GameStop CEO to exit as video game retailer pivots to digital
Chewy founder Ryan Cohen, a major investor in GameStop, is pushing the old-school game store to reinvent itself.
GameStop
GameStop moves to cash in on stock surge by selling shares
Video game seller's shares are up nearly 900% this year even as the company continues to lose money.
Many Americans put stimulus money into stocks
Many Americans are planning to their new $1,400 stimulus checks in the stock market. Companies like Amazon, GameStop, and AMC Entertainment may start seeing a boost over the next few weeks, but some finance experts are concerned. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN's Elaine Quijano to break it all down.
GameStop shares up 250% in two days. Here we go again?
The "meme stock" is surging again, reprising last month's dizzying rally in the videogame seller's shares.
Robinhood CEO defends trading app's role in GameStop frenzy
In sometimes pointed questioning, lawmakers pressed brokerage chief on whether his company puts its customers at risk.
House committee holds hearing on GameStop
CBS News' Nancy Chen reports on the GameStop hearing in which Reddit trader Keith Gill, aka "Roaring Kitty," appeared before Congress, along with the CEOs of Reddit, Robinhood and hedge fund Melvin Capital Management.
Lawmakers set to grill Robinhood CEO over GameStop frenzy
Online brokerage executive is expected to face questioning about why he restricted trading in high-flying stocks.
GameStop shares dip below $50 as WallStreetBets frenzy fades
Video game seller has lost $32 billion in market value since Reddit group WallStreetBets sent its share into orbit.
Robinhood's loans to buy stock are 14 times more likely to default
Stock-trading app lets customers "buy on margin" to amp up potential returns. Some investors are paying the price.
GameStop shares plunge more than 40% as investors bail
Video game retailer has lost more than $30 billion in market value after a stock frenzy driven by Reddit board.
Redditors donate some GameStop earnings
Some Reddit users took advice from the "WallStreetBets" forum and made big money on GameStop stock. Now a 20-year-old college student who cashed in is using some of that newfound wealth for good, buying gifts for a children's hospital.
Reddit trader who led GameStop frenzy loses $13M in one day
Reddit personality and YouTuber is still up on his investment, but much less than a week ago when he shot to fame.
Robinhood investing app faces backlash
Investing app Robinhood recently found itself embroiled in controversy this past week when it moved to restrict trading of shares of several companies like GameStop and AMC. The move resulted in intense backlash from users. New York Times finance and technology reporter Nathaniel Popper joins CBSN's Elaine Quijano to discuss.
Reddit's WallStreetBets hit by bots
Moderators of Reddit's WallStreetBets forum say they're seeing a large amount of stock-recommendation content being posted by bots. MoneyWatch senior reporter Stephen Gandel joins CBSN AM to break down the latest information on the forum, which caused a stir as members bought Gamestop stock, driving the price up.
AMC, Nokia and other "meme stocks" targeted by WallStreetBets
GameStop isn't the only struggling company whose stock has surged after retail investors flooded in.
Stock market slips as GameStop shares soar on Wall Street
GameStop's stock price soared to $325 a share on Friday, capping off a tumultuous week on Wall Street. Despite the video game retailer's success, the overall market sank and ended the week in the red. CEO and founder of Tusk Ventures, Bradley Tusk, joined CBSN to discuss the impact the battle between amateur traders and hedge fund investors will have on the future of the stock market.
Robinhood faces customer backlash after clamping down on trades
Brokerage has angered investors who claim they were unfairly blocked from trading GameStop and other hot stocks.
Markets down as Game Stop keeps gaining
Stocks sank Friday as a result of the Game Stop frenzy. CBS News correspondent Vladimir Duthiers explains why, and Katie Stockton, founder and managing partner of Fairfield Strategies, joins CBSN to discuss.
GameStop stock rises as trading resumes
Gamestop's stocks are surging once again after the stock-trading app Robinhood reversed its decision and allowed limited trading to resume. It's the latest twist in the ongoing battle between small-scale amateur traders and hedge fund investors. Andrew Smith, chief investment strategist at Delos Capital Advisors, joins CBSN to discuss the impact.
Jon Stewart joins Twitter, speaks out on Reddit-GameStop frenzy
This week's GameStop frenzy on Wall Street drew Stewart to chime in on Twitter.
GameStop shares surge after Robinhood eases restrictions
After a "tough day," the trading app Robinhood said it would allow "limited buys" of stocks backed by Reddit traders.
