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.
Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Trump to delay enforcement of TikTok ban with another executive order
A deal to sell the widely popular platform remains a work in progress.
White House accidentally tells Ukrainian refugees they must leave U.S. immediately
Some Ukrainians received emails this week telling them that the U.S. Department of Homeland Security would be terminating their legal protections
Medicare, Medicaid will not cover weight loss drugs, White House decides
The Biden administration had proposed to expand coverage of the drugs.
DACA recipient and father of 3 deported to Mexico despite valid documentation
The 39-year-old was deported last month after he left the U.S. and traveled to Mexico to visit his grandfather's grave.
Cybersecurity agency to see significant cuts, sources say
The Cybersecurity and Infrastructure Security Agency is charged with protecting election security infrastructure.
Senate on track to adopt GOP budget plan after marathon vote series
Votes are expected to last through the night before a final vote on the budget resolution.
Judge orders return of Maryland man mistakenly deported to El Salvador
A federal judge ruled Friday that a Maryland father who was mistakenly deported to a prison in El Salvador must be returned to the U.S. by Monday, April 7.
Supreme Court will allow withholding of education grants for now
The Supreme Court divided 5-4 in granting a DOJ request to pause a lower court order requiring the Education Department to reinstate grants to universities and nonprofits.
U.S.
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Ovechkin ties Gretzky's NHL career goals record with No. 894
Alex Ovechkin, the 39-year-old Russian superstar, is now one away from breaking Wayne Gretzky's mark with six games left to play this season.
Boy astounds classmates with his ability to do 50 different bird calls
Eleven-year-old Samuel Henderson of Choctaw, Oklahoma, is a born entertainer with a unique talent: he can perfectly imitate about 50 birds.
DACA recipient and father of 3 deported to Mexico despite valid documentation
The 39-year-old was deported last month after he left the U.S. and traveled to Mexico to visit his grandfather's grave.
As Ovechkin ties Gretzky's goals mark, a look at some of sports' hallowed records
Washington Capitals star Alex Ovechkin has tied Wayne Gretzky's career NHL regular-season record of 894 goals, one that has stood for more than a quarter-century.
White House accidentally tells Ukrainian refugees they must leave U.S. immediately
Some Ukrainians received emails this week telling them that the U.S. Department of Homeland Security would be terminating their legal protections
MoneyWatch
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Wholesale egg prices are falling. Will consumers see some relief?
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
Trump to delay enforcement of TikTok ban with another executive order
A deal to sell the widely popular platform remains a work in progress.
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Politics
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DACA recipient and father of 3 deported to Mexico despite valid documentation
The 39-year-old was deported last month after he left the U.S. and traveled to Mexico to visit his grandfather's grave.
White House accidentally tells Ukrainian refugees they must leave U.S. immediately
Some Ukrainians received emails this week telling them that the U.S. Department of Homeland Security would be terminating their legal protections
Senate on track to adopt GOP budget plan after marathon vote series
Votes are expected to last through the night before a final vote on the budget resolution.
Medicare and Medicaid will not cover weight loss drugs, Trump administration decides
The Biden administration had proposed to expand coverage of the drugs.
DOGE teams cut critical funding from America's libraries, officials say
State officials say they will lose funds for summer reading programs, book-mobiles, rural internet and more.
HealthWatch
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Threat of future tariffs on pharmaceutical imports raises alarm
In a last-minute move Wednesday, the Trump administration excluded pharmaceuticals from its retaliatory tariffs, giving consumers a break for now.
Medicare and Medicaid will not cover weight loss drugs, Trump administration decides
The Biden administration had proposed to expand coverage of the drugs.
RFK Jr. to lay off more NIH employees, officials say
The additional layoffs at the National Institutes of Health come less than a week after the initial wave of cuts in Secretary Robert F. Kennedy Jr.'s restructuring.
RFK Jr.: 20% of HHS layoffs may be errors
Department of Health and Human Services Secretary Robert F. Kennedy Jr. said Thursday that he expects about 20% of fired employees may have been cut by mistake, and some could be brought back, following widespread layoffs directed by the Department of Government Efficiency.
FDA bird flu testing efforts disrupted by RFK Jr.'s layoffs, officials say
Multiple FDA labs were cut amid Health and Human Services Secretary Robert F. Kennedy Jr.'s layoffs this week.
World
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U.K. anti-abortion activist convicted of breaching ban on clinic protests
A British anti-abortion rights activist whose case caught the Trump administration's attention has been fined for breaching a "buffer zone" law.
Disgraced former Cardinal Theodore McCarrick has died at 94
Once-powerful Cardinal Theodore McCarrick was defrocked by Pope Francis in 2019 after an investigation into sexual abuse.
NATO chief's impression from U.S. is Russians "not moving fast enough" to end war
NATO Secretary General Mark Rutte told CBS News' Margaret Brennan that "Russia really has to do more to bring this war to an end."
