These are the headlines you Need 2 Know. * **California Fires:** The death toll from the Camp Fire has risen to 56 with the statewide number at 59. More than 100 people are missing and authorities are reportedly asking family members of the missing for DNA samples. Many of the victims were elderly residents of the tiny wooded town of Magalia who were unable to get out on the single road. Read more [here](https://www.cbsnews.com/live-news/california-fires-camp-woolsey-containment-evacuations-death-toll-2018-11-14-live-updates/). * **Avenatti Arrest:** Michael Avenatti, the lawyer for adult film star Stormy Daniels, has been arrested on a felony domestic violence charge. Avenatti told reporters after getting bailed out that he has “never struck a woman” and “will never strike a woman.” Police say the alleged victim ー who has not been named ー had visible injuries. Read more [here](https://www.usatoday.com/story/news/2018/11/14/michael-avenatti-arrested-following-domestic-violence-incident/2006582002/). * **Congressional Leadership:** Lawmakers have begun the process of electing the leaders of the next Congress. Rep. Kevin McCarthy of California was elected House Minority Leader on the Republican side. Meanwhile, an internal battle is brewing among Democrats over whether to hand Rep. Nancy Pelosi the speaker’s gavel again. At least 17 Democrats are opposing her election as Speaker, though no one has yet come forward to run against her. Read more [here](https://www.washingtonpost.com/powerpost/pelosi-faces-daunting-challenge-in-speakers-bid-as-democratic-foes-stand-firm/2018/11/14/29c1e018-e83a-11e8-a939-9469f1166f9d_story.html?utm_term=.51fc7b423e72). * **Fox & Friend, CNN:** Fox News is supporting CNN in its lawsuit against President Trump after the White House revoked correspondent Jim Acosta’s press credentials. CBS, NBC, and other outlets are also supporting CNN. The judge hearing the case is expected to make a ruling today. Read more [here](https://deadline.com/2018/11/fox-news-supports-cnn-in-lawsuit-to-restore-jim-acostas-white-house-credentials-1202501801/). * **Brexit Chaos:** The risk of a chaotic U.K. exit from the European Union is increasing as the March 2019 deadline nears. Two government ministers resigned in protest to the framework Brexit deal that Prime Minister Theresa May negotiated, putting it in doubt. Investors are deeply worried the U.K. will “crash out” of the EU and destabilize global markets. Read more [here](https://www.cnn.com/2018/11/15/investing/pound-sterling-brexit-uk/index.html). * **HQ2 Rents:** If you live near the sites of the proposed new Amazon headquarters in Virginia and New York and don’t own your home, prepare for your rent to go up. Realtors are already reporting a land rush of buyers for condos in Arlington and Long Island City, where some apartments are being sold, sight unseen, over text message. Read more [here](https://www.cheddar.com/videos/renters-in-long-island-city-will-front-the-burden-from-hq2). * **Sports:** Jacob deGrom of the Mets and Blake Snell of the Rays were awarded the coveted Cy Young Award for the best pitchers in the American and National leagues. Both are first-time winners. Read more [here](https://www.cbssports.com/mlb/news/mets-jacob-degrom-rays-blake-snell-capture-2018-cy-young-awards/). * **Tom Too Short:** Tom Cruise won’t be playing action hero Jack Reacher on the small screen, despite playing the character twice in the movies. That’s because creator Lee Child says Cruise is too short and “didn’t have the physicality.” Cruise is 5 ft. 7 in. and Reacher is described as 6 ft. 5 in. Read more [here](https://www.bbc.com/news/entertainment-arts-46207601). * **Raccoon Scare:** Residents in a West Virginia neighborhood had been calling police about suspected rabid raccoons ー but turns out they were drunk, so to speak, on fermented crabapples. Read more [here](https://www.huffingtonpost.com/entry/drunk-raccoons-west-virginia_us_5bebdafce4b0783e0a1db81e). * **Diner Detox:** Some restaurants in New York and New Jersey are encouraging diners to ditch their phones while dining. At one New York City restaurant, there are boxes on the table. If diners choose, they can place their phones in the box for the duration of the meal. At a New Jersey restaurant, diners can do the same with champagne buckets. Read more [here](https://newyork.cbslocal.com/2018/11/14/phone-free-dining/). * **CMAs:** Keith Urban was named ‘Entertainer of the Year’ at The Country Music Association Awards. The ceremony, hosted by Carrie Underwood and Brad Paisley, was dedicated to the 12 people killed at a country bar in Thousand Oaks, California. Chris Stapleton won ‘Male Vocalist of the Year’ among other awards. [See winners](https://www.usmagazine.com/celebrity-news/news/country-music-awards-2018-full-list-of-nominees-and-winners/). Cheddar's Hena Doba gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Business
Stocks Close Lower on the Last Trading Day of the Month, But S&P and Dow Both Rose in May
Stocks closed lower to end the last trading day of May, but the S&P 500 and the Dow Jones both rose over the past month. The Federal Reserve in early May raised interest rates by half a percentage point as it tries to fight inflation, but the question continues to linger: will we enter a recession as we try to tame inflation? Anthony Saccaro, Founder & President of Providence Financial, joins Closing Bell to discuss today's close, the possibility of a recession, where he is telling clients to look for opportunities, and more.
State of the Semiconductor Industry: One Company Scoops Up a Cloud Computing Firm, While Others Lower Outlook, Prepare to Raise Prices
The semiconductor industry is at an inflection point as it tries to fully recover from the worst of pandemic-era headwinds. While Broadcom has announced it will buy cloud computing company VMware, Nvidia is lowering its current quarterly outlook. Meanwhile, TSMC and Intel are contemplating raising prices -- again -- thanks to higher materials costs. Where does the industry go from here? Ted Mortonson, technology strategist at Baird, joins Closing Bell to discuss.
Memorial Day Weekend Kicks Off Summer Travel Season With Turbulence
Memorial Day rang in the unofficial start of summer here in the United States -- and with it, the unofficial start of summer travel. Whether consumers traveled by air or by land, they probably experienced some form of frustration over the weekend. Flyers faced delays and cancellations, and drivers faced the most expensive gas prices ever recorded on Memorial Day. Zach Griff, Senior Aviation Reporter for the Points Guy, joins Cheddar News' Closing Bell to discuss.
Load More