You were just laid off. How much severance can you expect?
Companies pay severance to shield themselves from liability and help workers. Here's what a package could look like.
Google facing antitrust lawsuit
The Justice Department along with eight U.S. states is suing Google, accusing the tech giant of "monopolizing" the digital ad market. Bill Baer, former assistant AG for the Justice Department's antitrust division, joins John Dickerson on "Prime Time" to discuss.
How interest rates affect the tech industry
As tech companies cutting thousands of jobs this month, CBS News correspondent Vladimir Duthiers discusses how the Federal Reserve's interest rate hikes have contributed to the industry's financial woes.
Justice Department accuses Google of monopolizing ad tech
Internet giant has "corrupted legitimate competition," regulators allege in filing antitrust lawsuit.
NYSE experiences technical issue
The New York Stock Exchange experienced a technical issue early on Tuesday, temporarily halting trading for more than 80 companies. Dan DeFrancesco, finance editor for Insider, joined CBS News to recap the day for the markets, and what the latest Justice Department antitrust lawsuit against Google could mean for the tech industry.
Google slashes 12,000 jobs
Google announced it has cut about 6% of its workforce, amounting to 12,000 jobs – the largest-ever round of layoffs at the company. This follows other recent job cuts at other tech firms, including Microsoft, Amazon and Meta, the parent company of Facebook. Correspondent Michael George talks with experts about how the tech sector, unlike other parts of the economy, is being downsized after having gone on a pandemic hiring spree.
1/20: CBS News Weekender
Catherine Herridge reports on Google layoffs, Elon Musk's testimony in court, the latest T-Mobile breach, and eggs seized at the border.
Google axes 12,000 jobs amid big tech layoffs
Silicon Valley was hit with another round of layoffs on Friday as Google announced that it would be cutting 12,000 jobs. The move comes during the same week that Microsoft and Amazon also announced layoffs, and companies nationwide look at cost-cutting measures amid growing concerns about a pending recession. Janet Shamlian has more.
CBS Evening News, January 20, 2023
Google axes 12,000 jobs amid major tech layoffs; Teen born without legs inspires on the basketball court
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
Google announces layoffs
Google's parent company, Alphabet, announced it is cutting 12,000 jobs from its global workforce. The layoffs are the latest in a series of job cuts happening across the tech sector. CBS News' Michelle Miller and Lilia Luciano are joined by Herb Scribner, economics reporter for Axios, to discuss what's behind the cuts.
Google to slash 12,000 jobs as tech industry layoffs surge
Alphabet-owned search giant joins other major technology player in axing thousands of workers as the economy slows.
Google fixes offensive definition of "Jew" in search results
Google said it "licenses definitions from third-party dictionary experts" that automatically populate when a term is entered in its search bar.
"Gas prices near me," and more of the top local Google searches in 2022
Google's annual "Year in Search" report ranked leading queries that included the term "near me" across the U.S. this year.
Google reveals the most searched U.S. scenic spots in 2022
Google's annual "Year in Search" report listed the top queries across multiple categories.
Google releases top searches for 2022
The online puzzle game "Wordle" was the top searched term for Google users around the world.
Google Doodle honors video game trailblazer Gerald "Jerry" Lawson
Lawson helped to develop the first home video gaming system with interchangeable game cartridges.
Researchers record audio of coral reefs
As climate change and human activity threaten ocean life, researchers are now monitoring the sound of coral reefs in an attempt to analyze their health. And the public can listen in and help. Ian Lee has more.
Google to pay 40 states $392M in location-tracking settlement
Google told users they could turn off location tracking but continued collecting that data to sell ads, states alleged.
Meta reports another revenue decline
Facebook parent company Meta posted its third quarter earnings on Wednesday. While they were slightly above Wall Street analysts' expectations, they marked a revenue decline for the second straight quarter. Daniel Howley, a tech editor for Yahoo Finance, joins CBS News' John Dickerson to discuss.
Lower tech earnings rattle markets
The tech-heavy NASDAQ dropped Wednesday after Microsoft and Alphabet released less-than-stellar earnings reports on Tuesday. CBS News anchor Lana Zak spoke with Simeon Hyman, global investment strategist at ProShares, about the larger impact on the markets.
RNC sues Google over email spam filters
The RNC has filed a lawsuit against tech giant Google, alleging the company has been suppressing its email solicitations ahead of the midterm elections.
Supreme Court will hear social media terrorism lawsuits
One of the cases involves Nohemi Gonzalez, a 23-year-old U.S. citizen killed in Paris in the 2015 ISIS attacks.
Google to label clinics that provide abortions in effort to increase transparency
The updates will apply to results in the advertising section, Search, and Maps features.
Google workers demand abortion protections, data privacy
Employees want parent company Alphabet to strengthen privacy for Google users searching for abortion information.
