Hostage situation at bank building in California ends after suspect shot dead
The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
Watch CBS News
The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
All hostages are safe and a suspect is dead after an hourslong standoff at a bank in California, police said on Wednesday. CBS News correspondent Carter Evans has the details.
The FBI shot and killed a person suspected of holding people hostage at a bank in Bakersfield, California, police said, adding that all hostages are safe. CBS News' Jonathan Vigliotti has the latest.
Police say a suspect has taken at least one hostage at a Chase Bank in Bakersfield, California. CBS News correspondent Carter Evans has the latest.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Officials say they believe everyone is now accounted for after a powerful explosion happened at a building with a bank on the ground floor and apartments above in Youngstown, Ohio, on Tuesday. Multiple people were injured in the explosion, and police say they recovered the body of a missing man.
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
A small business owner lost her life's savings when scammers pretending to be Chase bank employees defrauded her out of $160,000. Chase refused to refund any of her money, saying she did not take appropriate steps to protect her account. Experts say the bank should adopt stricter security measures to protect customers. Anna Werner reports.
The growing trend led to a staggering $8.8 billion in losses last year, according to government data.
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
A large storm system draped across the eastern two-thirds of the U.S. has claimed the lives of several people as severe storms and flooding affected areas from Texas up to the Midwest; and, after defecting from Cuba to the U.S., 21-year-old Josue Justiz has become the Washington Ballet's newest rising star
El Paso suspect claims he was targeting Mexicans in deadly massacre; Cleveland auto mechanic fulfills lifelong dream to become a doctor.
El Paso suspect said he targeted Mexicans; Auto mechanic turns life dream into reality.
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
Target stores offered customers a 10 percent discount in effort to temper some of the backlash caused by the massive data breach that resulted in 40 million customers having their credit card information stolen. Meanwhile, Chase Bank informed about 2 million affected customers it would temporarily limit ATM withdrawals. Terrell Brown reports.
How about a credit card company telling customers their debts are wiped clean? Chase bank is getting out of the credit card business so Thursday night, it said it's ripping up customers' bills and wiping their debts clean.
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
"We don't want people to rule themselves out because they don't think they can get a job here," bank exec says
Banking giant agrees to pay $5 million to male employees denied additional paid time off as primary caregivers
Jamie Dimon, the CEO of the nation's largest bank, is also making a major investment in the nation's capital
Donald Trump vows to repeal the law that created the Consumer Financial Protection Bureau. Here's why that's a huge mistake
If you live in a major U.S. city, opening a checking account can get you up to $400. There are strings attached, of course
"We look forward to beginning technical talks as soon as possible," a White House spokesperson said.
The Trump administration expects to try to revoke the U.S. citizenship of more than 250 foreign-born citizens by October, a Justice Department official said.
Republican Sens. Bill Cassidy, Thom Tillis and Ted Cruz have been critical of the 14-point memorandum of understanding signed on Wednesday.
The Office of Legal Counsel opinion released Thursday said states aren't required by law to integrate mentally disabled patients with their peers by providing community or home-based care.
Luigi Mangione's legal team says they withdrew a psychiatric defense in his New York state murder trial one day after telling the court they would use it.
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
President Trump's efforts to spruce up the Lincoln Memorial Reflecting Pool faced a snag this week, with algae turning the water green while rips appeared in an "American Flag Blue" surface picked by the president.
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
The remnants of Tropical Storm Arthur were battering parts of the southeastern U.S. with heavy rain, sparking flash flooding.
The remnants of Tropical Storm Arthur were battering parts of the southeastern U.S. with heavy rain, sparking flash flooding.
In a ceremony at the White House, the president paid tribute to retired Marine Corps Maj. James Capers Jr., retired Army Maj. Nicholas Dockery and Marine Col. John W. Ripley, who died in 2008.
The Office of Legal Counsel opinion released Thursday said states aren't required by law to integrate mentally disabled patients with their peers by providing community or home-based care.
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Republican Rep. Tom Kean Jr. of New Jersey will return to Congress on June 30, his spokesperson said, after being away since March in an unexplained absence that has confounded Capitol Hill.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
In a social media post, President Trump touted the U.S. government's 10% stake in Intel, noting that it is now worth $60 billion.
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
The U.S. military has attacked a boat accused of smuggling drugs in the eastern Pacific Ocean, killing three people.
