Celsius, once a crypto highflier, files for bankruptcy
The crypto firm said most account activity is still "paused." It's unclear whether depositors will get their money back.
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The crypto firm said most account activity is still "paused." It's unclear whether depositors will get their money back.
The first company to deliver an all-electric truck to customers has faced a recent stock plunge that has some questioning if it can avoid bankruptcy. CBS News senior environmental correspondent Ben Tracy reports.
Revlon filed for bankruptcy as the cosmetics giant struggles with supply chain issues, a steep drop in sales during the pandemic and competition from celebrities like Kylie Jenner and Rihanna, who have their own cosmetic lines.
A Delaware bankruptcy court judge has ordered Hertz to release data on auto theft reports filed against its customers. The decision comes after CBS News told the court the public had a right to see that information. CBS News' consumer investigative correspondent Anna Werner reports.
Monday, stocks saw the biggest drop in months due to a Chinese property developer on the brink of bankruptcy. CBS News business analyst Jill Schlesinger explains the impact on the market, what investors should do now and if this will impact the two-day Federal Reserve meeting.
The evidence from Hertz was finally obtained after Herbert Alford spent nearly five years in custody for a murder.
After going bankrupt in February, home furnishings company that launched in 1962 cites "profound impact of COVID-19."
U.S. central bank chief urges Congress to boost relief, saying that a deeper slump "can leave behind lasting damage."