BP suspends all oil shipments through the Red Sea as attacks escalate
Oil prices jumped on Monday after the energy giant said it would pause transits through the Red Sea amid a surge in attacks along the key maritime route.
BP
4 oil companies had total sales of $1 trillion last year
Record profits and a growing climate crisis have renewed calls for a tax on fossil-fuel companies.
BP profits soar as pressure grows for higher "windfall profits" tax
Surging earnings at British oil company are fueling calls for UK to expand tax on fossil-fuel company profits.
2 employees killed in blaze at BP refinery in Ohio
Both people were fatally injured in a large fire that broke out Tuesday evening. There was no word on what may have caused the blaze.
Hundreds of dead dolphins on Gulf Coast leave scientists perplexed
Almost 300 dead and dying dolphins have washed up on the shores of four Gulf Coast states – three times the usual number
After Paris climate agreement, oil companies pour $110B into fossil fuels
Between 2015 and 2019, fossil fuel investment by major energy companies dwarfed their spending on low-carbon alternatives
2010: The Deepwater Horizon disaster
In 2010, while oil spewed into the Gulf of Mexico, Scott Pelley investigated the Deepwater Horizon oil rig explosion that killed 11. One survivor, Mike Williams, told the story of his harrowing escape from the burning rig.
Judge rules Big Oil can't be sued for climate change costs
In his decision he says the environmental problem is too big for a "judge or jury in a public nuisance case"
Judge hearing climate change suits turns courtroom into classroom
Legal observers say they've never previously heard of a court holding a tutorial on climate change
BP cuts CEO's pay package after shareholder backlash
Even after a pay cut of $8 million, the executive's compensation remains higher than rival CEOs
Here's who benefits from Keystone, Dakota pipelines
Donald Trump's signoff on two controversial oil projects that had been put on hold creates many winners and losers
BP's loss narrows as the 2010 Gulf spill hit fades
It took another $5.2 billion charge for the Deepwater Horizon disaster but says its years of retrenchment are over
Explosion rocks BP gas plant near Gulf of Mexico
Sends flames high in air; vibrations felt ten miles away
Why oil majors still pay lush dividends as profits plunge
The four biggest energy companies are adamant about keeping payouts high -- and even seek to push them higher
BP oil spill settlement reached; push for higher national minimum wages; and the Atlanta Braves' Burgerizza: #CBSNBusiness headlines
The $20 billion settlement over the BP oil spill has been approved; the governors of New York and California push for a $15 per hour national minimum wage; and Atlanta's Turner Field has unveiled a fusion of burger and pizza with the Burgerizza
How long will oil prices scrape bottom?
Oil companies are laying off thousands as they struggle to adapt to the lowest crude prices in years
Hit by falling oil prices, BP to cut 3,000 jobs
British energy giant sees earnings plunge amid depressed crude prices, legal costs from Deepwater Horizon spill
BP cites oil prices in laying off 4,000 workers
It's cutting jobs in its exploration and production operations worldwide to ensure it "remains competitive"
Timing of BP's spill claims fraud notices questioned
Was oil giant trying to scare people into dropping their claims?
Alabama renovates abandoned governor's mansion with BP money
BP grant money left over from the 2010 Gulf oil spill is being used to repair and renovate a beachfront governor's mansion
Scoundrels who ripped off the needy
When tragedies strike, many people rush to the rescue; others seize the opportunity to take advantage of the needy
Dolphin reproduction hurt by BP oil spill
Dolphins in Louisiana's Barataria Bay, polluted by BP's 2010 oil spill, are having trouble giving birth
Feds charge 7 with $2B fraud tied to oil spill
Prosecutors allege that defendants stole people's identities to file bogus claims related to 2010 oil disaster
Feinberg's Tough Job
Kenneth Feinberg is tasked with administering BP's $20 billion compensation fund. The reception he gets from locals is mixed. Sunday, Oct. 3, 7 p.m. ET/PT.
BP and LinkedIn reach settlements, Trump Hotel chain is hacked and McDonald rolls out all-day breakfast
BP and LinkedIn reach settlements, Trump Hotel chain is hacked and McDonald rolls out all-day breakfast. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Government funding bill clears Congress, averting a shutdown
The stopgap measure to fund the government and provide tens of billions in disaster relief passed the Senate and now goes to President Biden for his signature.
Death toll in attack at German Christmas market rises to 5; 200 injured
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people and injuring at least 200.
Senate approves bill to expand Social Security to millions of Americans
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Biden's top hostage envoy travels to Syria to ask for help in finding Austin Tice
Hostage envoy Roger Carstens traveled to Syria Friday, making the first known U.S. in-person contact with the caretaker government, and seeking help in finding missing American Austin Tice.
Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Here's a fact check on Trump's recent comments about the history of U.S. tariffs
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
What to know about the winter solstice, 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
10 dead after stampede at a Christmas charity event in Nigeria
The stampede occurred in the early morning at a church in Nigeria, prompting evacuations at the church.
8 convicted of terrorism charges in teacher's 2020 beheading in France
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
U.S.
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Senate approves bill to expand Social Security to millions of Americans
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
What to know about the winter solstice, 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
MoneyWatch
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Senate approves bill to expand Social Security to millions of Americans
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
What would a government shutdown mean for flights and air travel?
Here's what the anticipated record number of holiday travelers should know about how a government shutdown could affect trips.
