Trump Media replaces CEO Devin Nunes as its losses top $1 billion
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
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The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
House Democrats have released their findings from the impeachment investigation into President Trump's dealings with the Ukranian government. CBS News' chief Washington correspondent Major Garrett, Washington Post congressional reporter Mike DeBonis, and Kim Wehle, a CBS News legal analyst and law professor at the University of Baltimore, spoke to CBSN's "Red & Blue" about the new developments from the report.
Congressman Jim Himes, a Democrat on the House Intelligence Committee, says Republican Ranking Member Devin Nunes pushed debunked conspiracy theories on Ukraine and Russia during the impeachment inquiry hearings.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes made closing remarks Wednesday following the testimony of Fiona Hill and David Holmes.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, and Steve Castor, senior investigative counsel for Republicans on the panel, questioned Fiona Hill, a former senior director for Russia on the National Security Council, and David Holmes, a diplomat in the U.S. embassy in Kiev, on Thursday, the fifth day of public impeachment hearings.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes made closing remarks Wednesday following testimonies from Laura Cooper, the deputy assistant secretary of defense for Russia, Ukraine and Eurasia, and David Hale, the undersecretary of state for political affairs.
Members of the House Intelligence Committee continued questioning Laura Cooper and David Hale Wednesday evening in the fourth day of public impeachment hearings. Cooper is the deputy assistant secretary of defense for Russia, Ukraine and Eurasia, and Hale is the undersecretary of state for political affairs.
Laura Cooper, the deputy assistant secretary of defense for Russia, Ukraine and Eurasia, and David Hale, the undersecretary of state for political affairs, spoke briefly before being questioned by staff and members. Watch their opening statements in the fourth day of public impeachment hearings.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes gave opening statements Wednesday afternoon during the fourth day of public impeachment hearings. They spoke before lawmakers heard testimony from Laura Cooper, the deputy assistant secretary of defense for Russia, Ukraine and Eurasia, and David Hale, the undersecretary of state for political affairs.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes made closing remarks Wednesday following the testimony of U.S. Ambassador to the EU Gordon Sondland.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, issued a scathing rebuke of Democrats Wednesday and said U.S. Ambassador to the EU Gordon Sondland "is here today to be smeared." Watch his opening statement Wednesday in the fourth day of public impeachment hearings.
Committee members continued their five-minute rounds of questioning, which they could yield to colleagues. They posed questions to Kurt Volker, the former special envoy to Ukraine, and Tim Morrison, the outgoing senior director of European and Russian affairs at the National Security Council and a deputy assistant to the president.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes made closing remarks Tuesday following the testimony of Kurt Volker, the former special envoy to Ukraine, and Tim Morrison, the outgoing senior director of European and Russian affairs at the National Security Council and a deputy assistant to the president
After a recess, House Intelligence Committee Chairman Adam Schiff tacked on two more 15-minute sessions controlled by him and ranking Republican Devin Nunes. They posed additional questions to Kurt Volker, the former special envoy to Ukraine, and Tim Morrison, the outgoing senior director of European and Russian affairs at the National Security Council and a deputy assistant to the president. Then committee members were given five minutes each for questioning.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, and Steve Castor, senior investigative counsel for Republicans on the panel, questioned Tim Morrison and Kurt Volker Tuesday in the third day of public impeachment hearings. Volker is the former special envoy to Ukraine and Morrison is the outgoing senior director of European and Russian affairs at the National Security Council and a deputy assistant to the president.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes gave opening statements Tuesday afternoon during the third day of public impeachment hearings. They spoke before lawmakers heard testimony from Kurt Volker, the former special envoy to Ukraine, and Tim Morrison, the departing senior director of European and Russian affairs at the National Security Council. Watch their opening statements.
House Intelligence Committee Chairman Adam Schiff and ranking Republican Devin Nunes made closing remarks Tuesday following the testimony of Jennifer Williams and Army Lieutenant Colonel Alexander Vindman, who were on the July 25 call between President Trump and Ukraine's president.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, and Steve Castor, senior investigative counsel for Republicans on the panel, questioned Jennifer Williams and Alexander Vindman on Tuesday in the third day of public impeachment hearings. Williams is Vice President Mike Pence's special adviser for Europe and Russia and Vindman is the top expert on Ukraine on the National Security Council.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, slammed the media Tuesday during the third day of public hearings in the House impeachment inquiry. He criticized press coverage of last week's hearings and of the Russia investigation. Watch his opening statement.
