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

Here are the headlines you Need2Know for Thursday, February 3, 2022:

MORE TROOPS IN EUROPE

President Joe Biden has ordered 2,000 U.S.-based troops to Poland and Germany and is moving another 1,000 from Germany to Romania in an effort to bolster NATO's defensive position closer to Ukraine. The Biden administration aims to shore up the administration's commitment to supporting NATO without undermining ongoing diplomatic talks against the backdrop of 100,000 Russian troops massing on the border of Ukraine. While both Biden and Russian President Vladimir Putin have expressed a reluctance to engage militarily, negotiations have reportedly hit a wall, with Putin claiming NATO is not taking his demands seriously. AP

ARMY BOOTS NON-VACCINATED

As vaccine mandates remain unevenly applied across the country, the U.S. Army has announced that it will soon start discharging soldiers who refuse to get the jab. Those soldiers who get discharged will also not receive involuntary separation pay. This won't be a problem for most soldiers, as 96% of active troops have been completely vaccinated. There are 3,350 hold-outs, and 5,900 who have received temporary exemptions. NPR

WINTER WOES

So Groundhog Day was yesterday, and Punxsutawney Phil predicted six more weeks of winter. Whether you believe the folklore or not, this winter is shaping up to be particularly rough, and many across the country are feeling the chill. Nearly a third of Americans are in the path of a winter storm that is predicted to bring ice and snow from Texas to the midwest to New England,. Airlines are canceling thousands of flights for the second time in a week. Texas Gov. Greg Abbott, meanwhile, said that "no one can guarantee" there won't be power outages during the storm. The admission likely didn't inspire much hope for Texans fearful of losing power after last year's deadly blackouts. INSIDER

Even the storms are bigger in Texas.

BIDEN'S CANCER MOONSHOT

President Biden on Wednesday doubled down on a "moonshot" initiative to reduce the cancer death rate by 50 percent within the next 25 years. He first announced the effort as vice president back in 2016, and is now upping the ante. Cancer is predicted to kill 609,360 people this year, according to the American Cancer Society. Biden wants to cut that number in half. To do that, he plans to form a "cancer Cabinet" of department heads and host a summit on the topic, but he did not promise any new funding commitments to research or other public health efforts. AP

How about a cancer vaccine, big pharma?

JEFF ZUCKER RESIGNS

CNN Worldwide President Jeff Zucker has resigned after acknowledging a consensual relationship with a fellow executive which had not previously disclosed. "I was required to disclose it when it began but I didn't. I was wrong. As a result, I am resigning today," Zucker told employees in a memo. The announcement shocked the company, coming less than two months after the executive fired anchor Chris Cuomo for his improper role in helping his brother, then Governor Andrew Cuomo, in addressing sexual misconduct allegations. CNN

OMICRON SLAMS LABOR MARKET

Ahead of this Friday's big jobs report, ADP data show it's not looking good. The payroll processing firm reported that the U.S. economy cut jobs in January at the highest rate since the start of the pandemic. Private payrolls dropped 301,000, with service workers making up the lion's share of the losses. Economists are pointing to the omicron variant, which is having a bigger impact on the economy — and on public health — than many had initially expected.  WASH POST

MEET THE WASHINGTON COMMANDERS

Goodbye Redskins, hello Commanders. After months of speculation and some detective work from fans who figured out the name ahead of time, the Washington Football Team has made the change official. Other contenders, such as the Warriors and the Red Wolves, were beaten out by the Commanders, which got broad support within the team. As for the fans, not everyone is happy, but that hasn't stopped them from coming up with some new chantsNPR

We say name them the Commandos and have their logo be a guy wearing no underwear.

BUTTERFLY PRESERVE THREATENED

A Texas butterfly preserve targeted by conspiracy groups has decided to close for the foreseeable future over increasing harassment. After fighting the border wall plan back in 2017, which it claimed would have cut its property in two and hurt the environment, wall supporters accused the National Butterfly Center of harboring a sex-trafficking ring. The preserve says staff members were physically attacked last week over the claims and decided to close during a "We Stand America" rally over the weekend. Now it says it will remain closed until it can figure out how to move forward safely.  TEXAS PUBLIC RADIO

META'S STABLECOIN DEBACLE

Meta grabbed headlines on Thursday as shares plunged after it reported a slip in profits, but many are still unpacking the company's failed effort to launch a new digital currency and payment system called Diem. After years of wrangling with regulators and lawmakers, the project came to an end this week. Cheddar spoke with a number of crypto experts about what went wrong and what it means for other stablecoin issuers. Is this the beginning of a regulatory crackdown, or a one-off miss from a company with a history of big swings?CHEDDAR

Not-so-stablecoin.

