Here are the headlines you Need2Know for Wednesday, August 5, 2020:

BEIRUT BLAST

THE LATEST: Two massive explosions in quick succession rocked Beirut, killing at least 100 and wounding thousands in a country already dealing with a coronavirus outbreak, a collapsing economy and political crisis. Officials say the blasts happened at a warehouse holding 2,700 tons of ammonium nitrate, a highly explosive material used in fertilizer and bombs, which had been seized from a cargo ship in 2014 and had been stored at the port ever since. BBC

THE VIDEOS: Videos posted to social media showed a large fireball, followed by a much larger explosion and shock wave that ripped through the city, blowing out windows and overturning cars for miles. Videos taken in the aftermath showed the economically critical Port of Beirut, where the blast took place, essentially leveled and the popular downtown waterfront neighborhood all but destroyed. WATCH

ISAIAS' AFTERMATH: More than 3.5 million people in the U.S. are without power this morning after Tropical Storm Isaias left a wide swath of damage across the Mid-Atlantic and Northeast. One million of those outages are in New Jersey, where a 109 mph wind gust was recorded off the coast of Long Beach Island. At least six people were killed across several states. The storm is now a post-tropical cyclone spinning out over Canada. OUTAGE MAP

COVID-19: LATEST DEVELOPMENTS: Some possible progress in the negotiations over a new economic rescue package: Senate Majority Leader Mitch McConnell says he would consider extending the $600 weekly unemployment benefits if it helped seal a deal by the end of the week. In NYC, the top health official resigned, citing the mayor’s handling of the pandemic, and the Radio City Christmas Spectacular has been cancelled. The global death toll is approaching 700,000. NY TIMES

PRIMARY RESULTS: The votes are still being counted in primaries held in Kansas, Missouri, Washington, Michigan and Arizona. A couple early takeaways: Republicans are breathing a sigh of relief after Kris Kobach lost his Senate bid to Rep. Roger Marshall, an establishment member of the GOP. Had Kobach won, the thinking was that Democrats could have flipped the seat. In Missouri, a nurse and BLM activist named Cori Bush beat the incumbent William Lacy Clay, the latest progressive candidate to oust a centrist Democrat in the House. USA TODAY

MAIL-IN VOTING: President Trump reversed his opposition to mail-in voting, at least for his home state of Florida. The president encouraged Floridians to vote by mail, but did not extend the support to other states that are considering or implementing vote-by-mail procedures for the election. The USPS, meanwhile, is under pressure from both Democrats and Republicans, with Democrats accusing the White House of sabotaging the Post Office ahead of November and Republicans noting issues with mail-in votes being disqualified in New York’s recent primary. THE HILL

TICK TOCK FOR TIKTOK: Apple says it has no interest in pursuing TikTok after a report suggested the iPhone maker was in talks to acquire the social media platform from China’s ByteDance. President Trump has given Microsoft until Sept. 15 to close a deal for TikTok’s U.S. assets, but is saying any sale would have to include a “substantial amount of money” coming into the U.S. Treasury. The government typically doesn’t demand so-called “key money” as part of a deal between two private companies because doing so would be illegal. THE VERGE

SPORTS TV RATINGS: TV ratings for baseball and basketball, which started out huge when the leagues returned, have come back down to Earth. NBA ratings last weekend were “pretty ordinary,” according to one analyst. MLB’s Opening Day game was seen by four million viewers, but more recent games are averaging well below one million on ESPN. SI

MULAN ON TV: Disney is throwing in the towel on its tentpole movie event of the summer. Mulan, which has been delayed numerous times, will now premiere on Disney+ on Sept. 4 for $30 (that’s on top of the cost of a Disney+ subscription). The decision to pull the plug on a theatrical release is yet another blow to movie theaters’ hopes they’d be reopening soon. Christopher Nolan’s Tenet, the only other major summer release that hasn’t been cancelled, is still supposed to hit select U.S. theaters Labor Day weekend. VARIETY

VMA'S ARE A GO: The MTV Video Music Awards will go forward as scheduled on Aug. 30 at the Barclays Center in Brooklyn, though it’s unclear how much of the show will actually be there. BTS, Doja Cat and J Balvin will perform. Ariana Grande and Lady Gaga lead the nominations with nine a piece. BILLBOARD

LEFTOVERS: SENDING OUT AN S.O.S.: Three men were rescued from a tiny island in Micronesia after a U.S.-Australian search team in a helicopter spotted a giant ‘S.O.S.’ they had written in the sand. The marooned men had been on the Pacific island for three days when they were found and are said to be in good condition. SEE 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!

Share:
More In Culture
Peloton Stock Jumps After CEO John Foley Disputes Reports in Open Letter to Company Employees
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
Outlines Raises $1 Million in Pre-Seed Funding & Unveils Flagship Product, The Shower Liner System
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
NCAA Updates Policy For Transgender Student Athletes
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
Will Forte to Host SNL With Musical Guest Måneskin
"Saturday Night Live" alum Will Forte is hosting the late-night comedy show this weekend alongside musical guest, Måneskin. Forte, who spent a decade working on the iconic NBC show, is currently starring in "MacGruber," the SNL-sketch-turned-movie that is now streaming on Peacock as a tv series.
TikTok to Test Paid Subscription Model on Its Platform
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.
Load More