Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
MoneyWatch
Latest News
Here's a sneak peek at some of this year's Super Bowl ads
Among the celebs making an appearance in Super Bowl LVII ads are Tony Romo, Adam Driver and Serena Williams.
IRS tells millions of Americans to hold off on tax filing
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
Biden vowed to outlaw "junk" fees in his SOTU. Here's his plan.
Resort fees at hotels, extra airline charges and service fees on concert tickets cost Americans billions each year.
AirTag followed lost wallet to 35 cities on American Airlines
American said it couldn't find the man's wallet, but his Apple AirTag located it on the plane where he'd left it.
Some Fabuloso cleaners recalled for bacterial contamination
Colgate-Palmolive is recalling millions of bottles of the all-purpose surface cleaner sold at Walmart and other retailers.
Beware these 5 financial red flags in a romantic partner
As Valentine's Day approaches, financial experts say these dubious money habits can scuttle a relationship.
More than half of U.S. states are moving to cut your taxes
As states' "rainy day funds" reach a record, some state leaders want to eliminate their income tax entirely.
Chinese balloon reignites debate to limit foreign farmland ownership
Lawmakers in Congress and at least 11 statehouses are weighing legislation to further limit foreign ownership of farmland.
Managing Your Money
More
Easy ways to make passive income now
There are several easy ways to make passive income, many of which can be done from the comfort of your own home.
Do retirees need life insurance?
Life insurance can be beneficial for many people, even those who have retired. Here's how to know if it makes sense for you.
Why you should buy pet insurance this year
Need help with rising veterinary costs? This is why you should get a pet insurance policy now.
Money Tech
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Microsoft unveils search engine with ChatGPT-like functions
Tech giant is building artificial intelligence directly into Bing, CEO Satya Nadella tells "CBS Mornings."
Alphabet rolls out chatbot "Bard," its answer to ChatGPT
AI tool can help users decide which instrument to learn or explain complex topics, according to CEO Sundar Pichai.
Dell joins parade of tech giants slashing their workforces
The computer maker said it is cutting 5% of its workforce as consumer demand fades.
How will Netflix stop you from sharing your password?
Streaming company said a crackdown is coming by March, but a similar effort in other countries yielded mixed results.
Microsoft rolling out ChatGPT-powered Teams for $7 a month
After investing billions in AI-chatbot, the tech company is already using it to help improve consumers' work patterns.
ChatGPT is growing faster than TikTok
AI text tool is already estimated to have acquired 100 million monthly users only two months after it was launched.
White House takes aim at Apple and Google for their app stores
Commerce Department report accuses two tech giants of operating mobile app stores that stifle competition.
These jobs are most likely to be replaced by ChatGPT and AI
New bots and other AI tools are likely to supplant people in performing certain workplace tasks, experts say.
Latest News
Chinese balloons are part of wider surveillance program
China's balloon program is "designed to augment" its surveillance abilities, Defense Secretary Lloyd Austin said.
Turkey-Syria earthquake death toll tops 12,000
Rescuers desperately searching for survivors under rubble faced the grim challenges of stretched resources and winter conditions.
7 key moments and takeaways from Biden's 2023 State of the Union address
The president took a victory lap celebrating Democrats' legislative accomplishments while pledging to work with Republicans.
Parents prepare to sue district where teacher was shot by 6-year-old
The families of two students at the Virginia elementary school have filed notices of potential legal action against the school system.
El Paso Walmart shooter pleads guilty to federal hate crimes
The guilty plea entered by Patrick Crusius came amid prosecution delays that have made the case drag on for more than three years.
Trump, potential 2024 GOP contenders respond to Biden's State of the Union
Their responses offered an early preview of how they might run against Biden, their likely opponent in 2024.
2 children dead, 6 injured after bus crashes into day care
An eyewitness said immediately after the crash, the driver stepped out of the bus, ripped his clothes off and started screaming.
Evacuation order lifted for residents near Ohio train derailment
East Palestine Fire Chief Keith Drabick said that air and water samples determined the evacuation area to be safe for residents.
