These are the headlines you Need 2 Know.
* **Hurricane Lane Hits Hawaii:**
As much as 20 inches of rain have fallen on parts of Hawaii so far, causing flooding and mudslides on the Big Island and Maui. Forecasters said Friday the Category 3 storm is moving slowly and could drench Hawaii for several days. The National Weather Service reported Friday that only two storms of this strength have ever come within 350 miles of the islands. For photos from the storm [click here] (http://www.foxnews.com/us/2018/08/24/hurricane-lane-category-3-storm-lashes-hawaii-as-it-makes-slow-move-off-coast.html).
* **Verizon Issues Mea Culpa:**
Verizon apologized for throttling or slowing down data service for firefighters who were battling the Mendocino Complex fire in California. Officials said the data connection was slowed to about 1/200th of its previous speed — just as firemen were coordinating a response to the biggest blaze in California's history. Verizon said the fire department used its allotment of data for the month, but the company admitted it should have waived restrictions for an emergency. For the latest, [click here](https://arstechnica.com/tech-policy/2018/08/fire-dept-rejects-verizons-customer-support-mistake-excuse-for-throttling/?amp=1).
* **National Enquirer May Have Dirt on Trump:**
The tabloid allegedly has a safe where it stores documents related to hush-money payments and “other damaging stories” about President Trump. The Associated Press reported the information was never printed because of the paper’s “cozy” relationship with Trump. Meanwhile, federal prosecutors reportedly have granted immunity to David Pecker, the CEO of the National Enquirer’s parent company. [Read the details here] (https://www.apnews.com/143be3c52d4746af8546ca6772754407/AP:-National-Enquirer's-safe-held-damaging-Trump-stories).
* **Children's Medicine Recalled:**
King Bio is recalling 32 children's medicines because of microbial contamination in liquids produced between August 1, 2017, and April this year. The company said ingesting the medicines could result in life-threatening infections. Find the recalled products [here] (https://www.usatoday.com/story/money/nation-now/2018/08/23/king-bio-recall-childrens-medicines-microbial-contamination/1071691002/).
Cheddar's Jill Wagner gets into the latest.
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Sinead O’Sullivan breaks down Taylor Swift’s genius marketing for The Life of a Showgirl, which just set the record for most albums sold in a single week.
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond
Bambu Ventures's Kyle Pretsch dives into Lemonaid’s $10M buyout, down from 23andMe’s $400M price tag, and what’s next after Chrome Co.’s dramatic pivot.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.
Atlanta Mayor Andre Dickens shares plans for affordable housing, community-led growth, and why private and public grocery stores could be key to food equity.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
