MoneyWatch: Stocks up; Musk buys Twitter
The Dow Jones Industrial Average rose back to even as tech stocks rallied on Monday. Yahoo Finance reporter Alexandra Semenova joins CBS News' Tanya Rivero to recap the stock market's gains.
Elon Musk
U.S. stocks lose momentum
Peter Morici, professor at the Robert H. Smith School of Business at the University of Maryland, joins CBS News' Tanya Rivero and Mola Lenghi to discuss today's stock market activity, as well as the significance of Tesla's record profit during its first quarter.
Musk says he would reverse Twitter's Trump ban
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
Richest Americans have a low "true tax rate"
A new ProPublica analysis of tax data on multibillionaires comes to the conclusion that the richest 25 people in the U.S. have a "true tax rate" of almost nothing.
SpaceX keeps up record launch pace with Starlink launch
SpaceX has launched nearly 3,000 Starlink internet satellites as it builds a globe-spanning network.
SpaceX launches record 32nd Falcon 9 so far this year
SpaceX is on pace to launch more than 50 Falcon 9s by the end of the year.
Twitter posts quarterly loss ahead of Elon Musk legal fight
Fight with Musk taking a toll, but social media company sees nearly 17% gain in users from the previous year.
Twitter can expedite trial against Elon Musk
A Delaware judge is allowing Twitter to expedite its lawsuit against Elon Musk, fast-tracking a trial that is now set for October. The social media giant is looking to force the world’s richest man to complete his $44 billion offer to purchase the company. Elizabeth Dwoskin is the Washington Post’s Silicon Valley correspondent. She joins CBS News for more on this.
Twitter wins early victory in legal fight with Elon Musk
A small but influential court in Delaware could make it harder for the Tesla founder to wriggle out of $44 billion deal.
SpaceX launches 53 Starlinks in 31st Falcon 9 flight this year
SpaceX has now launched nearly 3,000 Starlink internet satellites as it build out its commercial broadband network.
TechWatch: Tech companies upping layoffs
Technology companies have increasingly laid off workers in recent months. CBS News tech reporter Dan Patterson dives into the pattern of more layoffs and slower hiring.
Twitter v. Musk: What to know about their legal battle
The social media platform's lawsuit against the mercurial billionaire will be resolved in a small but powerful Delaware court.
"Eat the Rich" truck sells $10 popsicles shaped like billionaires
The pricey treats are meant to "start a conversation," says artist group selling them. Others call it "peak capitalism."
Twitter stock plunges on prospect of legal battle with Elon Musk
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
7/11: CBS News Mornings
Steve Bannon willing to testify in front of Jan. 6 committee; Tesla CEO says he will back out of $44 billion deal to buy Twitter
Elon Musk, Twitter prepare for legal battle
Twitter is threatening to take legal action against Elon Musk after the Tesla CEO said he is withdrawing from the $44 billion deal to buy the social media platform. Musk said Twitter has not been transparent with him. CBS News reporter Dan Patterson joined "CBS News Mornings" to discuss.
CBS Weekend News, July 9, 2022
Yosemite wildfire forces evacuations; Funeral for Vietnam veteran draws crowds from across Midwest
Elon Musk abandons $44 billion Twitter bid
Tesla CEO Elon Musk announced he’s abandoning his $44 billion dollar bid to buy Twitter and take the publicly traded company private. Michael George explains where the once very public deal stands.
Elon Musk terminating Twitter deal
Elon Musk is withdrawing his offer to buy Twitter, claiming the social media company was in "material breach" of their agreement.
Elon Musk had twins last year with a top executive: report
The twins, born to Musk and Neuralink executive Shivon Zilis, were born shortly before Musk's second child with musician Grimes.
U.S. jobless claims reach 235k, highest in nearly six months
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
SpaceX launches SES communications satellite
The SES-22 relay station is the first of six new satellites that will deliver TV, radio and data across the U.S.
NASA, SpaceX to assess potential Starship threat to Crew Dragon pad
An early Super Heavy-Starship failure could disrupt SpaceX astronaut fights to space station.
Twitter's board urges approval of Musk deal
Elon Musk is once again expressing concerns about purchasing Twitter, even as the company's board of directors is urging its shareholders to approve the sale. CBS News tech reporter Dan Patterson sat down with anchors Tanya Rivero and Elaine Quijano to discuss the world's richest man's latest hesitations with the deal.
Twitter board approves proposed $44B sale of platform to Musk
If the deal, which shareholders need to vote on, were to close now, investors would pocket a profit of $15.22 per share.
