Here are the headlines you Need2Know for Thursday, February 25, 2021:

COVID-19: LATEST DEVELOPMENTS

Johnson & Johnson’s single-shot vaccine is safe and effective at preventing severe cases of COVID, according to data released by the FDA. The agency is expected to approve that vaccine as soon as Saturday, adding a third jab to the country’s arsenal. It cannot come soon enough. Even with numbers continuing to plummet, California just became the first state to reach 50,000 deaths. In NYC, researchers say they’ve discovered a brand new variant that carries a worrisome mutation that could weaken vaccine efficacy. The CDC has quietly launched an interactive tool called VaccineFinder, with the hope that it will eventually become a one-stop shop for finding approved vaccine providers and available appointments nationwide: BOOKMARK IT

POST OFFICE PROBLEMS

President Biden nominated three appointees to the Postal Service’s board who, if confirmed, would give Democrats the power to push out Louis DeJoy, the current Trump-appointed postmaster general. DeJoy testified to lawmakers for the first time since the election, apologizing for the mail delays during the holidays. Dems have accused him of trying to sabotage the USPS during the mail-in voting period, saying decisions he made to cut service led to holiday delivery delays that are still ongoing. Separately, the agency announced the winning design of its new mail truck, which will hit the road in 2023: SEE IT

LGBT IN AMERICA

About 5.6 percent of American adults identify as LGBT, according to new polling from Gallup, a rise of more than one percentage point since the last time the survey was conducted in 2017. A majority of those people identify as bisexual, with a quarter saying they are gay and about 11-12 percent saying they are lesbian or transgender. The generational breakdown is eye-opening: while just 2 percent of Baby Boomers identify as LGBT, that jumps to 16 percent for Gen Z. GALLUP

ISRAEL OIL SPILL

Israel’s parks authority says it has cleaned 70 tons of tar from the country’s beaches since a massive oil spill last week, but there’s still more than 1,000 tons of the toxic material that has washed up -- and more is expected. It’s especially bad on the rocky northern coastline, which is harder to clean. The culprit of the spill is still unknown, but tests of the washed-up tar should help determine which of about 10 nearby oil tankers was at fault. JPOST

SEMI SHORTAGE

President Biden signed an executive order meant to address the ongoing semiconductor shortage that is impacting industries from automobiles to consumer electronics. Semis -- the microchips that power pretty much every computer or smart device in the world -- were already in short supply before the pandemic due to the U.S. trade war with China. Then COVID created a huge supply chain breakdown as global demand for electronics soared. The North American auto industry has been particularly hard hit, with Ford, GM, Toyota and others forced to halt production due to the shortage. CHEDDAR

DEJA VU

Stop us if you’ve heard this before. Shares of GameStop are up 40 percent this morning after closing up more than 100 percent. Volatility in the stock was so extreme that trading had to be halted twice. To the extent the surge was driven by any news, GameStop announced its CFO was resigning -- reportedly pushed out in the aftermath of last month’s short squeeze. BI

TIGER UPDATE

The car crash that sent Tiger Woods to the hospital was “purely an accident,” police said. Woods is recovering from major orthopedic surgery after he suffered an open fracture to his right leg, which means that the bone broke through the skin. Doctors not associated with his treatment say it’s too early to predict what his recovery will look like, and that the big concern right now is making sure he doesn’t get an infection. According to the officers who arrived on scene, Woods had no idea how badly he was injured. LA TIMES

BRUCE DUI DROPPED

A New Jersey court has dropped the DUI charge against Bruce Springsteen after he pleaded guilty to consuming alcohol in a restricted area and paid a $500 fine. He was arrested back in November in a federal park along the Jersey coast for driving under the influence, but the news didn’t come out until a couple of weeks ago, and the details have remained sketchy. Springsteen’s hometown paper reported that his blood-alcohol level was .02 when he was stopped, well within the legal limit. ASBURY PARK PRESS

SPOTTED...ANIMAL KINGDOM...

