Metals Prices Offer Bad News for High Tech
Metals markets may offer important ways of measuring the health of the tech indusry. Given current prices, it looks like everyone's in for a double whammy of lower demand and higher costs.
Money Tech
Tech Roundup: IBM Profits, Wozniak on iPod, Sequoia Capital Grim, More
Big Blue in Black -- IBM reported its quarterly earnings earlier than expected, and as they're up 22 percent, who can blame them? Gross profit margin for the quarter was two points higher than last year and revenue was up five percent (including three percent because of favorable currency conversion...
Industry Association Says Consumer Electronic Sales Up, But Why?
The Consumer Electronics Association is predicting that some key categories will see good sales during the holiday season. But this is not a report that should necessarily cheer anyone in the industry, because there are probably three big words fueling the "strength": really low margins.
Tech Roundup: Drunken Email Regrets, MySQL Becomes TheirSQL, and More
Someone keep me from clicking send -- For those addicted to working into the wee hours and complete exhaustion there's a new meaning to morning after regret. That's the feeling people get when they realize exactly what they sent in emails before they finally gave in to sleep. Google has a new tool t...
AMD Splitting Symptomatic of Semiconductor Industry Woes
There's plenty of news today about AMD's plan to split itself into two. One part will design chips while the other becomes a joint venture with investors from Abu Dhabi. But this isn't a story just about AMD. Indirectly it's about the entire semiconductor industry and the even bigger implications for the global economy when the companies that power everything from greeting cards to autos and appliances can't figure out how to make money. If they can't stay in business, how is anyone going to make anything?
Tech Roundup: Linux Boomerangs, Faux Military Chips, and More
Linux laptops become boomerangs, strong returns -- At least one OEM, MSI, is seeing much stronger returns on Linux laptops than on those running Windows, to the tune of four to one. Apparently people like the price, open the box when they get home, start the laptop up, and then realize that Linux is...
Palm Feeling the Pinch of Rising Commercial Loan Rates
The crisis of confidence on Wall Street is pushing up costs of variable-interest commercial loans, many of which are pegged to the London Interbank Offered Rate (LIBOR). Handset maker Palm Inc., which has invested more than 12 percent of its sales in R&D in each of the last two years, or about $...
IBM Beta Tests Bluehouse, a Business "Facebook"
Not long ago Talkbiznow's CEO was flogging a new type of online business networking -- LinkedIn with souped up communications and services. Now it seems that IBM has just opened the beta on Bluehouse, a similar concept, only undertaken with far deeper pockets and way more experience. IBM's approach, with its impressive resources, should make LinkedIn nervous. Even if the particular expression may not start a category firestorm, it does suggest an evolutionary direction for digital business networking.
Tech Roundup: Aluminum Apples, Chrome Declines, and More
Apple rumored to have new production process-- According to 9to5Mac, Appleis using a new production process in which lasers and water jets carve blocks of aluminum into cases, first for the MacBook Brick, later for -- who knows? The thought is that it would avoid bending and therefore stressing the...
Tech Roundup: Free Games, Yahoo's News for the Bored, and More
Free computer game model reaches US -- Everyone loves free, but gaming companies in Korea seem to have figured out how to make it pay and they're going to give it a try in the US. Nexon, out of Seoul, supports its offerings through micro-transactions in which players buy weapons, armor, and other ac...
Credit Crunch Hits Small Tech Firms
The House has just passed the banking bailout bill and not a moment too soon. Experts have been talking about how the effects of credit tightness were starting to be felt by most of the country, and small technology firms have found that they are in just as bad a position as everyone else.
Tech Roundup: TCP/IP and iPhone Security Vulnerabilities, Internet Radio Temporary Resuscitation, Microsoft to Build European Research Centers, and More
Researchers claim new networking vulnerability -- A couple of researchers are claiming that they've discovered flaws in TCP/IP protocol stacks that hackers could use to unleash new denial of service (DoS) attacks on Internet-connected computers. The results supposedly could range from crashing a dev...
Digital Cinemas Suggest New Way to View Markets
Hollywood studios are starting to line up to help finance the rollout of digital technology in movie theaters. While an interesting story, particularly if you're a motion picture technology buff at all, it's an important reminder that there are non-digitized markets out there that might present impo...
Tech Roundup: Game Companies Hunt Pirates, Bad Oracle Consultants, Green Google Investments, and More
Activision Blizzard chases individual game pirates -- Clearly some in the gaming community have been watching the RIAA a bit too closely. Activision Blizzard has been suing individuals who have pirated its game Call of Duty 3. Out of six people so far pursued, three settled for $100,000, one for $25...
Much of Tech Fares Worse than Wall Street on Bailout Nix
The stock market took a beating today, but it's important to keep some perspective because things could have been worse. The Dow Jones Industrial Average lost about 7 percent in value, but that doesn't rank among the top 10 percentage losses. Nasdaq lost about 9.1 percent, which is its third biggest percentage drop. However, tech stocks seemed to take even more of a beating.
Live
Witkoff, Kushner to take part in second round of Iran peace talks in Pakistan
While the U.S. sends representatives to Islamabad, Israel's fight with Hezbollah continues despite a ceasefire.
Arrest made in case of missing USF doctoral students, 1 found dead
Zamil Limon's remains were found on the Howard Franklin Bridge in Tampa. His roommate was in custody, officials said.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
White House mulls using Defense Production Act in Spirit Airlines takeover
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's "TrumpRx" website on Friday, CBS News exclusively learned.
