Some Big Lots stores will remain open
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.
Bankruptcy
Big Lots reaches deal to keep hundreds of U.S. stores open
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 says it's filing for bankruptcy protection
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Sen. Warren pushes bill to make it easier to declare bankruptcy
Sen. Elizabeth Warren says Americans seeking debt relief face an overly complicated, costly bankruptcy system.
What may be next after Infowars sale blocked
A federal judge is blocking the sale of Alex Jones' Infowars to the satirical news outlet The Onion. A bankruptcy auction initially forced Jones to sell off the conspiracy theory platform. CBS News legal contributor Jessica Levinson discusses why the judge blocked the sale and what could happen next.
Alex Jones sues The Onion
Conspiracy theorist Alex Jones filed a lawsuit this week to try to block the sale of his right-wing company Infowars to satirical publisher The Onion. CBS News legal contributor Jessica Levinson breaks it down.
Personal bankruptcies are up. When does it make sense to file?
Americans struggling to stay financially afloat should consider debt relief before tapping into retirement accounts, experts say.
What Spirit Airlines bankruptcy means for you
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.
Spirit Airlines bankruptcy and holidays
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections.
Flights not impacted by Spirit bankruptcy
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van Cleave has more on what this news means for air travel.
Spirit Airlines files for bankruptcy
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit says operations will continue as normal for now and flights will not be impacted.
Alex Jones' Infowars purchased by The Onion
The satirical site The Onion has purchased Infowars, the media platform owned by conspiracy theorist Alex Jones. The Onion in its purchase received the support of Sandy Hook families who won over $1.4 billion in a defamation judgment against Jones in 2022. A court had ruled that Jones' assets, including the media company, had to be sold to compensate the families. Lilia Luciano reports.
How did The Onion's Infowars purchase happen?
The satirical news company The Onion bought the right-wing media outlet Infowars at a bankruptcy auction. CBS News' Lilia Luciano reports on why the acquisition happened and what they plan on doing with the platform.
TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Tupperware files for bankruptcy
Tupperware and some of its subsidiaries have filed for bankruptcy after huge losses. The 78-year-old company has struggled with falling demand and cheaper competition, warning last year that it was at risk of going bust without emergency funds.
Steward Health Care CEO skips Senate hearing
Steward Health Care CEO Ralph de la Torre is facing a contempt of Congress vote after failing to appear at a Senate hearing Thursday. The Senate Committee on Health, Education, Labor and Pensions accuses de la Torre of financially benefiting from the bankruptcy of his company. CBS News chief medical correspondent Dr. Jon LaPook joins to discuss the impact of Steward's bankruptcy on patients and hospitals.
Discount retailer Big Lots declares bankruptcy, citing inflation
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Red Lobster closing nearly two dozen more restaurants. Here's where.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
LL Flooring files for bankruptcy. Here are the stores that are closing.
Here are the stores that LL Flooring will close after filing for bankruptcy. The locations are currently holding closing sales.
Judge dismisses Giuliani bankruptcy case, clearing way for creditors
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
How Detroit is bouncing back after decline
More than a decade after Detroit filed for bankruptcy, the city has seen the first increase in population since 1957, and with it a slew of new businesses. Axios Detroit reporter Annalise Frank joins to discuss.
Alex Jones ordered to liquidate assets to pay for Sandy Hook damages
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge orders Alex Jones to liquidate assets
A federal judge in Texas has ordered the liquidation of right-wing conspiracy theorist Alex Jones' personal assets. Jones attended a hearing Friday over how he will cover the $1.5 billion he owes to the families of Sandy Hook shooting victims. CBS News' Omar Villafranca reports.
Red Lobster files for Chapter 11 bankruptcy protection
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
Live
Trump threatens Iran strikes, says it's too soon for new direct talks
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Blanche: Obama's concerns about DOJ targeting Trump critics are "extraordinarily rich"
Acting Attorney General Todd Blanche denied to CBS News that the Justice Department is engaging in a retribution campaign against President Trump's critics, pushing back on criticism from Barack Obama.
Judge denies Fulton County's request to return 2020 ballots seized by FBI
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Lutnick's testimony in Epstein probe earns harsh criticism from Democrats
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
Ted Turner, media tycoon who founded CNN, dies at age 87
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Suspect arrested in Oklahoma party shooting that killed 1, injured 22
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people wounded.
Kentucky Derby winner skipping Preakness Stakes, won't make Triple Crown run
The last time a horse won the Triple Crown was in 2018.
U.S.
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Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Judge denies Fulton County's request to return 2020 ballots seized by FBI
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
Suspect arrested in Oklahoma party shooting that killed 1, injured 22
Police said they have arrested an 18-year-old in connection with a shooting Sunday during a party that left one woman dead and 22 other people wounded.
Retired special forces soldier accused of shooting wife in Tennessee found dead
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
Kentucky Derby winner skipping Preakness Stakes, won't make Triple Crown run
The last time a horse won the Triple Crown was in 2018.
MoneyWatch
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iPhone owners could get up to $95 from a new Apple settlement
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
Food manufacturer Cento is committing "tomato fraud," lawsuit alleges
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Gas prices top $4.50 a gallon, reaching highest level since July 2022
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
Ted Turner, media tycoon who founded CNN, dies at age 87
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
Fruit-flavored e-cigarettes for adults OK'd by FDA in major shift under Trump
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Politics
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Rudy Giuliani out of ICU after hospitalization for pneumonia
Former New York City Mayor Rudy Giuliani has now left the intensive care unit, his spokesperson said, after being hospitalized with pneumonia.
