Oil giants see profits surge amid Iran war
America's biggest oil companies are reporting massive profits as the Iran war continues to disrupt global energy supplies. CBS News business contributor Javier David joins with analysis.
ExxonMobil
Exxon Mobil, Chevron earnings analysis
Earnings reports for Exxon Mobil and Chevron showed a decrease in profits during the last fiscal quarter due to Iran war disruptions. Despite the loss on paper, both U.S. oil giants topped Wall Street expectations when it came to revenue for the three month period ending March 31. CBS News business contributor Javier David has more.
Trump meets with oil executives
President Trump met with oil executives on Friday after the U.S. military action in Venezuela, but some doubted the viability of revamping the country's oil reserves, which Rystad Energy estimates would take 15 years and billions of dollars.
Trump meets with oil executives to push for investment in Venezuela
President Trump met with major oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
California sues ExxonMobil over plastics recycling
California sued ExxonMobil on Monday, accusing the oil company of misleading the public about plastic recycling. According to the lawsuit, ExxonMobil promoted recycling as a solution for consumers worried about buying more plastic products, while knowing that only about 5% of plastics get recycled. CBS News senior national and environmental correspondent Ben Tracy spoke with California Attorney General Robert Bonta about the lawsuit and what he calls Exxon's "decades-long deception."
California sues ExxonMobil over plastic recycling
California's attorney general has sued ExxonMobil, alleging the oil giant misled the public about the limitations of plastics recycling. Ben Tracy has details.
California lawsuit alleges Exxon misled consumers about plastics recycling
Less than 10% of plastics in the U.S. are recycled.
Houston's plastic waste piles up waiting for "advanced" recycling
Houston seeks to be a national model for plastic recycling. But a program that started in 2022 hasn't yet found its footing.
"Advanced recycling" lagging behind in Houston
So-called advanced recycling has been touted as a way to recycle every type of plastic, which would help cut down on the problem of plastic waste. But a program is Houston is lagging behind, as the waste piles up in a warehouse. Ben Tracy has the story.
Is plastic recycling effective?
A Houston program funded in large part by oil and plastic producers claims to recycle any type of plastic. CBS News senior national and environmental correspondent Ben Tracy has more on his investigation into the program's claims.
Is plastic recycling a myth?
Houston, Texas, says its new recycling program can handle any type of plastic and the city is touting it as a model for the nation. In collaboration with the nonprofit Inside Climate News, CBS News' Ben Tracy looked into whether the claims are too good to be true.
Almanac: March 24
"Sunday Morning" looks back at historical events on this date.
U.N. rushing to prevent "one of the worst oil spills" in history
The massive supertanker with more than 1 million barrels of oil on board could "spontaneously explode or break apart at any moment," the United Nations warns.
Exxon sued by U.S. after 5 nooses found at Louisiana plant
Energy giant was "ineffective" in preventing harassment at a Baton Rouge facility, a federal agency alleges.
4 oil companies had total sales of $1 trillion last year
Record profits and a growing climate crisis have renewed calls for a tax on fossil-fuel companies.
Exxon Mobil accurately predicted warming for decades, study says
Energy giant's own scientists were working on precise forecasts even as company publicly doubted warming was real.
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Iran touts its trade ties as U.S. turns from bombs to economic warfare
As Vice President JD Vance declares economic pressure "the most effective tool that we have," Iran seeks to show deepening trade ties with its neighbors.
Supreme Court temporarily allows work on White House ballroom to continue
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
First on CBS
Pentagon moves to fire publisher and editor of Stars and Stripes
The Pentagon has given separation notices to both the publisher and the editor in chief of Stars and Stripes, according to people familiar with the matter.
Controversial pro-Trump attorney Ed Martin leaving administration
Ed Martin, the pro-Trump lawyer who has been at the center of several controversies, is departing the administration, the president announced.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
8 dead in charter plane crash near remote military radar site in Alaska
The crash of a small plane in Alaska chartered by the U.S. Army Corps of Engineers is under investigation.
Court says prosecutor who subpoenaed Letitia James was unlawfully appointed
A federal appeals court said the top federal prosecutor in the Northern District of New York was unlawfully serving when he subpoenaed state Attorney General Letitia James.
Russian strike kills 15 people at shopping mall in Zelenskyy's hometown
Zelenskyy described the attack as a double-tap strike, in which an initial wave of drones hit the area, followed by a second wave as rescue workers responded.
People are scrambling to find wads of cash dropped all over American cities
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
U.S.
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Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
Controversial pro-Trump attorney Ed Martin leaving administration
Ed Martin, the pro-Trump lawyer who has been at the center of several controversies, is departing the administration, the president announced.
People are scrambling to find wads of cash dropped all over American cities
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
MoneyWatch
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Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
People are scrambling to find wads of cash dropped all over American cities
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Nearly 25% of workers are "functionally unemployed," analysis finds
An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.
Politics
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Controversial pro-Trump attorney Ed Martin leaving administration
Ed Martin, the pro-Trump lawyer who has been at the center of several controversies, is departing the administration, the president announced.
Court says prosecutor who subpoenaed Letitia James was unlawfully appointed
A federal appeals court said the top federal prosecutor in the Northern District of New York was unlawfully serving when he subpoenaed state Attorney General Letitia James.
First on CBS
Pentagon moves to fire publisher and editor of Stars and Stripes
The Pentagon has given separation notices to both the publisher and the editor-in-chief of Stars and Stripes, according to people familiar with the matter.
Supreme Court temporarily allows work on White House ballroom to continue
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
IndyCar is holding its first race in D.C. this weekend. Here's what to know.
