Here are the headlines you Need2Know for Thursday, August 13, 2020:

COVID-19: LATEST DEVELOPMENTS: The U.S. is in its fourth week of four-digit death tolls, with Florida and Georgia both recording their highest single day tolls yet. The virus is spreading in Hawaii and parts of the rural Midwest that had so far been mostly spared. Data on hospitalizations has slowed after the HHS took control of how it was being collected from the CDC. Lawmakers remain deadlocked on what to do about a new economic rescue bill. NY TIMES

BIDEN-HARRIS DEBUTS: Joe Biden officially introduced Kamala Harris as his running mate at a socially-distanced event in Delaware, where Harris repeatedly hammered President Trump on the administration’s coronavirus response -- a sign that Democrats see that as the cornerstone of their campaign strategy into the fall. The Republican message appears less focused for now: the president called her “phony” and “nasty” while others painted her as a far-left radical intent on hijacking the Biden presidency. WASH POST

FOOTBALL LATEST: The Big 12 is moving ahead with plans to play college football in the fall. The conference will play its normal “9+1” schedule but will shift the season back to Sept. 26 and give every team two weeks off for flexibility. The Big 12 includes Kansas, Baylor, Oklahoma and Texas, among others. The SEC and ACC appear to be moving forward with plans to play as well. In the NFL, the Washington Football Team will play without fans, while the Cowboys say they plan to have fans at AT&T Stadium. NPR

RESTAURANTS IN CRISIS: The restaurant industry in the U.S. appears to be in the early stage of collapse, with trendy hotspots and neighborhood staples alike closing in cities across the country, unable to stay afloat without substantial help from the government. Uncle Boons, one of the most popular restaurants in NYC, is closing. Miami’s losing the iconic Rio Cristal. Racine’s in Denver. Lou’s in San Francisco. The list is piling up. The CEO of OpenTable is predicting one in four restaurants in the country will permanently close because of the pandemic. BLOOMBERG

IN MEMORIAM: SUMNER REDSTONE: Sumner Redstone, the media mogul who turned a family drive-in movie business into a global empire that included Viacom, Paramount Pictures, Simon & Schuster and CBS, died at the age of 97. Redstone was known as much for his hard-charging style as he was for his personal and family drama. He fought publicly for years with his daughter, Shari, over control of National Amusements, the family company, and had ongoing legal battles with live-in girlfriends over his estate. But he also built a media behemoth under the simple proclamation: “Content is king.” OBIT

UBER IN CALIFORNIA: The CEO of Uber says the company will have to temporarily shut down in California if a ruling that it must classify drivers as employees is upheld on appeal. Dara Khosrowshahi says if that happens, it will take months for Uber to retool its business model and would likely return as a smaller, more expensive service. In a recent op-ed, he argued for a “third way” of classifying gig workers: READ IT

NBA BUBBLE GUESTS: The NBA has told players they can’t bring “casual acquaintances” -- defined as anyone “known by the player only through social media or an intermediary” -- with them into the bubble. The league will start to let guests in for the conference semifinals at the end of the month, but sent a memo reiterating that it only applies to family members or those with a “long-standing relationship” to the player. ESPN

TIKTOK COMEDIAN GOES BIG TIME: Sarah Cooper, the comedian who struck viral gold with her lip-sync impersonations of President Trump on TikTok and Twitter, is getting her own Netflix special. Sarah Cooper: Everything’s Fine will be directed by Natasha Lyonne and executive produced by Maya Rudolph. The special premieres sometime in the fall. If you’re unfamiliar with Cooper’s work, here’s a compilation: WATCH

SWEET HOME SANTA BARBARA: Prince Harry and Duchess Meghan have reportedly bought a home and plan to set down roots in Santa Barbara County, Calif. The couple, along with baby Archie, are said to be the new owners of an $16 million compound in the ultra-wealthy enclave of Montecito, a stone’s throw from the homes of Ellen DeGeneres and Oprah Winfrey. NOOZHAWK

