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Here are the headlines you Need2Know for Wednesday, June 8, 2022:

PRIMARY RESULTS: SAN FRANCISCO RECALLS DA

In a California primary election that signals Democratic voters’ concerns about public safety, San Francisco recalled progressive District Attorney Chesa Boudin, and tough-on-crime businessman Rick Caruso is headed to a runoff against Rep. Karen Bass in the Los Angeles mayor’s race. In Iowa’s Democratic Senate primary, retired Navy Adm. Mike Franken upset former Rep. Abby Finkenauer. Franken is facing an uphill battle against Republican incumbent Sen. Chuck Grassley in November. In New Jersey, moderate Republican Rep. Chris Smith held off conservative talk radio host Mike Crispi, who was backed by Trump allies Roger Stone and Rudy Giuliani. CNN

UKRAINE: WATER AND FOOD CRISES WORSEN

As battles rage on the streets of the industrial city of Severodonetsk, other towns in eastern Ukraine are under an increased air assault. In Mariupol, city officials are warning of a deadly outbreak of cholera, saying the city’s drinking water has been contaminated by decomposing garbage and corpses. An exiled Ukrainian official says occupying Russian forces are considering quarantining its troops there. Additionally, Russia is facing mounting criticism for fueling an international food crisis as a war tactic, holding millions of tons of Ukrainian grain hostage. Charles Michel, president of the European Council, accused the Kremlin of “using food supplies as a stealth missile against developing countries.” NY TIMES

SUPERYACHT SEIZED IN FIJI

The U.S. won a legal battle to seize a Russian-owned superyacht that was docked in Fiji in the South Pacific. The U.S. is working to seize assets of Russian oligarchs around the world to hinder Russia’s ability to finance its invasion of Ukraine. The yacht, named Amadea, departed Fiji waters just an hour after the island nation’s Supreme Court lifted a stay order that had prevented the U.S. from taking the boat. Fiji’s highest court ruled that public interest demanded the yacht "sail out of Fiji waters" because having it docked there was "costing the Fijian Government dearly." The FBI reported that maintenance of the yacht is roughly $25 million per year; the 350-footer arrived in Fiji just under two months ago. REUTERS

EU DEMANDS IPHONES SWITCH TO USB PORTS

Starting in 2024, iPhones in Europe will switch from their Lightning connector to a USB port. European Union lawmakers agreed on legislation that requires smartphones sold in the EU, including Apple’s iPhone, to be equipped with a standard USB-C charging port. They say a common charger will cut waste and make life easier for consumers who will theoretically need just one charger for multiple devices. The initiative could save European consumers an estimated 250 million euros per year on “unnecessary charger purchases” and cut down on around 11,000 tons of e-waste annually. THE VERGE

How about a phone with both types of charging ports?

OLYMPIC SKATING AGE MINIMUM RAISED

The minimum age for Olympic skating competitions will be raised from 15 to 17, following a decision by the International Skating Union. After 15-year-old Russian figure skater Kamila Valieva tested positive for a banned substance during February’s Beijing Winter Olympics, skepticism grew over the protection of minors participating in skating events. ISU officials said raising the minimum age is necessary "for the sake of protecting the physical and mental health, and emotional well-being of Skaters." The minimum age for figure and speed skaters will be 16 years old for the 2023-24 season before increasing to 17 beginning with the 2024-25 season, in time for the 2026 Winter Olympics in Italy. AP

BIPARTISAN CRYPTO REGULATION BILL

After years of legal uncertainty around cryptocurrencies, Republican Sen. Cynthia Lummis and Democratic Sen. Kirsten Gillibrand have introduced the Responsible Financial Innovation Act, which would create hard and fast rules around digital assets like bitcoin. The bill sets legal standards for classifying crypto assets as either commodities or securities, and requires the IRS to develop guidelines for accepting cryptocurrencies as payment or as a charitable contribution. The senators said it would balance the crypto market’s need for consumer protections with a desire to promote financial innovation — though it's unclear if the legislation would help rein in the volatile and fraud-prone industry. CHEDDAR

TARGET’S SURPLUS PROBLEM

Target warned investors to expect its profits to drop, saying in an earnings call that the company has too much merchandise that consumers no longer want. The mismatch of supply and demand has prompted Target to cancel vendors’ orders and offer products at a discount to clear out unwanted goods. In the previous quarter, Target’s inventory rose 43% amid a sharp decline in demand for outdoor furniture, small appliances and electronics. Also hurting profits were supply chain entanglements that delayed the arrival of many goods past their ideal selling window. Shares of Target dropped around 3.7% yesterday, and the stock is down just over 30% in the last month as the big-box retailer struggles to clear its shelves. CNBC

If only we could replace some of that outdoor furniture with baby formula.

FOUR-DAY WORKWEEK TRIAL BEGINS

The four-day work week is getting a test run in the U.K. The six-month trial involves 3,300 workers across 70 companies in industries including marketing, healthcare, financial services and retail, among others. Researchers at Cambridge University, Oxford University and Boston College will assess the shortened workweek's effect on productivity and quality of life, conducting interviews and staff surveys throughout the trial. Results will be announced in 2023. Working four days instead of five has been an employee’s dream for decades, dating back to 1956, when then-Vice President Richard Nixon predicted that a four-day workweek would arrive in the “not too distant future.” Fast forward to 2022, and the U.K. has launched the largest-ever trial to measure the impact of such an arrangement. CHEDDAR

WHAT WOULD STUDENT LOAN CANCELLATION LOOK LIKE?

Rather than cancel student loan debt altogether, President Joe Biden has opted to extend the pandemic-era moratorium on federal student loan payments through August. As we get closer to that deadline, the conversation is growing about whether President Joe Biden should cancel student debt — and to what extent. Cheddar’s Ben Deeter explains how a typical indebted undergraduate student could be affected and takes a deep dive into Biden’s options for relieving millions of students of millions of dollars in loan debt. CHEDDAR

BIDEN ON KIMMEL

Marking his first in-person appearance on a late-night talk show since taking office, President Joe Biden will drop in on ABC’s “Jimmy Kimmel Live!” tonight in an episode airing at 11:35 p.m. ET. The president is stopping by Kimmel’s show in Hollywood during his trip to Los Angeles, where he hosts the Summit of the Americas, a political gathering among Western Hemisphere leaders. In his first late-night stop as president, Biden appeared virtually on “The Tonight Show” with Jimmy Fallon in December 2021. PEOPLE

No chance Biden stays up to watch. 

SAY WHAT??

“We can’t let the Queen Latifahs of the world not exist. We need people to care about other people.”
— Actor, entertainer and hip-hop icon Queen Latifah on ending the stigma around obesity. Upon the release of her new film, “Hustle,” she joined Cheddar News to discuss how she is working toward educating others and having important conversations about the social struggles that come with obesity. CHEDDAR
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