Here are the headlines you Need2Know for Thursday, September 10, 2020:

THE WOODWARD TAPES

Earlier this year, when President Trump was downplaying the threat of the coronavirus, he was privately acknowledging to a journalist that the virus was far more serious than he was letting on in public. As early as Feb. 7, Trump was telling the veteran reporter Bob Woodward that the pathogen was airborne and much deadlier than the flu, even as he was publicly saying it would “disappear” and “all work out fine.” Woodward spoke to the president and other White House insiders on the record, and on tape, for a new book. The book includes reporting that two of Trump’s top aides thought he was “dangerous” and “unfit” and considered speaking out. But the most damning parts come from the president himself, on tape, acknowledging the severity of the coronavirus in private while brushing it off in public. LISTEN TO A CLIP

FIRE IN THE SKY

A wildfire northeast of San Francisco has exploded in size, growing some 250,000 acres in a day and forcing tens of thousands of residents to flee their homes. The smoke from the Bear Fire mixed with fog, casting downtown San Fran in an apocalyptic orange glow. The town of Paradise, which was destroyed in the state’s worst fire two years ago, is once again under threat. At least seven people have died in the fires across California, Oregon and Washington and fierce winds are expected to continue to drive the unprecedented infernos. Residents in San Francisco posted ominous photos of the sun completely blotted out by smoke. SEE PICS

COVID-19: LATEST DEVELOPMENTS

New York City restaurants will be able to resume indoor dining at 25 percent capacity on Sept. 30, a significant marker for the one-time epicenter of the coronavirus pandemic that has now kept infection rates well below 1 percent for weeks. The UK will ban gatherings of more than six people starting next week after seeing a resurgence of infections. Europe’s largest refugee camp was completely destroyed in a fire set by residents who were upset at having to quarantine. NBC NY

IRAQ TROOP DRAWDOWN

The Pentagon will cut the number of troops currently stationed in Iraq from 5,200 to 3,000 this month. That drawdown has been expected for a while; U.S. troops in Afghanistan are also expected to be cut in half ahead of a planned complete exit by next April as part of a deal with the Taliban. CNN

TALE OF TWO RETAIL SECTORS

JCPenney had reached a deal to sell its stores and remaining assets to two mall operators, Simon and Brookfield, averting a liquidation of the once-popular department-store chain. Separately, the luxury giant LVMH is pulling out of its planned acquisition of Tiffany, citing U.S. tariffs on French goods. With brick-and-mortar retailers from Tiffany to Penney either struggling or altogether bankrupt, e-commerce continues to boom: Amazon says it now has 33,000 salaried job openings across the company. NY TIMES

TIKTOK SALE IN DOUBT

TikTok parent company ByteDance is reportedly in discussions with the federal government on a deal that would avoid a full sale of TikTok’s U.S. operations. President Trump’s self-imposed deadline for a TikTok ban is fast approaching and negotiations for a forced sale to some combination of Microsoft, Walmart and Oracle are said to have gotten harder after China banned companies from exporting A.I. tech that may have included TikTok’s algorithms. WSJ

BACK TO FOOTBALL

The NFL season opens tonight with the defending champions Kansas City Chiefs hosting the Houston Texans. Around 15,000 fans will be in attendance at Arrowhead Stadium for the 8:20 p.m. ET kickoff. The game will be on ABC. YAHOO SPORTS

'DUNE' TRAILER

The first trailer for one of the most anticipated movies of the holiday season has finally dropped. Dune, based on the epic sci-fi novel, stars Timothée Chalamet, Oscar Isaac and Zendaya and is directed by Denis Villeneuve, who did Arrival and the Blade Runner sequel. Dune is on the schedule for a Dec. 18 release but there are rumors it will be pushed until next year: WATCH

OSCAR DIVERSITY

The Academy of Motion Picture Arts & Sciences is getting both praise and criticism after it unveiled new diversity and inclusion rules for any film that wants to be considered for Best Picture at the Oscars. Starting in 2024, movies will have to meet certain requirements for both onscreen and behind-the-scenes roles filled by people from underrepresented groups. Actress Kirstie Alley slammed the rules as “dictatorial and anti-artist,” while the Academy says its trying to reflect the diversity in Hollywood. FORBES

LEFTOVERS: WORLD'S BIGGEST PHOTO

The typical high-end smartphone camera has 12 megapixels. Now imagine a camera with nearly 300 times the resolution. Government scientists have snapped the world’s first-ever 3,200-megapixel (3.2 billion pixel) digital photos from a camera that will be the centerpiece of a new observatory in Chile. The car-sized camera will take pictures of the southern night sky every few days for 10 years, capturing parts of the universe never before seen. You can check out the first test images, though you’d need a display made up of 378 ultra-high-def flatscreen TVs to see the photos in their full resolution: SEE THEM ANYWAY

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
Winter Fire Safety Tips to Protect Families
Daniel Madrzykowski, research director at the UL Fire Safety Research Institute, joins Cheddar News to discuss the deadly Bronx fire that killed 19 people and fire safety tips that people need to know about.
U.S. Stocks Close Mixed as Nasdaq Closes at Session High
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
CrossTower Partners With BankProv to Provide Crypto Lending Platform
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Break the Love Raises $2.5 Million Seed Funding Round to Get People Playing Tennis
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
Nurses Call For Protection For HealthCare Workers
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China Crackdown on "Sissy Men"
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Lawmakers Reflect Back on January 6th Capitol Riots
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond's Stock Jumps Despite Earnings Miss as Meme Stock Mania Reappears
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
Pear Therapeutics CEO on How Its Apps Work for Conditions Like Addiction
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
Load More