Joann files for bankruptcy amid consumer pullback and higher costs
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
With medical debt standing as one of the leading causes of bankruptcy in America, hip-hop icon Chuck D is teaming up with Fat Joe, the Foo Fighters and others to push for more price transparency in the health care system. Chuck D joined CBS News to talk about "Power to the Patients."
Less than a week ago, a judge ordered Rudy Giuliani to pay $146 million as part of a defamation lawsuit. Now, he's filed for bankruptcy. CBS News chief election and campaign correspondent Robert Costa has the latest.
Former New York City Mayor Rudy Giuliani filed for bankruptcy protection Thursday after a Washington jury ordered him to pay $146 million to two Fulton County, Georgia, election workers for defamation. Robert Costa reports.
The conspiracy theorist has proposed paying the families of Sandy Hook victims a fraction of the nearly $1.5 billion which they were awarded in judgements against him.
Families of those killed in the Sandy Hook Elementary School shooting have made an offer to Alex Jones to pay only a fraction of the $1.5 billion in legal judgments they won against him.
The shared office space company WeWork, which was at one time valued at $47 billion, has filed for bankruptcy protection.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Rite Aid filed for bankruptcy Sunday after ballooning debt and opioid-related lawsuits led to a more than 80% drop in stock prices.
In 1989, Mitchell Gold and Bob Williams founded a furniture store bearing their names. The company became an American success story until last month, when the company went bankrupt. Now, $50 million in customer deposits have vanished. Brook Silva-Braga has the story.
Despite emerging from bankruptcy in 2020, century-old retailer faces major challenges rebuilding its business.
The Archdiocese of San Francisco joins a growing list of dioceses across the United States that have filed for protection under the bankruptcy laws.
The Archdiocese of San Francisco is officially filing for Chapter 11 bankruptcy in the wake of numerous claims of child sexual abuse allegedly committed by priests filed against it, according to an announcement Monday.
The Supreme Court has blocked for now a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family.
The trucking company laid off employees and ceased operations last week, in preparation of the bankruptcy filing.
After filing for bankruptcy earlier this year, Bed, Bath & Beyond has been relaunched as an online store by Overstock.com. Insider senior reporter Dominick Reuter explains.
The nearly 100-year-old trucking company Yellow is shutting down and filing for bankruptcy, putting some 30,000 out of work.
The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.
"We loved the brand, hated the business model," CEO says of bankrupt company whose assets Overstock recently purchased.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
The electric vehicle company has sought bankruptcy protection amid its lawsuit against its former investor.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
Online media company known for its edgy lifestyle content and documentaries was once valued at $5.7 billion.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Bed Bath & Beyond officially filed for bankruptcy protection, the company announced Sunday. The filing said that all brick-and-mortar stores, including 120 Buy Buy Baby locations, will close by the end of June. Roxana Saberi reports.
Hundreds of people have been arrested in California, New York, Massachusetts, Texas, Georgia and other states during the tense protests on college campuses.
The Supreme Court convened to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
A former high school athletic director was arrested Thursday morning after allegedly using artificial intelligence to impersonate the school principal in a recording that included racist and antisemitic comments.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
The petitions are the latest in the effort for Ryan Corbett's release.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Ryan Watson, who faces a possible 12-year prison sentence after ammo was allegedly found in his carry-on, said he feels " incredibly blessed that people have been responding in such a powerful way."
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Visitors will have to pay five euros, a fee designed to offset some of the costs of accommodating tourists.
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.
Senate Minority Leader Mitch McConnell appears on "Face the Nation" as pro-Palestinian protests roil American politics.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
The petitions are the latest in the effort for Ryan Corbett's release.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
Coal-fired power plants would have to capture smokestack emissions or shut down under a new EPA rule the industry says would make the grid less reliable. It's likely to face court challenges.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
Don't brush your teeth after breakfast? Or after vomiting? Dentists say it can wear away your enamel. Here's what to do instead.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
For the first time, surgeons at NYU Langone Health performed a combined mechanical heart pump and gene-edited pig kidney transplant into a living person.
The USDA had floated banning flavored milk options from some school lunches.
Ryan Watson, who faces a possible 12-year prison sentence after ammo was allegedly found in his carry-on, said he feels " incredibly blessed that people have been responding in such a powerful way."
The petitions are the latest in the effort for Ryan Corbett's release.
A cross unearthed in eastern Poland likely belonged to an outcasted Russian religious community around 300 years ago.
Hundreds of people have been arrested in California, New York, Massachusetts, Texas, Georgia and other states during the tense protests on college campuses.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Taylor Swift fans have found a way to feel "a little bit closer to" their hero at a London watering hole, and The Black Dog pub is lapping it up.
U.S. regulators are reviving a rescinded rule, laying the groundwork for for a major court fight with the broadband industry.
Meta began rolling out its new AI-powered smart assistant software, saying it will be integrated across Instagram, Facebook and Messenger. Adam Auriemma, editor-in-chief for CNET, joined CBS News to discuss the new tool.
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.
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.
"Although to some, the noise is annoying, they pose no danger to humans or pets," the sheriff wrote. "Unfortunately, it is the sounds of nature."
The White House is considering declaring a national climate emergency to unlock federal powers and stifle oil development, according to a Bloomberg report. Meanwhile, the Biden administration is announcing several projects this Earth Week. Columbia University Climate School professor Dr. Melissa Lott joins with analysis.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
The State of New York Court of Appeals overturned Harvey Weinstein's 2020 rape conviction Thursday and has ordered a new trial. Julie Rendelman, a criminal defense attorney, and CBS News national correspondent Jericka Duncan look at the possible reasons why it was overturned and what it means for Weinstein, who was also convicted of rape in Los Angeles in 2022.
A New York appeals court overturned Harvey Weinstein's 2020 conviction on felony sex crimes. The court ruled that the disgraced movie mogul did not have a fair trial because the judge who presided over the case allowed women to testify about allegations that were not part of the charges against him. Weinstein will remain in prison because of his rape conviction in Los Angeles.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
A former high school athletic director was arrested Thursday morning after allegedly using artificial intelligence to impersonate the school principal in a recording that included racist and antisemitic comments.
William Ray Grimes was indicted on charges of murder and burglary in the 2012 slaying of Lowell Badger, police said.
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
An Arizona grand jury has indicted 18 people, including several allies of former President Trump such as Rudy Giuliani and Mark Meadows, over an alleged attempt to alter the results of the 2020 presidential election. CBS News' Shawna Mizelle reports.
Testimony continued Thursday in former President Donald Trump's criminal "hush money" trial. David Pecker, the former publisher of the National Enquirer, detailed alleged efforts to suppress stories involving adult film star Stormy Daniels. CBS News' Errol Barnett reports.
The 2024 NFL Draft kicks off in Detroit on Thursday, and all eyes will be on USC quarterback Caleb Williams, who is expected to be the first overall draft pick. NFL on CBS reporter Aditi Kinkhabwala joins CBS News with more.
Police and protesters are clashing at U.S. college campuses as fears of antisemitism and Islamophobia grow among students and faculty members. Gelila Negesse, a senior staff writer for the Columbia Daily Spectator, joins CBS News with more.
A new video released by Hamas appears to show Hersh Goldberg-Polin, an Israeli-American hostage taken during the Oct. 7 attacks in Israel. His mother, Rachel Goldberg-Polin, tells CBS News' Debora Patta what it was like hearing her son's voice.