FedEx warns of headwinds in coming year, posts $2 billion loss
The delivery giant warned about slowing growth in the world economy and its decision to drop an Amazon contract
Amazon
Senators introduce bill forcing Big Tech to disclose value of user data
This is the second bill that Republican Josh Hawley and Democrat Mark Warner have introduced together
Amazon's Prime Day, starting July 15, is now 48 hours long
Retailer is banking more shoppers will pony up $119 for an annual Prime membership to take part in an expanded sale
MoneyWatch: Amazon's Prime Day expands
Amazon's Prime Day expands this year to two days, and top U.S. and Chinese negotiators to meet at G20 Summit. These and other MoneyWatch headlines on CBSN.
Walmart filed more drone patents than Amazon in 2018
As the two retail giants crank up their speedy delivery wars, they filed a total of 110 patents for drone technology
Boeing announces first 737 Max deal since deadly crashes
International Airlines Group (IAG), the parent company of British Airways and other carriers, signed a letter of intent for 200 Boeing 737 aircraft
Facebook and Tesla accused of hiding climate change risks
Investment group say hundreds of big companies are falling short when it comes to disclosing their environmental impact
The U.S. minimum wage sets a record -- for not rising
Despite a 10-year economic expansion and an 18% rise in the cost of living, the U.S. base pay hasn't budged since 2009
The 10 most valuable brands
Tech giants that prioritize the customer experience — think Amazon and Apple — are among the most highly valued corporate brands.
Amazon tops Apple and Google as world's most valuable brand
Ecommerce giant tops ranking for the first time, with tech players dominating the list
Amazon to end its U.S. restaurant delivery service
A 4-year-old business that failed to take off amid fierce competition from Uber Eats, DoorDash, GrubHub and others
Target's expanded paid family leave includes part-time workers
As labor market tightens, the retailer offers new family-care perks to all its 360,000 full-time and part-time employees
Big Tech becomes punching bag at House hearing on news
Judiciary Committee examines tech platforms' influence on news content, the media and the spread of misinformation online
Alexis Ohanian on congressional tech hearings
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
Google CEO defends YouTube amid scandals
The CEO of Google, which owns YouTube, is speaking out about a series of recent controversies over misinformation and hate speech on the site. In a new interview with Axios on HBO, Sundar Pichai said YouTube is working hard to improve. Axios media reporter Sara Fischer joins CBSN to discuss.
Tech companies under antitrust scrutiny
The federal government is set to look into four major tech companies for potential antitrust violations. The Federal Trade Commission will investigate Amazon and Facebook while the Department of Justice looks into Facebook and Google. CNET senior producer Dan Patterson joined CBSN to preview a congressional subcommittee's hearing into the companies' possible unfair practices.
Big Tech gears up for Washington battle with lobbying army
Gearing up for a big fight in Washington, four of the biggest tech companies are increasing their lobbying efforts. Amazon, Apple, Facebook and Google are drawing out lobbyists with connections to the government as they face mounting scrutiny for alleged anti-trust violations. Kenneth Vogel, Washington reporter for The New York Times, joins CBSN to discuss.
Amazon's delivery drone flies like a helicopter and a plane
Ecommerce company expects its AI-powered Prime Air delivery service to take flight "within months"
Bernie Sanders to Walmart: Your workers need higher wages
The presidential candidate will attend Walmart's annual meeting to call on the Walton family to "end the greed"
Tech giants could face antitrust crackdown
The U.S. government is planning an unprecedented review of the world's largest tech companies. Google, Apple, Facebook and Amazon are the likely targets of potential antitrust investigations. CBS News chief congressional correspondent Nancy Cordes joins CBSN to explain the latest developments.
U.S. government takes aim at tech giants
The U.S. government is planning an unprecedented and sweeping review of the world's largest tech companies. A source within the tech industry tells CBS News that Google, Apple, Facebook and Amazon are the targets of potential antitrust probes. Federal regulators, along with Congress, are trying to determine whether the companies are harming competition and consumers. Nancy Cordes reports.
