Here are the headlines you Need2Know for Monday, October 19, 2020:

COVID-19: THE NEXT 3 MONTHS

Sunday’s Meet the Press on NBC presented two different narratives about what’s coming as the U.S. heads into winter. Health and Human Services Sec. Alex Azar painted an optimistic picture, telling Americans to “hang in there with us” as effective treatments and vaccines are “weeks away.” The next guest, Dr. Michael Osterholm, a leading infectious disease expert, acknowledged that the medical cavalry was coming, but said: “the next six to 12 weeks are going to be the darkest of the entire pandemic.” NY TIMES

CLOSING ARGUMENTS

With just two more full weeks before Election Day, President Trump and Joe Biden are setting up their closing messages to voters. The president is jetting from rally to rally where he has been delivering a version of a stump speech -- complete with “lock them up” chants -- that many Republicans worry is doing little to bring in the independent voters he needs to close his polling gap with Biden. Meanwhile, the former VP has been hammering a message that he’s the better candidate for the economy -- the one area where Trump still holds an edge. The Biden camp is keeping a low profile this week ahead of Thursday’s final debate. NBC NEWS

FRANCE TERROR ATTACK

People in France took to the streets over the weekend to pay tribute to Samuel Paty, a history teacher who was murdered outside Paris after he reportedly showed his students cartoons of the Prophet Muhammad as part of a lesson. French officials say an 18-year-old Chechen refugee beheaded Paty on Friday near the school where he taught. The attacker was then killed by police. French President Emmanuel Macron has called the murder an “assasination” and an “Islamist terror attack.” EURONEWS

JACINDA WINS IN LANDSLIDE

New Zealand Prime Minister Jacinda Ardern has been reelected in a landslide victory that she is crediting to her administration’s coronavirus response, which has been held up around the world as the gold standard. Over the weekend, New Zealand reported a single new case of community transmission after going three weeks without any new cases. AP

UNITED STATES DEBT

The federal budget deficit skyrocketed to a record $3.1 trillion for the fiscal year that ended on Sept. 30, with debt totaling 102 percent of the country’s GDP. That’s the first time debt has exceeded the size of the economy in at least 70 years. Government spending has soared during the pandemic, and the growing deficit is the main reason Senate Republicans have been skittish about signing on to another stimulus bill. NPR

COMMERCIAL REAL ESTATE CRISIS

The commercial real estate industry is in serious trouble as stores, theaters and hotels struggle to make enough money to pay their rents, and property owners are increasingly unable to meet their mortgage obligations. Brick-and-mortar retailers were already hurting before the pandemic, and with more going out of business every week -- combined with empty hotels, cinemas and malls -- the $15 trillion commercial real-estate market is under enormous pressure to avoid defaults and foreclosures. POLITICO

FALL CLASSIC

The L.A. Dodgers will face the Tampa Bay Rays in the World Series -- a matchup that will feature the two teams with the best records in their leagues. Completing a stunning comeback, the Dodgers won Game 7 against the Braves in dramatic fashion after Cody Bellinger hit a go-ahead solo home run in the seventh inning to break open a tied game. Game 1 of the World Series is tomorrow night in Texas. LA TIMES

LIVE FROM NEW YORK...

Adele is set to host next weekend’s Saturday Night Live, the show announced, with musical guest H.E.R. The singer wrote on Instagram, confirming the news: “...if there was ever a time for any of us to jump head first into the deep end with our eyes closed and hope for the best it’s 2020 right?” VARIETY

SAVE OUR STAGES

The Foo Fighters played an all-acoustic set of their greatest hits at the empty Troubadour nightclub in Hollywood, part of the Save Our Stages virtual festival in support of independent music venues that are at risk of closing for good: WATCH

LEFTOVERS: GOT A ZEPTOSEC?

