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
Bobby Berk of 'Queer Eye' Partners With Lowe’s Hometowns to Help Those in Need
Bobby Berk, designer, author, and star of Netflix's "Queer Eye," joined Cheddar News to talk about his new partnership with Lowe's Hometowns, a program to help projects across the nation over five years and with $100 million in funding to give aid to selected communities. Bobby Berk nominated “My Friend’s Place”, a shelter for homeless LGBTQ teens in Los Angeles. "I was homeless when I was a teen. I left home because I had to come out, and to be able to give back to these people who are going through the same things that I went through, it just means so much," he said.
Organon Gives Employees Day Off for National Women's Day
In recognition of National Women’s Day, the pharmaceutical company Organon is giving all of its employees the day off. Geralyn Ritter, head of external affairs and ESG, for the women's therapeutics business, joined Cheddar News to discuss its call to action and its platform to grow awareness regarding specific health challenges women face. “We need to be more aware of the disproportionate impact that a tremendous number of stressors have on women and that includes broader global events from climate change to the tragedy unfolding in Ukraine with miles-long lines of women and children," Ritter said. "We simply have to make a decision that this is not acceptable anymore."
Automakers Face New Supply Chain Crisis Amid Ukraine War
The pandemic, chip shortages, and now war. Automakers around the world have been getting slammed, and it now seems like things could get worse. Several car manufacturers have announced they are halting sales or shutting down factories in Russia after nations around the world moved to tighten sanctions against the country. Lisa Whalen, Auto and Mobility Analyst for Morning Consult, joins Cheddar News' Closing Bell to discuss.
Revel Raises $126 Million To Expand EV Fast-Charging Network
Shared EV service Revel raised $126 million in a Series B round. Revel first came on the map in 2018 with its shared electric moped service in New York City, which has since expanded to other cities on the east coast. The company also operates an all-Tesla ride-hailing service in Manhattan. Now, it is looking to expand its network of EV fast-charging stations, which the company calls super-hubs. Frank Reig, CEO of Revel, joins Cheddar News' Closing Bell to discuss.
Disney+ to Offer Ad-Supported Tier in Likely Bid to Grow Subscribers
There will soon be another, lower-cost subscription option for Disney+ — but with commercials. Disney will launch the new ad-supported tier for its streaming service in the U.S. later this year and internationally in 2023, but so far there is no word on an exact launch date or price for the new service option. Tal Chalozin, co-founder and CTO of online ad tech company Innovid, joined Cheddar News' Closing Bell to discuss what the news could mean for the next chapter of the streaming wars. "I wouldn't say that are worried about subscriber growth, but they have big goals to fill," he said. "They need to go to the mid-market or the longer tail. An ad model, always proven that that that's the way to go to mass market in television."
Deepak Chopra on Finding 'Fundamental Reality' in His New Book 'Abundance'
During a time of chaos, Americans might be finding it harder than ever to relax. Author Deepak Chopra joined Cheddar News to discuss his new book, "Abundance: The Inner Path to Wealth," for his readers to find peace from within. “I focused only on one thing, and that is what is fundamental reality," he said. "And once you know that fundamental reality is not your mind, not your body, it's your spirit." He also suggested music for National Day of Unplugging, which falls on March 4.
Load More