Amazon and Google face antitrust questions
The Justice Department and FTC have split oversight over Amazon and Google as a possible antitrust investigation looms. Google alone has faced three fines in Europe for violating antitrust laws, and some U.S. lawmakers are call for big tech companies to break up. Charlotte Slaiman, former FTC antitrust enforcement attorney and now policy counsel for competition at Public Knowledge, joined CBSN to explain how antitrust investigations work.
MacKenzie Bezos to give away half her fortune
The ex-wife of Amazon founder and CEO Jeff Bezos says she's signing the Giving Pledge -- a commitment to give away half of her $37 billion fortune.
How big is Amazon's carbon footprint? Very, very big
Amazon Prime Day highlights how multiple, nearly instantaneous deliveries lead to a rise in overall emissions
Facial recognition technology put on blast
Amazon rejected two proposals at its annual shareholders meeting that would regulate its "Rekognition" software. The meeting came as lawmakers in Washington blasted facial recognition technology for putting putting privacy and civil rights at risk. CNET senior reporter Ben Rubin joined CBSN with more on what privacy advocates are concerned about.
Israel-Hezbollah ceasefire takes hold, fueling new push for Gaza truce
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
3 Americans held for years in China released, White House says
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Trump tariffs could hike prices for many products, including these items
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
Man missing since 1999 found after sister saw him in news article
A woman saw a photo of a man she believed to be her brother who was reported missing in 1999. She was right.
Trump team says threats, swatting incidents against Cabinet picks being investigated
Rep. Elise Stefanik, selected to be U.S. ambassador to the United Nations, said her home was targeted.
Ohio governor signs bill limiting bathroom use by transgender students
A ban on transgender students from kindergarten through college using multiperson bathrooms that fit their gender identities has become law in Ohio.
Police officer who Tasered 95-year-old woman convicted of manslaughter
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
NASA shows off image of U.S. military's abandoned "city under the ice"
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Drug cartel reeling in huge profits with illegal fishing in Gulf of Mexico
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
U.S.
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What's hot in kids toys this holiday season — and what to avoid
Consumers are expected to open their wallets this holiday season, with these children's toys high on the list.
Trump team signs some, but not all, critical transition documents
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
Ohio governor signs bill limiting bathroom use by transgender students
A ban on transgender students from kindergarten through college using multiperson bathrooms that fit their gender identities has become law in Ohio.
A toddler got a nasal swab test. So why was the bill $445?
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
3 Americans held for years in China released, White House says
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
MoneyWatch
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What's hot in kids toys this holiday season — and what to avoid
Consumers are expected to open their wallets this holiday season, with these children's toys high on the list.
A toddler got a nasal swab test. So why was the bill $445?
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Trump tariffs could make these items more expensive
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
23andMe CEO reveals plans for the company's future
23andMe CEO Anne Wojcicki talks to "CBS Mornings" co-host Gayle King about the company's recent struggles, welcoming employee feedback and her vision for the future of the genetic-testing and ancestry-tracing company.
Drug cartel reeling in huge profits with illegal fishing in Gulf of Mexico
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
Politics
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Trump team says threats, swatting incidents against multiple Cabinet picks being investigated
Rep. Elise Stefanik, selected to be U.S. ambassador to the United Nations, said her home was targeted.
Trump team signs some, but not all, critical transition documents
The Trump transition team has yet to sign key agreements with the Justice Department or General Services Administration, White House officials say.
Trump taps Jay Bhattacharya as director of the National Institutes of Health
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
After tariff threat, Trump selects Jamieson Greer as U.S. trade representative
If confirmed as trade representative, Jamieson Greer would be responsible for negotiating directly with foreign governments on trade deals and disputes.
Trial of ex-FBI informant indicted for lying about Bidens delayed
Alexander Smirnov, an FBI informant, was accused of lying about President Biden and Hunter Biden and now faces new charges of tax evasion.
HealthWatch
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A toddler got a nasal swab test. So why was the bill $445?
