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

Here are the headlines you Need2Know for Monday, October 4, 2021:

OIL SPILL

Parts of the Southern California coastline are covered in oil after a pipeline spilled about 3,000 barrels of crude -- about 100,000 gallons -- into the Pacific Ocean, where it’s been washing up on beaches, killing local wildlife and damaging wetlands. The spill happened at an offshore rig off the coast of Huntington Beach in Orange County and is already one of the worst in California’s history. Workers and volunteers have started a massive cleanup effort but some beaches could be closed for months. USA TODAY

COVID GAME CHANGER?

Dr. Fauci expressed his enthusiasm over the weekend about a new antiviral pill from Merck that was shown in trials to cut the risk of hospitalization and death from Covid in half if taken soon after the onset of symptoms. Merck is planning to ask the FDA for an emergency authorization of that pill ASAP, but Fauci said it shouldn’t be seen as a reason to not get vaccinated. POLITICO

BIDEN ECONOMIC AGENDA

House Democrats blew a self-imposed Friday deadline to vote on the bipartisan infrastructure bill after progressives revolted, saying they wouldn’t pass the bill until they had a commitment from centrists on the bigger spending package. Sens. Joe Manchin and Kyrsten Sinema remain the two key holdouts on that legislation, which continues to be negotiated down from its original price tag of $3.5 trillion over 10 years. AP

SCOTUS BLOCKBUSTER TERM

The Supreme Court opens its new term today, and it’s a big one. The justices will hear major challenges to abortion rights, gun regulations and the separation of church and state as it pertains to public schools. The biggest case is probably a challenge to a Mississippi abortion ban that could lead to a showdown over Roe v. Wade and the constitutional right to an abortion. The Court’s new term comes as recent polling shows  a significant drop in public opinion of the institution. NY TIMES

PANDORA PAPERS

A huge leak of financial documents from world leaders was published over the weekend by several news organizations. Dubbed the Pandora Papers, the docs reveal how current and former heads of state use sprawling networks of offshore accounts, shell companies and tax havens to allegedly hide millions of dollars in cash and assets. Among the allegations in the leaks: the king of Jordan has a real-estate portfolio worth more than $100 million spanning from Malibu to London, and an alleged mistress of Vladimir Putin bought a $4 million pad in Monaco after reportedly having his baby. GUARDIAN

FACEBOOK WHISTLEBLOWER

The Facebook whistleblower who provided thousands of pages of leaked internal documents to the news media and lawmakers has been revealed to be Frances Haugen, a former product manager who resigned in the spring. Haugen told 60 Minutes that she grew increasingly alarmed at what she saw while working at the company, saying that “Facebook, over and over again, has shown it chooses profit over safety.” Haugen is set to testify in front of Congress tomorrow about Facebook and Instagram’s impact on young users: WATCH THE INTERVIEW

WIN OR GO HOME

The Red Sox will host the Yankees in the American League Wild Card game tomorrow after both teams won in their regular season finales, avoiding several chaotic tiebreaker scenarios. The Yanks punched their ticket after Aaron Judge hit a walk-off single in the bottom of the ninth against the Rays, while the Sox won in a dramatic comeback over the Nats. The Dodgers will host the Cardinals on Wednesday for the National League Wild Card. ESPN

SQUID GAME MANIA

Have you been watching Squid Game? The latest Netflix sensation is such a bona fide smash that it’s currently no. 1 in more than 90 countries and on track to be the streaming giant’s biggest hit ever. The South Korean dystopian survival drama is one of the rare series to go viral simultaneously around the world without a big marketing campaign behind it. What Squid Game does have is good reviews, strong word of mouth and an endless supply of memes circulating on social media. The success of the show -- which was rejected for years by studios saying it was too gory and unrealistic -- also represents a huge payoff for Netflix’s $700 million investment in Korean TV and movies. WSJ

SPOTTED...

