Here are the headlines you Need2Know for Monday, August 24, 2020:

REPUBLICAN NATIONAL CONVENTION

TONIGHT: Behind in the polls, the Republican Party will try to jumpstart President Trump’s reelection campaign this week, and the president himself will be the main attraction. Trump is expected to speak in primetime every night of the RNC, with a former Celebrity Apprentice producer working behind the scenes and members of the Trump family making up half the featured speakers. Tonight, speakers include: Former U.N. Ambassador Nikki Haley, Sen. Tim Scott and Donald Trump Jr. giving the keynote. NPR

CONWAY OUT: Ahead of the convention, Kellyanne Conway announced that she’s leaving the White House at the end of the month for family reasons. Conway has been one of the president’s closest and longest-serving advisers, while her husband and daughter have been some of his fiercest critics. WASH POST

COVID-19: PLASMA APPROVAL: President Trump announced that the FDA would issue an emergency use authorization for convalescent blood plasma in treating hospitalized COVID-19 patients. The treatment had already been approved on a “compassionate use basis,” and the FDA was planning an emergency approval before Dr. Fauci and others urged it to pull back and gather more data. The president asked patients who have recovered to donate their plasma. Trump’s announcement came after he accused the FDA, without evidence, of being part of the “deep state” and intentionally slowing down approvals until after the election. BI

ONE-TWO PUNCH: The Gulf Coast is preparing for the extremely rare event of back-to-back tropical landfalls. Marco was downgraded overnight to a tropical storm and is tracking toward the coast of Louisiana, where it will make landfall tonight. Tropical Storm Laura is directly behind Marco -- and has the potential to be a bigger problem as the system is expected to strengthen significantly as it approaches the warmer Gulf waters. Laura’s path is less certain, but she’s tracking more westward, with Houston and the Louisiana coast in the cone. FORECAST

CALIFORNIA FIRES: The second- and third-largest fires in California history are still growing to the north and south of San Francisco. Firefighters will be hindered this week by thunderstorms that are expected to bring the worst possible combination of gusty winds, dry lightning and little rain. Progress was made over the weekend thanks to favorable weather conditions, but the next few days look grim. This month, 1.3 million acres have already burned -- about five times the acreage lost in all of 2019. Smoke from the fires has reached as far as Kansas. SFGATE

HERO FIREFIGHTER: A veteran Detroit firefighter lost his life when he jumped into the Detroit River to save three girls who were drowning. Sgt. Sivad Johnson, 48, was off duty when he heard the young girls screaming for help and raced toward the water. Authorities believe he was sucked under by a rip current. All three girls were safely rescued. DETROIT NEWS

BLACKBERRY: RESURRECTION: A new BlackBerry smartphone is in development, on schedule for a release in the first half of 2021. The handset will come with a physical keyboard, 5G capability and run on Android. TECHRADAR

NBA PLAYOFFS: The NBA postseason in the bubble is heating up. In the East, the Celtics and Raptors have advanced after sweeping the 76ers and Nets, respectively. The Heat look to do away with the Pacers today. In the West, Luka Doncic of the Mavericks is having a breakout performance in his first-ever playoff series. The 21-year-old from Slovenia scored the winning three-pointer in OT to even the series with the Clippers in one of the bubble’s most exciting moments yet: WATCH

BATMAN TEASER: Warner Bros. and DC Comics held their first ever virtual fan convention over the weekend, which included new trailers for Suicide Squad, Wonder Woman, Zack Snyder’s Justice League and the first look at Robert Pattinson as the new Batman: WATCH

SPOTTED...the new White House Rose Garden, unveiled by First Lady Melania Trump after a redesign and renovation: SEE IT

LEFTOVERS: FITTING END TO THE YEAR: An asteroid is set to pass just by Earth on November 2, the day before the presidential election. Fortunately for us, the space rock is just 6.5 feet long, and poses no threat even if it were to hit us head-on -- which it has about a 1 in 250 chance of doing, according to NASA. The asteroid is small enough that it would break just up in our atmosphere. INDEPENDENT

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
How to Maximize Your Credit Card Rewards Usage
Matt Schulz, Chief Credit Analyst at LendingTree, joins Cheddar to break down the different types of credit card rewards that are out there, which states utilize rewards more than others, and how to get the most out of your credit card rewards.
Global Consumer Spending in Mobile Apps Reached $133 Billion in 2021, Sensor Tower Says
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
Florida's Seminole Tribe Suspends Online Sports Betting App After Federal Court Ruling
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 Project Tool Thirdweb Raises $5 Million
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Coatue and Tiger Global Purchase $100 Million Braintrust Tokens to Seed Decentralized Web3 Talent Network
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Elon Musk Named Time's Person of the Year for Pioneering Work on Earth — and Beyond
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
Unpacking Racial Trials in America
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Load More