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why we eat turkey on Thanksgiving, according to history
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
How to safely cook your turkey — and how long to keep leftovers
If you're looking forward to a delicious — and safe — Thanksgiving dinner with loved ones, here's how to cook your turkey and keep your leftovers safely.
Biden administration set to miss chance to lock in new food guidelines
A federal panel has been meeting for months to draft recommendations.
Trump taps Jay Bhattacharya as director of the National Institutes of Health
Dr. Jay Bhattacharya, who has faced restrictions on social media platforms because of his views, was a critic of pandemic lockdowns and vaccine mandates.
World
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Accused "Pink Panthers" member among 11 nabbed in cocaine bust
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
NASA shows off image of U.S. military's abandoned "city under the ice"
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Australian lawmakers advance bill to bar under-16s from social media
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
Israel-Hezbollah ceasefire takes hold, fueling new push for Gaza truce
As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."
3 Americans held for years in China released, White House says
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Entertainment
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Grateful Dead remembers band member Phil Lesh
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Grateful Dead bandmates remember Phil Lesh
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
Harvey Weinstein accuses Rikers Island of substandard medical treatment
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
The Script on loss, resilience in new album
Irish band The Script continues to inspire with hits like "Hall of Fame," while moving forward after the loss of guitarist Mark Sheehan. Danny O'Donoghue talks to Natalie Morales about the band's journey, and how boxing helps him cope.
Danielle Pinnock talks "Ghosts"
Actor Danielle Pinnock joins "CBS Mornings" to talk about her role in the hit CBS comedy "Ghosts," where she plays a spirited 1920s jazz singer with plenty of sass.
Technology
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Australian lawmakers advance bill to bar under-16s from social media
Australia's House of Representatives has passed a bill that would ban children under the age of 16 from using most social media platforms.
AI grandma tool helps fend off phone scams
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
How AI can help to plan your next vacation
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
Science
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NASA shows off image of U.S. military's abandoned "city under the ice"
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Divided U.N. negotiations for plastic treaty
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Honolulu hopes to identify long-unclaimed bodies with advanced DNA testing
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Crime
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Accused "Pink Panthers" member among 11 nabbed in cocaine bust
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
Bombing suspect on most wanted list arrested
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Honolulu hopes to identify long-unclaimed bodies with advanced DNA testing
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
Drug cartel reeling in huge profits with illegal fishing in Gulf of Mexico
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially valuable but vulnerable species.
Police officer who Tasered 95-year-old woman convicted of manslaughter
An Australian police officer who Tasered 95-year-old great-grandmother Clare Nowland in her care home has been found guilty of manslaughter.
Space
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Webb telescope captures stunning new image of the "Sombrero galaxy"
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Distrust of Israel-Hezbollah ceasefire
The Hezbollah-Israel ceasefire deal is taking hold and those affected in Israel and Lebanon are cautiously optimistic about what comes next. CBS News' Debora Patta reports from northern Israel and Hugo Bechega with BBC News, a CBS News partner, reports from inside Beirut.
Latest news on Thanksgiving travel
Millions of Americans are driving or flying to their Thanksgiving holiday destinations as parts of the U.S. prepare for wet conditions or more snow. CBS News' Nicole Valdes reports from Atlanta's airport and Jessica Burch has the latest weather forecast.
Kate Winslet | Sunday on 60 Minutes
Cecilia Vega travels to the U.K. for an intimate portrait of Kate Winslet, Hollywood’s most un-Hollywood A-lister, and explores her journey to starring in and producing her latest film, “Lee.” 60 Minutes, Sunday.
Thanksgiving travel packs roads, airports
AAA expects nearly 72 million people will drive to their Thanksgiving destination, which is a record setting number of drivers. Gas will be about $.19 cheaper compared to last year. Meanwhile, at the airports the TSA plans to screen 2.9 million flyers Wednesday.
FBI, DHS issue pre-Thanksgiving threat memo
A new memo from the FBI and Department of Homeland Security this week suggests there are concerns over lone wolf attacks and other threats heading into the Thanksgiving holiday. CBS News Homeland Security and Justice reporter Nicole Sganga has more.