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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An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