Twenty-five cars traveling at top speeds approaching 180 mph will zoom around the National Mall this weekend when IndyCar takes over downtown D.C.
HealthWatch
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Cardiac event reveals Olympian's rare heart condition: "There was a God present"
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
Mom says postpartum psychosis made her feel like "such a monster"
As the trial of Lindsay Clancy brings renewed attention to postpartum psychosis, Haley Ashcom shares her experience with the dangerous condition.
Drug mix-up at hospital causes dire complications in 4 patients
Four patients at Ascension Saint Thomas Midtown received incorrect medications last week, CBS affiliate WTVF reported.
How Moderna's melanoma mRNA vaccine could fight deadliest skin cancer
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Melanoma vaccine shows promising results
An experimental melanoma vaccine could reduce the risk of the cancer returning or spreading for some high-risk patients. It's personalized for each patient and optimized using artificial intelligence. Dr. Jon LaPook has more details.
World
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Swedish police say 1 dead, 2 injured after school sword attack
An 18-year-old with a sword attacked a school Friday in central Sweden, killing one person and seriously injuring at least two others.
Russian strike kills 15 people at shopping mall in Zelenskyy's hometown
Zelenskyy described the attack as a double-tap strike, in which an initial wave of drones hit the area, followed by a second wave as rescue workers responded.
Why Dubai may be vital to the Trump administration's economic war on Iran
The effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf, the United Arab Emirates.
Controversial Netflix dating show sparks backlash in Japan
Japan's justice ministry said it will cancel a collaboration with "Badly in Love," a Netflix dating show featuring ex-juvenile delinquents.
Iran set to impose longer prison terms for any contact with foreign media
Iranians could soon face up to two years in prison for daring to communicate in any way with a foreign news outlet, embassy or institution.
Entertainment
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Entertainment
Man who took final photo of Tupac testifies
The man who took the last known photo of Tupac Shakur testified on Friday in the trial of a man accused of organizing the rapper's killing. CBS News legal reporter Katrina Kaufman has the latest.
Book excerpt: "The Serviceberry" by Robin Wall Kimmerer
The #1 New York Times bestselling author of "Braiding Sweetgrass" writes about embracing gratitude and reciprocity in our dealings with nature, and the importance of recognizing and sharing the many gifts the world gives us.
Hayden Panettiere's mom speaks out
Hayden Panettiere's mom is speaking out on their strained relationship. This comes as Neutrogena comments on its working relationship with the late actor.
Controversial Netflix dating show sparks backlash in Japan
Japan's justice ministry said it will cancel a collaboration with "Badly in Love," a Netflix dating show featuring ex-juvenile delinquents.
Katherine LaNasa on "The Pitt"
Award-winning actor Katherine LaNasa discusses her recent Emmy nomination for her role as charge nurse Dana Evans on hit HBO series "The Pitt."
Technology
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Walmart to let shoppers use Apple Pay and other tap-to-pay methods
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
TikTok agrees to pay $400 million to settle child privacy lawsuit
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
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.
AI companies accused of hoarding and destroying millions of books
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
Woman covertly filmed by Meta smart glasses raises privacy concerns
One woman is speaking out after she was secretly filmed, saying that technology like Meta's AI-powered smart glasses threatens personal privacy.
Science
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Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Crime
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Crime
Man who took final photo of Tupac testifies
The man who took the last known photo of Tupac Shakur testified on Friday in the trial of a man accused of organizing the rapper's killing. CBS News legal reporter Katrina Kaufman has the latest.
Swedish police say 1 dead, 2 injured after school sword attack
An 18-year-old with a sword attacked a school Friday in central Sweden, killing one person and seriously injuring at least two others.
Psychiatrist in Yates case testifies for Clancy
The defense rested Friday in Lindsay Clancy's murder trial after testimony from Dr. Phillip Resnick, a forensic psychiatrist who also testified Andrea Yates case after she killed her five children in Texas in 2001. Clancy has admitted to killing her three young children, but has pleaded not guilty, arguing she was overmedicated and suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
Defense rests case in Lindsay Clancy trial
The defense for Lindsay Clancy has rested their case in the murder trial over the killings of Clancy's three young children. CBS News legal contributor Rebecca Roiphe has more.
Patients say hospital mixed up drugs
Several patients at a Tennessee hospital say they were hurt after hospital staff allegedly mixed up their medications during routine joint replacement surgeries. CBS News' Nicole Valdes has more.
Space
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First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
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.
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
USS Lincoln leaves Middle East after months
The USS Washington arrived in the Middle East from Asia on Thursday and relieved the USS Lincoln after a nine-month deployment. The move comes as the Trump administration says it will unveil the "toughest sanctions" on Iran. CBS News' Margaret Brennan and Elliot Ackerman have more.
SCOTUS: Trump can continue ballroom work for now
The Supreme Court on Friday temporarily allowed President Trump's White House ballroom construction to continue. CBS News chief legal correspondent Jan Crawford has the details.
Man who took final photo of Tupac testifies
The man who took the last known photo of Tupac Shakur testified on Friday in the trial of a man accused of organizing the rapper's killing. CBS News legal reporter Katrina Kaufman has the latest.
Watch: Severe storms slam the Northeast
Heavy rain and winds battered parts of the Northeast United States on Thursday, with some states even reporting tornadoes. These videos show the conditions on the ground as storms moved over the area. Then, CBS News' Jared Ochacher and Jessica Burch join with a look at the damage and the latest forecast.
What's behind those viral cash drop videos?
Across the U.S., hidden cash drops like these have sent people running to find the money — and given many people hope of a windfall. CBS News' Graham Kates gives us a look at the social media accounts that promote them.