Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
Bankruptcy
Apple to build AI server factory in U.S.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Joann closing all of its remaining stores and going out of business
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Some Big Lots stores will remain open
Inflation and high interest rates contributed to the Big Lots' bankruptcy, but a deal with Gordon Brothers Retail Partners will keep hundreds of stores open. CBS News contributor Javier E. David has more.
Big Lots reaches deal to keep hundreds of U.S. stores open
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store says it's filing for bankruptcy protection
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Sen. Warren pushes bill to make it easier to declare bankruptcy
Sen. Elizabeth Warren says Americans seeking debt relief face an overly complicated, costly bankruptcy system.
What may be next after Infowars sale blocked
A federal judge is blocking the sale of Alex Jones' Infowars to the satirical news outlet The Onion. A bankruptcy auction initially forced Jones to sell off the conspiracy theory platform. CBS News legal contributor Jessica Levinson discusses why the judge blocked the sale and what could happen next.
Alex Jones sues The Onion
Conspiracy theorist Alex Jones filed a lawsuit this week to try to block the sale of his right-wing company Infowars to satirical publisher The Onion. CBS News legal contributor Jessica Levinson breaks it down.
Personal bankruptcies are up. When does it make sense to file?
Americans struggling to stay financially afloat should consider debt relief before tapping into retirement accounts, experts say.
What Spirit Airlines bankruptcy means for you
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.
Spirit Airlines bankruptcy and holidays
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections.
Flights not impacted by Spirit bankruptcy
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van Cleave has more on what this news means for air travel.
Spirit Airlines files for bankruptcy
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit says operations will continue as normal for now and flights will not be impacted.
Alex Jones' Infowars purchased by The Onion
The satirical site The Onion has purchased Infowars, the media platform owned by conspiracy theorist Alex Jones. The Onion in its purchase received the support of Sandy Hook families who won over $1.4 billion in a defamation judgment against Jones in 2022. A court had ruled that Jones' assets, including the media company, had to be sold to compensate the families. Lilia Luciano reports.
How did The Onion's Infowars purchase happen?
The satirical news company The Onion bought the right-wing media outlet Infowars at a bankruptcy auction. CBS News' Lilia Luciano reports on why the acquisition happened and what they plan on doing with the platform.
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Tupperware files for bankruptcy
Tupperware and some of its subsidiaries have filed for bankruptcy after huge losses. The 78-year-old company has struggled with falling demand and cheaper competition, warning last year that it was at risk of going bust without emergency funds.
Steward Health Care CEO skips Senate hearing
Steward Health Care CEO Ralph de la Torre is facing a contempt of Congress vote after failing to appear at a Senate hearing Thursday. The Senate Committee on Health, Education, Labor and Pensions accuses de la Torre of financially benefiting from the bankruptcy of his company. CBS News chief medical correspondent Dr. Jon LaPook joins to discuss the impact of Steward's bankruptcy on patients and hospitals.
Discount retailer Big Lots declares bankruptcy, citing inflation
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Red Lobster to claw its way back from bankruptcy after judge approves sale
Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F. Chang's.
Red Lobster closing nearly two dozen more restaurants. Here's where.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
LL Flooring files for bankruptcy. Here are the stores that are closing.
Here are the stores that LL Flooring will close after filing for bankruptcy. The locations are currently holding closing sales.
Judge dismisses Giuliani bankruptcy case, clearing way for creditors
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
Iran, U.S. start negotiations over Tehran's rapidly advancing nuclear program
Iranian Foreign Ministry spokesman Esmail Baghaei wrote on X that the "indirect talks" had begun.
Judge allows government to continue effort to deport Mahmoud Khalil
Mahmoud Khalil, who led protests at Columbia University against Israel, appeared in immigration court in Louisiana Friday.
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
Sandstorms, high winds prompt Beijing to cancel hundreds of flights
Homes were damaged, cars were crushed and trees fell after windy weather and sandstorms in Beijing on Saturday, prompting flight cancellations.
U.S. intelligence report favors incumbent Ecuadorian president in election
Ahead of the Ecuadorian presidential elections Sunday, CBS News has learned a U.S. intel assessment favors the incumbent president, viewing him as better for U.S. interests.
Trump administration vows release of RFK assassination files within days
The Trump administration could release files on the assassination of Robert F. Kennedy — the U.S. health secretary's father — within days, after decades of public fascination about the killing.
Boca Raton small plane crash kills 3 and injures 1, authorities say
A Cessna 310 carrying three people departed Boca Raton and was bound for Tallahassee before it crashed, the FAA said.
