Here are the headlines you Need2Know for Wednesday, July 21, 2021:

BEZOS LEAVES EARTH

Fifty-two years to the day after Neil Armstrong stepped on the Moon, Jeff Bezos became the second billionaire in as many weeks to ride one of his own rockets to the cusp of space. Blue Origin’s first human test-flight went off without a hitch, with Bezos calling it the “best day ever.” Video from inside the capsule showed the crew of four, including the oldest and youngest people to ever go to space, doing somersaults and tossing Skittles and ping pong balls as they experienced a few moments of weightlessness. At a press conference after the successful trip, Bezos thanked “every Amazon employee and every Amazon customer because you guys paid for all of this.” CHEDDAR

COVID-19 LATEST

The Delta variant now makes up 83% of U.S. coronavirus cases, according to the CDC, up from 50% two weeks ago. A new study suggests the Johnson & Johnson vaccine may be significantly less effective at protecting against the Delta strain than the mRNA vaccines made by Pfizer and Moderna. That study has not been peer-reviewed but the authors say it’s evidence that the 13 million Americans who got the J&J shot may need to get a Pfizer or Moderna booster, though that is not an official recommendation at this point. NY TIMES

AIR QUALITY

The early start to wildfire season in the West is affecting cities on the East Coast, where the air quality has fallen to unhealthy levels. NYC recorded an air quality reading of 155, which would be considered bad for Beijing. The air is  considered dangerous for sensitive groups like those with asthma or COPD, heart disease, children, and pregnant women -- all of whom should avoid prolonged outdoor activity. A cold front moving into the Northeast today should clear out some of the smoke and haze. ACCUWEATHER

BULLET TRAIN

China unveiled a new maglev train that will become the fastest ground vehicle in the world when it goes into service. Maglevs use magnets to let a train “hover” above the track, reducing friction and letting them go much faster than typical trains. China’s next-gen maglev will cut the 750-mile trip from Shanghai and Beijing down to about 2.5 hours. The same distance on Amtrak -- NYC to Atlanta --  takes about 19 hours...if you’re lucky. SCMP

PEGASUS LEAK

French President Emmanuel Macron is among the world leaders whose cell phones were reportedly the target of surveillance by spyware made by the controversial Israeli tech company NSO Group. A leaked database of NSO government clients shows 50,000 phone numbers identified as “people of interest” by customers of NSO’s Pegasus software. NSO says it has no idea what its clients do with Pegasus, which installs itself on a user’s phone and allows for the mic and camera to be remotely activated. GUARDIAN

STREAMING WARS

Netflix reported earnings that missed expectations, showing subscriber growth slowed due to a lack of new programming. The studios are working through a backlog of production delays from the pandemic, leading to the relatively bare shelves currently in theaters and on streaming services. Still, Disney+, Prime Video, HBO Max, and Apple TV+ are gaining on Netflix as its share of the pie continues to shrink. But Disney’s focus on driving people to its streaming platform is coming at a cost: Black Widow’s box office numbers last weekend were awful, dropping 67% from opening weekend and suggesting that big new releases can’t maintain their “legs” at the theater when they’re available to stream. MEDIAPLAY

BUCKS WIN!

The Milwaukee Bucks won their first NBA title in 50 years, defeating the Phoenix Suns in six games after losing the first two. MVP Giannis Antetokounmpo put up 50 points, 14 rebounds, and five blocks to cap a signature season for the “Greek Freak.” Giannis was drafted as the 13th pick in 2013 and declined to leave Milwaukee until he brought the city a championship. JOURNAL SENTINEL

HARRY'S TELL-ALL

Prince Harry reportedly gave Buckingham Palace a “heads-up” that he was writing a “wholly truthful” memoir, but did not ask the Queen’s permission to pen the book. The Duke of Sussex is said to be getting in the neighborhood of $20 million for the tell-all, expected to be published by Penguin Random House late next year. PEOPLE

SPOTTED...

…Touchdown Tom Brady and the Tampa Bay Bucs, at the White House to celebrate their Super Bowl win. Brady even brought some jokes, ribbing President Biden about the number of Americans who don’t believe he won the election: WATCH

...the new trailer for Jackass Forever, featuring snakes, bears, tarantulas and no shortage of explosives: WATCH

...Sha’Carri Richardson, featured in a Beats by Dre ad that doubled as confirmation that Kanye West’s new album is dropping Friday: WATCH

LEFTOVERS: BASEBALL HISTORY

Last night’s Orioles-Rays game in Tampa made some baseball history. For the first time, a game was called by an all-female broadcast team. Melanie Newman, the Orioles’ play-by-play announcer, was in the booth with MLB.com’s Sarah Langs as her analyst. MLB Network’s Alanna Rizzo reported from the field, while Lauren Gardner and Heidi Watney anchored the pre- and post-game shows. ESPN

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
Winter Fire Safety Tips to Protect Families
Daniel Madrzykowski, research director at the UL Fire Safety Research Institute, joins Cheddar News to discuss the deadly Bronx fire that killed 19 people and fire safety tips that people need to know about.
U.S. Stocks Close Mixed as Nasdaq Closes at Session High
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
CrossTower Partners With BankProv to Provide Crypto Lending Platform
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Break the Love Raises $2.5 Million Seed Funding Round to Get People Playing Tennis
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
Nurses Call For Protection For HealthCare Workers
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China Crackdown on "Sissy Men"
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Lawmakers Reflect Back on January 6th Capitol Riots
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond's Stock Jumps Despite Earnings Miss as Meme Stock Mania Reappears
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
Load More