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
Vacasa Releases New Homeowner App
Vacasa is the largest full-service vacation rental property management company in the United States. Today, it announced the launch of a new homeowner app to help users monitor how the company is managing their vacation rental homes. It comes as consumer confidence in travel is on the rise ahead of the holiday season. Vacasa CEO Matt Roberts joined Cheddar News' Closing Bell to discuss.
'Oneof' Teams Up with The Recording Academy to Offer NFTs
Everyone is stepping into the NFT space, including the Grammys. 'Oneof' is entering a three-year partnership with The Recording Academy to release exclusive NFTs commemorating the 64th, 65th, and 66th Annual Grammy Awards. A portion of the proceeds will also go to The Recording Academy's scholarship fund. Adam Fell, co-founder and board member of Oneof and the president of Quincy Jones Productions, joins Cheddar News to discuss the announcement.
'THEMAGIC5' Lands Million Dollar Deal on ABC's 'Shark Tank'
'THEMAGIC5' produces swimming goggles that contour the face using advanced robot technologies and 3D printing. Both of the company's founders Bo Haaber and Rasmus Barfred went on ABC's 'Shark Tank' and caught a $1 million deal. The duo join Cheddar News to talk about what the new funding means for the company.
October Becomes Best for Bitcoin Price Action Since December 2020
Things are looking up for everyone's favorite crypto. Bitcoin rallied nearly 40% in October, hitting a record high of $66,975. That was the biggest single-month percentage rally since December 2020. On Monday morning, Bitcoin was trading 2.4% higher while Ethereum and Dogecoin were trading at 1.71% and 3.95%. Ben Armstrong, founder of BitBoy Crypto, joins Cheddar News to talk about the latest in the crypto space.
Virginia's Dead Heat Governor Race
Laura Vozzella, local reporter for The Washington Post, joins Cheddar News to discuss the close gubernatorial race in Virginia and what voters are looking for in each candidate.
SCOTUS Hears Arguments in Texas Abortion Law
The U.S. Supreme Court takes a closer look at the Texas abortion law that was designed by its sponsors to evade constitutional review in federal court. Katie Barlow, journalist and social media editor at SCOTUSblog joins Cheddar News to breakdown what was discussed.
Sunrise Movement Youth Activists Call on Biden to Follow Through on Climate Promises Amid COP26
John Paul Mejia, the national spokesperson for the Sunrise Movement, joined Cheddar to talk about what the youth activist group wants to see from President Joe Biden as he attends the COP26 climate summit. Mejia admonished the president for having little to deliver on his own climate agenda domestically while at the conference. "We need the president to follow through with his promises because, frankly, it's a matter of life or death not only for communities here in the United States but also those looking to us around the world," he said.
ESG Investing Grows In Popularity
ESG, or environmental, social, and governance, investing has surged in popularity recently, reaching new record highs in 2020. The goal is to invest in companies and products that advocate for social change, while earning markets returns at the same time. Lauren Dillard, EVP and Head of Investment Intelligence at Nasdaq, joined Cheddar to discuss the ESG investing fad and the potential risks associated with it.
October Marks Best Month for U.S. Box Office
For the second weekend in a row. 'Dune' topped the box office closing out a lucrative October for movie sales. October was the highest-grossing box office month in the COVID-19 era. Mike Reyes, senior movie contributor at Cinemablend joins Cheddar News to talk about future box office predictions.
Load More