South Carolina executes second man by firing squad in 5 weeks
Mikal Mahdi, 42, chose to die by three bullets to the heart instead of lethal injection or the electric chair.
Temple students surprised after human remains, bone fragments discovered on campus
Students were shocked after human remains and bone fragments were discovered at a construction site on campus on Friday.
U.S.
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U.S. intelligence report favors incumbent Ecuadorian president in election
Ahead of the Ecuadorian presidential elections Sunday, CBS News has learned a U.S. intel assessment favors the incumbent president, viewing him as better for U.S. interests.
Trump authorizes military to take control of public land along souther border
President Trump justified the use of the military by saying the United States is "under attack from a variety of threats."
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
South Carolina executes second man by firing squad in 5 weeks
Mikal Mahdi, 42, chose to die by three bullets to the heart instead of lethal injection or the electric chair.
Los Angeles-area residents crowdsource wildfire contamination data
Some people whose homes survived the Eaton wildfire in January are struggling to convince their insurers to test their properties for safety.
MoneyWatch
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Los Angeles-area residents crowdsource wildfire contamination data
Some people whose homes survived the Eaton wildfire in January are struggling to convince their insurers to test their properties for safety.
U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Jamie Dimon says U.S. economy faces "considerable turbulence"
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.
Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Egg prices aren't stopping families from dyeing eggs, an Easter tradition
Some families, however, may be looking at alternatives after the average cost of a dozen eggs climbed to a record high of $6.23 in March, according to the Bureau of Labor Statistics.
Politics
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Trump administration vows release of RFK assassination files within days
The Trump administration could release files on the assassination of Robert F. Kennedy — the U.S. health secretary's father — within days, after decades of public fascination about the killing.
U.S. intelligence report favors incumbent Ecuadorian president in election
Ahead of the Ecuadorian presidential elections Sunday, CBS News has learned a U.S. intel assessment favors the incumbent president, viewing him as better for U.S. interests.
Trump authorizes military to take control of public land along souther border
President Trump justified the use of the military by saying the United States is "under attack from a variety of threats."
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
HealthWatch
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After amputation, losing more of her leg was the only way to help her walk
Dr. Omri Ayalon helped Tracey White recover her ability to walk. Then he joined her for a milestone moment.
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
Woman believed to be the only person with unnamed genetic disorder
Enriquez lives with chronic kidney disease, neurofibromatosis, which causes tumors to form, scoliosis and Raynaud's phenomenon, causing temporary spasms of blood vessels. On top of all that, she has an unnamed genetic disorder,
Former top FDA official warns RFK Jr. against giving "false hope" on autism
"You can be incredibly supportive of people, but giving them false hope is wrong," said Dr. Peter Marks.
Weekly measles cases top 90 in U.S. for first time in years
Arkansas, Hawaii and Indiana have joined a list of two dozen states with confirmed measles cases.
World
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Iran, U.S. start negotiations over Tehran's rapidly advancing nuclear program
Iranian Foreign Ministry spokesman Esmail Baghaei wrote on X that the "indirect talks" had begun.
Sandstorms, high winds prompt Beijing to cancel hundreds of flights
Homes were damaged, cars were crushed and trees fell after windy weather and sandstorms in Beijing on Saturday, prompting flight cancellations.
Penguin in cardboard box led to South Africa helicopter crash, report says
The pilot and three passengers aboard the helicopter, as well as the penguin, were uninjured, according to an incident report.
U.S. fugitive allegedly kills Mexican officer who led "Gringo Hunters" unit
Authorities said the police unit was trying to arrest a suspect in Tijuana when the man opened fire, hitting and killing 33-year-old Abigail Esparza Reyes.
Pastor abducted at gunpoint while delivering sermon
Pastor Josh Sullivan was holding a prayer meeting with about 30 people, including his wife and six children, when the gunmen entered the church, his colleague said.
Entertainment
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Entertainment
They released an album - then lost everything
Just six weeks after the band Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They opened up about that loss and their emotional return to touring life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
"Grey's Anatomy" star Eric Dane reveals he's been diagnosed with ALS
"Grey's Anatomy" and "Euphoria" star Eric Dane said he is still able to work and will return to the HBO drama.
Sony wins distribution rights to "Wheel of Fortune," "Jeopardy!"
A Los Angeles court ruled that Sony may take over distribution of "Wheel of Fortune" and "Jeopardy!" which it produces, from CBS.
Yvonne Strahovski teases what's next in final season of "The Handmaid's Tale"
Yvonne Strahovski, who plays Serena Joy Waterford, says the final season of "The Handmaid's Tale" delivers the long-awaited rebellion.