President Trump's efforts to spruce up the Lincoln Memorial Reflecting Pool faced a snag this week, with algae turning the water green while rips appeared in an "American Flag Blue" surface picked by the president.
When the U.S.-Iran conflict began, President Trump laid out a litany of aggressive war aims. Here's what the president and his top aides said then — and how their views have changed.
In a ceremony at the White House, the president paid tribute to retired Marine Corps Maj. James Capers Jr., retired Army Maj. Nicholas Dockery and Marine Col. John W. Ripley, who died in 2008.
Dozens of service members at Lackland Air Force Base in Texas have fallen ill with the flu in the weeks since Defense Secretary Pete Hegseth rescinded the vaccine mandate, sources familiar confirmed to CBS News.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
An estimated hundreds of thousands of children, many of them U.S. citizens, have been separated from a parent in the Trump administration's immigration crackdown.
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
The U.S. military has attacked a boat accused of smuggling drugs in the eastern Pacific Ocean, killing three people.
When the U.S.-Iran conflict began, President Trump laid out a litany of aggressive war aims. Here's what the president and his top aides said then — and how their views have changed.
Police in eastern England said a man was arrested on suspicion of attempted murder after a 3-year-old boy "ended up in the crocodile enclosure" at a zoo.
The Pentagon is launching a six-month review of U.S. forces and bases in Europe, Defense Secretary Pete Hegseth said Thursday at a meeting of NATO defense ministers.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.
Myles Smith's career skyrocketed after his hit song "Stargazing" became the biggest song by a U.K. artist worldwide in 2024. Now, he's releasing his debut album, "My Mess, My Heart, My Life," on June 19. Myles Smith joins "CBS Mornings" to discuss his rapid rise to stardom, his first album and his experience touring with Ed Sheeran.
Actress Busy Philipps, 45, spoke up about her late attention-deficit/hyperactivity disorder diagnosis online after realizing she shared symptoms as her young daughter was evaluated and diagnosed. Women are more likely than men to be diagnosed with ADHD later in life, research shows.
In the "CBS Mornings" series "Pushing the Limits," Mark Strassmann shows how a Georgia man's passion for music was almost taken away from him forever after a terrible accident. But thanks to his resilience and technology, the man is now a record-breaking drummer.
British singer-songwriter Myles Smith talks to Anthony Mason about his much-anticipated debut album, "My Mess, My Heart, My Life," growing up in London, his rapid rise to stardom and more.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
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.
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.
When parents and educators in Greystones, Ireland saw children dealing with increasing anxiety, they acted – and took phones out of the equation.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Attorneys for Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, dropped plans for a psychiatric defense in his state case on Thursday. CBS News legal reporter Katrina Kaufman has the details.
Police in eastern England said a man was arrested on suspicion of attempted murder after a 3-year-old boy "ended up in the crocodile enclosure" at a zoo.
Despite spending 18 years in prison for orchestrating the murder of her ex-husband, fashion heir Maurizio Gucci, Patrizia Reggiani may be about to inherit a fortune.
The Long Island architect who lived a secret life as the Gilgo Beach serial killer was sentenced to life in prison without parole on Wednesday. Former Suffolk County Police Commissioner Rodney Harrison, who formed the task force that ultimately led to Rex Heuermann's arrest, joins with analysis.
In a Long Island courtroom Wednesday, Rex Heuermann received three life sentences for choking and dismembering eight women, most of them in his basement, over the course of more than 15 years. The 62-year-old addressed the court before he was sent away. Tom Hanson reports.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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.
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.
Video shows the moment Republican Rep. Mike Rogers of Alabama was pulled away forcefully on the Congress floor after moving toward his fellow Republican Rep. Matt Gaetz on Jan 6, 2023.
The Trump administration has said repeatedly that the memorandum of understanding between Iran and the U.S. is better than the deal negotiated by the Obama administration in 2015. "The Daily Report" breaks down both deals.
CBS News projects Democratic socialist Janeese Lewis George will win the Washington, D.C., mayoral primary. CBS News' Fin Gómez has more.
In the Midwest, a batch of tornadoes touched down, part of a line of storms that shredded buildings and toppled trees. In the South, flash floods stranded folks in their homes and vehicles. Jason Allen reports on water rescues and Rob Marciano has the forecast.
The Supreme Court ruled in favor of a Texas man who challenged a federal law that broadly banned drug users from owning guns. The unanimous decision is a loss for the Trump administration, which had defended the 1968 law. CBS News legal contributor Jessica Levinson breaks it down.