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
Meet the Youngest Black Woman Ever to Graduate Law School
Haley Taylor Schlitz graduated from her Texas homeschooling high school program at just 13 years old. At age 19, she became the youngest black woman ever to graduate from law school. Schlitz joins Cheddar News to share how she did it all.
Baby Formula Crisis Hits 70 Percent Out-of-Stock Rate Nationwide
With the baby formula in the United States surging to an out-of-stock rate of 70 percent, the FDA has given Abbott permission to reopen its Michigan plant amid the crisis and authorized foreign imports. Professor Peter Pitts, a former FDA associate commissioner and current president of the Center for Medicine in the Public Interest, joined Cheddar News to discuss the ongoing shortage and its wide impact. “As difficult as things is in urban areas, they’re even worse in small communities and tribal areas where parents can't just go to the next store on the corner," he said. Pitts also noted that the Abbott factory was a "disaster" prior to its shutdown and that it would have been "regulatory malpractice" to have left it open.
Mortgage Rates Turn Lower While Rates Slip
New real estate data shows that mortgage applications are slipping but home listings are increasing 9 percent from a week ago. It comes as sellers worry they might miss out on the hot housing market before it's too late. Skylar Olsen, Senior Director, Principal Economist, at Tomo joined Cheddar's Opening Bell to discuss.
How To Save Money At The Gas Pump
Gas prices are at record highs just as many Americans are getting ready to hit the road for memorial day weekend. The average price for a gallon of gas is now $4.59, with all 50 states above $4 per gallon. Dan Eberhart, CEO of Canary, has tips on how to save money and ease some of the pain at the pump.
Harvard Grad Highlights South Asian American Leaders in Podcast
While many Americans of South Asian descent hold prominent positions in America, they are rarely seen in mainstream media. Simi Shah tells Cheddar News that’s why she decided to start her own podcast featuring prominent South Asian Americans highlighting their professional journey.
Load More