A Senate panel is one step closer to being able to confirm hundreds of top military nominees.
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U.S. and EU Agree to 'Resolve' Trade Dispute
President Trump said the U.S. will work towards a barriers-free trade deal with the EU, easing tensions that had been weighing on lawmakers, markets, and corporations for days.

Ivanka Trump Closes Fashion Brand
The First Daughter said she would close her namesake clothing, shoes, and accessories brand after 15 years in the fashion business. Trump said the decision stemmed from a career transition, though the company has seen sales fall as customers displeased with her father's policies, boycott the brand.

Need2Know: Tuesday News Roundup
These are the headlines you Need2Know.

London Taxi Drivers to Sue Uber For $1.5 Billion in Losses
The black cab drivers are exploring the possibility of bringing a class action lawsuit against the ride-hailing app, arguing that tens of thousands of them have seen their earnings dwindle with Uber's presence in the British capital. Last month, Uber won back its license to operate in London, after the transportation authority initially cited the company's poor working conditions. Cheddar's Kristen Scholer and Tim Stenovec get into the latest.

Marijuana Cultivator Acreage Holdings Raises $119 Million and Eyes Canada Listing
The company, which counts former House Speaker John Boehner as a board member, just brought in $119 million in funding. Now Acreage Holdings is getting ready to list shares in Canada, a significant step for the growth and acceptance of cannabis, says George Allen, the company's president.

Are Lower Drug Prices for Real?
Peter Loftus, Reporter at the Wall Street Journal, is skeptical of pharmaceutical companies touting lower drug prices. Merck may be cutting prices on medications, Loftus told Cheddar, but the ones affected represent a smaller percentage of the company's total sales.

Hawaii's Congressional Race Sparks Tension Among Democrats
Kaniela Ing is fighting for a lead in Hawaii's First Congressional District. Currently ranked fourth in polling, Ing urges progressive Democrats not to take a step back after Alexandra Ocasio-Cortez's historic campaign, but rather to embrace new wave politics.

More User-Data Violations at Facebook
Facebook has suspended analytics firm Crimson Hexagon for allegedly mishandling user data. The Boston-based company has also been banned from the site for possible ties to a Kremlin-based nonprofit and the U.S. government. Deputy Tech editor at [Mashable Michael Nuñez explains why users should be concerned.](https://mashable.com/2018/07/20/facebook-suspends-crimson-hexagon/)

Trump Threatens Iran, Warns of Dire 'Consequences'
The U.S. president on Sunday tweeted at Iranian president Hassan Rouhani to "never, ever threaten the United States or you will suffer consequences the likes of which few throughout history have ever suffered before." His all-caps post came in response to Rouhani's own strongly-worded message for the United States. Cheddar's J.D. Durkin gets into the latest.



