Here are the headlines you Need2Know for Wednesday, December 16, 2020:

WINTER STORM INCOMING

People in the Northeast will likely see more snow in the next 36 hours than they saw all of last winter. A significant nor’easter is bearing down on the East Coast, starting with ice and rain this morning in Virginia that will turn to snow as the system moves north today. Blizzard conditions, strong winds and coastal flooding are in the forecast from the D.C. metro area up to New England through tomorrow. NYC is expected to see a foot of snow, with the first flakes appearing this afternoon. The storm is moving fast, which will help keep snowfall totals down a bit. TRACK

VACCINE LATEST

The FDA says its internal analysis shows that the Moderna coronavirus vaccine is highly effective, setting up an emergency authorization that could come as soon as this Friday. That would make two vaccines available to the public in the coming weeks and months. The problem is that the White House has only locked in enough doses of the two drugs to cover 150 million Americans through June. The administration is reportedly working on a plan to force Pfizer’s suppliers to free up more of the raw materials that would allow the company to produce tens of millions of additional doses. NY TIMES

BIDEN TRANSITION

Sen. Mitch McConnell, the most powerful Republican in Congress, has acknowledged and congratulated President-elect Joe Biden on his electoral college win. McConnell has reportedly been telling other Republicans to give up on trying to change the outcome of the election so that the party can present a united front in the new Congress next year. Meanwhile, President-elect Biden has picked Pete Buttigieg to be his transportation secretary and Jennifer Granholm, the former Michigan governor, to be his energy secretary. REUTERS

STIMULUS PROGRESS

It’s now or never for lawmakers to come to an agreement on a stimulus package. Congressional leaders stayed late last night, with both sides voicing optimism that a deal is within reach. The consensus appears to be to attach relief measures to a spending bill that needs to pass by Friday to keep the government from shutting down. Beyond that, details on the size and specifics of what would be in the package have not been made public. POLITICO

NEW PHILANTHROPIST IN TOWN

MacKenzie Scott, who helped launch Amazon with her ex-husband, Jeff Bezos, has disclosed that she’s been giving away $1 billion a month to charity -- $4 billion in the last four months, spread around to about 400 nonprofit groups. In a post on Medium, Scott says she’s been donating money to historically Black colleges and universities, food banks, YMCAs and is targeting organizations that help underprivileged and chronically underfunded communities. The philanthropic world is said to be amazed at the speed at which Scott is giving away her fortune. READ IT

CHICKEN SANDWICH WARS

When Popeye’s launched its fried chicken sandwich last year, the fast-food chain probably didn’t know it was firing the warning shot in a new industry battle. Since then, Wendy’s and Zaxby’s have announced similar products and the big dog, McDonald’s, is preparing to launch its own version in the coming year. DoorDash says the chicken sandwich was the second-most ordered item in 2020, behind chicken fingers but ahead of pizza. CHEDDAR

RECORD NBA CONTRACT

Residents of Milwaukee, rest easy: the Greek Freak will be sticking around for a while. Giannis Antetokounmpo has agreed to a five-year deal with the Bucks. The supermax extension, worth $228 million, is the largest deal in NBA history. Giannis has led the Bucks to the best record in the league for two years running, though he’s been stopped in the playoffs. CNN

CRUISE UNLEASHED

In an audio recording leaked to a British tabloid, Tom Cruise can be heard screaming at the production crew of Mission: Impossible 7 for breaking COVID-19 protocols. Cruise has reportedly been personally enforcing social distancing rules on set and became enraged when he saw two crew members standing next to each other at a computer screen. The MI7 production has been postponed and moved around Europe several times, and Cruise said he wants the set to be the “gold standard” for how to make a movie during a pandemic. LISTEN

ROYAL PODCASTERS

Prince Harry and Meghan Markle’s transformation from royals to media moguls continues, with the announcement from Spotify that the Duke and Duchess of Sussex have signed a podcasting deal. The couple will produce podcasts that tell “uplifting and entertaining stories” exclusively for the streaming platform. Terms of the deal were not disclosed. FRANCE24

LEFTOVERS:  LIKE FATHER, LIKE SON

A Canadian father went under the needle for 30 hours in order to get a tattoo that replicated the birthmark on his son’s chest. Derek Prue Sr. said his 8-year-old son, Derek Jr., had grown self-conscious about the large brown birthmark on his body, and had started wearing a t-shirt in the pool. Derek Sr. decided to get a tattoo to match so that his boy wouldn’t feel uncomfortable in his own skin: SEE PICS

