Here are the headlines you Need2Know for Wednesday, November 11, 2020:

PRESIDENTIAL TRANSITION

The New York Times reached out to election officials in all 50 states. Not a single one reported any voting irregularities that would have affected the outcome of their counts. Nevertheless, the Trump administration continues to insist that the president did not lose, even as world leaders -- with the notable exceptions of Putin and Xi -- have called to congratulate President-elect Biden. The Biden transition team has not been given access to the resources required by law, though Biden said the transition process is still moving forward. He called President Trump’s refusal to concede “an embarrassment.” NY TIMES

OBAMACARE LIVES?

The Supreme Court took up arguments in the Trump administration’s challenge to the Affordable Care Act, and judging by how key justices spoke, it seems like they are leaning against striking down the law. Justices Roberts and Kavanaugh suggested that “severing” the individual mandate would not automatically invalidate the rest of the ACA. (The individual mandate is already effectively meaningless after Congress zeroed out the penalty.) With Roberts and Kavanaugh apparently on board with the three liberal justices, it seems as though Obamacare will live to see another day. NPR

COVID-19: LATEST DEVELOPMENTS

COVID hospitalizations in the U.S. have hit 62,000, surpassing the peak set in April, as the country is now recording more than 100,000 new cases every day. With ICUs in states like Oklahoma, Wisconsin and Texas already strained, officials are warning that the situation is likely to get much worse in the coming weeks. In NYC, the daily positivity rate is approaching the 3 percent threshold at which schools would go all remote. The CDC is warning Americans that Thanksgiving gatherings could be the next big spreading events, and is recommending that dinner be held outside if possible. USA TODAY

VATICAN INTERNAL REPORT

An internal Vatican investigation has found that Theodore McCarrick, the defrocked archbishop of Washington, was personally protected by the late Pope John Paul II. John Paul is said to have known about misconduct allegations against McCarrick decades before they became public, and facilitated his rise in the Church anyway. The report is an unprecedented look at the Church’s failings in the sexual abuse crisis and how bishops covered up egregious examples of misconduct amid their ranks. NBC NEWS

SINGLE'S DAY

The world’s biggest online shopping event is underway in China. Alibaba’s Singles Day is bigger than Black Friday and Cyber Monday in the U.S. Alibaba said orders have already exceeded $56 billion, another sign that China’s post-COVID economic recovery is firing on all cylinders. REUTERS

APPLE SILICON

Apple announced its first computers that are powered by its own in-house processors, a major milestone in computing that could change how PCs and laptops look and work in the future. Apple cut ties with Intel and built its own chips from scratch, making them more like the chips found in iPhones than in a full-scale computer. Apple says its M1 chips are more powerful and more efficient, which could translate to smaller designs and longer battery life. CNET

SHOT OF A LIFETIME

The pandemic-delayed Masters tees off tomorrow, but the best shot of the tournament has already happened. Frankly, it may be the best shot of all time. Golfer Jon Rahm, practicing at Augusta on his 26th birthday, skipped the ball across the pond on No. 16 before it weaved all the way down the green for a hole-in-one: WATCH

BEYONCÉ X PELOTON

Peloton has inked a multi-year deal with none other than Beyoncé to produce exclusive content for its at-home workout classes. Peloton says Beyoncé is the most-requested artist by Peloton members, and she will create a series of “themed workout experiences” across fitness categories. BI

SPOTTED...

...Leonardo DiCaprio and Emile Hirsch enjoying a day at the beach in Malibu. Leo is once again being teased for his “dad bod”: SEE PICS

LEFTOVERS: VACCINE POWER COUPLE

Pfizer’s CEO has described its coronavirus vaccine as the greatest medical advancement in the last 100 years. Assuming the vaccine is authorized and effective, the world may have a new pair of heroes to thank: Dr. Uğur Şahin and Dr. Özlem Türeci, the German-Turkish power couple who founded BioNTech, Pfizer’s partner in vaccine development. Drs. Sahin and Tureci are considered the parents of the mRNA technology that is the basis of the vaccine breakthrough. Here’s their story: READ IT

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
L’Oréal Leans Into High-Tech Innovations for Home Hair Coloring
L’Oréal is doubling down on its investment in tech. The French beauty giant unveiled two new high-tech products ahead of CES 2022, aimed at simplifying the hair coloring process. Guive Balooch, global vice president of L’Oréal Technology Incubator, joined Cheddar's Opening Bell to discuss the company's innovations for hair coloring, including the Colorsonic application device and the Coloright AI diagnostic tool.
Bill Murray, Cellist Jan Vogler Make Beautiful Music Together in New Concert Doc
After meeting by chance in an airport, legendary actor Bill Murray and world-renowned cellist Jan Vogler joined forces to put out an album of poetry and music, go on a European concert tour, and release a feature documentary. Murray and Vogler joined Cheddar to dish about the experiences taking their “New Worlds: The Cradle of Civilization" on the road and filming the documentary that followed the pair, along with Mira Wang on violin and Vanessa Perez on piano, at their final show in Greece. "When this opportunity to play with Jan and Mira and Vanessa came along, I thought, well how bad can I be with these people behind me," Murray self-deprecatingly noted about his own musical talents.
Everything You Need to Know About Climbing Mount Everest
On this episode of Cheddar Reveals: Director of Programs at Alpine Ascents breaks down how to mentally and physically prepare for climbing Mount Everest; American Himalayan Foundation's Vice President discusses Sherpa culture and ethos, and why they are so critical to the climb; A look at Curiosity Stream's 'History by the Numbers.'
Why Cars Can Go Speeds They Can’t Legally Hit
All around the world, speed limits are placed on public roads to promote car safety and save lives. In that same world, car manufacturers have continued to look for ways to build faster and faster cars. Despite the dangers of speeding, many drivers are guilty of pushing the pedal from time to time. With cars being such a prevalent culture in everyday life, especially in the US, it’s worth wondering what it would take for car companies to once and for all settle the argument of safety versus freedom.
Income Inequality Among Influencers, Closing the Racial Pay Gap
A recent study by MSI uncovers a vast racial divide in influencer marketing. The research found a 35% racial pay gap between white and black influencers. This gap is extremely wider than the gap in other industries such as education, business, and finance. The research also suggests that brands and agencies have the power to close this gap. Tiffany Hardin, founder and CEO of Gild Creative Group, joins Cheddar News to discuss.
Pennsylvania AG Josh Shapiro Details Navient's Predatory Student Loan Schemes
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
Foxtrot Raises $100 Million to Accelerate National Retail Expansion Of Its Digital-First, Omnichannel Corner Store
Retail platform operator and delivery company, Foxtrot, raised $100 million in a Series C round led by D1 Capital Partners. Foxtrot bills itself as the modern convenience store that combines what it calls in-store curated discovery with 30-minute delivery and 5-minute pickup. Since launching first as a digital-only delivery service, the company has since grown into a popular local retailer, opening 16 brick and mortar locations across Chicago, Dallas, and Washington, DC. Foxtrot co-founder and CEO Michael LaVitola joined Cheddar News' Closing Bell to discuss.
Load More