Here are the headlines you Need2Know for Friday, August 7, 2020:

COVID-19: LATEST DEVELOPMENTS: The State Dept. has lifted its global ‘Do Not Travel’ advisory that has been in place for the past four months, saying it will issue alerts on a country-by-country basis. American travelers still face travel restrictions that keep them from traveling to many countries. The governor of Ohio tested positive for COVID-19 just before he was set to meet President Trump -- but then tested negative several hours later, illustrating the convoluted testing landscape that’s still in place across the country. NY TIMES

TIKTOK EXECUTIVE ORDER: President Trump signed two executive orders that give Chinese social media apps TikTok and WeChat 45 days before they are banned in the U.S. over national security concerns. That effectively starts the clock for Microsoft to complete an acquisition of TikTok. CNN

PEOPLE VS. NRA: New York’s attorney general has filed a lawsuit against the NRA, alleging that CEO Wayne LaPierre and other top officials drained the gun lobby of $64 million over years, using the money to fund their own lavish lifestyles. At a news conference, AG Letitia James said she wants the NRA to be dissolved, citing a pattern of alleged  “brazen illegality,” and for LaPierre and others to be banned from working at other nonprofits. The NRA immediately counter sued, calling the suit a political stunt. NBC NEWS

REVISED HURRICANE FORECAST: The tropics are looking pretty quiet right now, but don’t expect it to last. NOAA has revised its forecast for the Atlantic hurricane season, now predicting 19 to 25 named storms to form this year (we’ve already had nine). NOAA has never before forecast up to 25 storms. After 21, forecasters will have to turn to the Greek alphabet for the names. PALM BEACH POST

HISTORY MADE AT VATICAN: Pope Francis has appointed six women to the council that oversees the Vatican’s finances, the most senior roles at the Church ever given to females. Francis had pledged to elevate more women into top roles at the Vatican, which is dealing with a financial crisis made worse by the pandemic. GUARDIAN

CRITICAL JOBS REPORT: There will be a clearer picture of the delicate state of the economic recovery when the July jobs report is released this morning. Economists expect about 1.6 million jobs to have been added in the month, a far cry from the 4.8 million added in June. Other recent employment data suggests that may be a generous prediction, and some analysts say there may actually be a loss in jobs for the month. If the number is grim, it will put even more pressure on lawmakers to come to an agreement on a new rescue package. CNN

GENETICISTS, REJOICE: It’s apparently easier to rewrite the human genome than it is to rewrite Excel. A group of scientists in charge of standardizing the names of genes is changing some of their names, all because of how Microsoft Excel auto-formats data. For example, the gene ‘Membrane Associated Ring-CH-Type Finger 1’ is abbreviated as MARCH1, which Excel converts to the date March 1st. It’s a surprisingly common issue that has serious implications for published research. One study found a fifth of all genetics papers had these kinds of Excel errors. THE VERGE

NFL OPT OUTS: The deadline has passed for NFL players to advise their teams if they plan to opt out of the upcoming season. At least 66 players say they won’t be suiting up, citing the pandemic. The Patriots saw eight players opt out, the most of any team. Meanwhile, the players union says 56 players tested positive in the first rounding of testing since they returned to training camps. AP

KANYE PRESIDENTIAL BID: In his latest interview, Kanye West suggests his presidential bid is an effort to siphon votes from Joe Biden. The rapper tells Forbes that he’s “walking...to win.” When confronted with the fact that it would be impossible for him to win 270 electoral votes, he replied: “I’m not going to argue with you. Jesus is King.” GOP operatives, including a lawyer with ties to the Trump campaign, have been working to get West on the ballot in several swing states. FORBES

SPOTTED...

