These are the headlines you Need2Know:
* **Floods in India Wreak Havoc:**
Southern India's Kerala state is shouldering its worst flooding in a century ー which, officials said Sunday, has displaced about 800,000 people and killed over 350. Downpours precipitated the floods and landslides, causing homes and bridges to collapse. For more on the disaster, [click here](http://www.time.com/5371279/india-flooding-kerala/).
* **Hawaii Hurricane May Pass South:**
Hurricane Lane became a Category 4 storm over the weekend, with winds at 140 mph, but it later weakened to a Category 3. The storm is expected to pass south of Hawaii’s Big Island. Track the developments [here](https://weather.com/storms/hurricane/video/hurricane-lane-to-weaken-and-pass-south-of-hawaii).
* **'Crazy Rich Asians' Does Crazy Well at Box Office:**
The movie brought in more than $25 million domestically. It’s the first Hollywood movie with a predominantly Asian cast since "The Joy Luck Club" in 1993 and the best opening for a rom-com since Amy Schumer's "Trainwreck" in 2015. For more on this story, [click here](http://www.latimes.com/entertainment/movies/la-et-mn-crazy-rich-asians-jon-chu-projects-20180820-story.html).
Cheddar's Jill Wagner gets into the latest.
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The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six.
Workers at 150 Starbucks locations will strike in the coming week over what their union says is a clash over decor supporting LBGTQ+ causes, but the company denies it's banned any such displays and accused the union of using misinformation as a tactic in labor talks.
About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Bud Light has rolled out a new ad campaign, weeks after protests over the company's partnership with trans influencer Dylan Mulvaney.
3M Co. reached a $10.3 billion agreement to settle lawsuits that claimed toxic chemicals had contaminated drinking water across the country.
Overstock.com has won the bid to buy Bed Bath & Beyond IP and digital assets.
Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
In his second day of testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell reiterated that the board is considering more interest rate hikes.
United Airlines will now be able to send a meal or hotel voucher to customers' phones, if needed, during emergency situations.