Politics
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Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Here's a fact check on Trump's recent comments about the history of U.S. tariffs
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Mayorkas warns of "serious" consequences for Homeland Security if government shuts down
The warning came before the House passed a last-minute stopgap funding bill with bipartisan support Friday night, sending it to the Senate.
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
HealthWatch
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Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Stuffing stockings with skincare? Here's what kids should and shouldn't be using
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
He went in for a colonoscopy. The hospital charged $19,000 for two.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Frito-Lay recalls some Lay's chips over "life-threatening" allergy risk
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
"Sleepmaxxing" trend has young adults optimizing their sleep
Sleep optimization, or "sleepmaxxing," is a popular trend among a younger demographic, but experts share a few words of caution.
World
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10 dead after stampede at a Christmas charity event in Nigeria
The stampede occurred in the early morning at a church in Nigeria, prompting evacuations at the church.
8 convicted of terrorism charges in teacher's 2020 beheading in France
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
Death toll in attack at German Christmas market rises to 5; 200 injured
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people and injuring at least 200.
Hip-hop star reportedly shot dead in parking garage in Sweden
In a video, seemingly filmed with a camera worn by the shooter, a person carrying a handgun can be seen firing multiple shots in a parking garage.
7 killed in prison riot as officers try to transfer 2 dangerous inmates
One of the inmates with a gun held out for about three hours, protected by 20 fellow prisoners, officials said.
Entertainment
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Young dancers take on lead roles in Christmas classic "The Nutcracker"
The New York City Ballet has been performing "The Nutcracker" for decades. Each year, young dancers make their mark on the ballet.
The man behind method acting
50 years ago, "The Godfather Part II" was playing in theaters nationwide. The film catapulted Lee Strasberg, whose namesake form of acting preparation was used by some of the film's leads, to stardom. Dozens of the entertainment industry's biggest stars have trained at his institute, learning the techniques of method acting. Michelle Miller went behind the scenes to learn more about "The Method Man."
The young dancers behind a holiday classic
The New York City Ballet's production of "The Nutcracker" began in 1954 and has remained one of the most enduring shows at Lincoln Center. Two young dancers taking the stage this year opened up about living their dream and keeping a holiday classic alive.
The untold WWII story of "Six Triple Eight"
Tyler Perry and Kerry Washington team up on the film "Six Triple Eight," spotlighting the only all-Black women's battalion in Europe during WWII. Washington stars as Charity Adams, the highest-ranking Black female officer.
Alicia Keys surprises students at her former high school
The 16-time Grammy winner returned to the Professional Performing Arts School in New York, where she first began her career, and shares advice with current students.
Technology
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Technology
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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.
Supreme Court to decide on future of TikTok
The Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA: Lithium battery fires on flights now occur nearly twice a week
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Science
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What to know about the winter solstice, 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
Class-action lawsuit over plastic recycling
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Americans coexisted with 4-ton sloths for millennia, research shows
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
EPA tackling pollution in at-risk communities
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
Crime
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Crime
CEO killing sparks concerns about extremism
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
Dozens injured in Germany Christmas market attack
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
German Christmas market attack update
At least two people were killed and over 60 were injured after a car crashed into a Christmas market in eastern Germany. Authorities arrested a suspect, saying they believe he acted alone in the deliberate act. CBS News national security contributor Sam Vinograd has more details.
Toddler killed in German market attack, police say
At least two people, including a toddler, were killed, and at least 60 more hurt, after a car crashed into a Christmas market in Magdeburg, Germany, in what authorities said appeared to be a deliberate attack. German police said a Saudi man has been arrested, but a motive has not yet been determined. CBS News reporter Anna Noryskiewicz has more.
Details on suspect in crash at German market
More than 60 people were injured and at least two killed Friday after a driver rammed into a crowded Christmas market in Magdeburg, Germany. The driver is in custody and local government officials say they suspect the crash was deliberate. CBS News reporter Haley Ott has the latest details.
Space
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Discovery of "tipped over" black hole surprises NASA scientists
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Why are the Boeing Starliner astronauts stuck in space?
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA delayes return date for astronauts
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
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.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
The man behind method acting
50 years ago, "The Godfather Part II" was playing in theaters nationwide. The film catapulted Lee Strasberg, whose namesake form of acting preparation was used by some of the film's leads, to stardom. Dozens of the entertainment industry's biggest stars have trained at his institute, learning the techniques of method acting. Michelle Miller went behind the scenes to learn more about "The Method Man."
The fight to protect a reindeer species
Reindeer — known as caribou in the U.S. — are a staple of the holiday season, but one species of the animal isn't having a merry December. There aren't enough females for a new generation, and a fire almost wiped out a breeding facility in Canada. Here's what's being done to help the species recover, and how that can help maintain a healthy ecosystem.
The young dancers behind a holiday classic
The New York City Ballet's production of "The Nutcracker" began in 1954 and has remained one of the most enduring shows at Lincoln Center. Two young dancers taking the stage this year opened up about living their dream and keeping a holiday classic alive.
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.
Immigrants react to mass deportation threats
President-elect Donald Trump made the promise of mass deportations a pillar of his re-election bid. He's pledged to deport millions of immigrants — including some who are living in the United States legally. In Springfield, Ohio, the city whose Haitian immigrant community became the epicenter of hateful rhetoric and misinformation during the campaign, many fear what this could mean for them.