...French President Emmanuel Macron mobbed by crowds of people as he walked the streets of Beirut, offering to mobilize aid for the devastated city: SEE VID

...Eligible bachelor Bradley Cooper and newly single Jennifer Garner, hanging out on the beach in Malibu: SEE PICS

LEFTOVERS: DULL BLADES: Shower thought: if razor blades are made of steel, why do they get dull so quickly just from removing soft hair? Researchers at MIT were curious, so they put disposable razors under an electron microscope as they cut through strands of facial hair, and were shocked to find that the hairs were creating tiny chips in the blades. The more you shave, the more chips are created. Thus why you have to replace those blades so often. SEE THE EXPERIMENT IN ACTION

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
Amazon Funds Amogy to Commercialize Ammonia-Powered Cargo-Shipping Vessels, Decarbonize Transportation
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
FedEx Announces Student Ambassador Program With Historically Black Colleges & Universities
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
'Sing 2' Takes Top Spot From 'Spider-Man' at UK Box Office
"Sing 2" has overthrown "Spider-Man: No Way Home" as the number one film at the UK box office. The animated sequel brought in $8.1 million, in just its two first weekends. However, "No Way Home" is still on track to beat "Avatar" as the number one grossing movie of all time.
First Black CEO of Big Brothers Big Sisters of America on Empowering Youth With NFL
Big Brothers Big Sisters of America has been a driving force for youth mentorship since 1904. The nonprofit organization is launching its annual Big Draft campaign this month in partnership with the NFL, and Artis Stevens, the first Black CEO of Big Brothers Big Sisters of America, joined Cheddar to discuss the push for adding more "Bigs" as mentors on his one-year anniversary leading the non-profit organization. "While the NFL is recruiting and drafting more players, they're also helping us to draft more mentors and, particularly, men all the way from across February to all the way to April of this year," Stevens explained.
Supreme Court To Hear Challenge To Affirmative Action
The Supreme Court will reconsider race-based affirmative action in college admissions. The court will examine admissions policies at Harvard University and The University of North Carolina Chapel Hill, which count the race of applicants as a factor in admissions. The court has upheld affirmative action policies in the past, saying it helps to create more diverse student bodies. However, the conservative Supreme Court could be skeptical and even possibly hostile to such policies. Nick Anderson, Higher Education Writer, Washington Post joined Cheddar's Opening Bell to discuss.
Crypto Prices Plummet, Wiping Out $1 Trillion In Global Value
The value of most cryptocurrencies have plummeted in recent months since reaching all-time highs in November, wiping out more than $1 trillion in value globally. The steep crash has some talking about the possibility of a crypto winter, a term referring to a prolonged bearish period where asset prices persistently fall over many months. This all comes as the Fed is expected to raise interest rates, and the Biden administration is working on an executive order to regulate Bitcoin and other assets. Josh Goodbody, COO of Qredo, joined Cheddar's Opening Bell to discuss the crypto crash, and how the industry might recover from it.
Streaming Giants Struggle to Retain Subscribers Following Big Releases
Recent data reveals that streaming giants are struggling to retain subscribers in the months following a major release. According to data from Antenna, subscriber trends show that users will subscribe to a given streaming service just to watch a particular show, and then cancel those subscriptions shortly after. This comes as the streaming space continues to heat up as new entrants crowd the space. Jon Christian, Founding Partner + Digital Supply Chain Leader at OnPrem joined Cheddar's Opening Bell to discuss.
EU Relaxes Travel Restrictions Within Bloc
The EU relaxed its Covid travel restrictions for vaccinated individuals among the union's 27 member states, doing away with testing or quarantine requirements for travelers. This comes soon after the World Health Organization said the omicron variant could help make the pandemic more manageable. The new rules take effect February 1st. Bryce Conway, Founder, 10xTravel joined Cheddar's Opening Bell to discuss.
China Blocking Off Scenes From Hollywood Films
If you're in China you may have noticed that the 1999 film "Fight Club" which features Brad Pitt has somehow got itself a new ending. In the new ending on the streaming service Tencent, the narrator is killed and the explosions are replaced with a black screen saying "the police arrested criminals".It's unclear as to exactly why the changes were made. However, it is the latest example of China playing by its own rules when it comes to entertainment and attempting to control everything its citizens watch. Media Reporter at Axios, Sarah Fisher, joined Cheddar to discuss more.
Load More