Here are the headlines you Need2Know for Friday, October 2, 2020:

TRUMP HAS VIRUS

President Trump and First Lady Melania Trump have tested positive for COVID-19 and will isolate inside the White House residence for an unknown period of time. The president announced on Twitter just before 1 am ET that he and the first lady had received positive tests, and the first lady added in her own tweet that they were both “feeling good.” The White House has not said whether either are experiencing symptoms. The stunning revelation came after reports that Hope Hicks, one of Trump’s closest advisers who had just flown with him on Air Force One, had tested positive. Reaction from world leaders is pouring in, with everyone from Boris Johnson to Vladimir Putin wishing the first couple a speedy recovery. AP

WHAT NOW?

Vice President Pence is not known to be infected, and the White House has reportedly started early discussions about the continuity of government should the president fall ill. The campaign has cancelled a rally scheduled for today in Florida, and a trip to Wisconsin tomorrow and Arizona on Monday appear to be scrapped as well. The next presidential debate, on Oct. 15, is up in the air. It’s still not clear how far the infection has spread among senior White House officials, who work in cramped quarters in the West Wing and often travel with the president to his packed rallies, rarely wearing masks. NY TIMES

VACCINE UPDATE

October is likely to be an important month for news related to some of the top coronavirus vaccine candidates in trials. Moderna’s CEO says it’s highly unlikely that their vaccine would be ready for widespread use before the spring. Pfizer’s CEO has reassured employees that the vaccine development is not being politicized, and that it’s “moving at the speed of science” as outside experts have told the pharma giant to slow down its observation period. New polls show the vast majority of the public is worried about a rushed vaccine. YAHOO FINANCE.

BREONNA TAYLOR CASE

The grand jury recording in the Breonna Taylor case will be released this morning in a rare example of grand jury deliberations being made public. A juror in the case has accused Kentucky’s attorney general of using the jury to deflect responsibility over the shooting that sparked nationwide outrage and protests. COURIER JOURNAL

EMPLOYMENT CRISIS

The last monthly jobs report before the election comes out this morning. Economists are expecting somewhere in the neighborhood of 850,000 jobs added in September, a sharp decline from the month before. The unemployment rate is expected to tick down slightly, but will almost certainly be the highest it has ever been headed into a presidential election. CNN

LAPTOP REVOLUTION

As smartphones get all the attention, computer makers have been slowly tinkering with and improving their old workhorse: the laptop. Microsoft just announced the new entry-level Surface Laptop Pro, a mid-tier device with premium finishes. Lenovo is now taking preorders for its ThinkPad X1 Fold, a foldable tablet-like laptop with an attachable keyboard. Meanwhile, Apple is reportedly working on a new 12-inch MacBook. TECHRADAR

NFL PUNTS, AGAIN

The NFL has indefinitely postponed Week 3’s Steelers-Titans game after new positive tests came back from Titans players and staff. The league is now scrambling to figure out how to shoehorn the game in later the season, though fans and analysts have noted that it could unfairly punish the Steelers, whose players, by most accounts, have been taking extreme precautions to avoid an outbreak. NY TIMES

RIRI’S FASHION SHOW

Have you looked at the new releases on iTunes or Google Play lately? It’s bleak. But Rihanna is here to save Friday movie night. The singer-turned-mogul’s annual Savage x Fenty Fashion Show drops today on Amazon Prime. In a recent Vogue interview, Rihanna spoke about the difficulties of pulling off the production amid the pandemic: READ IT

‘BORAT’ TRAILER

When Vice President Mike Pence was delivering his remarks at the CPAC conference earlier this year, he was interrupted by a Trump impersonator who was quickly removed from the audience. No one thought much of it, but turns out the heckler was Sacha Baron Cohen in heavy makeup. A clip of the interaction is part of the new trailer for the upcoming Borat sequel: SEE IT

LEFTOVERS:  EAT FRESH!

Ireland’s Supreme Court has ruled that bread made by Subway is filled with so much sugar that it cannot be legally defined as bread. The ruling was part of a tax dispute between the sandwich chain and one of its franchisees, which was arguing that the sandwich bread shouldn’t be taxed because it’s a “staple food.” The court didn’t buy it. THE JOURNAL

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