Rat breaks world record for sniffing out wartime landmines
A mine-sniffing African giant pouched rat named Ronin has been acknowledged by the Guinness World Records.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Entertainment
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How to watch March Madness championship games for the 2025 NCAA tournament
Want to catch the 2025 NCAA March Madness championship games? Here's how and where to watch them live.
How to watch tonight's Final 4 games for March Madness 2025 NCAA Tournament
Looking for the 2025 NCAA March Madness Final Four schedule? Here's how to stream the men's and women's games.
Book excerpt: "Change the Recipe" by José Andrés
In his new memoir, the chef and founder of the humanitarian aid organization World Central Kitchen offers life lessons and teachable moments about responsibility and commitment to a shared humanity.
Fred Hechinger on "Hell of a Summer"
Fresh off his role in "Gladiator 2," Fred Hechinger stars in a horror-comedy set at summer camp. He joins "CBS Mornings" to talk about his new film and the wild twists it takes.
Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Technology
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Technology
China pulls TikTok deal over tariffs
TikTok faced a Saturday deadline to find a U.S. buyer or face a potential ban. President Trump announced an extension on Friday. A deal was at the finish line but China pulled back due to Trump's tariff announcement. CBS News White House reporter Willie James Inman has the details.
Nintendo unveils new Switch 2 console
Nintendo has unveiled its next console, the Switch 2. Washington Post reporter Gene Park joins "The Daily Report" to discuss the new user experience, the price and possible security concerns.
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.
Amazon tells White House it's interested in buying TikTok
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
What to know about RedNote
CBS News Confirmed looks at why users are flocking to RedNote, the new Chinese app raising red flags over data privacy and propaganda, as TikTok faces a potential U.S. ban.
Science
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Monkeys are "best yodellers" in the world, study says
Primates possess special anatomical structures in their throats called vocal membranes, allowing for yodeling at higher octaves, researchers found.
Space tourists complete first-ever flight around Earth's poles
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
Peggy Whitson on her space legacy and commanding a new mission for Axiom
From breaking records to breaking barriers, astronaut Peggy Whitson shares what it feels like to see Earth from space.
Archaeologists discover mass grave from Roman Empire-era battle
Experts at the Vienna Museum provided a public presentation of the mass grave this week, which had the bodies of more than 100 people.
Astronauts on unexpected 9-month space mission
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Crime
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Drug-sniffing dogs help find record haul of cocaine hidden on ship
The Korea Coast Guard said they had found two tons of what they suspect to be pure cocaine on a Norwegian-flagged ship.
Brand charged with rape, sexual assault
Comedian and actor Russell Brand has been charged in the U.K. with several counts related to rape and sexual assault allegations, London's Metropolitan Police announced. This comes after claims by four women emerged in 2023. CBS News' Holly Williams reports.
Russell Brand charged with multiple counts of rape, sexual assault
British actor and comedian Russell Brand has been charged with multiple counts of rape and sexual assault, London police said.
Catholic priest shot dead at his parish rectory in Kansas
Arul Carasala was shot and killed by a man who approached him at his parish rectory in Seneca, Kansas, church officials said.
Stabbing deaths of 2 women college students spark outrage in Italy
The brutal killings of two students within days of each other have unleashed a wave of anger and calls for a "cultural revolution" against violence towards women.
Space
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Space
SpaceX Fram2 crew back on Earth
A wealthy bitcoin entrepreneur and three other adventurers returned to Earth aboard a SpaceX Crew Dragon capsule after 55 passes above the North and South Poles. CBS News' Bill Harwood has more.
Space tourists complete first-ever flight around Earth's poles
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
NASA rover captures giant dust devil devouring smaller one on Mars
The dust devil was about 210 feet wide, NASA said, but likely didn't last long after consuming the smaller whirlwind.
Peggy Whitson on Astronaut Hall of Fame
Former NASA astronaut Peggy Whitson, who has completed 10 spacewalks and spent 675 days in orbit, joins "CBS Mornings" to reflect on her historic career and upcoming induction into the Hall of Fame.
Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Latest Galleries
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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.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
What's behind increased volcanic activity?
In the last week, there have been volcano eruption warnings from Iceland, to Japan and Hawaii. But are they connected? Ben Edwards, a professor of geosciences at Dickinson University, joins to discuss.
Reporter's Notebook: MLK Jr.'s last speech
Martin Luther King Jr.'s last speech eerily foreshadowed his death, but a passage about stepping up to help others is often missed. "CBS Evening News" co-anchor John Dickerson explains.
Medications from overseas may get more expensive
So far, foreign-made medicines have been spared from President Trump's trade war. But the president has vowed they could be his next target with an import tax as high as 25%. Andres Gutierrez reports.
Soybean farmer condemns Trump tariffs
China has responded to President Trump's import taxes with a 34% retaliatory tariff on all U.S. goods entering China. One industry that could be hit hard is farming, where exports account for roughly 20% of U.S. agriculture production. John Boyd, farm owner and president of the National Black Farmers Association, joins to discuss the impact.
NCAA Men's Final Four preview
The madness has spilled into April as the NCAA Men's and Women's Final Four gets underway. CBS Sports college basketball writer Kyle Boone previews the games.