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
Rep. James Clyburn on Honoring Martin Luther King Jr. and Fate of the Filibuster
With Martin Luther King Jr. Day fast approaching, Rep. James Clyburn (D-S.C. 6th District), the House Majority Whip, talked about the importance of honoring the iconic civil rights activist. "As we consider the life and celebrate the legacy of Martin Luther King Jr., let's think about who and what we are as a country, and whether or not we're going to give up on the ideals of this country or continue to press forward," he said. Clyburn also discussed the push for new voting legislation, the For the People Act and the John Lewis Act, as well as the fate of the Senate filibuster.
Game On for Sports Betting in New York
It was 'game on' for sports bettors in the state of New York, as mobile betting kicked off on four major betting operating platforms Saturday. This comes at an exciting time for sports fans with some of the biggest NFL games of the season right around the corner. Cam Rogers - Host of Lock It In with Cam Rogers, Betting Analyst at the Bleav Podcast Network joined Cheddar's Opening Bell to discuss.
U.S. Purchases 600K Doses of New Antibody Treatment Amid Omicron Surge
The United States purchased over 600,000 doses of a monoclonal antibody treatment from Glaxosmithkline and Vir Biotechnology, bringing the total worldwide doses purchased to 1.7 million. This comes as the country attempts to ramp up treatment options as cases of the omicron variant continue to surge. Dr. Asha Shah, Director of Infectious Diseases at Stamford Health joined Cheddar's Opening Bell to discuss.
Victor Cruz Might Even Flip Burgers Himself for His Krystal Restaurants Franchise in NJ
Former wide receiver for the New York Giants, Victor Cruz has partnered with Krystal Restaurants, a popular burger chain in the South, to bring the franchise to his home state of New Jersey. Cruz and Alice Crowder, CMO of Krystal Restaurants, joined Cheddar's Opening Bell to discuss the venture. The five new locations will be known as "Victor Cruz's Krystal," decked out with memorabilia from his football career, with the former player explaining how "hands-on" he plans on being. "You never know, OK? You might walk in and Victor Cruz will be flipping a burger back there, and you might be getting it directly from the source," he said.
Sports Betting Industry Growth
Max Bichsel, vice president at Gambling.com Group joins Cheddar News to talk about the growing sports betting industry, New York legalizing mobile betting, and 2022 predictions for the sector.
Massive Gaming Deal as Take-Two Interactive Acquires Zynga
Mario Stefanidis, Vice President of Research at Roundhill Investments, joined Wake Up With Cheddar to break down the implications of the Take-Two deal to purchase Zynga, as the gaming giant looks to become a major player in mobile gaming.
As the Covid Crisis in Schools Ramps Up, Educational Leaders Struggle
Covid cases have started to spike again across the nation, and this time they seem to be hitting some of our youngest and most vulnerable - school-aged children. School districts across the nation - including the country's largest public school system in New York City- are all grappling with what to do as teachers and students alike continue to miss school in droves. Katie Honan, reporter for the New York City-based non profit news organization, The City explains how educational leaders across the country are handling covid demands from both teachers and parents alike.
Bitcoin Dips Below $40K As Death Cross Looms
For the first time since September, Bitcoin fell below $40,000 early Monday. The currency's average short-term price has now dipped below its average long-term price, which is known by a rather dramatic term, a death cross. According to analysts, the indicator appears to be a result of mounting concerns of faster liquidity withdrawal by the US Federal Reserve. The crypto slump also follows a week of rough trading for equities overall. CEO Snickerdoodle Labs and Co-Founder of the Stanford Future of Digital Currency Initiative, Jonathan Padilla, joined Cheddar to discuss more.
America's Mothers Still Struggling to Balance Work and Child Care Post Pandemic
Throughout this pandemic, we witnessed a mass exodus of women in particular, from the workforce. A number of women say an increase in home and child care responsibilities forced them to make a decision they never thought they would; to simply quit their jobs. Many others had the decision made for them and were laid off. In fact, we did a LinkedIn poll today where 29 percent of women said their careers took a back seat. Reporting Fellow at Type Media Center and Author of "Work Won't Love You Back" Sarah Jaffe, joined Cheddar to discuss more.
Load More