LEFTOVERS: METAVERSE LAND GRAB

The real estate market is hot, even in the metaverse. A new analysis from MetaMetric Solutions found that sales of digital property across the four major metaverse platforms hit $501 million in 2021, and remained elevated into the new year, with $85 million in sales in January alone. Facebook's rebranding as Meta and its commitment to the metaverse has boosted sales, and analysts are predicting the market could reach $1 billion by 2022. CHEDDAR

Need2Know Podcast Note: The Need2Know podcast is taking a break for now. We're looking forward to bringing you more context and analysis on the big stories of the day in a few weeks. In the meantime, check out our archive on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Plant-Based Way to Quit Smoking; Innovation in Stroke Therapy
On this episode of Cheddar Innovates: CEO of Achieve Life Sciences discusses a new plant-based compound that's being used to fight nicotine addiction; President & CEO OF DiaMedica Therapeutics explains a new ischemic stroke treatment option that expands the window for effective therapy for stroke patients; Cheddar gets a look at Curiosity Stream's 'Asteroid Rush.'
Pressure to Settle $1 Billion Claim From Nassar Survivors Against FBI
Survivors of Larry Nassar, including Olympian Simone Biles, are seeking $1 billion in damages from the FBI due to its failure to investigate the former gymnastics team doctor convicted of committing years of serial sexual abuse of minors. Jack Queen, a senior reporter at Law360, joined Cheddar News to break down the legal grounds of this case. "This is one of the biggest black eyes that the Bureau has faced in generations, quite frankly, and the FBI has taken full responsibility and admitted that it completely botched this investigation," he said. "So, there's a lot of pressure to settle."
Elevate Prize Foundation Wants to Create 'Fanbase for Good' With $10K Awards
The Elevate Prize Foundation is donating $10,000 to different grassroots organizations based on a theme every month to help scale their work, focusing on a different theme each time. Upcoming prizes will help uplift an organization supporting the LGBTQ community and one mobilizing to help end gun violence. The foundation's CEO Carolina Garcia Jayaram joined Cheddar to discuss the initiative and why it's important to uplift these grassroots organizations. "We are identifying social entrepreneurs around the world to help them scale their work. but the ultimate purpose of that is to create the first-ever fanbase for good," she said. "We're trying to make good famous and by inspiring people to think about the role they can play in doing good in the world."
Stephanie Shojaee on Paving the Way for Women in Real Estate
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
Hot summer could lead to rolling blackouts
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
U.S. traffic deaths hit 16 year high
If you have been on the road this past year, you've probably seen more accidents on the road than you ever have. You're not wrong. Traffic fatalities are not only increasing they are hitting historic highs. Almost 43,000 people died in motor vehicle accidents in 2021. Cheddar's Shannon Lanier investigates - and finds out why.
U.S. Stocks Closed at Session Highs Tuesday
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
Gymnasts Seek $1 Billion From FBI Over Larry Nassar Case
The victims from the USA gymnastics sexual abuse scandal continue to seek justice. Survivors of Larry Nassar are seeking more than one-billion dollars from the FBI for failing to stop the convicted sports doctor when the agency first received allegations. According to a report released by the Justice Department's Inspector General, FBI agents knew in July of 2015 that Nassar was accused of abusing gymnasts; however, Nassar wasn't arrested until December of 2016. The group that filed the claim includes Olympic medalist Simone Biles and around 90 other women. Louise Radnofsky, sports reporter at The Wall Street Journal, joins Cheddar News' Closing Bell to discuss.
Kat Tat on Becoming 'Elite' Black Woman Tattoo Artist in Unwelcoming Industry
Tattoo artist Katrina "Kat Tat" Jackson, famous for starring in the VH1 hit series "Black Ink Crew: Chicago," is also the first Black woman to own a tattoo shop in Beverly Hills. She joined Cheddar News to discuss her trailblazing work, the stigma BIPOC tattoo artists face in the industry, and the way the space has changed for artists of color since her start. "In the beginning, I remember walking into a tattoo shop just like, hey, I wanna learn, I wanna be a tattoo artist and kind of just being laughed at, not taken seriously," she said. "Even with the tattoo conventions, a lot of African American tattoo artists were almost scared to go to conventions because it's not a welcoming environment."
Load More