Scientists say they have measured the shortest unit of time ever: the time it takes a particle of light to cross a hydrogen molecule. That process takes 247 zeptoseconds, give or take. A zeptosecond is a trillionth of a billionth of a second, surpassing the previous measurement of femtoseconds, which are a millionth of a billionth of a second. SCIENCE

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
M&T Bank Opens 100 New Multicultural Banking Centers Across the U.S.
M&T Bank rang the Opening Bell at the New York Stock Exchange Thursday morning as the company celebrated a milestone of opening 100 new multicultural banking centers. David Femi, head of multicultural banking, joined Cheddar to discuss the culturally inclusive expansion as part of the bank's overarching goal to increase financial access in racially and ethnically diverse communities. ​"By designating branches as multicultural is just one way for us to be intentional in making sure, that number one, when [customers] come into these branches, they see people that look like them, they see people that speak their language," he said.
Second U.S. Starbucks Store Votes to Unionize
A second Starbucks location in the U.S. has officially voted to unionize. On Monday, the National Labor Relations Board announced workers at the Starbucks store located in the Buffalo, NY suburb of Cheektowaga voted 15-9 in favor of being represented by Workers United, an affiliate of the Service Employees International Union. The New York Times reports votes were tallied in December but remained inconclusive as the union challenged the ballots of several employees it said did not work at the store. A Starbucks spokesperson has said that it may appeal the labor board's decision, which comes as several other Starbucks stores across the country are also pushing to form a union. Danka Dragic, shift supervisor for the second Starbucks store in the country to unionize, joined Cheddar News' Closing Bell to discuss.
RoadRunner Raises $70 Million Series D to Fund National Expansion and Accelerate Sustainability Solutions
Technology-driven sustainable waste management platform, RoadRunner Recycling, recently raised a $70 million Series D round from BeyondNetZero, the climate investing venture of General Atlantic. RoadRunner says it creates and manages end-to-end waste and recycling solutions for businesses of all sizes and that its proprietary technology can boost cost savings and improve recycling rates for companies, which in turn drives sustainability for the waste industry and our world. RoadRunner Recycling founder and CEO Graham Rihn joined Cheddar News' Closing Bell to discuss.
How Apple Acquiring MLB Game Rights Could Impact Sports Streaming
Apple TV+ is in serious talks for the rights to stream MLB games next season, the first foray into sports content for the platform, according to the New York Post. Lee Berke, president and CEO of LHB Sports, sat down with Cheddar to discuss how such a deal might impact the tech giant and the sports content industry. "Quite often with new media platforms one of the quickest ways to create and implement a programming strategy — and actually one of the most expensive ways — is to offer up sports content," Berke noted. "So, with this package available, it puts Apple literally in the game and gives them an opportunity to demonstrate their skills in offering up a major league sport."
Qraft Technologies Raises $146 Million to Accelerate A.I. in Asset Management Industry
A.I.-enabled fintech company Qraft Technologies recently closed a $146 million investment from SoftBank Group Corp. The companies say they are entering a partnership to accelerate artificial intelligence in the asset management industry. Qraft has already developed A.I. solutions that have been used by major financial institutions and says its new approach to asset management maximizes investment efficiency. Qraft Technologies U.S. CEO Robert Nestor joined Cheddar News' Closing Bell to discuss.
'Meddling' Documentary Dives Into 2002 Olympic Figure Skating Scandal
Peacock has announced a slate of original Olympic games documentaries set to premiere throughout January. The first series, 'Meddling' is now available to stream. The four-part docuseries details the 2002 winter Olympic scandal which alleged that the pairs figure skating competition had been fixed to favor Russia. Tara Lipinski, Olympic gold medalist, champion figure skater, and executive producer of ' Meddling,' joins Cheddar News discuss the series.
Binge-Watching: The Thin Line Between Innocent Entertainment and Unhealthy Addiction
A decade ago, long before streaming services, the amount of binge-watching viewers could take part in was slim. Now, streaming services have established binge-watching as a viewing norm. However, how can viewers know when they've crossed the line from innocent entertainment to harmful addiction? Judy Grisel, professor of psychology at Bucknell University, joins Cheddar News to discuss a new study that identifies psychological predictors of problematic binge-watching.
Glassdoor: Best Places To Work in 2022
Glassdoor has officially revealed its list of the best places to work in the year 2022. The top 10 on the list include tech companies and just one retail company. Senior economist at Glassdoor, Daniel Zhao, joined Cheddar to discuss more.
Load More