Here are the headlines you Need2Know for Friday, April 23, 2021:

COVID-19: LATEST DEVELOPMENTS

The coronavirus vaccines are safe for pregnant women, according to the preliminary results from a large CDC study. A separate study found that a Covid infection creates an increased risk of negative outcomes for pregnant women and their babies. Earlier this week, the American Society for Reproductive Medicine endorsed vaccination for pregnant women. Meanwhile, the pause of the Johnson & Johnson single-dose vaccine could be coming to an end. The panel of experts that will make the recommendation is believed to have found few additional examples of vaccine-related blood clots since the popular inoculation was pulled. NY TIMES

CLIMATE PLEDGE

The U.S. has an ambitious new climate goal. President Biden announced that the country will try to cut emissions in half by the end of the decade. That’s about double the commitment made under the Paris Agreement. At the Earth Day climate summit, leaders from Brazil, Japan and Canada also made new pledges to cut their own emissions, while those from India, Russia and China reaffirmed past commitments or made non-specific pledges. CHEDDAR

D.C. STATEHOOD

The House passed a bill to make Washington D.C. the country’s 51st state. The statehood bill would establish a state called Washington Douglass Commonwealth in honor of Frederick Douglass, giving congressional representation to D.C’s 700,000 residents, most of whom are people of color. The bill has virtually no chance of passing the Senate, where Republicans say it’s an unconstitutional power grab by Dems. NY TIMES

RUSSIA TENSIONS

The Czech Republic has kicked out dozens of Russian diplomats -- the most ever by a single country since the end of the Cold War -- in retaliation for Russia’s suspected involvement in a 2014 explosion. Even though Putin showed up to the White House’s climate summit, Moscow’s relationship with the West has been getting dramatically worse of late. At the same time, Russia did order many of the troops it had been amassing at the Ukraine border back to their bases, in a sign of de-escalation with its neighbor. BBC

TAXING THE RICH

The stock market tanked on reports that President Biden is getting ready to propose a significant hike in the capital gains tax. The plan is said to call for nearly doubling the capital gains tax rate for people earning more than $1 million, to 39.6 percent. When added to the existing Obamacare tax on investment income, investors would be giving as much as 43 percent to the federal government. Top earners in places like California and NYC would pay more than half their investment income in taxes. BLOOMBERG

AMAZON SALON

Amazon is opening a brick-and-mortar hair salon in London’s hip East End neighborhood. The company says Amazon Salon is an experiment meant to test “the latest industry technology,” like an AR app that lets you see different hairstyles on your head before you commit. Customers can also point their phones at products in the store to learn more about them. Actual haircuts will be available, too. THE VERGE

ANGRY BRADY

The NFL’s new rule about which players can wear which numbers does not have a fan in Tom Brady. The reigning Super Bowl MVP took to Instagram to knock the rule change, which allows linebackers to wear any number between 1 and 59 defensive backs to wear any number between 1 and 49. Brady’s issue is that it will make it harder for players to know who to block. ESPN

We’re no football geniuses like Touchdown Tom, but maybe just block the guy who's wearing the different color shirt?

OSCAR PREVIEW

The 93rd Academy Awards will attempt on Sunday to break the streak of pandemic-era award shows suffering from some of their worst ratings ever. The show is coming live from L.A.’s Union Station and the Dolby Theater this year. The guest list and red carpet will be pared back significantly, and the majority of the films this year barely made it into theaters at all. Still, the ceremony goes on: Nomadland is a near-lock for Best Picture and the late Chadwick Boseman is the heavy favorite for Best Actor for his role in Ma Rainey’s Black Bottom. The Best Actress race is probably the night’s biggest wild card. PREDICTIONS

SPOTTED…

…Lourdes Leon, Madonna’s daughter, opening up to Vanity Fair about growing up famous, and her first boyfriend, Timothée Chalamet: READ IT

LEFTOVERS: LEASE ON LIFE

When Jonathan Frostick realized he was having a heart attack, his first thought was that he had an important meeting the next day, and his impending cardiac arrest wasn’t “convenient.” The British investment banker, now recovering from his brush with mortality, recently wrote a viral LinkedIn post vowing to reprioritize his life. No more spending all day on Zoom. No more getting involved with petty work dramas. More time with his three young kids. The post has received 12,000 comments and counting from other people who said that either their own health scares or the pandemic have led them to re-evaluate what’s important:  READ IT

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!

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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
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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.
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