing company will no longer be listed on the world's largest stock exchange. Didi shareholders voted on Monday to delist from the New York Stock Exchange, less than a year after launching a $4.4 billion IPO with the most significant U.S. share offering by a Chinese company since Alibaba debuted in 2014. Since going public in June of last year, around $70 billion has been wiped from Didi's market value and shares of the company have dropped nearly 90%. Now, Didi is expected to begin preparations to list in Hong Kong. Kevin T. Carter, founder and Chief Investment Officer of EMQQ Global, joins Cheddar News' Closing Bell to discuss.
Load More