These are the headlines you Need2Know:
* **Ohio’s Special Election:**
The election for a House seat in Ohio is still too close to call. The 12th district near Columbus is considered a Republican stronghold, so if the Democrat Danny O'Connor beats Republican Troy Balderson ー or comes really close ー it may signal a shift for the November midterms. Balderson was leading by less than 2,000 votes. For more as this story develops, [click here](https://www.cbsnews.com/amp/live-news/primary-election-2018-08-07-kansas-michigan-missouri-washington-ohio-special-election/).
* **First Muslim Woman in Congress?**
Michigan state representative Rashida Tlaib won the Democratic primary Tuesday, and no Republicans are running in November's midterm election. For more, check out [CNN](https://www.cnn.com/2018/08/08/politics/rashida-tlaib-michigan-13-congressional-district-election/index.html).
* **Elon Musk’s ‘Private’ Venture**
The CEO wants to take Tesla private if his company's stock reaches $420 per share. Musk made the announcement via [Twitter](https://twitter.com/elonmusk/status/1026872652290379776) during Tuesday’s trading, and some media outlets wondered if his account was hacked. But he was serious: Tesla closed up 11 percent at nearly $380 once trading resumed after a temporary halt. For more on Musk's plans and what investors are saying, [click here](https://www.cnbc.com/2018/08/08/tesla-board-has-met-several-times-to-discuss-musks-desire-go-private.html).
* **New Rule Rattles NFL:**
As they run and tackle their way through the second week of the National Football League's preseason, players and coaches are concerned that the league's new helmet-contact [rule](https://nflcommunications.com/Pages/Fact-Sheet---Use-of-the-Helmet.aspx) is removing a key physical element of the game. The rule, which prohibits players from leading with their helmets to make contact, applies to running backs, offensive and defensive linemen, linebackers, and defensive backs. For more on player the story, read [this](https://www.washingtonpost.com/sports/redskins/nfl-helmet-rule-enforcement-unclear-for-players-coaches/2018/08/07/aec19218-9a74-11e8-a8d8-9b4c13286d6b_story.html?utm_term=.77d3f158d4e1).
Cheddar's Jill Wagner gets into the latest.
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Minty Bets, Sports Betting Analyst for Yahoo Sportsbook, joins Cheddar Bets to break down all of the latest trends from the first week of baseball season.
Sponsored by BetMGM
The competition between streaming platforms is heating up as Apple TV+, HBO Max, and others acquire the rights to air live sports, oftentimes behind an exclusive paywall. While this is likely to entice some viewers, it also presents a risk that viewership will become fractured. Customers might steer away from subscription overload as content streaming options become seemingly endless. Jeff Agrest, deputy sports editor and media columnist at the Chicago Sun-Times, joins Closing Bell to discuss what it means for the live sports industry when content is put behind a paywall on streaming platforms, how it could impact viewership, impact on sports betting, potential acquisition targets, and more.
The Dallas Cowboys have joined forces with cryptocurrency platform Blockchain.com as the NFL loosens restrictions on teams making such deals. The partnership won't open the door for crypto use at AT&T stadium but will provide for some exclusive fan experiences.
Ice Cube's 3-on-3 basketball league, the Big3, is introducing decentralized team ownership to fans with the chance to own a minority stake in the 12 teams through blockchain technology, a first for professional sports. The rapper, actor, and filmmaker joined Cheddar News to talk about the new ownership model using NFTs. "This is a perfect time to offer it to fans and not just wait for fat cats to come and want to buy the teams but for fans to be able to be a part of it,” he said.
McLaren displayed its all-electric, off-roading racing vehicle, the Odyssey, in from of the New York Stock Exchange on Tuesday. Zak Brown, CEO of McLaren Racing, joined Cheddar News to discuss bringing the heavy-duty vehicle to a new racing series with an emphasis on sustainability — and even gender equity with a male and female team of two drivers required. "This is McLaren's first-ever Odyssey, which is an EV. Looks like an SUV — but not really much of an SUV — that we raced five times around the world in various locations where climate has impacted the world," he said.
Seth Schachner, a digital business executive and the managing director of the consultancy Strat Americas, joined Closing Bell to talk all about the mega-merger between WarnerMedia and Discovery, combining to form Warner Bros. Discovery (Nasdaq: WBD), and what it means for the streaming space going forward. “I think unlike some of the other mergers that you've seen out there. I think this one has actually got a real chance to be successful and to really further the cause of streaming," he said.
Between Bells executive producer Conor White recaps some of the biggest stories of the week, and teaches Baker Machado and Hena Doba a thing or two at the same time. It's This Week In Trivia!