How Kareem really feels about LeBron breaking his NBA scoring record
"LeBron said we don't have a relationship. He's right—and for that I blame myself," Abdul-Jabbar wrote.
Small Business
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Abortion care startup touts the merits of telemedicine
Abortion pill provider reports big increase in online traffic — and high anxiety among patients — after Roe was struck down.
Abortion pill startup sells meds to women who aren't pregnant
Company says giving patients abortion pills before they're needed provides "peace of mind."
Community aids in Filipino food truck's pandemic rebound
Owner encourages customers to "give a high five" to local businesses raising prices. "It means a lot."
Small business faces big challenges: Inflation and 18-hour days
"Would you be comfortable paying $36 for a hamburger? That's kind of what it's worth," says restaurant owner Jenna Petersiel.
For small businesses, looming recession brings uncertainty
But Jessica Johnson-Cope, CEO of a family-owned security services company, remains optimistic even as the U.S. economy darkens.
Retirement
More
Dems propose raising taxes on high earners to preserve Medicare
Sens. Joe Manchin and Chuck Schumer craft a scaled-back version of the economic package thwarted by Manchin last year.
A common retirement strategy can erode your savings: watchdog
Workers who move 401(k)s into IRAs can lose significant money to a choice they didn't have to make, new analysis shows.
How can you financially prepare for a recession?
"The quicker you move, the more agency you have in reducing the impact of a recession," one expert says.
Stock drop has erased $3 trillion in retirement savings this year
With Americans' nest eggs mostly held in 401(k)s and IRAs, the swoon could force many to delay their retirement.
Social Security bill would give seniors an extra $2,400 a year
Some lawmakers want to revise the retirement program to shore up its funding and boost benefits for its 69 million recipients.
U.S.
More U.S.
How Kareem really feels about LeBron breaking his NBA scoring record
"LeBron said we don't have a relationship. He's right—and for that I blame myself," Abdul-Jabbar wrote.
Damar Hamlin "will play professional football again," says NFL players union doctor
The win comes amid a positive prognosis that Hamlin "will play professional football again," according to the medical director of the NFL Players Association.
Evacuation order lifted for residents near Ohio train derailment
East Palestine Fire Chief Keith Drabick said that air and water samples determined the evacuation area to be safe for residents.
Philadelphia police officer wounded in shooting; several suspects arrested
The officer was shot at least twice, authorities said, but he is expected to survive.
Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
MoneyWatch
More MoneyWatch
Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
Chinese balloon reignites debate to limit foreign farmland ownership
Lawmakers in Congress and at least 11 statehouses are weighing legislation to further limit foreign ownership of farmland.
Here's a sneak peek at some of this year's Super Bowl ads
Among the celebs making an appearance in Super Bowl LVII ads are Tony Romo, Adam Driver and Serena Williams.
AirTag followed lost wallet to 35 cities on American Airlines
American said it couldn't find the man's wallet, but his Apple AirTag located it on the plane where he'd left it.
Biden vowed to outlaw "junk" fees in his SOTU. Here's his plan.
Resort fees at hotels, extra airline charges and service fees on concert tickets cost Americans billions each year.
Politics
More Politics
Chinese balloons are part of wider surveillance program
China's balloon program is "designed to augment" its surveillance abilities, Defense Secretary Lloyd Austin said.
Chinese balloon reignites debate to limit foreign farmland ownership
Lawmakers in Congress and at least 11 statehouses are weighing legislation to further limit foreign ownership of farmland.
George W. Bush to return to D.C. to mark 20th anniversary of AIDS program
Over the last 20 years, the program has saved 25 million lives, according to the State Department.
Accused Lockerbie bomber pleads not guilty to charges in deadly 1988 blast
Abu Agila Mohammad Mas'ud faces three counts in the U.S. related to the bombing that killed a total of 270 people.
Jan. 6 rioter who brought Confederate flag to Capitol to be sentenced Thursday
Prosecutors have asked a judge to impose a sentence of nearly six years in prison for Kevin Seefried.
