Overstock CEO on the "taint" of Bed Bath & Beyond's name
"We loved the brand, hated the business model," CEO says of bankrupt company whose assets Overstock recently purchased.
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"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.
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.
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Stelson narrowly lost to Perry in 2024 in a district that became more competitive after redistricting nearly a decade ago.
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
Rep. Mike Collins has advanced to a runoff in the Georgia GOP primary for Senate, CBS News projects, as Republicans vie for an opportunity to take on Democratic Sen. Jon Ossoff.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
One Republican lawyer close to the administration told CBS News that they expect the fund to face court challenges even though "a lot of people in MAGA world are already counting their money."
The NTSB also revealed that the crew of the crashed jet had been reassigned to it after their original plane was taken out of service.
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
The imam of a San Diego mosque that was targeted in Monday's shooting told CBS News that his community has seen a rise in "Islamophobia and anti-Muslim sentiment" in recent years.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Rep. Mike Collins has advanced to a runoff in the Georgia GOP primary for Senate, CBS News projects, as Republicans vie for an opportunity to take on Democratic Sen. Jon Ossoff.
Stelson narrowly lost to Perry in 2024 in a district that became more competitive after redistricting nearly a decade ago.
Pennsylvania voters went to the polls on Tuesday, casting their votes for Republican and Democratic candidates in congressional, gubernatorial and local races.
CBS News was unable to determine what type of mines were in involved in this latest assessment.
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
An American medical missionary in the Democratic Republic of the Congo was evacuated after testing positive for Ebola.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Iranian state media showed wedding ceremonies in Tehran for dozens of couples said to have volunteered for "self-sacrifice" in the war with the U.S.
Sana Yousaf's murder in June drew nationwide condemnation and reignited debate over women's safety.
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
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.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Imam Taha Hassan of the Islamic Center of San Diego tells CBS News about the beloved security guard and members of his mosque who died "sacrificed their lives for the entire community" during Monday's shooting.
Investigators gave an update Tuesday on Monday's deadly shooting at a mosque in San Diego. CBS News' Lana Zak and Anna Schecter have the latest.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
CBS News projects that Andy Barr will win the Republican primary for Kentucky Senate. CBS News' Aaron Navarro, Caitlin Huey-Burns and Nikole Killion have more.
Some Alabama primary races were postponed from Tuesday due to the redrawing of the state's congressional map. CBS News' Jan Crawford and Anthony Salvanto, along with Sabato's Crystal Ball managing editor Kyle Kondik, take a look at how redistricting efforts are changing primary battles across the country.
A manhunt for an armed suspect in Fulton County, Georgia, forced a polling location to close on Tuesday, delaying election officials from reporting results. CBS News' Skyler Henry and Anthony Salvanto have the latest.
Republican Rep. Thomas Massie of Kentucky on Tuesday night conceded his House primary race to Ed Gallrein, President Trump's candidate of choice. CBS News senior White House and political correspondent Ed O'Keefe joins from Massie's watch party with more. Then, political strategists Terry Sullivan and Joel Payne join with analysis.
A cop from the United Kingdom was in Nashville when he happened upon a struggle between a man trying to take a police officer's gun. Tony Dokoupil has the details on what happened next.