Overstock CEO on the "taint" of Bed Bath & Beyond's name
"We loved the brand, hated the business model," CEO says of bankrupt company whose assets Overstock recently purchased.
"We loved the brand, hated the business model," CEO says of bankrupt company whose assets Overstock recently purchased.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
The electric vehicle company has sought bankruptcy protection amid its lawsuit against its former investor.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
Online media company known for its edgy lifestyle content and documentaries was once valued at $5.7 billion.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Bed Bath & Beyond officially filed for bankruptcy protection, the company announced Sunday. The filing said that all brick-and-mortar stores, including 120 Buy Buy Baby locations, will close by the end of June. Roxana Saberi reports.
Bed Bath & Beyond announced that it has officially filed for bankruptcy. The company plans to close all of its stores by June, with some closing as early as Wednesday.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
At any time, one in five American households bears medical debt, the cause in a majority of U.S. bankruptcies. Since 2014, the charity RIP Medical Debt has abolished more than $8.5 billion worth of medical bills for five million Americans, by buying up delinquent medical debt at pennies on the dollar, just as debt collectors do, and abolishing it. Correspondent Martha Teichner talks with the co-founder and president of RIP Medical Debt, and with a Georgia preschool teacher whose $1,500 medical debt, that had dogged her for years, was suddenly erased.
Food storage container giant Tupperware may soon be going out business, the company warned. Rick Newman, senior Columnist for Yahoo Finance, joined CBS News to discuss what's gone wrong for the brand since its surge during the pandemic and whether this will be an industry trend.
First Republic and PacWest Bankcorp saw their share prices plummet this week as the fallout from the Silicon Valley Bank collapse continues. Meanwhile, the former parent company of Silicon Valley Bank filed for bankruptcy Friday. Nancy Cordes has more.
The New York Stock Exchange closed in the red on Friday. Wall Street Journal banking reporter Ben Eisen joins CBS News to discuss the ongoing impact of the recent turmoil in the banking system.
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Akorn, which manufactured the asthma medication, shuttered three of its factories shortly after filing for bankruptcy.
The home goods retailer hopes to raise $1 billion and use the proceeds to pay down debt and the interest on loans.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Miami-Dade County owns the arena and negotiated what was to be a 19-year, $135 million naming rights deal with FTX back in 2021.
Bed Bath & Beyond is considering declaring bankruptcy. The home goods store announced plans last summer to lay off about 20% of its corporate employees and close around 150 stores.
Painter Scott Kahn has dedicated his adult life to his art even when that meant facing financial hardships like bankruptcy. But an unlikely friendship helped catapult his career to success, and his paintings can now fetch more than $1 million. Nancy Chen has more.
The Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
They may have famous names and big careers, but these celebs also ran into financial trouble.
Binance, one of the world's largest cryptocurrency exchanges, is facing questions about its business model and the stability of crypto markets. Binance chief strategy officer Patrick Hillmann joins CBS News to discuss the impact FTX's collapse is having on the market.
Ohio Sen. JD Vance formally accepted the vice-presidential nomination at the third night of the Republican National Convention.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Vice President Kamala Harris said Vance "participated in blocking protections for IVF" and has indicated he backs a national abortion ban.
CBS News is fact checking statements made by GOP speakers on the third night of the 2024 RNC. Vice presidential nominee JD Vance is slated to address the RNC.
A tree, located between the Trump rally shooter and the sniper team closest to him, may have impaired the team's line of sight, according to a CBS News analysis.
Airline officials say they are aware of a series of incidents where cans have ruptured, resulting in an onboard mess and reports of about 20 injuries to employees so far this summer.
Kai Trump, Donald Trump Jr.'s daughter, and Donald Trump's eldest grandchild, spoke Wednesday night at the Republican National Convention.
Millions of Americans absorbed a dizzying political news cycle this past weekend, a series of extraordinary headlines for an already divided electorate.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
Usha Vance introduced husband JD Vance at the RNC, telling the delegates that when she met him at Yale Law School, his "idea of a good time was playing with puppies and watching the movie 'Babe.'"
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Vice President Kamala Harris said Vance "participated in blocking protections for IVF" and has indicated he backs a national abortion ban.
Ohio Sen. JD Vance delivered a speech on the third night of the Republican National Convention and accepted the party's nomination for vice president.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The popular cooler bags are back in stock at Trader Joe's stores today. Some locations are setting purchasing limits.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
Baby formula maker Reckitt said tornado damage to an Indiana warehouse could affect supplies of its nutrition products.
