These are the headlines you Need2Know:
* **Western Wildfires Grow Deadly:**
At least 16 active and a dozen contained fires have engulfed the state of California. The blazes range from mild to deadly, and some have even spread to as many as nine neighboring states. Check out the striking photos [here](http://www.latimes.com/local/lanow/la-me-ln-carr-fire-20180726-story.html).
* **Tweets, Trouble, Trump:**
Special Council Robert Mueller thinks President Trump's tweets may support an obstruction of justice case. Mueller objects, most notably, to Trump's criticisms of Attorney General Jeff Sessions and former FBI Chief James Comey. In typical fashion, Trump responded to Mueller on Twitter. More on Trump and the latest [scandal](https://www.nytimes.com/2018/07/26/us/politics/trump-tweets-mueller-obstruction.html).
* **Thousands of Immigrant Children Returned to Parents, But Many Still Separated:**
The White House reported Thursday night that more than 1,800 immigrant children were reunited with their parents on Deadline Day. Nevertheless, a little over 700 children remain in custody. A federal judge will stage a hearing Friday to determine whether the Trump Administration honored its promise. For more on this story, [click here](https://www.usatoday.com/story/news/nation/2018/07/26/feds-race-against-clock-reunify-immigrant-families-caught-border/844107002/).
* **Papa John Sues Papa John's**
The company’s former CEO John Schnatter filed a lawsuit against the pizza chain on Thursday, asking for access to company files. On July 11, [reports](https://www.forbes.com/sites/noahkirsch/2018/07/11/papa-johns-founder-john-schnatter-allegedly-used-n-word-on-conference-call/#483fa4224cfc) surfaced that Schnatter used a racial pejorative during a conference call. Schnatter still owns over 20 percent of the company but resigned as CEO and was removed from all marketing after the scandal. For more on this story, check out [CNNMoney](https://money.cnn.com/2018/07/26/news/companies/papa-johns-lawsuit-john-schnatter/index.html).
Cheddar's Jill Wagner gets into the latest.
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Officials and power operators are bracing the public for blackouts caused by higher-than-average temperatures this summer. Utility officials in California and Arizona are warning of potential interruptions this summer due to the strain on energy supplies. Heat waves and drought conditions weaken power grids and available electricity reserves. This also makes hydroelectric power less reliable and raises the risk of wildfires.
Cisco DeVries, CEO of OhmConnect, joins Cheddar News to discuss.
The markets opened lower on Thursday as investors hold their breath ahead of the May consumer price index, which will give investors a better picture of the state of inflation in the United States. Michele Schneider, a partner and the director of trading research and education for MarketGauge.com, joined Cheddar to discuss. "If the CPI read is softer than what's expected, we actually might get a rally," she said. "If it's more than expected, then I think it will spook the market."
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
Pinterest is making a big move as it pushes further into online shopping. The image-focused social media site is acquiring A.I.-powered shopping platform THE YES as it focuses on enhancing the user shopping experience. THE YES's technology gives users a personalized feed of products based on their preferences, and Pinterest is banking on the tech to give it an advantage among other social media apps with built-in shopping features. Julie Bornstein, founder and CEO of THE YES, joins Closing Bell to discuss the company's unique technology, why it agreed to sell to Pinterest, her vision as she takes over shopping initiatives, and more.
Keith Barr, CEO of InterContinental Hotel Group, says he is expecting an 'incredible' summer for his business as pandemic conditions have normalized and people are ready to travel.
Dann Ryan, Chief Investment Officer at Sincerus Advisory, discusses what drove markets lower on Wednesday, as well as what investors are anticipating when it comes to the upcoming CPI report and Fed decision.
