These are the headlines you Need2Know:
* **Trump Visits Friends at Fox:**
In an interview that aired on "Fox & Friends" on Thursday, the president said he only learned his ex-lawyer Michael Cohen paid off two women “later on.” Trump also alleged Cohen didn't violate campaign finance laws because the payments "came from me" and not his campaign. To watch the interview, [click here](http://www.foxnews.com/politics/2018/08/22/trump-insists-learned-michael-cohen-payments-later-on-in-fox-friends-exclusive.html).
* **Hawaii Braces for a Hurricane:**
Hurricane Lane was downgraded to a Category 4 storm with sustained winds of 155 mph. It could be the first hurricane to make landfall on Hawaii in decades. Maui could get 18 inches of rain, and up to two feet of water may fall on the Big Island. For more on the developing storm, [click here](https://www.cbsnews.com/news/why-hurricane-lane-approaching-hawaii-is-so-rare/).
* **Tariffs, Yet Again:**
Another round of tariffs on Chinese imports takes effect Thursday. The 279 targeted items include electronics and plastics. [Read the details here](https://www.npr.org/2018/08/20/640141115/how-much-are-tariffs-pushing-up-prices).
* **OSU's Urban Meyer Suspended:**
Ohio State University on Wednesday suspended its head football coach for the first three games of the season. A two-week investigation concluded the coach mishandled domestic violence accusations against a former assistant coach. Meyer is suspended without pay and cannot interact with his team until September 2. For more on this story, [click here](http://www.espn.com/college-football/story/_/id/24449427/ohio-state-suspends-coach-urban-meyer-ad-gene-smith).
Cheddar's Jill Wagner gets into the latest.
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New York quickly became the sports betting capital in the United States following an electric debut earlier this month. Cheddar News was joined by Chad Kornett, VP of Government Relations for Gaming at Geocomply to dive into the numbers.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
The NCAA voted to streamline their constitution at their annual convention on Thursday. Each of the three college divisions can decide how student-athletes can make money from outside sources but still restricts schools from directly paying its players.
With New York recently announcing the legalization of sports betting, even a greater number of bettors are looking forward to the NFL's divisional round. Derek Carty, a fantasy sports and sports betting analyst, talked to Cheddar about betting strategies for the four upcoming playoff games. "I feel like the Chiefs are a little bit overrated by the markets, and so the Bills here really look good to me," Carty said for the Kansas City and Buffalo matchup. He also pointed to the Green Bay Packers to be the likeliest team to win the Super Bowl this year.
Olivia Harlan Dekker and Sean Green break down and provide their top picks for the NFL Divisional Round this weekend, while Frank Schwab dissects NBA futures and gives his take on the ongoing Nets drama.
Sean Green, co-founder of The Sports Gambling Podcast Network, joins Cheddar Bets to break down the best plays across the AFC Divisional Round matchups.
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Frank Schwab, sports betting writer for Yahoo! Sports, joins Cheddar Bets to find the best value down the MVP contender list and make sense of how to bet the Nets at home and on the road.
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The drama surrounding tennis star Novak Djokovic continues after he was deported from Australia over the weekend due to the nation's COVID-19 vaccine requirements. Djokovic was forced to leave the country on the eve of what was to be his first match in defense of his Australian Open title after three judges ruled in favor of his removal and revealed their reasoning for doing so. Adding to his woes, a law recently passed in France is putting his chances of defending his French Open title in jeopardy. The director of Marist's Center for Sports Communication, Jane McManus, joined Cheddar to discuss the ongoing fallout.