As U.S. re-arms during ceasefire, long-term concerns emerge about munitions supplies
The Trump administration has sought to project confidence in the U.S. military's munitions stocks after more than a month of war with Iran, but long-term supply questions remain.
DOJ reinstates firing squads, pentobarbital for federal executions
The Justice Department announced Friday it would readopt the death penalty protocols for lethal injection and firing squads.
U.S.
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How a 9-year-old girl found a confidence-changing role model in a Denver soccer star
"I didn't want to be known as the girl with one arm that plays soccer," Denver Summit FC player Carson Pickett told CBS News. "I just wanted to be known for the girl that plays soccer."
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Exclusive
White House mulls using Defense Production Act in Spirit Airlines takeover
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Trader Joe's customers sue over coffee's caffeine levels
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
Appeals court blocks Trump's asylum crackdown at U.S.-Mexico border
A three-judge appellate panel agreed with a lower court ruling that the Trump administration can't put aside laws allowing individuals to apply for asylum.
MoneyWatch
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Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Trader Joe's customers sue over coffee's caffeine levels
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
IEA says Iran war will keep the natural gas market tight for two years
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
Politics
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Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Exclusive
White House mulls using Defense Production Act in Spirit Airlines takeover
President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."
Appeals court blocks Trump's asylum crackdown at U.S.-Mexico border
A three-judge appellate panel agreed with a lower court ruling that the Trump administration can't put aside laws allowing individuals to apply for asylum.
HealthWatch
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Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
World
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Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
Netanyahu says he was treated for early-stage prostate cancer
Israeli Prime Minister Benjamin Netanyahu says the successful operation for prostate cancer happened 18 months ago and that he is now in "excellent physical condition."
Live
Witkoff, Kushner to take part in second round of Iran peace talks in Pakistan
While the U.S. sends representatives to Islamabad, Israel's fight with Hezbollah continues despite a ceasefire.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Entertainment
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Entertainment
Extended interview: Don Cheadle
Oscar-nominated actor Don Cheadle has appeared in more than 100 films and TV shows. But it had been a quarter-century since he appeared on stage in the Off-Broadway hit "Topdog/Underdog," until he made his Broadway debut this spring in a revival of "Proof." In this web exclusive, he talks with Tracy Smith about the lessons of his parents; catching the "theater bug" as a child; the "hamster wheel" of an actor's career; and his emotional investment in works like "Hotel Rwanda."
Rob and Michele Reiner's son, Jake, speaks out about his parents' deaths: "My world, as I knew it, had collapsed"
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Ellen Burstyn reflects on impact of poetry
Ellen Burstyn, known for her Oscar-winning role in "Alice Doesn't Live Here Anymore," has spent seven decades in Hollywood, but she tells "CBS Mornings" that poetry has also shaped her life as she discusses her new book "Poetry Says It Better."
"Survivor" castaway on elimination from game
(Spoilers ahead) "CBS Mornings" speaks with the latest eliminated contestant from "Survivor 50" about exiting the game, strategy and transitioning to the jury.
"Giant" explores Roald Dahl scandal
"Giant," which is now on Broadway, dramatizes a real-life scandal that stained the legacy of world-famous children's author Roald Dahl. Anthony Mason spoke to John Lithgow, who stars in the play, and playwright Mark Rosenblatt.
Technology
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Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
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.
Meta to cut 8,000 jobs as it charges into AI
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
Victim has "nothing left" as AI fuels a surge in crypto fraud schemes
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
Science
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Science
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Mysterious "golden orb" found in deep sea in 2023 is finally identified
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Crime
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Crime
Mom charged after son injures Vietnam vet
A California teen on an electric motorcycle critically injured a pedestrian, and now the boy's mother could now face years in prison. Jonathan Vigliotti explains.
DOJ permits death by firing squad
Death by firing squad is now reinstated in U.S. federal cases, according to a new policy announced on Friday by the Trump administration.
Polymarket on soldier arrest: "The system works"
A U.S. special forces soldier was arrested Thursday for allegedly using confidential government information to make more than $400,000 off the arrest of former Venezuelan President Nicolás Maduro on Polymarket. CBS News homeland security correspondent Nicole Sganga has the details. Then, Dennis Kelleher, CEO of financial regulation nonprofit Better Markets, joins with analysis.
Missing Florida student found dead, arrest made
One of two missing University of South Florida doctoral students was found dead, and a roommate was taken into custody, police said on Friday.
Louisiana mall shooting, Jazz Fest plot
One person died, and five others were injured after a shooting at a Louisiana mall, officials said. This comes as more details emerge about an apparent mass shooting plot at New Orleans' Jazz Fest. CBS News' Anna Schecter reports.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Watch tornadoes swirl through Oklahoma
On Thursday night, at least six tornadoes whipped through Oklahoma, causing chaos and destruction. Videos show them spiraling through the state. Some footage does not contain audio.
Employers boosting entry-level hiring: data
After years of steady decline, a new survey finds employers expect to boost new graduate hires by more than 5% this spring compared to the same time last year. LinkedIn career expert Catherine Fisher joins "The Daily Report" to discuss.
Soccer star inspires young girl just like her
Nine-year-old Hayden Stine was born without most of her right arm. When she went to a Denver Summit women's soccer home opener, she saw a player, Carson Pickett, just like her. Steve Hartman goes "On the Road" with a story about the importance of role models.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
Iran war tolling weapons stockpiles: analysis
An analysis from the Center for Strategic and International Studies finds the U.S. "may have expended more than half of the prewar inventory" of at least four key munitions, including Tomahawk missiles. CBS News national security contributor Sam Vinograd has more.