Here are the headlines you Need2Know for Wednesday, August 18, 2021:

TALIBAN TAKEOVER

The Taliban is moving quickly to consolidate power in Afghanistan, holding news conferences and conducting media interviews meant to assure Afghans that the militant group will not retaliate against those who worked with U.S. forces over the last two decades. The group is also calling for Afghan women to join the new government, despite its history of oppression and violence. The Taliban’s longtime spokesman made his first-ever public appearance to say the country will not be used as a safe haven for terrorists as it was pre-9/11. Meanwhile, more U.S. troops have landed in Kabul to secure the airport and speed up the pace of air evacuations. AP

AFGHAN REFUGEES

The EU is preparing for an influx of Afghan migrants that could rival the 2015 refugee crisis in Syria. The geopolitical conditions have changed since then, and countries like Germany that opened their doors to those migrants are signaling that they will be less hospitable this time around. As for the U.S., former President Bush is urging the Biden administration to “cut the red tape” and expedite the resettlement of Afghans trying to flee Taliban rule. DALLAS MORNING NEWS

TX GOV HAS COVID

Texas Gov. Greg Abbott has tested positive for COVID and is receiving Regeneron’s monoclonal antibody treatment, despite being fully vaccinated. Abbott is at least the 11th governor to test positive since the pandemic started. He is also one of the few governors to ban mask mandates anywhere in the state, leading to one Texas school district making masks part of its dress code to get around Abbott’s executive order. NBC NEWS

DESPAIR IN HAITI

The death toll from last weekend’s earthquake in Haiti is approaching 2,000, with nearly 10,000 injured. Survivors have been using makeshift shelters to keep safe as the area near the epicenter of the quake was hit with flooding and mudslides from Tropical Storm Grace. The recovery effort is slow going, in part because the only road linking the southern part of the country to the capital has come under fire from armed gangs. If you’re looking for ways to help, here’s a list of vetted organizations working in Haiti: SEE IT

RETAIL SALES

The impact of the pandemic’s summer resurgence is starting to manifest in the economic data. Retail sales dropped 1.1% in July, more than the expected 0.3% decline as Americans started to pump the brakes on spending in stores, restaurants and online (car sales actually fared the worst, due to the ongoing chip shortage). The retail sales data is important because 70% of the U.S. economy is made up by consumer spending, but it also doesn’t include spending on many “services” like airline tickets. Credit card data shows those transactions are also down. CNN

TALI-BANNED

The last time the Taliban was in control of Afghanistan, social media did not exist. This time, the militant group is hoping to make use of it -- and that’s creating a new problem for platforms like Twitter and Facebook, especially given that the former U.S. president remains banned on both. Several Taliban spokesmen are using Twitter to communicate directly with the public, with the company appearing to allow Taliban accounts to stay up so long as they don’t break its rules on promoting violence. Facebook and TikTok have both taken a harder line, banning accounts that promote content related to the Taliban. CNET

OSAKA MEETS THE PRESS

Naomi Osaka returned to face questions from the media for the first time since she pulled out of the French Open in May after refusing to speak to reporters. Back in front of the press ahead of a tournament in Ohio, Osaka took three questions before a columnist from the Cincinnati Enquirer asked the tennis star how she balanced her aversion to the media with “a lot of outside interests that are served by having a media platform.” That question caused Osaka to tear up before leaving the podium to compose herself, while her agent called the reporter a “bully” whose “sole purpose was to intimidate”: WATCH

BABY MAKES THREE

Pete and Chasten Buttigieg are new daddies. The transportation secretary and his husband have announced that they are welcoming their first child, noting that “the process isn’t done yet” but that they’re “overjoyed” at becoming parents. The happy news is a marker of visibility for same-sex couples striving to become parents. PEOPLE

SPOTTED...

...Alex Rodriguez, opening up in his first interview since splitting with J. Lo: WATCH

...the first look at the upcoming season five of The Crown, featuring Dominic West as Prince Charles and Elizabeth Debicki as Princess Di: SEE IT

LEFTOVERS: NFL HOLD-INS

Something new has been happening across NFL training camps this preseason. A clause in the latest collective-bargaining agreement fines players in the process of renewing their contracts $50,000 a day if they don’t show up to camp while those negotiations play out. The change was meant to fix the problem of big-name players refusing to show up to practice until their new contracts are signed, sealed and delivered. But the savviest stars have found a workaround: they show up, but don’t actually do anything. In Pittsburgh, T.J. Watt has been running laps around the practice field. In Seattle, Duane Brown and Jamal Adams have both been reporting for camp and doing everything but touching a football (although it looks like that's about to change for Adams.). And in Miami, Xavien Howard had been sitting on the sidelines with an ankle injury that miraculously disappeared as soon as his new deal was signed. WSJ

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
AT&T Investors Digest WarnerMedia Spinoff Merger With Discovery for $43 Billion
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
Energy Storage Solutions Company Leclanché Powers EV Fleets to Reduce Emissisions
A 2021 report from UK Research and Innovation found that the shipping industry makes up at least 2.5 percent of the world's total CO2 emissions. It's a problem that energy solutions company, Leclanché, is trying to solve. Founded in 1909, the company has been developing and producing batteries for more than 100 years. Today, Leclanché's lithium-ion battery is used to electrify not just ships, but also railroad locomotives, trucks, and specialty vehicles. Cheddar News spoke with Pierre Blanc, chief technology and industrial officer of Leclanché, to discuss.
Amazon Funds Amogy to Commercialize Ammonia-Powered Cargo-Shipping Vessels, Decarbonize Transportation
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
FedEx Announces Student Ambassador Program With Historically Black Colleges & Universities
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
'Sing 2' Takes Top Spot From 'Spider-Man' at UK Box Office
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
First Black CEO of Big Brothers Big Sisters of America on Empowering Youth With NFL
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
Supreme Court To Hear Challenge To Affirmative Action
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
Crypto Prices Plummet, Wiping Out $1 Trillion In Global Value
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Streaming Giants Struggle to Retain Subscribers Following Big Releases
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release. According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
Load More