Exclusive
Army survivors of deadly attack in Kuwait dispute Pentagon's account
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Exclusive
See messages Brian Hooker sent his friend after wife's disappearance
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
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Trump warns Iran against charging tolls to go through Strait of Hormuz
Only about a dozen ships passed through the Strait of Hormuz in the first two days of the ceasefire, far below normal traffic levels before the war, data shows.
First lady Melania Trump slams "baseless lies" tying her to Jeffrey Epstein
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
White House staff received email warning not to place bets on prediction markets
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
Judge says Pentagon must restore press access
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
First on CBS
California officials make arrests in L.A. hospice fraud crackdown
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
Inside Pam Bondi's aggressive push to crack down on animal cruelty crimes
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
Independence Arch, or "Arc de Trump," plans include taxpayer funds
The president says the arch will commemorate the nation's 250th anniversary.
U.S.
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White House staff received email warning not to place bets on prediction markets
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
Judge says Pentagon must restore press access
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
As Artemis II heads back to Earth, crew is staking their lives on the heat shield
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
Exclusive
See messages Brian Hooker sent his friend after wife's disappearance
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Inside Pam Bondi's aggressive push to crack down on animal cruelty crimes
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
MoneyWatch
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Strait of Hormuz still seeing significantly lower traffic despite ceasefire
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Property taxes are surging. See what homeowners pay by state and county.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
DOJ probing NFL over games on paid platforms, sources say
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
USPS halts contributions to pension plan after warning of "cash crisis"
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
CPI report may show inflation hitting 2024 levels amid soaring gas prices
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Politics
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White House staff received email warning not to place bets on prediction markets
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
Judge says Pentagon must restore press access
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
Inside Pam Bondi's aggressive push to crack down on animal cruelty crimes
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
U.S. to lead ceasefire talks between Lebanon and Israel in D.C.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
First lady Melania Trump slams "baseless lies" tying her to Jeffrey Epstein
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
HealthWatch
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Medicaid work rules will stress states' staffing capacity
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Exclusive
2 more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Social media driving teens toward steroids, extreme body transformations
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
World
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Strait of Hormuz still seeing significantly lower traffic despite ceasefire
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Exclusive
See messages Brian Hooker sent his friend after wife's disappearance
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Putin declares 32-hour ceasefire in Ukraine for Orthodox Easter
Russia's President Vladimir Putin has declared a ceasefire in Ukraine over the Orthodox Easter.
U.S. to lead ceasefire talks between Lebanon and Israel in D.C.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
A man stole a handbag outside a London pub. Inside was a Faberge egg and watch.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
Entertainment
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Entertainment
BTS kicks off comeback world tour
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
How realistic is "Project Hail Mary"?
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
"Survivor 50" castaway talks elimination
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
NASA drops Artemis II moon mission playlist with astronauts' wake-up songs
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Kanye West's upcoming Italy gig sparks debate after U.K. denied rapper entry
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Technology
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Technology
Behind Anthropic's alarming AI model
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Analysis finds AI will reshape 50-55% of jobs
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
Anthropic claims new AI too powerful to release
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
AI will affect more than half of all U.S. jobs, analysis finds
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Crime
Police arrest 21 suspects in hospice fraud case
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man stole a handbag outside a London pub. Inside was a Faberge egg and watch.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
"Ketamine Queen" sentenced to 15 years
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Husband arrested after wife falls overboard
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Doctor found guilty of attempted manslaughter
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Space
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As Artemis II heads back to Earth, crew is staking their lives on the heat shield
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
NASA drops Artemis II moon mission playlist with astronauts' wake-up songs
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
NASA gears up for Artemis II crew's return to Earth
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Artemis II crew on path back to Earth after historic trip around the moon
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
Latest Galleries
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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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Spilling the tea on D.C.'s hottest gossip
Juliegrace Brufke, host of the "Sources Say Podcast" joins Major Garrett for a talk about the hottest gossip coming out of the nation's capital.
4/9: The Takeout with Major Garrett
President Trump says he asked Netanyahu to scale back Lebanon strikes; Melania Trump makes a rare statement denying relationship with Jeffrey Epstein.
What will happen with Artemis II after splashdown
The Artemis II mission is scheduled to splashdown near San Diego Friday evening. CBS News reporter Jared Ochacher has more.
Survivors speak out on deadly Iranian attack
U.S. service members spoke to CBS News' Jonah Kaplan about the deadly Iranian drone strike in Kuwait and recalled the moment an explosion hit the unit. The survivors described the heroism after the war's deadliest strike against the U.S. and disputed the Pentagon's description of the events.
BTS kicks off comeback world tour
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.