Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Friday, December 10, 2021:

JUSSIE GUILTY

Jussie Smollett was found guilty of lying to police about being the victim of a hate crime nearly three years ago, in a case that quickly tapped into the country’s political polarization. The jury convicted the former Empire actor on five of six counts of felony disorderly conduct, and he could face up to three years in prison on each count. Smollett’s defense team said they will appeal the verdict, calling him an “innocent man.” NBC NEWS

BOOSTER ELIGIBILITY

Booster shots of the Pfizer vaccine are now available to 16- and 17-year olds, so long as they are six months past their second dose. The CDC granted the emergency authorization and strongly encouraged those teens to get boosted as soon as they become eligible, given the extra protection the boosters seem to provide against the Omicron variant. REUTERS

MIGRANT TRUCK CRASH

At least 53 people died and dozens more were injured when a tractor-trailer carrying over 100 migrants crashed in southern Mexico. The truck rolled over and crashed into a pedestrian bridge near Mexico’s border with Guatemala. Most of the victims appear to be from Central America and include some young children. AP

NZ TOBACCO BAN

New Zealand is implementing a novel approach to ending smoking entirely. Under a new plan, the minimum age to purchase cigarettes will be raised by one year every year. That means that children who are 14 when the law goes into effect will effectively be banned from ever legally buying tobacco. The government wants to reduce the national smoking rate to 5% by 2025, with a goal of eliminating it altogether. Critics of the plan say it will just push the sale of cigarettes onto the black market. BBC

ECONOMIC RECOVERY

You wouldn’t know it from his poll numbers, but President Biden is overseeing the fastest economic recovery in American history. Weekly jobless claims fell to 184,000 last week – the lowest level in more than half a century, as the labor force participation rate is now back to pre-Covid levels. The unemployment rate is down from 6.7% this time last year to 4.2% today – approaching the level economists call “full employment,” meaning virtually everyone who is able and willing to work is working. Still, the cost of goods remains near a 40-year high, as we will see when the monthly inflation data is released this morning. THE HILL

STARBUCKS UNION

Starbucks workers at a store in Buffalo, N.Y. have voted to unionize, creating the first U.S. labor union in the coffee chain’s 50-year history. In the first of three separate store elections in the Buffalo area, one location voted in favor of the union, one voted against, and the third vote hasn’t been ratified. The election is a big win for the resurgent organized labor movement in America, and a blow to Starbucks, which had fought the unionization attempts. BUFFALO NEWS

FOR THE WIN!

Rutgers pulled off the greatest buzzer beater of the college basketball season in its game against Purdue last night. Ron Harper Jr. drained a three from just inside half court as time ran out to give the Scarlet Knights the win over the Boilermakers. Purdue was playing in its first-ever game as the No. 1 team in the country: WATCH

TRAVIS SCOTT BREAKS SILENCE

Travis Scott is speaking out at length about the tragedy at his Astroworld music festival for the first time. The rapper sat down with radio host Charlamagne Tha God for a 50-minute interview, claiming that he had no idea that a mass casualty event was unfolding in the crowd in front of him until after he ended the Nov. 5 show. Scott suggested that the media was unfairly blaming him for the incident, in which 10 fans were killed in a stampede, and that he continued to perform after emergency personnel were on scene only because he wasn’t told in his earpiece how serious the situation had become. POWER 105.1

SPOTTED...

…Bob Iger, delivering the morning weather report on L.A.’s KABC, ahead of his retirement from Disney at the end of the year: WATCH

…an 850-lb. pot brownie containing 20,000 mg of THC, baked in Massachusetts and thought to be the biggest ever: SEE IT

LEFTOVERS: IF AT FIRST YOU DON'T SUCCEED...

The giant container ship that got itself wedged into the Suez Canal for six days in March – a canary in the coal mine for the supply chain breakdown, in retrospect – is about to give it another go. The Ever Given is currently steaming toward the canal once again, fully loaded up with cargo. Ship-tracking data estimates that she’ll reach the Suez sometime on Sunday. BLOOMBERG

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
20-Year-Old Entrepreneur Tania Speaks on Emotional 'Shark Tank' Deal With Mark Cuban
Season 13 "Shark Tank" contestant Tania Speaks secured a $400,000 deal for her Speaks Organic Skincare brand with "Shark" Mark Cuban while also being named one of the best pitches in the history of the show — all at 19 years old. Now 20, Speaks joined Cheddar News to talk about the skincare line, the clean beauty industry, and the moment that host Cuban was moved by her pitch. "I couldn't believe that he got emotional. I'm surprised I held back my tears that long," the young entrepreneur revealed. "It's just amazing for someone else to be inspired by your story, especially Mark Cuban himself."
ViacomCBS Rebrands as Paramount Global, Puts Emphasis on Streaming
The media giant formerly known as ViacomCBS has officially rebranded itself as Paramount Global with a focus on its streaming service, Paramount Plus. Naveen Chopra, chief financial officer at Paramount, joined Cheddar to discuss the company’s name change and streaming wars. "There are components of content licensing that we continue to do, either historical arrangements or opportunities to license content that don't really impinge on what we're trying to do with our owned and operated services and that continues to be an important ingredient in our broader financial model," he said. "But our number one priority is putting our best assets on Paramount Plus." Chopra also discussed theatrical release windows before feature films hit its service and the platform's subscription goals.
ULTA Beauty To Spend $50 Million On Diversity Initatives
In efforts to help support black-owned brands. Ulta Beauty says it will make a commitment to not only give these brand shelf space but also help them navigate the ins and outs of growing a business. Last week, the beauty retailer announced in order to reach those goals, the company will spend $50 million on diversity and inclusion programs, including an accelerated program to mentor entrepreneurs of color. CEO of Ulta Beauty, Dave Kimbell, joined Cheddar to discuss more.
U.S Chamber of Commerce Hosts Virtual Event 'Developing the Black-Owned Business Ecosystem'
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
Bringing Black History Month Celebrations to Your Business
While Black History Month is a time to celebrate the achievements of Black Americans, it's also a time to reflect on how they can be better heard and supported. Black Americans are still fighting for voting rights, facing more severe impacts from COVID-19, and experiencing gaps in workforce representation and pay. Alexandra Schrecengost, hybrid work expert and CEO of "Virtual With Us" and "Culture With Us,' joined Cheddar News to discuss.
Load More