LEFTOVERS: LET IT FLOW: The Dept. of Energy has proposed a new rule that would change the definition of a showerhead to let more water come out, after President Trump has repeatedly complained about the water pressure in the shower. Since 1992, it’s been the law that showerheads can’t pour more than 2.5 gallons per minute, as a way to conserve water. The Obama administration applied that law for showerheads with multiple nozzles. The new rule would allow each nozzle to spray 2.5 gallons, instead of a total of 2.5 gallons. AP

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
U.S Chamber of Commerce Hosts Virtual Event 'Developing the Black-Owned Business Ecosystem'
For black history month, Cheddar is highlighting black business leaders who are driving the need for representation forward. On February 10, the U.S. Chamber of Commerce hosted an event called 'Developing the Black-Owned Business Ecosystem.' The virtual event was organized under the lobbying group's two initiatives -- the Equality of Opportunity Initiative, and the Coalition to Back Black Businesses. The event highlighted the developments needed to develop more black-owned businesses in the U.S. Dr. Anthony Wilbon, Dean of the School of Business at Howard University, joined Cheddar News' Closing Bell to discuss his experience as a speaker at the event.
Bringing Black History Month Celebrations to Your Business
While Black History Month is a time to celebrate the achievements of Black Americans, it's also a time to reflect on how they can be better heard and supported. Black Americans are still fighting for voting rights, facing more severe impacts from COVID-19, and experiencing gaps in workforce representation and pay. Alexandra Schrecengost, hybrid work expert and CEO of "Virtual With Us" and "Culture With Us,' joined Cheddar News to discuss.
Whats in Store for Univision's Premio Lo Nuestro 2022
Premio Lo Nuestro 2022 is kicking off awards season this month with its 34th show. The star-studded event will include performances from Pitbull, Luis Fonsi — and even Sting with his new Spanish-language single "Por Su Amor." Ignacio Meyer, the vice president of music and non-scripted entertainment, Univision, joined Cheddar News to talk about the music award show details. "We’ve actually still got plenty of surprises that were going to be announcing," Meyer said. "We're not done announcing the star power just yet." Singer Camilo leads with 10 nominations going into the event.
Real Estate Key to Closing Wealth Gap Even as Black Spending Power Hit $1.6 Trillion
Black spending power reached a record $1.6 Trillion in a 2021 report from the University of Georgia Selig Center for Economic Growth. Ayesha Selden, certified financial planner, breaks down why real estate is the key to closing the racial wealth gap and how Black Americans are using social media to improve financial literacy. "If we look at home ownership as being a primary driver of wealth, when you look at the equity that Americans have in their homes, that equity can be used to buy additional assets like other rental properties. That equity can be used to educate our children," Selden said, noting that lower rates of home ownership meant Black Americans tend to incur more debt on average for their student loans.
Upcycling in Fashion; TikTok Dominating Style Trends
On this episode of Cheddar Reveals, Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, discusses the lessons industry leaders draw from history to make fashion more sustainable today; Kendall Becker, fashion editor and trend forecaster, forecasts the hottest trends of 2022, and what will be left in 2021; Cheddar gets a look at Curiosity Stream's 'Going Circular.'
TikTok Dominating Style Trends
Kendall Becker, fashion editor and trend forecaster, joins Cheddar Reveals to forecast the hottest trends of 2022, and what will be left in 2021.
Does Owning Crypto Really Make Daters More Desirable?
A new survey from Etoro suggests that talking crypto might actually help Americans on the dating scene find love...or at least land another date. The survey found that 74% of respondents would be more interested in going on a second date with a person that pays the bill in Bitcoin. Callie Cox, Etoro's U.S. investment analyst, joined Cheddar News to discuss.
Energy Vault Begins Trading on the NYSE Following SPAC Merger
Energy Vault, the company developing sustainable, grid-scale energy storage solutions, is now trading on the New York Stock Exchange following the completion of its business combination with Novus Capital Corporation II. Energy Vault develops sustainable, grid-scale energy storage solutions designed to advance the transition to a carbon free, resilient power grid. Robert Piconi, co-founder and CEO of Energy Vault, joins Cheddar News' Closing Bell to disucss.
Load More