…Grimes, reading The Communist Manifesto on a stroll through L.A. after her split with Elon Musk. The singer later said the pics were staged to troll the paparazzi: SEE PICS

...Saturday Night Live’s newest cast member James Austin Johnson, tapped to play President Biden on the season opener: WATCH

...Kacey Musgraves, performing on SNL wearing just her cowboy boots and guitar: WATCH

LEFTOVERS: THANKS FOR THE MEMORIES

Tom Brady got the win in his return to Foxborough, where Tampa Bay beat New England 19-17 on a missed last-minute field goal attempt by the Patriots. Brady was cheered by Pats fans as he took the field, then booed on the opening drive. In the highly anticipated homecoming, Brady also broke the all-time passing record held by Drew Brees and became just the fourth QB in NFL history to beat all 32 teams. CBS SPORTS

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
Bitcoin Slumps a Week After Reaching an All-Time High, Is China Crackdown Causing Worry?
Bitcoin hit a new high last week, rising above $68,000. But the coin has tumbled since, and it's not the only coin under pressure. Crypto is down today across the board. Bobby Zagotta, CEO of Bitstamp USA, joins Cheddar News' Closing Bell to discuss the possible reasons why Bitcoin has slumped, how President Joe Biden's new crypto tax clause will impact investors, and more.
Sen. Schumer Presses President Biden to Tap Oil Reserves to Lower Gas Prices
President Biden is under some pressure from members of his own party over rising gas prices. Senate Majority Leader Chuck Schumer has called for the president to utilize oil reserves to lower gas prices ahead of the holiday season, as gas prices are currently at a seven-year high. Energy Workforce & Technology Council CEO Leslie Beyer joins Cheddar News' Closing Bell to discuss.
Green Bay Packers Selling 'Stock' for Sixth Time in Franchise History
The Green Bay Packers are selling shares of their stock for just the sixth time in its 102-year history. The Packers are the only major professional sports team in the U.S. that is publicly owned and not-for-profit. Now, it is offering 300,000 shares at $300 apiece; however, fans who become shareholders will not have much power, as the Packers' stock is not technically a stock. Washington Post sports reporter Des Bieler joins Cheddar News' Closing Bell to discuss.
Harry's To Provide Mental Health Support For Veterans And Afghan Refugees
The men's brand Harry's is teaming up with Stop Soldier Suicide and Headstrong to help provide mental health support with a $500,000 financial commitment. The withdrawal of troops from Afghanistan triggered a range of mental health responses from veterans and active service members, as well as displaced refugees who are now acclimating to a new way of life. Maggie Hureau, Harry's head of social impact, joined Cheddar News to talk about the partnership and why Harry's chose to get involved in mental health care.
President of Rosewood Hotels on Travel Comeback
As the U.S. opens its borders to vaccinated international travelers after months of restrictions, the hospitality industry is preparing for a comeback. Radha Arora, President and Co-Chief Development Officer, Rosewood Hotel Group joined Cheddar's Opening Bell to discuss his outlook for the broader travel industry.
Future of the Movie-Going Experience; Great Resignation and the Entertainment Industry
John Partilla, Screenvision Media CEO, discusses the biggest changes to the post-pandemic film industry and movie-going experience, what could bounce back, and changes are here to stay; Elaine Low, Senior Entertainment Business Reporter at Insider, breaks down how The Great Resignation is impacting the entertainment business, and what it means for competition among streaming platforms; Cheddar gets a look at Curiosity Stream's 'Before Hollywood.'
How 'The Great Resignation' is Heating Up Streaming Wars
Elaine Low, Senior Entertainment Business Reporter at Insider, joins Cheddar Reveals to break down how The Great Resignation is impacting the entertainment business, and what it means for competition among streaming platforms.
Future of the Movie-Going Experience
John Partilla, Screenvision Media CEO, joins Cheddar Reveals to discuss the biggest changes to the post-pandemic film industry and movie-going experience, what could bounce back, and changes are here to stay.
Load More