Health
More Health
Health
Bestselling author on lessons for living longer
There's not just one trick to living longer, but bestselling author Dan Buettner says the best place to start is in the kitchen. He estimates the average American could live about six extra years if they switched from a standard American diet to a plant-based one. Norah O'Donnell has more.
What the end of the COVID-19 emergency means for free vaccines, health data and more
Most Americans will continue to get vaccines for free, but tests and antiviral pills could get costly later this year.
CDC says surge of severe strep in kids was a return to pre-pandemic levels
The agency cited preliminary data from 2022, which tracked the unseasonably early rise of invasive group A strep infections alongside other respiratory diseases.
Weight loss drugs rise in popularity
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the rising popularity of weight loss drugs, who is eligible and the costs.
Gas stoves: Igniting a new range war
Why are some media and political figures claiming that people are coming for your gas stove? And are there health risks from cooking with natural gas?
World
More World
Scientists find dense ring around dwarf planet, but can't quite explain why
Quaoar is part of a collection of about 3,000 dwarf planets known as trans-Neptunian objects, which are beyond the orbit of the planet Neptune.
Chinese balloons are part of wider surveillance program
China's balloon program is "designed to augment" its surveillance abilities, Defense Secretary Lloyd Austin said.
2 children dead, 6 injured after bus crashes into day care
An eyewitness said immediately after the crash, the driver stepped out of the bus, ripped his clothes off and started screaming.
Delta Airlines flight returns to JFK Airport after reported bird strike
Delta said in a statement that the plane "encountered birds following departure" to the Bahamas.
Tourist hotspot battles invasion of green monkeys: "They're everywhere"
The primates, which originate from Africa, are reproducing at an alarming rate, threatening the survival of some indigenous species, officials said.
Entertainment
More Entertainment
Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
Madonna responds to critics who commented on her Grammys appearance
"Once again I am caught in the glare of ageism and misogyny That permeates the world we live in," wrote the singer on Instagram.
Michael B. Jordan says "this is my year" as he makes directorial debut
Michael B. Jordan said a high-profile breakup last year helped him grow and learn.
Dave Franco on screenwriting with Alison Brie
Dave Franco joins "CBS Mornings" to discuss his new movie "Somebody I Used to Know," which he directed and co-wrote with his wife Alison Brie.
Michael B. Jordan on directorial debut
Michael B. Jordan is set to make his directorial debut with "Creed III," where he will also be reprising his starring role as boxer Adonis Creed. "CBS Mornings" co-host Gayle King sat down with Jordan in his hometown of Newark, New Jersey.
Technology
More Technology
Technology
Microsoft, Google using AI to revamp search engines
Microsoft is revamping its Bing search engine with ChatGPT artificial intelligence. William Antonelli, a tech reporter for Insider, joined CBS News to discuss how this could impact online search results.
AirTag followed lost wallet to 35 cities on American Airlines
American said it couldn't find the man's wallet, but his Apple AirTag located it on the plane where he'd left it.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Microsoft CEO on challenging Google with the help of AI technology
The push is part of Microsoft's effort to transform an internet service.
Tech race for AI integration ramps up
Microsoft said it will be integrating artificial intelligence technology into its Bing search engine and Edge browser. Meanwhile, Google announced this week that it will be releasing its own AI chatbot. Wired senior writer Will Knight joined CBS News to discuss tech companies' new push for AI.
Science
More Science
Science
Jupiter sets record after 12 new moons discovered
Telescopes in Hawaii and Chile have discovered a dozen new moons around Jupiter, bringing the total to 92 moons -- more than any planet in our solar system.
Many buildings in Turkey collapsed like pancakes in quake
Some 3,450 buildings have collapsed, according to the Turkish government, in the quakes that have so far killed more than 6,000.
Astronomers discover 12 new moons around Jupiter
The new moons were discovered using telescopes in Hawaii and Chile, and their orbits were confirmed with follow-up observations.
Scientists hope lab-grown coral can save endangered Florida Keys reef
An outbreak of stony coral tissue loss disease threatens to destroy 20 of the 45 species in the world's third-largest coral reef.