...an extremely rare half-male, half-female cardinal. A birder in Pennsylvania snapped the bird known as a bilateral gynandromorph Northern Cardinal with a red-and-brown plumage divided right down the middle: SEE IT 

…an Australian wild sheep named Baarack, getting a much-needed haircut. The shearing yielded 77 lbs. of fleece -- roughly the weight of an adult kangaroo. The animal sanctuary that Baarack calls home says he’s “getting more confident every day”: SEE PIC

LEFTOVER: LANDMARK DIVORCE CASE

A divorce court in Beijing has ordered a man to pay his ex-wife a lump sum of 50,000 yuan (about $8,000) for the housework she did during their five-year marriage. The landmark ruling stems from a new civil code in China. Under the law, a spouse can now seek compensation in divorce for “intangible” responsibilities that they had in the marriage, such as cleaning or childcare. The case has become a flashpoint of debate on Chinese social media, with some saying that the woman is being undercompensated for five years of unpaid labor. BBC

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
Dent Reality Raises $3.4 Million to Bring Augmented Reality to Retail Locations
The UK-based augmented reality startup, Dent Reality, raised the equivalent of $3.4 million USD in its most recent funding round. Dent Reality has created an AR app for smartphones that helps shoppers navigate retail locations by providing a layout of a store's aisles, while showing where to find specific items. The company works mainly with grocery stores but aims to integrate its tech with all types of physical spaces. Dent Reality CEO Andrew Hart joins Cheddar News' Closing Bell to discuss.
Rebuilding Our Roads
It’s no secret that America’s infrastructure is aging. The average American bridge is 43 years old. 49% of our streets and highways are in poor condition. That’s why rebuilding our roads is near the top of President Biden’s to-do list. But repaving is just surface level, some suggest we need to rethink the structures themselves.
Roads Abroad
We all know drivers in the UK drive on the left side of the road, but what if I told you that’s just where the differences begin. Europe and the United States have evolved to each have a unique set of rules of the road.
How TikTok's Reach Is Being Leveraged to Raise Funds for Animal Shelters
TikTok isn't just for remixing the best trending sounds. The social media platform is having a positive impact on animal shelters and helping pets find forever homes, according to Katie Grissum, the communications and design coordinator for the non-profit animal shelter charity KC Pet Project. Grissum joined Cheddar to break down just how TikTok is being used to raise money and draw more eyes to animals in need of adoption.
Oscar-Winner Alex Gibney Exposes ‘The Great Crime’ of the CIA’s Post-9/11 Torture Program
The upcoming HBO documentary, "The Forever Prisoner," zeros in on the Saudi-born Palestinian, and the failures of the CIA torture program. The documentary includes first-hand accounts, classified documents, never-before-seen images, interrogation notes, and testimony that you will have to see to believe. JD sat down with the mastermind behind the lens, director, and narrator of ' The Forever Prisoner,' Alex Gibney to discuss.
How Retailers and Cargo Carriers Can Make Real Change
The current supply chain crisis could last well into 2023. Some see this as an opportunity here for retailers to be early adopters of zero-emission technology. The 'Shady Routes' report highlights the relationship between retail companies and their cargo carriers, and how both can make real change from a public health and climate perspective. Angeline Robertson, senior researcher, Stand.Earth Research Group and Dawny'all Heydari, campaign lead, at Ship it Zero join Cheddar News.
Next Week on the Street: Earnings, Mosseri Testifies, Blue Origin Launch
Earnings season continues in the week of December 6 - 10, and that's only the start of a slate of events on the calendar that may move markets. We will also see executives from the crypto world and Instagram Head Adam Mosseri testify before members of Congress, and Square's name change to Block officially goes into effect.
Some U.S. Restaurants Are Pausing Online Delivery Orders During Peak Hours
Many restaurants across the country have lately turned off delivery and online orders during peak hours, as eateries are still struggling with labor shortages and as many are also seeing more customers return for in-person dining. Wall Street Journal reporter Heather Haddon joins Cheddar News' Closing Bell to discuss.
Load More