Jeffrey Epstein's possible suicide note released by judge
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
Blanche: Obama's concerns about DOJ targeting Trump critics are "extraordinarily rich"
Acting Attorney General Todd Blanche denied to CBS News that the Justice Department is engaging in a retribution campaign against President Trump's critics, pushing back on criticism from Barack Obama.
Judge denies Fulton County's request to return 2020 ballots seized by FBI
A federal judge in Georgia denied a motion by officials in Fulton County, Georgia, to return ballots and other materials from the 2020 election that were taken by the FBI earlier this year.
FBI searches office of Virginia lawmaker who helped lead redistricting effort
An FBI spokesperson said in a statement that an investigation is ongoing and there is no threat to public safety.
HealthWatch
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HealthWatch
What's the hantavirus risk to the public?
A deadly strain of hantavirus broke out aboard a cruise ship for the first time, with more than 150 people on board. With three deaths among eight confirmed cases so far, Dr. Céline Gounder discusses the wider risks.
What's next for those aboard cruise ship?
Investigators are racing to control a deadly outbreak of hantavirus, the first ever recorded on a cruise ship. More than 140 people are still on board, including 17 Americans. Tom Hanson reports.
3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
Fruit-flavored e-cigarettes for adults OK'd by FDA in major shift under Trump
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
What we know about cruise hantavirus outbreak
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
World
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3 evacuated from hantavirus cruise as Spain says it will dock in Tenerife
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
13-year-old student kills 2 women at school in Brazil
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Live
Trump threatens Iran strikes, says it's too soon for new direct talks
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
3 killed in U.S. strike on suspected drug boat in eastern Pacific, Pentagon says
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
Trump pauses Project Freedom in Strait of Hormuz to see if Iran deal can be struck
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
Entertainment
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Entertainment
How Ted Turner transformed media
Ted Turner, who died on Wednesday at age 87, was a global media titan. Amol Sharma, a financial editor for The Wall Street Journal, joins CBS News with more insight.
How Ted Turner changed TV
Media mogul and CNN founder Ted Turner has died at 87, according to a statement from Turner Enterprises. Michael Schneider, Variety's executive editor of TV, joins with more.
Anthony Mason launches YouTube show
CBS News' Anthony Mason is launching a new YouTube show called "Alchemy with Anthony Mason." It's a long-form interview program celebrating artists and the creative process.
Obama tells Colbert what he worries about in today's politics
In an interview on "The Late Show with Stephen Colbert," former President Barack Obama had some pointed words about the power of the executive branch.
Nathan Lane on fulfilling lifelong dream
Actor Nathan Lane, who stars in the play "Death of a Salesman," was nominated for his seventh Tony Award. He spoke to "CBS Mornings" about why it was a lifelong dream for him to star in the play and his personal connection to his character.
Technology
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Technology
Autonomous cars to be ticketed in California
Autonomous cars in California will no longer be immune to traffic tickets once a new law takes effect in July. CNET editor-at-large Scott Stein joins CBS News to discuss this and other top technology stories of the day.
iPhone owners could get up to $95 from a new Apple settlement
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
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.
Employers are demanding AI skills. What's the best way to learn them?
Career experts say workers and job seekers should take charge of their own AI education. Here's how to get started.
OpenAI co-founder's diary surfaces in Musk trial
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
Science
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Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
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Crime
Possible Epstein suicide note released
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.
Retired special forces soldier accused of shooting wife in Tennessee found dead
Craig Berry, 53, was found dead on Wednesday of an apparent gunshot wound, the Stewart County Sheriff's Office said.
Driver accused of chasing child on sidewalk
A woman in Washington state is accused of trying to run over a child on an e-bike. Police say she later attempted to break into a home. The child was not harmed in the incident and the woman is now facing felony charges.
New development in Lynette Hooker case
Authorities are looking for the owners of a sailboat as they continue to investigate the disappearance of Lynette Hooker, the American who went missing in the Bahamas while sailing last month. Cristian Benavides reports.
13-year-old student kills 2 women at school in Brazil
A 13-year-old student admitted carrying out the attack at the public school Instituto Sao Jose in Rio Branco, officials said.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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
More Latest CBS News Videos
Latest CBS News Videos
Breaking down Spirit's liquidation process
A lawyer for bankrupt Spirit Airlines said the rising cost of fuel "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a sense of urgency to expedite the liquidation process because lawyers say it would benefit creditors and customers. Bob Allen, managing editor of Nomadic Aviation Group, which handles private flight operations for the aircraft leasing industry, joins "The Daily Report" to discuss.
Possible Epstein suicide note released
A judge on Wednesday ordered the release of an apparent suicide note possibly written by the late convicted sex offender Jeffrey Epstein. CBS News has not independently verified the note. Anna Schecter has the latest.
Pope Leo gets hung up on by customer service
Not even Pope Leo, living one of the most exceptional lives on the planet, can avoid the frustrating dealings with customer service. Tony Dokoupil has the story.
What's the hantavirus risk to the public?
A deadly strain of hantavirus broke out aboard a cruise ship for the first time, with more than 150 people on board. With three deaths among eight confirmed cases so far, Dr. Céline Gounder discusses the wider risks.
Looking back on CNN founder Ted Turner's life
Ted Turner died on Wednesday. He turned a single tiny television station in Atlanta into an empire on cable, founding CNN, TBS and TNT. He was also a celebrity in his own right, married to movie star Jane Fonda. Lee Cowan looks back on his life.