The dinosaur fossil of a Stegosaurus nicknamed Apex fetched 10 times its estimate at a Sotheby's auction on Wednesday.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The Biden campaign sees no substantial change in the president's prospects of securing the Democratic nomination and eventually resuscitating his campaign after another day of rough headlines, sources say.
Usha Vance introduced husband JD Vance at the RNC, telling the delegates that when she met him at Yale Law School, his "idea of a good time was playing with puppies and watching the movie 'Babe.'"
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Sen. JD Vance formally accepted the vice-presidential nomination at the third night of the Republican National Convention.
Public safety and health care organizations are using drones to speed up lifesaving treatment during medical emergencies in which every second counts.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
Nearly 7,000 pounds of hot dogs were produced and distributed without being inspected, federal government says.
At least 36 have been hospitalized after eating the mushroom "edibles."
A workout that mindlessly tones your arms while getting some cardio in? If it sounds too good to be true, that's because it may be. Here's what experts say.
Wall Street Journal reporter Evan Gershkovich appeared in court in Russia for the second hearing in his trial on espionage charges that he, his employer and the U.S. government vehemently deny.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
The remains of a medieval palace that may have housed the early peoples between the 9th and 13 centuries was uncovered in Rome.
Jack Black said he has put all future creative plans on hold after Tenacious D bandmate Kyle Gass made a controversial comment about the Trump rally shooting.
Residents of a Toronto suburb tell CBS News they're worried a U.S. company may be emitting a cancer-causing gas in their community.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
The armorer on Alec Baldwin movie "Rust" filed to have her involuntary manslaughter conviction overturned, days after Baldwin's trial over a fatal on-set shooting collapsed due to withheld evidence.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Season 26 of the CBS reality TV show "Big Brother" premieres on Wednesday. Sixteen new house guests will compete and strategize to evict one of their own each week to try and be the last person standing. The prize is $750,000. "Entertainment Tonight" host Nischelle Turner visited the house and even entered a one-day competition.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
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.
Apple users can now download an early version of a new iPhone operating system that will be officially released this fall.
AT&T on Friday disclosed that hackers had accessed records of calls and texts of "nearly all" its cellular customers for a six-month period between May 1, 2022, and Oct. 31, 2022. Jo Ling Kent reports.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
The 2024 Atlantic hurricane season got off to a deadly start as Hurricane Beryl tore across the Caribbean, Mexico and eventually the U.S.
For years, Tennessee has required anyone convicted of prostitution while HIV-positive to register as a sex offender for life. To settle DOJ and ACLU discrimination suits, the state has agreed to reverse course.
The six people who were found dead this week in a Thailand hotel room are believed to have been poisoned, officials say. Investigators say they found cyanide in the cups of the victims, who have been identified as two Vietnamese-Americans and four Vietnamese nationals. CBS News correspondent Ian Lee has more.
Nearly 17 pounds total of fentanyl, heroin and cocaine were found in the car. More than 1,610 pounds of illegal drugs were seized in the region last week, according to Customs and Border Protection.
A young gas station operator in Wisconsin was stabbed to death on June 12. Authorities have never named a suspect in the murder until now.
President Santiago Peña said the record discovery, code-named "Operation Sweetness," added to a string of "very sad episodes" in Paraguay.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
In his 2024 Republican National Convention speech on Wednesday, Ohio Sen. JD Vance reflected on his difficult upbringing in a small Ohio town, enlisting in the U.S. Marine Corps. after high school, and marking his mother's 10 years of sobriety. He also spoke about inflation, American jobs and more. Watch his full remarks.
Former President Donald Trump's 17-year-old granddaughter Kai, the daughter of Donald Trump Jr. and his ex-wife Vanessa Trump, spoke Wednesday night at the Republican National Convention. "The media makes my grandpa seem like a different person," she said.
Donald Trump Jr. mourned the Trump rally shooting victim, Corey Comperatore, during his 2024 Republican National Convention speech and reflected on the attempted assassination of his father. He has "the heart of a lion," Trump Jr. said. Watch his full remarks.
Arkansas Gov. Sarah Huckabee Sanders spoke on the second night of the 2024 Republican National Convention, recalling memories from her time as White House press secretary during the Trump administration. Sanders sat down with "CBS Evening News" anchor and managing editor Norah O'Donnell on the third night of the RNC to reflect on her speech.
There is growing pressure on President Biden to withdraw from the 2024 race, with warnings coming from top Democrats. "CBS Evening News" anchor and managing editor Norah O'Donnell leads special coverage from the Republican National Convention in Milwaukee.