GM says tariffs hurting profits
Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
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Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
A 25% tariff on vehicles and auto parts imported into the U.S. has hit automakers amid President Trump's push for global trade partners to reach deals with the U.S. by Aug. 1. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The recall follows a January investigation by U.S. auto safety regulators into reports of engine failure in certain GM vehicles.
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.
CEO Mary Barra talks about GM's expanding electric vehicle lineup, as "Sunday Morning" takes a high-speed tour of General Motors' Milford Proving Ground, which has been a hub for automotive innovation for a century.
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
Senate Republicans, House Democrats to consider separate legislation; James Gandolfini's son, Michael, to play young Tony Soprano in movie
General Motors will lay off about 1,300 workers from two of its Michigan plants, according to WARN notices the company has filed with state regulators.
Automakers, including General Motors, Ford and BMW, are charging drivers subscription fees to use certain state-of-the-art features, such as remote locking and hands-free cruise control. Carter Evans has details.
General Motors projects subscription fees to bring in as much as $25 billion a year by 2030.
The companies agreed to dramatically raise pay for top-scale assembly plant workers, with increases and cost-of-living adjustments.
Workers at some Ford, GM and Stellantis plants are opposing the UAW's tentative agreement. "This is not a clean sweep," one. labor expert said.
Ed Welburn is known for bringing beauty back to General Motors' cars. He spent 44 years designing vehicles, rising through the ranks to become the company's first head of global design and the highest-ranking African-American man in the industry. Michelle Miller has more on his incredible story.
President Joe Biden met with United Auto Workers in Belvidere, Illinois, and celebrated the success of a recent six-week strike that ended in a new, tentative agreement with the Detroit Big 3 car manufacturers. CBS News senior White House correspondent Weijia Jiang reports on how the union developments could affect Biden's 2024 reelection bid.
The company says it's updating the vehicles' software to have the Cruise vehicles stay put in circumstances like the one that led to the incident.
Insurance group's latest crash tests show that several popular pickup models could put rear passengers at risk.
General Motors is now the last of the Big Three automakers to reach a tentative deal with the United Auto Workers union. CBS News senior transportation correspondent Kris Van Cleave explains what happens next.
UAW President Shawn Fain hails "groundbreaking" agreement with GM and says union is suspending its strike with the Detroit automakers.
Labor experts said the UAW's hardball tactics, including a historic six-week strike, paid off. Here's what autoworkers are getting.
A tentative agreement between the United Auto Workers and General Motors will still need the approval from the union's national council and a majority of its members, but an approval likely would mean employees will return to work at some point in November. Brian Rothenberg, a former UAW spokesperson and a partner at Triumph Communications, joins CBS News to discuss some of the key points in the deal.
The United Auto Workers reached a tentative agreement on a new labor contract with General Motors, a move that could end the union's six-week strike. CBS News senior transportation correspondent Kris Van Cleave has the latest.
The pact with Stellantis comes just days after the UAW struck a similar deal with Ford, leaving only GM without an agreement.
With the tentative deal reached with Ford, the UAW will now be able to use it to model similar contract settlements with GM and Stellantis.
The United Auto Workers and Ford reached a tentative contract agreement Wednesday evening, a move that will be critical to ending the union's six-week-old strikes against Detroit's Big Three automakers. CBS News senior transportation correspondent Kris Van Cleave has more.
President Trump says he has canceled "the previously expected second Wave of Attacks" on Venezuela. He is meeting with oil industry executives at the White House Friday.
Colombia's left-wing President Gustavo Petro speaks with CBS News in a network exclusive interview about what a U.S. attack on his country could mean.
Two U.S. officials confirmed to CBS News that the Coast Guard, supported by the Navy, were the process of seizing the Olina oil tanker.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
Iran's Supreme Leader Ayatollah Ali Khamenei strikes a defiant tone against the U.S. after a night of massive anti-government protests.
President Trump is meeting with big oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
Minneapolis is reeling after an ICE agent fatally shot a woman on the city's south side Wednesday morning.
Two people were wounded in a shooting involving Customs and Border Patrol agents in Portland, Oregon, officials said.
The woman was identified as 56-year-old Arlene Lillis of Minnesota.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
California, Colorado, Minnesota, Illinois and New York called the move an unconstitutional abuse of power.
CBS News chief correspondent Matt Gutman reports from the scene of a protest Thursday outside a federal building in Minneapolis.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
President Trump is meeting with big oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
President Trump says he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.
President Trump is meeting with big oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
Colombia's left-wing President Gustavo Petro speaks with CBS News in a network exclusive interview about what a U.S. attack on his country could mean.
Two U.S. officials confirmed to CBS News that the Coast Guard, supported by the Navy, were the process of seizing the Olina oil tanker.
President Trump says he has canceled "the previously expected second Wave of Attacks" on Venezuela. He is meeting with oil industry executives at the White House Friday.
California, Colorado, Minnesota, Illinois and New York called the move an unconstitutional abuse of power.
