Saks Global, century-old high-end department store chain, files for bankruptcy
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
Watch CBS News
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
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 said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
The conspiracy theorist has proposed paying the families of Sandy Hook victims a fraction of the nearly $1.5 billion which they were awarded in judgements against him.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
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.
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.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
Some people who had already bought tickets to see movies at the theaters found them closed for good. Marci Gonzalez and Amy Johnson report.
An injured mountain lion cub was rescued from a Castaic neighborhood on Wednesday, hours after it was spotted lying in the road by neighbors who think it might have been hit by a car.
Nick Martinell scored 17 of his 22 points in the second half on Wednesday night to help Northwestern beat USC 74-68 and snap a five game losing streak.
Mikael Granlund and Cutter Gauthier scored in the shootout and Lukas Dostal stopped 40 shots as Anaheim defeated the NHL-leading Colorado Avalanche for the Ducks' fifth straight win Wednesday night.
Gabriela Jaquez scored 25 points on 10-of-11 shooting, and No. 3 UCLA routed Purdue 96-48 on Wednesday night to take sole possession of first place in the Big Ten.
The Anaheim Police Department chased the suspect into the nearby city of Placentia shortly before the violent and deadly crash.
A CBP officer suffered unspecified injuries, according to the Department of Homeland Security.
When officers arrived at the home, they found a woman dead inside from blunt force trauma.
San Francisco Giants outfielder Jung Hoo Lee was detained by Customs and Border Protection agents at LAX on Wednesday.
An injured mountain lion cub was rescued from a Castaic neighborhood on Wednesday, hours after it was spotted lying in the road by neighbors who think it might have been hit by a car.
The Anaheim Police Department chased the suspect into the nearby city of Placentia shortly before the violent and deadly crash.
An injured mountain lion cub was rescued from a Castaic neighborhood on Wednesday, hours after it was spotted lying in the road by neighbors who think it might have been hit by a car.
The Anaheim Police Department chased the suspect into the nearby city of Placentia shortly before the violent and deadly crash.
The federal government's case against one of the suspects in the "largest jewelry heist in U.S. history" fell apart after ICE deported the man to Ecuador.
San Francisco Giants outfielder Jung Hoo Lee was detained by Customs and Border Protection agents at LAX on Wednesday.
The man's body was found near the 1300 block of E. 120th Street at around 7:30 a.m., LA County deputies said.
The shooting happened at around 11:30 p.m. at a home in the 4500 block of Scenario Drive, police said.
After several 7-Eleven stores were targeted by robbers overnight in Los Angeles and Orange counties, authorities are working to investigate if the incidents are connected.
Huntington Beach city officials on Sunday issued a warning to the public due to increased stingray activity along the shoreline in recent days.
Federal prosecutors charged a man who allegedly threatened to kill Vice President JD Vance during his Disneyland trip last year.
An Orange County man has been posting social media videos of car crashes in front of his house to hopefully spur safety changes at his Huntington Beach intersection.
San Bernardino City Council member Treasure Ortiz was charged with two counts of eavesdropping for illegally recording police in connection to her $2 million lawsuit against the city.
The man was found with "traumatic injuries" in Nuevo at around 12:30 p.m. on Sunday, Riverside County deputies said.
Ontario International Airport unveiled a new monument sign as officials rang in a "new era" of aviation in the Inland Empire and celebrated a decade of local control during an event on Wednesday.
After yet another notably sized earthquake struck near Indio overnight, following two days of seismic activity, renowned seismologist Dr. Lucy Jones says that even more temblors could hit the area due to its proximity to the San Andreas Fault system.
A Corona family is outraged after learning that the hit-and-run driver who killed their son in 2020 is being released less than three years into her nine-year sentence.
A Texas jury acquitted a former Uvalde school police officer who was on trial for allegedly failing to act during the massacre at Robb Elementary School in 2022 that left 19 students and two teachers dead.
Over a dozen college basketball players are accused of taking bribes to tank their performance — the latest in a series of alleged sports gambling schemes, leading one ex-prosecutor to urge professional leagues to hire an internal investigator.
ICE authorized its officers to enter homes without judicial warrants in the cases of people with deportation orders, a sweeping reversal of longstanding rules, according to a whistleblower complaint.
President Trump said he will not be imposing tariffs against European countries over their objections to his efforts to acquire Greenland.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
Gov. Newsom is accusing the Trump administration of pressuring a planned interview between a U.S. media company and the Democratic governor to be cancelled. The Trump administration has fired back at those claims.
Over a dozen college basketball players are accused of taking bribes to tank their performance — the latest in a series of alleged sports gambling schemes, leading one ex-prosecutor to urge professional leagues to hire an internal investigator.
ICE authorized its officers to enter homes without judicial warrants in the cases of people with deportation orders, a sweeping reversal of longstanding rules, according to a whistleblower complaint.
President Trump said he will not be imposing tariffs against European countries over their objections to his efforts to acquire Greenland.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Nick Martinell scored 17 of his 22 points in the second half on Wednesday night to help Northwestern beat USC 74-68 and snap a five game losing streak.
Mikael Granlund and Cutter Gauthier scored in the shootout and Lukas Dostal stopped 40 shots as Anaheim defeated the NHL-leading Colorado Avalanche for the Ducks' fifth straight win Wednesday night.
Gabriela Jaquez scored 25 points on 10-of-11 shooting, and No. 3 UCLA routed Purdue 96-48 on Wednesday night to take sole possession of first place in the Big Ten.
San Francisco Giants outfielder Jung Hoo Lee was detained by Customs and Border Protection agents at LAX on Wednesday.
Kevin Fiala had a goal and an assist, and Anton Forsberg made 28 saves after taking over for injured Darcy Kuemper in the Los Angeles Kings' 4-3 victory over the slumping New York Rangers.
A judge has ordered that actor Timothy Busfield be released from jail during a detention hearing on child sex abuse charges.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
An injured mountain lion cub was rescued from a Castaic neighborhood on Wednesday, hours after it was spotted lying in the road by neighbors in the area. Hunter Sowards reports.
Nicole Comstock reports from Riverside, where dozens of protesters gathered on Wednesday night to protest outside of Erika Kirk and Turning Point USA's "Make Heaven Crowded Tour."
A newly disclosed whistleblower complaint indicates that Immigration and Customs Enforcement authorized its officers to enter homes without judicial warrants in the cases of people with deportation orders, a sweeping reversal of longstanding rules. Laurie Perez reports.
Gio Insignares reports from North Hollywood, where a Glendale firefighter was arrested on Wednesday for his wife's alleged murder after she was found dead inside a home suffering from multiple blunt force trauma.
California Gov. Gavin Newsom is accusing the Trump administration of pressuring a planned interview between a U.S. media company and the Democratic governor to be cancelled. The Trump administration has fired back at those claims. Tom Wait reports.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
