Johnson & Johnson talc powder spinoff files for bankruptcy
Women have filed thousands of lawsuits against J&J, claiming its talcum powder caused ovarian cancers. Billions are now at stake.
Chapter 11 Bankruptcy
Bankrupt companies gave bonuses to top execs before going belly up
42 companies awarded millions in "retention" bonuses in the days leading up to their bankruptcies last year, the GAO reports.
Friendly's files for bankruptcy
Iconic chain known for its ice cream will sell most of its assets to an investor group and restaurant operator.
Brooks Brothers finds suitors in $325 million sale
At least 125 of the iconic clothier's retail locations will remain open as part of the deal.
Ann Taylor and Lane Bryant stores are now bankrupt
Ascena Retail Group to close all its Catherines stores along with some Lane Bryant, Loft and Ann Taylor locations.
Bankruptcies surging as coronavirus levels U.S. economy
Corporate filings for Chapter 11 shot up 26% during the first six months of 2020 compared with the year-ago period.
Hertz files for bankruptcy protection
By the end of March, Hertz Global Holdings Inc. had racked up $18.7 billion in debt with only $1 billion of available cash.
Pier 1 going out of business and closing all 540 stores
After going bankrupt in February, home furnishings company that launched in 1962 cites "profound impact of COVID-19."
Forever 21 files for bankruptcy
Forever 21, a one-time destination for shoppers that fell victim of its own rapid expansion and changing consumer tastes, filed for Chapter 11 bankruptcy protection Sunday. The privately held company based in Los Angeles said it will close up to 178 stores. CBSN Los Angeles reports.
Murray Energy files for bankruptcy protection
Ohio-based Murray Energy filed for Chapter 11 bankruptcy reorganization Tuesday. Former CEO Robert Murray said the move was necessary to access liquidity and best position the company for long-term success.
Boy Scouts' bankruptcy filing is "an admission of guilt," alleged victim says
Ralph Morse said his brother died of alcoholism "because of the abuse" from their Boy Scout leader.
Payless ShoeSource emerges from bankruptcy
The discount shoe chain said it will focus on e-commerce in the U.S. and stores in Latin America and Asia markets.
Celadon biggest of nearly 800 truck company failures this year
Truck company bankruptcies and abandoned drivers: It's "been happening a lot in 2019," said one industry attorney.
Celadon bankruptcy strands some 3,000 truckers
Celadon Group enters bankruptcy just days after two former officials at trucking giant were charged in a fraud scheme.
America's largest milk producer files for bankruptcy
As consumers have become more conscious about the environment, health and animal welfare, the dairy industry has suffered
Coal giant Murray Energy, big Trump backer, files for bankruptcy
The largest privately owned U.S. coal company is trying to dig itself out of $3 billion in debt it can't repay
Forever 21 files for bankruptcy
The privately held company based in Los Angeles says it will close up to 178 stores
Charming Charlie to close all 261 stores after 2nd bankruptcy
The accessories and clothing retailer expects to wrap up its going-out-of-business sales by the end of next month
Gun seller United Sporting goes bust, partly blaming Trump's election
The 85-year-old company anticipated that increased weapons sales would follow a victory by Hillary Clinton in 2016
Sears sues former chairman Eddie Lampert
The once-mighty retailer alleged its former billionaire chairman stripped the company of more than $2 billion in assets
Purdue Pharma may declare bankruptcy
Drugmaker Purdue Pharma, which makes Oxycontin, said to be weighing a Chapter 11 bankruptcy filing over its potential legal liability for opioid deaths.
Payless files for bankruptcy, closing 2,500 North American stores
Less than two years after a first bankruptcy and reorganization, it says the stores will be shuttered soon
Charlotte Russe in bankruptcy, will close stores
Failed merchandising efforts and declining sales force fashionistas at Charlotte Russe to seek bankruptcy protection
Sears creditors allege Eddie Lampert lining "own pockets"
Legal challenge by committee pushing to liquidate retailer's remaining assets, including 425 stores that employ 45,000
Gymboree closing all of its stores as retailer declares bankruptcy
Kids' clothing retailer goes bust for second time in two years, while selling high-end apparel chain Janie and Jack
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Iran attacks U.S. allies as 3 American soldiers killed in escalating war
Iran attacks Bahrain, Kuwait, Jordan and a ship in the Strait of Hormuz as at least 3 U.S. forces are killed and dozens wounded in the escalating conflict.
Hegseth, Caine to testify before Senate panel amid escalating Iran war
Defense Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, will testify before a Senate committee amid escalations in the war with Iran in recent days.
Tropical Storm Bertha strengthens, threatening Gulf Coast. See its path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
Trump admin. halts $1 billion in Medicaid payments to California, Minnesota
Health and Human Services Secretary Robert F. Kennedy Jr. said his agency is pausing $867.5 million in Medicaid payments to California and $199 million to Minnesota.
Appeals court denies Biden bid to block release of tapes with biographer, for now
An appeals court denied former President Joe Biden's attempt to keep the Justice Department from giving a conservative think tank redacted transcripts and audio recordings of conversations with his biographer.
Key Arizona primaries to watch today
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
How much wealth you need to thrive based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Melinda French Gates on perimenopause: It took 3 doctors to diagnose me
Melinda French Gates talked about menopause and her philanthropic focus on women's health in the debut episode of Norah O'Donnell's "Healthful" podcast.
U.S.
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GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
How much wealth you need to thrive based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Man attacked by bison recalls terrifying encounter: "He could have gored me"
Carl Isom-McDaniel was on a walk with his grandson at Yellowstone National Park earlier this month when a bison suddenly charged at him and threw him 8 feet into the air.