Technology
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Technology
iPhones likely to cost more amid tariffs
President Trump's tariffs on China could make Apple iPhones more expensive. China announced Friday it's raising tariffs on U.S. goods to 125% after Mr. Trump increased reciprocal tariffs on some Chinese products to 145%. Yahoo Finance senior tech reporter Yasmin Khorram reports.
Apple airlifts iPhones out of India to avoid Trump tariffs, report says
Apple's move to avoid China tariffs had been in the works for months, according to report citing Indian government officials.
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.
Meta whistleblower: Facebook worked with Chinese government to censor posts
Meta whistleblower Sarah Wynn-Williams testified Wednesday afternoon before the Senate Judiciary Subcommittee on Crime and Counterterrorism.
How AI is trained not to spread abuse
New documents obtained by Business Insider show how companies are testing artificial intelligence models to prevent the spread of extreme information about abusive topics. Effie Webb, a tech news fellow at Business Insider, joins CBS News with more.
Science
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Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Ancient jawbone found in sea linked to mysterious human ancestors
Relatively little is known about Denisovans, an extinct group of human cousins that interacted with Neanderthals and Homo sapiens.
Scientists map part of a mouse's brain that's so complex it looks like a galaxy
Thanks to a mouse watching clips from "The Matrix," scientists have created the largest functional map of a brain to date.
Ancient altar found in jungle apparently used for child sacrifices
The discovery shows the cultural interaction between the Maya of Tikal and Teotihuacan's elite between 300 and 500 A.D., archaeologists said.
Crime
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Maryland law school reflects on Freddie Gray's death, looks at what work still needs to be done
It's almost been ten years since Freddie Gray died, and an event in downtown Baltimore Friday aimed to not only remember him but also remember what needs to be done when it comes to ensuring fair policing.
Convicted killer mistakenly released from jail is caught 2 weeks later
Kathan Guzman was mistakenly released from a jail in Clayton County, Georgia, officials said. He was arrested in Florida.
Monica Sementilli found guilty of murder in plot to kill prominent LA hairdresser
The 10-man, two-woman jury began deliberations in Monica Sementilli's trial on Wednesday, and by Friday morning, the guilty verdict was announced.
Menendez brothers resentencing hearing
The Menendez brothers are awaiting a court hearing in California that could determine their chance at resentencing. This comes as the new Los Angeles county district attorney appears to signal he opposes a change in their conviction. CBS News' Carter Evans reports.
U.S. fugitive allegedly kills Mexican officer who led "Gringo Hunters" unit
Authorities said the police unit was trying to arrest a suspect in Tijuana when the man opened fire, hitting and killing 33-year-old Abigail Esparza Reyes.
Space
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Space
Gayle King prepares for Blue Origin launch
Blue Origin's latest flight will become the first mission to have an all-female crew in space in just two days. Aboard the ship will be "CBS Mornings" host Gayle King. Co-host Vlad Duthiers opened up about how King is feeling ahead of the launch.
Gayle King prepares for Blue Origin space flight
CBS Mornings host Gayle King is preparing to blast off into space Monday on board a historic all-female Blue Origin space flight. CBS News senior national correspondent Mark Strassman reports.
Space tourism is establishing a new frontier in travel
Private companies have launched nearly 120 civilians to the edge of space.
Gayle King hopes to inspire others with historic flight to space
"CBS Mornings" co-host Gayle King spoke about the opportunity to travel to space, the support she's received and the message she hopes to send to others.
Meet the Blue Origin crew Gayle King is joining on trip to space
Here's a look at the women expected to join Blue Origin's upcoming mission, which has a target launch date of Monday, April 14, and what they have to say about the epic journey.
Latest Galleries
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"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
They released an album - then lost everything
Just six weeks after the band Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They opened up about that loss and their emotional return to touring life.
The Dish: Crystal Wahpepah
Oakland-based chef Crystal Wahpepah has dedicated herself to preserving and sharing traditional Native American fare. Re-establishing forgotten food systems and reclaiming Native American food sovereignty are key goals for the James Beard finalist. Her restaurant, Wahpepah's Kitchen, is one of the first dedicated to serving Indigenous foods.
College teams with losing streaks face off
Lehman College and Yeshiva University both came to their game with long losing streaks. The matchup broke the streak for one team. Here's what happened - and how players kept the faith.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
NTSB investigating Hudson River chopper crash
The National Transportation Safety Board is investigating what caused a sightseeing helicopter to crash into the Hudson River near New York City on Thursday. All six people aboard were killed. The incident is raising alarms about the safety of such tourism flights.