Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
CVS
"Pharmacy deserts" on the rise amid U.S. drugstore closures
Across the U.S., at least 7,000 pharmacies have closed since 2019. Of those, roughly half were independent drugstores.
Walmart to deliver prescriptions nationwide in as little as 30 minutes
Walmart is launching a new service to deliver prescription drugs in 49 U.S. states by the end of January.
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.
CVS lays off 2,900 workers in cost-cutting move. Here's what to know.
CVS said it is cutting 2,900 workers, or about 1% of its workforce, as part of an effort to reduce costs by $2 billion.
Drug middlemen illegally drive up the cost of insulin, FTC says
Regulators say the nation's largest pharmacy benefit managers are partly to blame for the soaring cost of insulin in the U.S.
Major drugstores testing smaller locations
Big-name pharmacy chains like CVS and Walgreens are testing out smaller locations with full-size pharmacies inside as they bet on customers needing more for health care than other basic or convenience items. Fiona Rutherford, health care reporter for Bloomberg, has more.
Store closures are surging in 2024. Here are the worst-hit retailers.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Norah O'Donnell interviews CVS CEO Karen Lynch
In this episode of "Person to Person with Norah O'Donnell," O'Donnell speaks with CVS Health CEO and author Karen Lynch about her life and career.
CVS CEO on decision to carry the abortion pill, cybersecurity threats
Karen Lynch, CEO of CVS Health, discussed her company's decision to carry the abortion pill mifepristone, and cybersecurity threats in the wake of the UnitedHealth hack.
CVS CEO on the state of health care in the U.S.
Karen Lynch, CEO of pharmacy giant CVS Health, spoke this week about the decision to carry the abortion pill for the first time in an interview with Norah O'Donnell, anchor and managing editor of "CBS Evening News."
Expanding abortion pill access at pharmacies
Following a pivotal FDA rule change, CVS and Walgreens will start offering the abortion pill, mifepristone, to individuals with prescriptions in states where abortion is legal. Dr. Celine Gounder, CBS News medical contributor and editor at large for public health at KFF, has more on what you need to know.
Abortion pill at CVS, Walgreens: What to know
CVS and Walgreens say they will begin selling the abortion pill mifepristone in March. Lee Hasselbacher, research assistant professor at the University of Chicago, joins CBS News to discuss the move.
Walgreens, CVS to begin selling abortion pill
Reproductive rights advocates Friday hailed a historic decision by Walgreens and CVS to begin dispensing the abortion pill mifepristone as soon as this month. The two pharmacy chains said the prescription pill will available in states where it's legal. Nikki Battiste has more.
CVS, Walgreens to sell abortion pills soon
The two largest pharmacy chains in the U.S., CVS and Walgreens, will start selling the abortion pill mifepristone as soon as this month, the companies said Friday. Both companies were certified to dispense the pills following regulatory changes by the FDA. CBS News senior White House correspondent Weijia Jiang reports.
CVS and Walgreens to start selling abortion pills this month
In January, the FDA changed regulations to allow retail pharmacies to sell the drug mifepristone.
Eye ointments sold nationwide recalled due to infection risk
Multiple brands sold by Walmart and CVS recalled as FDA cites unsterile conditions at Indian manufacturing plant.
CVS closing dozens of Target pharmacies
CVS is still working on closing hundreds of stores, including some pharmacies inside Target stores, blaming the changes on waning foot traffic, rising competition and workforce shortages, according to Bailey Schulz, a consumer news reporter for USA Today, who joined CBS News with her look at CVS' plan.
CVS closing dozens of pharmacies inside Target stores
The nation's largest drugstore chain says closures to start next month and end in early April.
Retailers closed 4,600 stores this year. Here are the hardest hit.
Bed Bath & Beyond stores disappeared in 2023, with store closures up 80% across the U.S. Still, more stores opened than closed.
Here are the stores and restaurants open on Christmas Day
Need a last minute ingredient or gift on Christmas Day? Here's what restaurants, grocery stores and fast-food chains will be open.
CVS to overhaul drug pricing system
CVS announced a new policy to make prescription drug prices more predictable. Tina Reed, senior health care reporter at Axios, joins CBS News to discuss what the move means for consumers.
Walgreens, CVS pharmacy staff walk off job
Some staff members at major U.S. pharmacy chains like Walgreens and CVS walked off the job this week over working conditions. The three-day walkouts that began Monday follow similar walkouts last month in Arizona, Washington, Oregon and Massachusetts. Shane Jerominski, a licensed independent pharmacist, joined CBS News to discuss the situation.
Fallout from major pharmacy chain closures
Rite Aid has filed for Chapter 11 bankruptcy protection and plans to shutter more than 150 U.S. stores while CVS and Walgreens also plan to shutter more than 1,500 pharmacies across the country. Public health experts warn these drugstores are closing in mostly low-income neighborhoods. Dr. Bayo Curry-Winchell, a family medicine and urgent care doctor, joined CBS News to discuss the issue.
