Here are the headlines you Need2Know for Friday, February 5, 2021:

COVID-19: GOOD NEWS ONLY

Johnson & Johnson has submitted its vaccine for emergency approval to the FDA, as expected. If and when the shot gets the green light, doses could start shipping by early March, adding a third highly-effective vaccine to the country’s arsenal. In NYC, Yankee Stadium opens today as a mass-vaccination site for eligible Bronx residents. COVID hospitalizations nationwide are finally back to their pre-Thanksgiving levels, down more than 40,000 from their early January peak. The U.S. did nearly 1.7 million vaccinations yesterday, a new daily record. STAT

SCHOOL OPENING BATTLE LINES

Chicago and San Francisco are in battles with their school districts over when and how to reopen schools for in-person learning. Chicago public-school students were supposed to go back to a hybrid model this week but the city and the teachers union have still not reached a deal, leading to a frustrated Mayor Lori Lightfoot blaming the union for dragging its feet. Meanwhile, in San Francisco the situation is even more contentious. The city is suing its own school district in an attempt to reopen classrooms. Teachers unions in many large districts are saying they won’t go back until they’re vaccinated. ABC NEWS

GREENE BOOTED

The House stripped Rep. Marjorie Taylor Greene of both her committee assignments as punishment for spreading conspiracy theories and hate speech. The vote was nearly party line, though 11 Republicans broke ranks to vote with Democrats. Of the 199 Republicans who voted against removing Greene, not a single one defended her. She expressed regret about at least some of her theories, saying she now believes "9/11 absolutely happened." AP

BIDEN CUTS BAIT ON SAUDIS

President Biden is ending U.S. arms sales and other support for Saudi Arabia in its long-running offensive in Yemen. That war, between Houthi rebels and the Saudis in one of the poorest countries in the world, has led to a “humanitarian and strategic catastrophe,” Biden said. Saudi warplanes armed with American weapons have been relentlessly and often indiscriminately bombing targets in Yemen for six years. AP

PELOTON DEMAND

Peloton has been among the biggest winners of the pandemic, so much so that it cannot keep up with the demand for its fitness bikes and treadmills. The company admitted as much in its earnings report, saying it had $1 billion in sales last quarter but future profits will be squeezed as the company invests in fixing its supply chain problem. Peloton buyers have reported months-long delays in getting their orders. BLOOMBERG

BEST LAPTOP EVER?

It’s been a couple months since Apple started shipping its new Macs made with its own proprietary silicon chips. After spending time putting them through the ringer, reviewers are nearly unanimously in their reviews -- that these are the best laptops on the market today, and it's not particularly close. The M1 MacBooks are expensive (obv.), but the innovation in the chips means that they're super fast, turn on instantly, don’t cause the fan to run, and the batteries are said to last at least all day. CNET

SUPER BOWL PREVIEW

Super Bowl LV is Sunday in Tampa Bay. Patrick Mahomes is looking to defend the Chiefs’ title, while Tom Brady is looking to win his seventh ring at age 43. Like everything else, the Big Game will look different from years past, with a fraction of the normal crowd on hand and a more reflective tone expected, at least off the field. The Chiefs are heavy favorites -- but as many have learned over the last two decades, you bet against Brady at your own risk. Kickoff is 6:30 p.m. ET on CBS. If you just want to see The Weeknd, the Halftime Show will probably start sometime in the 8 p.m. hour. PREDICTIONS

SPOTTED...

… Olivia Rodrigo, making her TV debut on Jimmy Fallon to sing her #1 hit Drivers License: WATCH

SCREEN ACTORS GUILD

Hot on the heels of the Golden Globes, the Screen Actors Guild Awards announced this year’s nominations, giving the late Chadwick Boseman an historic four nods combined for his two roles in Ma Rainey’s Black Bottom and Da 5 Bloods. The SAGs are considered among the most prestigious awards for actors because they’re given out by their peers. Meanwhile, former President Trump resigned from SAG-AFTRA, the union behind the awards, as he faced disciplinary action for the Capitol riot. In a letter, Trump wrote that he was proud of his work in Home Alone 2 and Zoolander but concluded that being a SAG member has "done nothing for me”: READ IT

LEFTOVERS: SECOND CHANCE STIMULUS

If you did not receive the full amount you were owed in either round of stimulus checks over the last year, there’s still a chance to get it straightened out. In some cases, payments may have been miscalculated; in others, they may never have been received at all for a host of reasons. If you believe this happened to you, the IRS is letting eligible taxpayers claim a recovery rebate on their 2020 tax returns. Here’s how to do it: READ

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
A Guide to the World of Art Investment
Joanna Ostrem, Head of Estates, Appraisals, and Valuations at Christie's, joins Cheddar Reveals to discuss what to look for when evaluating a piece, building a collection, and the growing interest from millennial investors.
White House May Extend Payment Pause On Student Loans
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
Propel Raises $50 Million to Provide Financial Tools to Low-Income Americans
Mission-driven fintech company Propel raised $50 million in a Series B round led by Nyca Partners. Propel's mission is to help low-income Americans improve their financial health. The company's free app is called Providers, designed as a one-stop-shop for Americans to manage government benefits and other income side-by-side. Jimmy Chen, founder and CEO of Propel, joins Cheddar News' Closing Bell to discuss.
Russia Reportedly Seeking Aid From China for Ukraine War
Russia may be asking China for help with its war in Ukraine, according to several reports citing unnamed U.S. officials. Russia is reportedly calling on its ally for military and economic assistance, in an attempt to avoid punishment from sanctions imposed by the U.S., Europe, and Asia, which have hammered Russia's economy. Chinese and Russian officials denied the reports. Meanwhile, top U.S. and Chinese officials are meeting today, with both countries confirming the conflict in Ukraine will be the meeting's main topic. Edward Wong, diplomatic correspondent for the New York Times, joins Cheddar News' Closing Bell to discuss.
Planned Parenthood CEO on Texas Supreme Court Ruling Against Abortion Providers
Following the Texas Supreme Court's decision to end further challenges against the latest abortion restrictions, Texas saw a 60 percent decrease in abortions performed in the state — with an exodus of patients seeking care in other parts of the country. President, and CEO of Planned Parenthood Federation of America, Alexis McGill Johnson, joined Cheddar News at South by Southwest 2022 to discuss the impact of the court's ruling on reproductive health care in the Lone Star State and beyond.
Load More