California Congressman Devin Nunes, the top Republican on the House Intelligence Committee, and Steve Castor, senior investigative counsel for Republicans on the panel, questioned former U.S. Ambassador to Ukraine Marie Yovanovitch during the second day of public impeachment hearings. Watch the full line of questioning.
Rep. Devin Nunes, the top Republican on the House Intelligence Committee, and counsel Steve Castor spent 45 minutes questioning the top U.S. diplomat in Ukraine, William Taylor, and State Department Deputy Assistant Secretary George Kent in the first day of public impeachment hearings. Watch this full portion of the hearing.
"I'm not here to take one side or the other," said William Taylor, the top U.S. diplomat in Ukraine, as he answered a second round of questions from House Intelligence Committee Chairman Adam Schiff, ranking Republican Devin Nunes and fellow Republican Jim Jordan. They focused on President Trump's interest in having Ukraine investigate Joe Biden and his son Hunter Biden.
On the 15th anniversary of 9/11, "Face the Nation" reflects on the fight against terror, with guests CIA director John Brennan, Rep. Devin Nunes, R-California, CBS News Elections Director Anthony Salvanto, and others.
Federal regulators are now investigating the financing behind former President Trump's new social media startup. CBSN technology reporter Dan Patterson joins "CBSN AM" to break down the investigation and tell us more about the Trump social media venture.
Former top Trump aide faces two counts of criminal contempt of Congress for refusing a subpoena from the House select committee investigation into January 6 Capitol attack.
The U.S. carried out retaliatory strikes against Iran on Friday after Iranian forces hit a cargo vessel in the Strait of Hormuz a day earlier.
The twin earthquakes that hit Venezuela killed more than 900 people, and that toll is likely to keep rising as frantic rescue and recovery operations ramp up.
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
The reading list will take effect starting in 2030.
Authorities are attempting to reduce the pressure on hospitals as the city swelters under extreme heat.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Michigan State Police said law enforcement and Child Protective Services confirmed a report against Pete Buttigieg was unsubstantiated and false.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
U.S. lawmakers recently grilled Jeffrey Epstein's longtime assistant Lesley Groff about Epstein's use of American Express to book travel for multiple women or girls.
In "Regime Change, Inside the Imperial Presidency of Donald Trump," Maggie Haberman and Jonathan Swan describe his fundamentally different approach to running the country.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
Investigators initially suspected food poisoning, but that was quickly dismissed after Turkish media reported that their hotel was dealing with a bedbug infestation.
President Volodymyr Zelenskyy says Ukraine will ramp up attacks on Russia in an operation "aimed at compelling it to end the war."
An 18th-century archaeological dig uncovered a library of intact but charred scrolls. Their contents have been unreadable until recently.
For the United States' 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country's essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here's a sample.
Comedian and entertainer Druski will host the BET Awards on Sunday. At 31, he's the youngest host in the show's history. He gave "CBS Mornings" co-host Nate Burleson a preview of what to expect.
In the lead-up to America's bicentennial in 1976, CBS aired brief segments featuring well-known figures of the time describing moments from early U.S. history. CBS News chief Washington correspondent Major Garrett introduces clips featuring legendary actors William Holden and Joseph Cotten.
The New York Times is reporting that Taylor Swift and Travis Kelce might tie the knot at Madison Square Garden. She has reportedly booked out the arena for the Fourth of July weekend, the rumored wedding date.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
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.
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Nicholas Rossi, 38, was serving at least 10 years in prison in Utah following his convictions in 2025 in two sexual assault cases.
The defense team for Tyler Robinson asked that the death penalty be taken off the table following public comments by prosecutors.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
California Gov. Gavin Newsom called for a national tax on billionaires. Democratic strategist and former Biden adviser John McCarthy and Republican strategist T.W. Arrighi return to "The Takeout" to discuss.
Democratic strategist and former Biden adviser John McCarthy and Republican strategist T.W. Arrighi join "The Takeout" to discuss JD Vance saying Watergate would be a "12-hour news story" if it happened now, the NYC primary results earlier this week, and more.
The U.S. Men's National Team will play Bosnia and Herzegovina in the World Cup knockout round next Wednesday. Former midfielder for the U.S. Women's National Team, Kacey White, joins "The Takeout" with analysis and a preview.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.