Scientists work to save Florida's coral reef
The world's third-largest coral reef just off the Florida Keys was once a vibrant habitat for millions of plants and animals. But an outbreak of stony coral tissue loss disease is threatening to destroy it. Scientists are trying to regrow the coral in a lab hundreds of miles away to save it. Manuel Bojorquez takes a look.
Crime
More Crime
Philadelphia police officer wounded in shooting; several suspects arrested
The officer was shot at least twice, authorities said, but he is expected to survive.
Suspect in San Francisco synagogue shooting charged with felonies
In court documents, prosecutors alleged two felony charges were hate crimes against Judaism.
Alex Murdaugh trial suspended as courthouse evacuated due to security issue
The South Carolina courthouse where former attorney Alex Murdaugh's murder trial is taking place was evacuated.
Woman accused of beating her 8-year-old granddaughter to death
Patricia Ann Ricks, 72, was arrested Tuesday and charged with first-degree murder as well as felony child abuse, authorities said.
Accused Lockerbie bomber pleads not guilty to charges in deadly 1988 blast
Abu Agila Mohammad Mas'ud faces three counts in the U.S. related to the bombing that killed a total of 270 people.
Space
More Space
Scientists find dense ring around dwarf planet, but can't quite explain why
Quaoar is part of a collection of about 3,000 dwarf planets known as trans-Neptunian objects, which are beyond the orbit of the planet Neptune.
SpaceX launches Spanish communications station
The satellite will serve the Americas, Greenland and Atlantic Ocean air and sea lanes.
Astronomers discover 12 new moons around Jupiter
The new moons were discovered using telescopes in Hawaii and Chile, and their orbits were confirmed with follow-up observations.
Spacewalk underway, and more space news
Astronauts are conducting a spacewalk outside the International Space Station. And NASA is marking 20 years since the space shuttle Columbia disaster. CBS News space consultant Bill Harwood joined Anne-Marie Green and Janet Shamlian with more on those stories, plus details on the "green comet" passing by Earth.
20 years after Columbia disaster, NASA remembers crew and lessons learned
Columbia's destruction and the loss of its crew triggered a sharp change of course for America's space program.
Latest Galleries
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65th Grammy Awards - Red Carpet
The Grammys will be broadcast live from Los Angeles, starting at 8 p.m. ET Sunday, on CBS television stations and will stream live and on-demand on Paramount+.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Celebrities who filed for bankruptcy
They may have famous names and big careers, but these celebs also ran into financial trouble.
Latest Videos
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Latest Videos
Search continues for earthquake survivors
Rescuers are in a race against time to look for any survivors under rubble in the aftermath of the massive earthquakes in Turkey and Syria, as severe winter conditions impact recovery operations. Senay Ataselim-Yilmaz, executive director of Turkish Philanthropy Funds, joined CBS News to discuss relief efforts in the region.
Relief payments complicate tax season
Every year, the IRS asks Americans to file their taxes early. This year, however, the agency is telling millions of Americans who received special refunds from their state to hold off for now in order to determine if those refunds are taxable or not. Jacob Bogage, a business reporter for the Washington Post, joined CBS News to break down what this means.
Microsoft, Google using AI to revamp search engines
Microsoft is revamping its Bing search engine with ChatGPT artificial intelligence. William Antonelli, a tech reporter for Insider, joined CBS News to discuss how this could impact online search results.
Lloyd Austin on Chinese spy balloon
U.S. Intelligence officials said the Chinese spy balloon shot down off the coast of South Carolina Saturday is part of a vast surveillance program. CBS News national security correspondent David Martin spoke with Defense Secretary Lloyd Austin Wednesday in an exclusive interview.
House holds hearing on Hunter Biden laptop story
The Republican-led House Oversight Committee grilled former executives at Twitter on the company's handling of a 2020 New York Post article about the alleged contents of Hunter Biden's laptop. CBS News senior investigative correspondent Catherine Herridge joined John Dickerson on "Prime Time" to discuss.