CVS pulling some of the most popular cold medicines from store shelves
CVS won't sell decongestants that contain phenylephrine as the only active ingredient after an FDA panel called the ingredient ineffective.
Federal Reserve cuts interest rates by 0.25 percentage points
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points. Here's what to know.
House Ethics Committee quietly voted to release Matt Gaetz ethics report
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
What's in the continuing resolution to avert a government shutdown?
The 1,500 page measure would do much more than prevent a government shutdown.
Supreme Court agrees to hear challenge to TikTok ban
The Supreme Court on Wednesday said it will take up a challenge to a new law that could lead to a ban on TikTok in the U.S.
Paris Hilton's bill to protect minors at residential treatment facilities heads to president's desk
The 43-year-old heiress and actor has testified about her own experience as a teenager at treatment facilities.
What we know about the Madison, Wisconsin, school shooting
A student opened fire at Abundant Life Christian School in Madison, Wisconsin on Monday, authorities said in a shooting that left two people and the suspected shooter dead and others injured.
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.
CDC confirms first severe bird flu case in the U.S.
A person in Louisiana has the first severe illness caused by bird flu in the U.S., the Centers for Disease Control and Prevention announced Wednesday.
Senate passes $895 billion defense bill with gender-affirming care restriction
The Senate approved the mammoth National Defense Authorization Act despite concern from some Democrats over a controversial gender-affirming care policy.
U.S.
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U.S. begins to retaliate against China over hack of telecom networks
The Commerce Department's action is a direct response to China's infiltration of telecom networks earlier this year.
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.
Migrants with temporary legal status ask Biden for help before Trump takes office
Migrants in the U.S. under what's known as Temporary Protection Status are worried that Trump will revoke the program upon taking office.
As climate change threatens Christmas trees, growers try to evolve
The effects of climate change have put stress on Christmas tree production in the United States. Some farmers are turning to genetics to adapt.
Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
MoneyWatch
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Fed lowers rates by 0.25 percentage point, but expects fewer cuts
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
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.
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.
Coal use hitting record in 2024, which is likely hottest year yet, report says
World coal use is set to reach an all-time high in 2024, the International Energy Agency says, in a year all but certain to be the hottest in recorded history.
Social Security Fairness Act could restore benefits, but policies still cause hardship
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
Politics
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Paris Hilton's bill to protect minors at residential treatment facilities heads to president's desk
The 43-year-old heiress and actor has testified about her own experience as a teenager at treatment facilities.
U.S. begins to retaliate against China over hack of telecom networks
The Commerce Department's action is a direct response to China's infiltration of telecom networks earlier this year.
Migrants with temporary legal status ask Biden for help before Trump takes office
Migrants in the U.S. under what's known as Temporary Protection Status are worried that Trump will revoke the program upon taking office.
Senate passes $895 billion defense bill with gender-affirming care restriction
The Senate approved the mammoth National Defense Authorization Act despite concern from some Democrats over a controversial gender-affirming care policy.
Supreme Court takes up South Carolina's effort to defund Planned Parenthood
The Supreme Court on Wednesday agreed to consider whether South Carolina health department's can cut off funding from Planned Parenthood because it performs abortions.
HealthWatch
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What are seed oils and do they pose health risks? Here's what to know
Seed oils are making headlines, prompting fears around whether they can have negative effects on your health. Here's what to know.
CDC confirms first severe bird flu case in the U.S.
A person in Louisiana has the first severe illness caused by bird flu in the U.S., the Centers for Disease Control and Prevention announced Wednesday.
Congo says mysterious disease killing dozens of kids finally identified
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
2 sisters, 7 years apart in age, also receive heart transplants 7 years apart
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
Trump could target Affordable Care Act, Medicaid for cuts, experts say
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
World
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Prominent pro-Putin ballet star Sergei Polunin says he's leaving Russia
Ukrainian-born ballet phenom Sergei Polunin was rewarded for backing Putin's attacks on his native country, but he appears to have fallen from Moscow's graces.
China continuing nuclear buildup, strengthening ties to Russia, Pentagon says
A new Pentagon report says China is continuing to expand its nuclear force and has strengthened its ties with Russia over the past year.
Ancient inscription may rewrite Christianity's history, researchers say
The "Frankfurt Silver Inscription" shows the earliest evidence of Christianity north of the Alps.
U.K. court clears seizure of millions in unpaid taxes from Andrew Tate
A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.
Explosion kills 2 soldiers in suspected booby trap by drug cartel
Before the blast, the soldiers had discovered the dismembered bodies of three people, officials said.
Entertainment
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The Grateful Dead, Kennedy Center honorees, reflect on the band's legacy
Surviving members of the Grateful Dead, Bobby Weir, Bill Kreutzmann, and Mickey Hart, revisit the Great American Music Hall in San Francisco.
Ben Schwartz, James Marsden on new "Sonic"
Ben Schwartz and James Marsden join "CBS Mornings" to discuss their roles in the highly anticipated sequel "Sonic the Hedgehog 3," distributed by Paramount Pictures.