Robinhood resumes limited trading of GameStop
Popular trading app Robinhood is now allowing retail investors to buy shares of GameStop stocks, but only in limited quantities. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN to discuss the showdown between Wall Street and home traders.
Robinhood reverses decision barring GameStop
Popular trading app Robinhood is allowing limited trading Friday morning of GameStop stock. This comes one day after it banned the company's stock from its platform, citing extraordinary market conditions. Vladimir Duthiers reports.
Congress plans hearings after GameStop stock frenzy
"Fully agree," Senator Ted Cruz tweeted in response to Congresswoman Alexandria Ocasio-Cortez, who scolded Robinhood.
Reddit posters make millions on GameStop's wild stock ride
Reddit board Wallstreetbets seems to have driven a near-2,000% rise in the stock price of troubled video game retailer.
Mistakenly deported Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
FSU mass shooting kills 2, injures 6; suspect in custody
Law enforcement said the suspected shooter is the 20-year-old son of a Leon County sheriff's deputy and a student at FSU.
What we know about the suspect in the deadly FSU mass shooting
CBS News obtained court records showing a years-long custody battle between the birth parents of the suspect in Thursday's mass shooting at Florida State University.
NSC rebuilding with aides aligned with MAGA agenda, sources say
The White House is starting to rebuild the National Security Council with aides top officials believe are staunchly aligned with President Trump's agenda.
FDA making plans to end its routine food safety inspections, sources say
Food safety inspections would be left to state and local authorities under the plan being developed by the FDA.
4 people killed in cable car accident in southern Italy
A cable car accident on a mountain near Naples left at least four people dead and one critically injured, according to officials in southern Italy.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
Luigi Mangione indicted on federal charges in CEO's killing
Luigi Mangione will be eligible for the death penalty if convicted as charged.
U.S. strikes on oil port held by Yemen's Houthi rebels kill dozens, they say
U.S. airstrikes targeting an oil port held by Yemen's Houthi rebels killed dozens and wounded more than 100 others, the group says.
U.S.
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Man claiming wrongful conviction in murder case gets $11.5 million
Marvin Roberts alleges police acted with a racial bias in a case in which he and three other Indigenous men spent nearly two decades in prison.
Shapiro recounts evacuating arson fire in pajamas at Pennsylvania governor's residence
Gov. Josh Shapiro spoke to reporters Thursday after serving a catered lunch to Harrisburg firefighters in thanks for their role in responding to the blaze.
What we know about the suspect in the deadly FSU mass shooting
CBS News obtained court records showing a years-long custody battle between the birth parents of the suspect in Thursday's mass shooting at Florida State University.
Federal judge temporarily limits DOGE access to Social Security data
A federal judge has imposed new restrictions on the Department of Government Efficiency's access to Social Security systems that hold personal data on millions of Americans.
NSC rebuilding with aides aligned with MAGA agenda, sources say
The White House is starting to rebuild the National Security Council with aides top officials believe are staunchly aligned with President Trump's agenda.
MoneyWatch
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Honda to shift Civic Hybrid production to U.S. from Japan
Rated as one of the top 10 most popular cars sold in the U.S. in 2024, the Civic model is currently sourced in both countries.
Can the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face legal challenges.
Grocery prices continue to rise, but increases vary from city to city
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Shein, Temu will raise prices next week as a trade loophole closes
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import loophole.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
Politics
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Federal judge temporarily limits DOGE access to Social Security data
A federal judge has imposed new restrictions on the Department of Government Efficiency's access to Social Security systems that hold personal data on millions of Americans.
NSC rebuilding with aides aligned with MAGA agenda, sources say
The White House is starting to rebuild the National Security Council with aides top officials believe are staunchly aligned with President Trump's agenda.
Mistakenly deported Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
HealthWatch
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HealthWatch
Obesity doctor touts new weight loss drug
There may soon be a new medication option for losing weight. Eli Lilly's experimental pill appears to work as well as the injected drug Ozempic to lower the weight of diabetes patients. Dr. Jon LaPook has more.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
FDA making plans to end its routine food safety inspections, sources say
Food safety inspections would be left to state and local authorities under the plan being developed by the FDA.
GLP-1 pill shows success for diabetes, weight loss, Eli Lilly says
Eli Lilly and Co., the maker of Zepbound and Mounjaro, announced a successful Phase 3 trial for a once-daily GLP-1 pill for diabetes and weight loss.
Beyond Ivy League, RFK Jr.'s NIH slashed science funding across U.S.
A KFF Health News analysis underscores how the NIH funding terminations have spared no part of the country, politically or geographically.