The media superstar, who has struggled with weight for much of her life, and a Yale School of Medicine doctor team up for a book that examines the biology of obesity, offering a new way forward.
Health and Human Services Secretary Robert F. Kennedy Jr. claimed there is "no scientific evidence" the flu vaccine prevents hospitalizations or death in children, despite previous CDC guidance.
The new dietary guidelines recommend limits on added sugars and mention gut health. Here's what to know.
A new study found potential health concerns with the drinking water on some airlines where you might order coffee or tea. The review was of airplane drinking water stored in onboard tanks, not bottled products. Of the 10 major airlines, Delta scored best, while JetBlue and American were the bottom two carriers.
Six routine vaccines that have safeguarded millions from serious diseases are no longer being recommended for all children by the CDC.
The woman was identified as 56-year-old Arlene Lillis of Minnesota.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
The co-owner of the fire-gutted Swiss ski resort bar where 40 mostly teenage New Year revelers were killed in a fire has been held in custody.
The faceoff took place on a street in the capital after the suspect "and the dead man agreed to fight each other," police said.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
The drama and deceit of the Emmy-winning reality show "The Traitors" returns in season four with a star-studded cast. Anthony Mason got a behind-the-scenes look at the show with host Alan Cumming.
Academy Award winner Holly Hunter is starring in the new Paramount+ original series "Star Trek: Starfleet Academy" as the Star Trek franchise marks its 60th anniversary. She talks with CBS Mornings about the series and being part of the Star Trek legacy.
Alan Jackson, who famously won an acquittal in the murder trial of Karen Read and represented disgraced film mogul Harvey Weinstein, did not explain his decision to withdraw.
The funeral for Brigitte Bardot was private, but hundreds poured into the streets of Saint-Tropez to pay their respects to an icon of the 1960s silver screen.
Nikki Glaser is hosting the Golden Globes for a second time and told CBS Mornings about the challenges of picking the perfect jokes.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
Millions of Americans who use Gmail are getting a new package of tools, driven by artificial intelligence. Google says it's trying to make Gmail more like a personal assistant as it brings more of its Gemini AI to your inbox with three updates. The changes come with some privacy concerns. Jo Ling Kent explains.
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.
Google is souping up Gmail with features from its Gemini 3 AI app. Here's what to know — including how to opt out.
The terms of the settlement, which was filed in the U.S. District Court in the Middle District of Florida, were not disclosed.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Minneapolis Mayor Jacob Frey held a press conference on Friday and called for transparency from federal agencies that have taken over the investigation into the Renee Good shooting. Frey also slammed comments from Trump administration officials about the incident. CBS News' Ash-har Quraishi reports.
The faceoff took place on a street in the capital after the suspect "and the dead man agreed to fight each other," police said.
Another immigration official-involved shooting occurred in the U.S. this week. In Portland, Oregon, two people were shot and injured during a car search by Border Patrol agents. This comes after the fatal shooting involving an ICE officer in Minnesota. CBS News' Gwen Baumgardner reports from Portland, and Ash-har Quraishi has more from Minneapolis.
Mexico is one of the most dangerous countries for members of the press, with more than 150 journalists murdered since 1994, according to Reporters Without Borders.
Details are emerging about the ICE officer who shot and killed Renee Good near protests in Minneapolis, Minnesota. CBS News' Nicole Sganga reports.
Four crew members aboard the International Space Station will be brought home more than a month early in the coming days as NASA cuts its mission short due to health concerns. NASA says the ailing astronaut is stable and while it is not an emergency, weeks more in space are not in the best interest of their health.
The crew at the International Space Station will return home early because of what NASA is calling a medical concern with a crew member. CBS News space consultant Bill Harwood has more details.
A planned spacewalk outside the International Space Station was scrapped because of what NASA called a "medical concern" with an unidentified crew member.
NASA on Thursday postponed a scheduled spacewalk on the International Space Station due to a "medical concern." CBS News space consultant Bill Harwood has more.
NASA said the unidentified astronaut is "stable," but the agency is considering all options, including a possible early return to Earth for Crew 11
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
Minneapolis Mayor Jacob Frey held a press conference on Friday and called for transparency from federal agencies that have taken over the investigation into the Renee Good shooting. Frey also slammed comments from Trump administration officials about the incident. CBS News' Ash-har Quraishi reports.
Former Danish ambassador to NATO Michael Zilmer-Johns said he was shocked Denmark and U.S. signed a defense agreement in 1951 surrounding Greenland. CBS News' Ramy Inocencio has more.
Iran's supreme leader addressed protests that continue to cause upheaval for the regime. Eric Lob, an associate professor of politics and international relations at Florida International University, joins CBS News with more details.
Colombian President Gustavo Petro spoke exclusively with CBS News' Lilia Luciano about his phone call with President Trump, the first-ever conversation between the two leaders.
Adriana Diaz and Kelly O'Grady have been named the new co-hosts of "CBS Saturday Morning." They will be splitting their time and joining Vladimir Duthiers at the anchor desk on weekdays for "CBS News 24/7 Mornings."