Here are the headlines you Need2Know for Tuesday, July 7, 2020:

COVID-19: LATEST DEVELOPMENTS: Dr. Fauci said the U.S. is “still knee-deep in the first wave” of the pandemic, as 12 states are now hitting new 7-day average case highs. Miami is the latest city to close restaurants and gyms again; the mayor of Miami-Dade says the area’s new infections are coming primarily from 18-34-year-olds who have been gathering without masks. There have been nearly 300,000 new cases nationwide in the first week of July. AP

BACK TO SCHOOL: HYBRID MODEL: Harvard and Princeton have announced their plans for the fall semester, which include bringing some students back, but not at the same time, and an emphasis on remote classes. At Harvard, all classes will be online, even for students living on campus, and tuition will be unchanged (around $50,000). Princeton is doing something similar, but will offer a 10 percent tuition discount. Last week, USC reversed its plan to bring students back and will now do most classes online. CNN

BACK TO SCHOOL: FOREIGN STUDENTS: ICE issued its rules for foreign students returning in the fall: students taking classes at colleges or universities that are teaching entirely online will not be allowed to enter the country. If they’re already here, they have to transfer to a school with in-person instruction or face deportation. WSJ

PIPELINES PULLED: Two major oil and gas pipelines have been shelved or cancelled in the last 48 hours, in a sign that investment in new fossil fuel infrastructure is becoming harder to justify. A federal judge ordered the controversial Dakota Access Pipeline to shut down next month while it undergoes an environmental review. That decision came after two energy companies announced they were pulling the plug on the Atlantic Coast Pipeline, which would have gone under the Appalachian Trail, saying it wasn’t worth the legal and regulatory headaches. BLOOMBERG

'FAITHLESS ELECTOR' DECISION: The Supreme Court ruled unanimously that states can punish members of the Electoral College who vote for someone other than the candidate who won the state’s popular vote. The case came out of an ill-fated attempt by several “faithless electors” who “went rogue” in 2016. The 9-0 decision is a win for state officials who warned that it would turn into a constitutional crisis if electors were able to cast ballots against the will of the voters. NBC NEWS

PPP RECIPIENTS: What do the Girl Scouts, Kanye West’s clothing company, and a minor league baseball team owned by the governor of Ohio have in common? They all received federal small business bailout loans. The Treasury Dept. backtracked and released the names of 660,000 entities that got more than $150,000 in PPP funds. The vast majority of the nearly 5 million small businesses that were approved for loans took less than that. WASH POST

BLACKOUT DAY: Activists have designated today ‘Blackout Day,’ a day for Black Americans to “exercise their spending power” by refraining from buying anything, except for goods and services from Black-owned businesses. Organizers of the movement say it’s the first step in an effort to “rebuild the Black dollar.” COMPLEX

MAHOMES RECORD CONTRACT: Reigning Super Bowl MVP Patrick Mahomes will be playing in Kansas City into the next decade. The Chiefs have reportedly signed Mahomes to a rare 10-year contract extension worth $450 million, complete with a no-trade clause and $140 million injury guarantee. If the numbers are confirmed, it will be the richest deal in football history. ESPN

BUBBA V. TRUMP: NASCAR’s Bubba Wallace has fired back after President Trump accused him in a tweet of not apologizing over the Talladega noose investigation, which the president called a “hoax.” Trump also criticized NASCAR’s ban on Confederate flags. Wallace framed his response as a message to younger generations, ending it: “Even when it’s hate from the POTUS..Love wins.” SEE TWEET

COLIN KAEPERNICK, MEDIA MOGUL: On the heels of a production deal with Netflix, Colin Kaepernick has now signed a first-look deal with Disney to create content that explores race and social justice. To start, the former NFL star-turned-activist will be the focus of a docuseries produced by Disney’s ESPN Films. VARIETY

LEFTOVERS: DOOMSDAY BUNKER: If the news has you ready to pack it in and head underground, why not do it in style? A former missile silo in Kansas is being turned into an ultra-luxe underground condominium complex for the wealthy. Wait out the apocalypse with all the basics -- Sub-Zero fridges stocked with fresh water and canned tuna -- plus your own decontamination room, access to automatic weapons, and even a water slide. Units start at $1 million, plus expenses -- and there’s already a waiting list. CNET

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
Ways to Improve Employee Engagement; Data-Driven Approach to Mental Wellness
On this episode of On The Job presented by ADP: Gemma Burgess, CEO of Ferguson Partners, explains what people are looking for in an employer, and how to convey positive work culture to potential employees; Amy Leschke-Kahle, Vice President of Performance Acceleration at The Marcus Buckingham Company, an ADP company, breaks down how encouraging employee engagement and empowering employee voices can benefit every workplace and busts a myth about employee engagement while working from home; Jim Huether, CEO of Hyperice, discusses Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
A Data-Driven Approach to Workplace Mental Wellness
Jim Huether, CEO of Hyperice, joins Cheddar to discuss Hyperice's new employee mental health initiative, known as the Workplace Alliance, with 100-plus companies to combat the ongoing mental health crisis and how they're taking a hands-on, data-driven approach to the mental health crisis.
Having a Feral Girl Summer With Spotify 2022 Summer Song Playlist
Spotify has announced its official Songs of the Summer predictions. Lea Palmieri, a Spotify trend expert and podcast host, joined Cheddar News to break down the acts who made the cut and how. “It's a mix of streaming data charts and also our global curation team," she said. "They're keeping an eye on all of the hottest music." While Harry Styles has recently topped the Spotify charts, Palmieri also addressed the "Feral Girl Summer" trend, which she described as going "moderately wild, having fun, enjoying yourself."
Recapping the 75th Annual Tony Awards
The Tony Awards made its sensational return to Radio City Music Hal for the first time since 2019. 'A Strange Loop' stole the show, winning Best Musical while Adrianna Debose hosted in the most spectacular way possible. Cheddar News was joined by Broadway Reporter Leigh Scheps to break down the 75th Annual Tony Awards.
U.S. Stocks Close at Session Lows
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. Stocks Close at Session Lows Following High May Inflation Data
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Christie’s to Offer Rare 'Legacy of the GOAT' Michael Jordan Memorabilia
Auction house Christie's will be presenting "Legacy of the GOAT," which will include a rare Michael Jordan signed rookie card and sneakers. Caitlin Donovan, the vice president of Christie's handbags and accessories department. joined Cheddar News to discuss the special memorabilia selection for the NBA great. "He's been a global phenomenon, so he's really shaped '90s culture and streetwear culture," she said. "And we see bidders from every pocket in the world."
Load More