Bezos says bottom half of U.S. earners should pay no federal income tax
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Watch CBS News
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Melania Trump is the focus of a new documentary that's set for release by Amazon Prime Video later this year, the company announced Sunday.
Along with the first private-sector spacewalk, the SpaceX Polaris Dawn crew also will set a new Earth-orbit altitude record.
Jeff Bezos has regained his spot as the richest person in the world, barely beating out now former No. 1 Elon Musk on the Bloomberg Billionaires Index.
The donation, the largest the organization has ever received from an individual, comes as membership dropped in the pandemic.
The failure marked a setback for Jeff Bezos' rocket company, but provided a real-world demonstration of its safety systems.
To meet rising demand, SpaceX plans three rideshare missions per year to give small satellites access to space.
If successful, the 90-year-old Shatner will become the oldest person ever to go into space.
The legendary 90-year-old actor will travel aboard a Blue Origin rocket Wednesday morning from West Texas
Amazon and Blue Origin founder Jeff Bezos and three crewmates blasted off into space Tuesday for a short 10-minute sub-orbital flight that the company hopes will be a giant leap forward for the business of commercial space travel.
During the pandemic, the world's ultra-wealthy have given billions of dollars to charities helping causes that range from homelessness to racial inequality.
Amazon's Jeff Bezos will step down as CEO, the company announced Tuesday.
The demonstration outside of Jeff Bezos' Beverly Hills mansion was organized by The Congress of Essential Workers.
David Rubenstein is the co-founder of the private equity firm The Carlyle Group and talks with some of the world's biggest leaders in his new book like Jeff Bezos, Bill Gates, Oprah Winfrey and Ruth Bader Ginsburg.
The Warner Estate includes a 13,600-square-foot mansion, a golf course, a tennis court, two guesthouses, three hothouses and several gardens and terraces.
The Facebook CEO jumped ahead of Warren Buffett on Friday with a net worth of $81.6 billion.
The so-called "head tax" was repealed on a 7-2 vote from the council Tuesday, reversing the unanimous vote to pass it on May 14.
Despite the president's tweets, it's against the law for the post office to run a money-losing service.
Did the stock market just wake up to that? Shares of the e-commerce giant fall after report Trump wants to curb its power.
Bezos's will provide 1,000 undocumented immigrant graduates of U.S. high schools with DACA status the chance to enroll in college.
Earlier this year, the Amazon founder overtook Microsoft founder Bill Gates as the world's richest person.
While the mega rich from Silicon Valley have made headlines for their purchases of extravagant Los Angeles homes, the city has become increasingly appealing to a trove of angel investors and start-up entrepreneurs as well.
During the current election campaign, for the first time in American history, President Barack Obama and the "left" have made success in America to be negative.
Hundreds of Orange County residents gathered in Garden Grove on Tuesday night to demand answers from GKN Aerospace leadership during a special city council meeting.
Wade Meckler and Jo Adell keyed a five-run second inning with two-run doubles, and Walbert Ureña navigated heavy traffic through five shutout innings to lead the Los Angeles Angels to a 10-1 victory over the Houston Astros.
The shooting happened at around 11 p.m. on Sunday night near Sixth and Ramsey streets, according to Banning police.
A bird tested positive for West Nile virus, the second case in Ventura County.
The crash happened at Suds & Duds Coin-Op Laundry in the 900 block of Aviation Boulevard.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
Hundreds of Orange County residents gathered in Garden Grove on Tuesday night to demand answers from GKN Aerospace leadership during a special city council meeting.
The shooting happened at around 11 p.m. on Sunday night near Sixth and Ramsey streets, according to Banning police.
A bird tested positive for West Nile virus, the second case in Ventura County.
The shooting happened at around 11 p.m. on Sunday night near Sixth and Ramsey streets, according to Banning police.
A bird tested positive for West Nile virus, the second case in Ventura County.
The crash happened at Suds & Duds Coin-Op Laundry in the 900 block of Aviation Boulevard.
Along with the recent opening of LA Metro's three new D Line stations comes a new collection of public art for all to see.
While Gene Evin Atkins, 36, was acquitted of first-degree murder, jurors deadlocked on a second-degree murder charge and convicted him on 40 other charges, including attempted murder, assault with a semi-automatic firearm on a peace officer, attempted carjacking, and mayhem.
Hundreds of Orange County residents gathered in Garden Grove on Tuesday night to demand answers from GKN Aerospace leadership during a special city council meeting.
The Orange County District Attorney's Office said officers found her in a running shower with her toddler's body.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
One person was taken into custody for the stabbing, which deputies said may be gang-related.
Garden Grove residents urged their city council to close the GKN Aerospace facility at the center of a chemical leak in late May.
Team Rubicon volunteers are set to remove dozens of dead trees and vegetation to help mitigate wildfire risk on Big Bear as part of a nearly four-year plan to remove what was left behind by the 2022 Radford Fire and the 2024 Line Fire.
Hermosa Beach police arrested a suspect who allegedly broke into a home while the residents, including two small children, were still inside early Monday morning.
Banning police are investigating an assault that left a man in critical condition after he was allegedly attacked by a person with a baseball bat on Sunday afternoon.
An 18-year-old man was killed in an off-roading crash near Menifee over the weekend, according to the California Highway Patrol.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
The U.S. being a host country for the World Cup generates interest among fans, but less so among those who are not soccer fans.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
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.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
Wade Meckler and Jo Adell keyed a five-run second inning with two-run doubles, and Walbert Ureña navigated heavy traffic through five shutout innings to lead the Los Angeles Angels to a 10-1 victory over the Houston Astros.
The Dodgers quickly pulled away once Pirates ace Paul Skenes exited in a 12-3 win on Tuesday night.
Los Angeles Angels pitcher Jack Kochanowicz needs Tommy John surgery, the team said Tuesday, and the 25-yeaer-old right-hander is expected to be sidelined through the 2027 season.
Peter Laviolette will be the next head coach of the Los Angeles Kings, the team announced on Tuesday. He will be the permanent replacement for interim coach D.J. Smith, who replaced Jim Hiller in March.
The U.S. being a host country for the World Cup generates interest among fans, but less so among those who are not soccer fans.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The CBS LA American Music Awards Red Carpet Special will capture the moments as the stars arrive at the MGM Grand Garden Arena in Las Vegas and airs from 4 p.m. to 5 p.m. PDT on CBS LA and streaming online on CBS News Los Angeles.
Nicole Comstock reports from Pomona, where she learns more about the "inappropriate images" that somehow made it into the city's recreation guide that was sent to residents.
CBS LA's Laurie Perez shows us the preparations in place for the upcoming 2026 FIFA World Cup matches in Los Angeles County.
Desmond Shaw flies to the MacArthur for tonight's Look At This!
As votes from last Tuesday's election continue to be counted, some have voiced concerns about voting laws for homeless residents. Mike Rogers reports.
Newport Beach lifeguards urged inexperienced beachgoers to stay out of the waters as huge waves drew thousands to Orange County's coast. Lesley Marin reports.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
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.