Kennedy Center honors Grateful Dead
Dave Matthews, Leon Bridges and Derek Trucks led a star-studded tribute to the Grateful Dead at this year's Kennedy Center Honors. Anthony Mason spoke with the band's three surviving core members about their journey to becoming one of the most influential bands in American history.
Megan Thee Stallion asks for restraining order against Tory Lanez
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
How Nikki Glaser is preparing for Golden Globes hosting gig
Comedian Nikki Glaser, known for her honest style, is gearing up to host the 82nd Annual Golden Globes.
Technology
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Technology
What's next for AI in 2025?
After a landmark year for AI advancements like chatbots and image generation, questions loom about the future. Generative AI expert Sam Gregory shares what's ahead.
Lithium battery fires on U.S. flights rise
FAA data shows lithium battery fires are up 388% on U.S. flights since 2015, happening nearly twice per week on average. The lithium batteries inside your tablet, laptop and phones can be flammable when they're damaged or they overheat. Passengers should never put a lithium battery in a checked bag, but it's also advised to keep an eye on your devices during your flight.
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.
Free ChatGPT search engine tool from OpenAI
OpenAI is rolling out its ChatGPT search engine for free to everyone with an OpenAI account after first making the service available for paying subscribers back in October. Will Knight, senior writer with Wired, joined CBS News to discuss the tool.
2024 space exploration and advancements
2024 has been a big year for space exploration, with the shift towards privately financed missions fueling major innovations. CBS News space analyst Bill Harwood discusses the latest on the Boeing Starliner astronauts who have been stuck at the International Space Station for months, the Odysseus moon lander, Space X and NASA.
Science
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Coal use hitting record in 2024, which is likely hottest year yet, report says
World coal use is set to reach an all-time high in 2024, the International Energy Agency says, in a year all but certain to be the hottest in recorded history.
How climate change impacted 2024
From record-breaking temperatures to devastating disasters, 2024 brought the world closer to the reality of what climate change looks and feels like. CBS News national environmental correspondent David Schechter reports.
Bronze-Age Britons were cannibalized after massacre, research shows
Researchers determined that dozens of men, women and children were violently killed and cannibalized in Bronze Age-era England.
ClimateWatch: Looking back on 2024’s extreme weather
In this episode of “ClimateWatch,” CBS national environmental correspondent David Schechter looks back at the devastating hurricanes, landslides, flooding and more that impacted the U.S. this year.
Sustainable gift-giving: How to reduce waste
According to the Center for Biological Diversity, the U.S. creates nearly 6 billion tons more waste in December than in other months. The nonprofit says about 25% of returned products end up in landfills. Sandra Goldmark, a circular economy expert and associate dean at the Columbia University Climate School, joins CBS News to share examples of sustainable, environmentally friendly gifts for everyone on your list.
Crime
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Crime
ATF director on disrupting violent crime
Steven M. Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), joined CBS News with more on the agency's mission to disrupt violent crime. This comes after another deadly school shooting occurred in Madison, Wisconsin.
Madison shooting suspect's family life
Records are providing more details about the Madison, Wisconsin, school shooting suspect and her family life. CBS News' Anna Schecter breaks down what's known as officials investigate the 15-year-old's motive.
U.K. court clears seizure of millions in unpaid taxes from Andrew Tate
A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.
Explosion kills 2 soldiers in suspected booby trap by drug cartel
Before the blast, the soldiers had discovered the dismembered bodies of three people, officials said.
DA accused of firing at fugitive, hitting home with family inside
Chris Stanford is facing a reckless endangerment charge after shooting at a fugitive several times and hitting a home that had a family inside.
Space
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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.
Starliner astronauts' return delayed again
Two astronauts who have been stuck aboard the International Space Station for months will have to wait even longer to come home. Their planned returned was delayed once again on Tuesday, pushing their earliest return trip back to late March. Manuel Bojorquez has more.
Boeing Starliner crew's return to Earth delayed yet again
NASA astronauts Butch Wilmore and Suni Williams have been stuck in space for months longer than expected, and will not return to Earth until at least March 2025 at the earliest, NASA indicated.
When you can see the Cold Moon, 2024's final full moon
December's full moon, known as the Cold Moon, is the last full moon of 2024. Here's when it peaks and why it's called the Cold Moon.
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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 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.
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.
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.
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Biden comments on U.S. mysterious drones
President Biden says there doesn't appear to be anything nefarious behind the mysterious drones sighted in New Jersey and other states. CBS News' Tom Hanson breaks down what remains unknown about the aircraft.
ATF director on disrupting violent crime
Steven M. Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), joined CBS News with more on the agency's mission to disrupt violent crime. This comes after another deadly school shooting occurred in Madison, Wisconsin.
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
Trump, Bezos to meet in Florida
President-elect Donald Trump and Amazon founder Jeff Bezos are meeting before a second term in the White House for the former president. This comes as other CEOs make attempts to connect with Trump. CBS News' Caitlin Huey-Burns reports.
Federal Reserve decision coming
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.