Eddie Bauer's retail operator declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
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Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
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.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Spirit Airlines is ending service in nearly a dozen U.S. cities this week. The cuts could impact more than just those who fly with the budget airline.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
California's tough business environment makes it hard for retailers to survive, a top Bed Bath & Beyond executive said.
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Bed Bath & Beyond, which shut all its stores more than two years ago after filing for bankruptcy, is back. The company, rebranded as Bed Bath & Beyond Home, opened a brick-and-mortar store in Nashville, Tennessee, on Friday.
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F. Chang's.
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Regeneron, a biotech company, will acquire 23andMe for $256 million and vowed to comply with the genetic testing company's privacy policies.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation and high interest rates contributed to the Big Lots' bankruptcy, but a deal with Gordon Brothers Retail Partners will keep hundreds of stores open. CBS News contributor Javier E. David has more.
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.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
President Trump has welcomed Iran's announcement that, at least while the Israel-Lebanon ceasefire holds, the Strait of Hormuz is "completely open" to all ships.
President Trump spoke with CBS News Friday in a new telephone interview.
White House officials are leaning on Utah Republicans to further examine ethics concerns regarding a relationship between two key players in a key gerrymandering case, sources told CBS News.
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
More than 51 million people are under the threat of severe weather Friday evening from Texas to Wisconsin, as some are still cleaning up from tornadoes earlier in the week.
The decision from U.S. District Judge Mary McElroy marks the Justice Department's fifth loss in its attempts to access states' voter registration lists.
A 27-year-old Cuban man died in ICE custody in Miami after an apparent suicide attempt, the agency said, adding to a string of recent detainee deaths locally and nationwide.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
The disappearances and deaths of 10 government workers tied to nuclear or space technology have sparked speculation online. President Trump said the cases are "hopefully, coincidence."
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
The decision from U.S. District Judge Mary McElroy marks the Justice Department's fifth loss in its attempts to access states' voter registration lists.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Air New Zealand will soon offer four-hour stints in triple-decker bunk beds for long-haul flights. The carrier says they'll be the first lie-flat beds for budget air travelers.
Sources close to Supreme Court Justices Samuel Alito and Clarence Thomas tell CBS News neither is planning to retire this year.
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
The decision from U.S. District Judge Mary McElroy marks the Justice Department's fifth loss in its attempts to access states' voter registration lists.
President Trump spoke with CBS News Friday in a new telephone interview.
White House officials are leaning on Utah Republicans to further examine ethics concerns regarding a relationship between two key players in a key gerrymandering case, sources told CBS News.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma.
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
President Trump spoke with CBS News Friday in a new telephone interview.
The Trump administration is considering a renewed diplomatic push that could send officials back to Pakistan within days, sources said.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
An environmentalist who survived an assassination attempt spoke during the presentation of a report that documented the killing of 10 activists in Mexico in 2025.
A prehistoric hidden cave and hippo bones found beneath Pembroke Castle could transform understanding of ancient life in Britain, researchers said
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
(Warning: Spoilers ahead!) "CBS Mornings" reveals a surprising twist in Wednesday's "Survivor 50" episode that led to a historic trial council ceremony.
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
Simon Helberg, known for his role as Howard in "The Big Bang Theory," talks about the new show "The Audacity." Helberg plays a developer who is creating an AI companion. He explains what drew him to the role and discusses the show's messages about humanity and technology.
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
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.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Acting head of U.S. Immigration and Customs Enforcement Todd Lyons is planning to leave his post soon, U.S. officials familiar with his plan told CBS News. Camilo Montoya-Galvez reports.
Immigration and Customs Enforcement agent Gregory Morgan Jr. of Temple Hills, Maryland, is facing assault charges for allegedly pointing a gun at two people in Minnesota. CBS News' Jonah Kaplan reports.
An environmentalist who survived an assassination attempt spoke during the presentation of a report that documented the killing of 10 activists in Mexico in 2025.
Arizona Democratic Sen. Ruben Gallego is denying allegations of misconduct after his friend, California Rep. Eric Swalwell, resigned from his post over sexual misconduct accusations. CBS News' Nikole Killion reports.
Florida Republican Rep. Anna Paulina Luna joined CBS News on Thursday with allegations of misconduct linked to Arizona Democratic Sen. Ruben Gallego. Politico's Nicholas Wu joins CBS News with more as Gallego denies the accusations.
"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.
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.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
The Senate gave final passage to a short-term extension of Section 702 of the Foreign Intelligence Surveillance Act, or FISA, on Friday. The measure is a controversial spy authority that allows U.S. intelligence services to collect communications of non-American citizens outside of the U.S. CBS News' Nikole Killion reports.
The shortest-serving U.S. president, William Henry Harrison, spent one month in office. He died of pneumonia, following his almost two-hour-long inaugural speech delivered in the blistering cold without an overcoat and gloves. Historian Sharon McMahon joins to discuss the legacy of Harrison's address.
Iran said it has opened the Strait of Hormuz and President Trump said the regime is very close to making a deal. He told CBS News' Weijia Jiang that Iran had agreed to virtually everything the U.S. pushed for when the war started. CBS News' Imtiaz Tyab and Eleanor Watson report.
President Trump and Iran proclaimed on Friday that the Strait of Hormuz is open. Political strategists Hannah Muldavin and Kevin Sheridan join "The Takeout" with analysis.