Launched to great fanfare, Lordstown Motors is already bankrupt
The electric vehicle company has sought bankruptcy protection amid its lawsuit against its former investor.
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The electric vehicle company has sought bankruptcy protection amid its lawsuit against its former investor.
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.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Customers of Binance, the biggest crypto exchange, withdrew billions in funds this week. The company says it's safe.
Once hailed as a genius, the 30-year-old MIT grad now faces multiple charges of fraud following the collapse of his crypto firm.
New crypto exchange chief points to massive failures under Sam Bankman-Fried ahead of House committee hearing.
Former FTX CEO tweeted that he's limited to what he can say and "won't be as helpful" as he would like to be.
DOJ officials want to investigate "allegations of fraud, dishonesty, incompetence, misconduct and mismanagement."
Bankman-Fried, who was once worth $26.5 billion, said he had one working credit card and $100,000 left in a bank account.
Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Bankruptcy court documents offer a glimpse of just how much the Bahamas-based crypto exchange is in debt.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
Bankrupt crypto exchange plagued by "complete absence of trustworthy financial information," CEO John Ray III said.
The former FTX CEO tweeted a series of cryptic comments, adding that his "memory might be faulty in parts."
"People are going to be waiting on the sidelines for a very long time," said one law professor of the exchange's account holders.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
One of the world's most prominent cryptocurrency exchanges suddenly crashed and burned. Here's what happened.
World's third-largest cryptocurrency exchange spent big on Super Bowl ads and stadium names. Now it's trying to survive.
Women have filed thousands of lawsuits against J&J, claiming its talcum powder caused ovarian cancers. Billions are now at stake.
42 companies awarded millions in "retention" bonuses in the days leading up to their bankruptcies last year, the GAO reports.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
A federal judge granted a Justice Department request to unseal grand jury transcripts from a federal investigation in Florida into convicted sex offender Jeffrey Epstein.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
The man suspected of planting pipe bombs outside the RNC and DNC headquarters in 2021 was ordered detained in his first appearance in federal court.
In July 2019, Minnesota state officials spotted early signs of fraud that would eventually siphon away more than $1 billion in taxpayer money, sources told CBS News.
Kerrville Police Chief Chris McCall warned that the calls received by dispatchers are distressing.
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
The man suspected of planting pipe bombs outside the RNC and DNC is believed to be a Trump supporter and has been speaking with investigators, multiple sources told CBS News.
A federal judge granted a Justice Department request to unseal grand jury transcripts from a federal investigation in Florida into convicted sex offender Jeffrey Epstein.
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
The royal symbol on the newly discovered figurines solves a long-standing mystery by identifying who was buried in the sarcophagus.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
After a number of drone sightings near European airports and military bases, mysterious aircraft were seen over Ireland as Ukraine's Zelenskyy visited.
The Trump administration says societal threats mean some European nations may not be "strong enough to remain reliable allies."
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Eleven exclusive 2026 Golden Globes categories will be revealed Monday at 8:30 a.m. ET, only on "CBS Mornings."
The New York Times bestselling author returns to the village of Mitford in her 15th novel featuring Father Tim Kavanagh.
Amy Allen, who is up for four Grammys, including songwriter of the year, sits down with Anthony Mason to talk about how she went from a nursing student to writing Grammy-nominated hits for Sabrina Carpenter and other pop stars.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
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.
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Prosecutors have released new surveillance footage showing the lead-up to the shooting of UnitedHealthcare CEO Brian Thompson and the immediate aftermath. CBS News legal reporter Katrina Kaufman has the latest.
Basketball legend Michael Jordan is expected to testify in an antitrust case against NASCAR. CBS News' Skyler Henry reports.
Luigi Mangione, the man who faces a New York state trial over the death of UnitedHealthcare CEO Brian Thompson, did not attend his pretrial hearing because he's sick, the court announced Friday. CBS News' Katrina Kaufman has the latest.
The Pentagon announced a new strike and the deaths of four people aboard a boat apparently carrying drugs in the Pacific Ocean. CBS News' Eleanor Watson reports.
A federal grand jury refused to re-indict Letitia James, the New York attorney general, after a judge threw out earlier fraud charges against her. Reuters reporter Sarah Lynch joins CBS News with more.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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.
The groups for the 2026 FIFA Men's World Cup are set. CBS Sports Golazo Network analyst and former USMNT player Charlie Davies joins with his takeaways from Friday's draw.
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
Prosecutors have released new surveillance footage showing the lead-up to the shooting of UnitedHealthcare CEO Brian Thompson and the immediate aftermath. CBS News legal reporter Katrina Kaufman has the latest.
Parents who lost their daughter to suicide say Character.AI chatbots led her down a dark and sexually explicit path. Sharyn Alfonsi investigates the scale and dangers of what's unfolding inside this rapidly growing AI technology.
When Scott Pelley profiled Gehry in 2002, his introduction said it all: "You may not know the man, but if you've ever seen a building designed by Frank Gehry, you'll never forget it. Gehry is to architecture what Einstein was to physics, what Picasso was to painting, what Jordan is to basketball." The celebrated and controversial architect has died at the age of 96.