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
e.l.f. Beauty Eliminates One Million Pounds Of Packaging Materials
e.l.f Beauty is celebrating a significant milestone in its sustainable journey. Since launching its Project Unicorn initiative in 2019, the company has eliminated more than one million pounds of packaging materials. Ashley Rosebrook, e.l.f. Beauty's chief creative officer, who spearheaded this effort and has continued to work to reduce the brand's carbon footprint, joined Cheddar to discuss this initiative and what the company aims to do next.
Omicron Fuels Concerns Over Holiday Travel
The Omicron variant is raising concerns about how safe it is to travel, just as millions of Americans were getting ready to jet set away for the holidays. Scientists are still trying to understand how much protection vaccines offer against the new variant, and many questions remain unanswered. Sara Nelson, President of the Association of Flight Attendants, gives tips on how to travel safely and comments on the aviation industry's ongoing recovery from the pandemic.
Could This Year's Meme Stock Mania Surrounding GameStop, AMC, and Others Continue in 2022 and Beyond?
As 2021 is approaching its end, the meme stock mania that surrounded companies like Gamestop and AMC this year doesn't seem to be going anywhere. Stocks for both companies plunged to their lowest levels in months on Monday, but on Tuesday, traders seemed to come to the rescue, as the stocks for both companies saw rebounds. Great Hill Capital Chariman Thomas Hayes joins Cheddar News' Closing Bell to discuss.
Upward Farms Aims to Reconnect Consumers with Locally-Grown Food
Upward Farms is an indoor vertical farming company on a mission to heal our broken food system and reconnect consumers with organic locally-grown food. The Brooklyn-based company uses its controlled environment farms to grow organic leafy greens, which are sold at whole foods markets in New York City. Upward Farms co-founder and CEO Jason Green joined Cheddar Climate to discuss.
12 Terms of 2021: Infrastructure
Cheddar is looking back at the 12 biggest buzzwords of the year leading up to Christmas. Today's word of the day is "Infrastructure." Definition: (noun) the basic physical and organizational systems that uphold the structure of the economy.
2022 Predictions for Cannabis Industry
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
The Environmental Impact of Cannabis Farms
As more states begin to legalize recreational marijuana, there's a growing interest in legalizing cannabis cultivation. As the rise in cannabis farms expands across the U.S., more research is being done to examine its impact on the planet. Michael Katz, executive director at Mendocino Cannabis Alliance, joins Cheddar News to talk about the carbon footprint of cannabis farms.
Load More