Hegseth, Caine to testify before Senate panel amid escalating Iran war
Defense Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, will testify before a Senate committee amid escalations in the war with Iran in recent days.
Trump admin. halts $1 billion in Medicaid payments to California, Minnesota
Health and Human Services Secretary Robert F. Kennedy Jr. said his agency is pausing $867.5 million in Medicaid payments to California and $199 million to Minnesota.
MoneyWatch
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GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
How much wealth you need to thrive based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Novo Nordisk sues Eli Lilly, accusing it of false advertising
The lawsuit alleges that Eli Lilly misled consumers by using outdated clinical trial data to make its drugs appear more effective than Novo's.
Ford recalls nearly 388,000 vehicles over seat issue
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Politics
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Hegseth, Caine to testify before Senate panel amid escalating Iran war
Defense Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, will testify before a Senate committee amid escalations in the war with Iran in recent days.
Trump admin. halts $1 billion in Medicaid payments to California, Minnesota
Health and Human Services Secretary Robert F. Kennedy Jr. said his agency is pausing $867.5 million in Medicaid payments to California and $199 million to Minnesota.
2 more convictions tossed in plot to kidnap Michigan Gov. Whitmer
A state appeals court has set aside convictions for two men involved in a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer.
Appeals court denies Biden bid to block release of tapes with biographer, for now
An appeals court denied former President Joe Biden's attempt to keep the Justice Department from giving a conservative think tank redacted transcripts and audio recordings of conversations with his biographer.
Supreme Court will review Alaska's bid to seize plane over 6-pack of beer
The pilot, Kenneth Jouppi, argues that taking his 1969 Cessna would violate the Eighth Amendment's "Excessive Fines Clause."
HealthWatch
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GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Melinda French Gates on perimenopause: It took 3 doctors to diagnose me
Melinda French Gates talked about menopause and her philanthropic focus on women's health in the debut episode of Norah O'Donnell's "Healthful" podcast.
Melinda French Gates on perimenopause
Melinda French Gates recalled to Norah O'Donnell on "Healthful" that she started getting perimenopause symptoms in her early 40s. "I kind of couldn't believe it because I just finished having my last child in my late 30s," French Gates said. French Gates added it took three doctors to diagnose her symptoms and to get her the right treatments.
FDA says it's still investigating Taylor Farms
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
Severely ill prisoners granted early release are left stuck behind bars
Prisoners with severe medical conditions can be granted compassionate release, but without a long-term care facility willing to accept them, many continue to wait in prison as their conditions worsen.
World
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Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
U.S. soldier killed in Iraq identified as 30-year-old from North Carolina
Sgt. Michael Emmanuel Swinton, 30, of North Carolina, was "decommissioning ammunition and an accident happened," Secretary of State Marco Rubio said.
Tourists stabbed near famed Acropolis in Athens, Greece
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Entertainment
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Entertainment
Josh Duhamel talks "Ransom Canyon"
Josh Duhamel talks with "CBS Mornings" about starring in "Ransom Canyon," how much he knew about ranch life before the show and his growing family.
Oprah expanding her podcast
Oprah Winfrey announced she's expanding her podcast, "The Oprah Podcast." Starting on Tuesday, two new episodes will drop weekly. She spoke to "CBS Mornings" co-host Gayle King about her decision and revealed more about the guests she's had appear on the podcast.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Judge pauses in Paramount-WBD merger
A judge has granted a temporary restraining order to temporarily block the Paramount Skydance-Warner Bros. Discovery merger from happening. CBS News' Jake Rosen reports. Paramount Skydance is the parent company of CBS News.
Christopher Nolan describes challenges of creating "The Odyssey"
"The Odyssey," which was shot in six countries, pulled in more than $260 million worldwide over the weekend.
Technology
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Technology
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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.
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Science
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Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
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Crime
Timeline of NYC federal building explosion
A veteran was arrested for allegedly setting off fireworks and starting a fire in front of a Manhattan building that houses several federal offices, including ICE, the FBI says. CBS News' Anna Schecter shares more details.
Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Tourists stabbed near Acropolis in Athens
Two Greek American tourists were stabbed near the Acropolis in Athens, Greece, police said. CBS News' Anna Coren has more.
Details emerge on suspect in NYC fire
More details are emerging about the Army veteran accused of starting a fire outside a federal building in lower Manhattan on Monday. CBS News' Tom Hanson has more.
Details of suspect in NYC explosion
A U.S. Army veteran was arrested after he set off fireworks and started a fire outside of a Manhattan building, which houses federal agencies, including ICE, the FBI said. CBS News' Anna Schecter has more details.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Trump meets with Lebanon's President Aoun
President Trump met Tuesday with Lebanese President Joseph Aoun at the White House to discuss the war in Iran, Hezbollah and Israel. CBS News' Nancy Cordes reports.
Trump, Lebanon's Joseph Aoun takes questions
President Trump and Lebanese President Joseph Aoun took questions in the Oval Office on Tuesday, where Mr. Trump spoke about the U.S. strikes against Iran. CBS News' Aaron Navarro has more.
United probes agent's apparent ICE threat
United Airlines is investigating after video captured a confrontation between one of their employees and a passenger last week in San Francisco. The United agent appears to threaten the passenger with a call to ICE. CBS News' Kris Van Cleave reports.
Johnson urges lawmakers to pass voter bill
House Speaker Mike Johnson pushed for lawmakers to pass the controversial SAVE America Act before the monthlong congressional recess begins July 27. CBS News' Nikole Killion has more.
Timeline of NYC federal building explosion
A veteran was arrested for allegedly setting off fireworks and starting a fire in front of a Manhattan building that houses several federal offices, including ICE, the FBI says. CBS News' Anna Schecter shares more details.