World
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Bus driver loses $84,000 pension after he was caught stealing $7
A Japanese bus driver with 29 years of service lost his retirement package worth $84,000 after being fired for stealing $7 from passengers' fares.
4 people killed in cable car accident in southern Italy
A cable car accident on a mountain near Naples left at least four people dead and one critically injured, according to officials in southern Italy.
U.S. strikes on oil port held by Yemen's Houthi rebels kill dozens, they say
U.S. airstrikes targeting an oil port held by Yemen's Houthi rebels killed dozens and wounded more than 100 others, the group says.
Mistakenly deported Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
American shot dead after hijacking small plane in Belize
A U.S. veteran was fatally shot after he hijacked a small passenger plane in Belize.
Entertainment
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Skye P. Marshall on career change and working with Kathy Bates on "Matlock"
Skye P. Marshall also worked in the pharmaceutical industry before she pursued acting. She spoke with "CBS Mornings" about the transition and starring in the legal drama, "Matlock."
Skye P. Marshall on "Matlock" finale
Skye P. Marshall joins "CBS Mornings Plus" to preview the explosive finale of "Matlock," share what it's like working with Kathy Bates, and react to Olympia's discovery of Matty's secret.
James Brolin on "Ransom Canyon"
Hollywood legend James Brolin stars as a tough Texas rancher in "Ransom Canyon," a modern Western about land, loyalty, and legacy. The series follows three families caught in a power struggle over their hometown's future.
Michelle Trachtenberg died of diabetes complications, officials say
Michelle Trachtenberg's death was initially undetermined but the medical examiner amended it after lab test results showed complications of diabetes mellitus.
Michael B. Jordan, Ryan Coogler on "Sinners" being boldest collaboration yet
Ryan Coogler and Michael B. Jordan discussed their genre-blending new film, "Sinners," which follows twin brothers in the 1930s Deep South.
Technology
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Technology
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
How AI is using facial recognition to help bring lost pets home
A national lost-and-found database run by the nonprofit Petco Love has helped reunite more than 100,000 families with missing animals.
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.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
How AI is reuniting people with pets
Love Lost is a national lost-and-found pet database run by the nonprofit Petco Love. CBS News consumer correspondent Ash-har Quraishi shows how it's using AI and new technology to help reunite pet owners with their furry friends.
Science
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Science
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial 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?
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.
Crime
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Videos capture student reactions amid deadly FSU shooting
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
Videos, witnesses depict FSU shooting scene
A suspect is in custody following a mass shooting at Florida State University in Tallahassee. Authorities say two people are dead. CBS News Tallahassee affiliate WCTV journalist Jacob Murphey has the latest.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
Luigi Mangione indicted on federal charges in CEO's killing
Luigi Mangione will be eligible for the death penalty if convicted as charged.
New details on suspect in FSU shooting
At least two people died in a shooting at Florida State University on Thursday. Authorities say the suspect is the 20-year-old son of a sheriff's deputy and is in police custody. CBS News correspondent Shanelle Kaul has the details.
Space
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Space
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Gayle King says she can "take on anything" after space journey
"CBS Mornings" co-host Gayle King, who before her spaceflight admitted that she's a nervous flyer, said she has a new confidence following her journey and revealed if she would do it again.
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
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Latest CBS News Videos
Reporter's Notebook: The power of defiance
On Monday, runners will compete in the world's oldest continually run marathon — the Boston Marathon. On this day in 1972, women were officially allowed to compete for the first time. But it wasn't the first time a woman ran the race. "CBS Evening News" co-anchor John Dickerson explains.
Explaining signs of life found on distant planet
Astronomers announced they had detected the most promising "hints" of potential life on a planet beyond our solar system. Cambridge University astrophysicist Nikku Madhusudhan, one of the scientists who led the research, joins to discuss.
Black mothers face higher risks in childbirth
The U.S. has the worst maternal mortality rate of developed countries. New numbers show Black women are three and a half times more likely to die than white women from childbirth and other pregnancy-related causes. Elise Preston reports.
Trump could soon deport more migrants, lawyers say
The Trump administration is engaged in several different immigration-related battles. In one, lawyers for five Venezuelan men being held in Texas warned a judge that the government appears poised to remove more migrants under the wartime Alien Enemies Act. Scott MacFarlane has details.
Can Trump fire Fed chair Jerome Powell?
President Trump is once again taking aim at his own pick for America's most powerful economic post -- Federal Reserve Chair Jerome Powell. Despite nominating him in 2017, Trump now wants him out. But is that allowed? Jan Crawford explains.