Latest News
5 fired Memphis officers charged with murder in Tyre Nichols' death: "This was wrong"
Video footage of the arrest has been shown to Tyre Nichols' family, but has not been made public.
Warner and Rubio united in demanding access to Trump and Biden documents
"Our job is to make sure there's not an intelligence compromise," the Senate Intelligence Committee chairman told "Face the Nation."
VA urges millions of veterans exposed to burn pits to file claims
The PACT Act takes the burden of proof off veterans, automatically linking asthma, some cancers and other illnesses to burn pit exposure.
U.S. military operation kills ISIS facilitator in Somalia
A special forces raid Wednesday night in northern Somalia resulted in the death of ISIS operator and facilitator Bilal al-Sudani and about 10 of his ISIS associates.
DeSantis may just have made the RNC chair race a lot more competitive
The GOP Florida governor gave Ronna McDaniel's challenger, Harmeet Dhillon a boost during an interview with "The Charlie Kirk Show."
Remains of Athena Brownfield, missing Oklahoma 4-year-old, identified
The remains were found Jan. 17, one week after the search for the missing toddler began.
What we know about "Cop City" and the standoff between police, protesters in Atlanta
The killing of Manuel Esteban Paez Teran, a "forest defender" who went by the name Tortuguita, has generated many questions.
Bolton says Trump is "poison" for GOP's chances in 2024
Bolton also blasted former Secretary of State Mike Pompeo, claiming he is probably "unfit" to serve as president.
National Archives asks representatives of past six administrations to check for classified documents
Sources told CBS News that the classified documents found at Pence's residence included briefings from foreign trips.
U.S.
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5 fired Memphis officers charged with murder in Tyre Nichols' death: "This was wrong"
Video footage of the arrest has been shown to Tyre Nichols' family, but has not been made public.
What we know about "Cop City" and the standoff between police, protesters in Atlanta
The killing of Manuel Esteban Paez Teran, a "forest defender" who went by the name Tortuguita, has generated many questions.
Jeremy Renner was run over by snowplow while trying to protect nephew
Jeremy Renner said he broke more than 30 bones in the accident.
Woman found dead in 1971 identified with help of crowdfunded DNA testing
It took five days to crowdfund forensic testing for a 52-year-old unsolved homicide, police said.
DeSantis may just have made the RNC chair race a lot more competitive
The GOP Florida governor gave Ronna McDaniel's challenger, Harmeet Dhillon a boost during an interview with "The Charlie Kirk Show."
MoneyWatch
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"Buy now, pay later" programs make it easy to rack up debt fast
The programs can be used on everything from groceries to weddings. But missing a payment could cost you.
Chipotle to hire 15,000 workers amid continuing labor shortage
Most restaurant operators say they don't have enough employees to meet customer demand, survey shows.
CBD has too many safety unknowns to be regulated, FDA says
Agency says there's not enough evidence to determine how much CBD can be safely consumed, and has asked Congress to create new rules.
Bed Bath & Beyond has defaulted on loans, inching closer to bankruptcy
The home goods chain has been searching for ways to stay afloat after a weak performance during the holiday season.
Grand jury probes faulty Goodyear tires blamed for 8 deaths
Tire manufacturer faces criminal investigation over RV tires the government has linked to fatal crashes.
Politics
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DeSantis may just have made the RNC chair race a lot more competitive
The GOP Florida governor gave Ronna McDaniel's challenger, Harmeet Dhillon a boost during an interview with "The Charlie Kirk Show."
National Archives asks representatives of past six administrations to check for classified documents
Sources told CBS News that the classified documents found at Pence's residence included briefings from foreign trips.
VA urges millions of veterans exposed to burn pits to file claims
The PACT Act takes the burden of proof off veterans, automatically linking asthma, some cancers and other illnesses to burn pit exposure.
U.S. military operation kills ISIS facilitator in Somalia
A special forces raid Wednesday night in northern Somalia resulted in the death of ISIS operator and facilitator Bilal al-Sudani and about 10 of his ISIS associates.
Bolton says Trump is "poison" for GOP's chances in 2024
Bolton also blasted former Secretary of State Mike Pompeo, claiming he is probably "unfit" to serve as president.
Health
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Health
Veterans file 260,000 burn pit claims under new law
The Department of Veterans Affairs is urging millions of veterans exposed to burn pits to file claims with the department after the PACT Act expanded health coverage. Norah O'Donnell sat down with VA Secretary Denis McDonough to see how the department is handling the largest health care expansion for veterans in decades.
VA urges millions of veterans exposed to burn pits to file claims
The PACT Act takes the burden of proof off veterans, automatically linking asthma, some cancers and other illnesses to burn pit exposure.
CBD has too many safety unknowns to be regulated, FDA says
Agency says there's not enough evidence to determine how much CBD can be safely consumed, and has asked Congress to create new rules.
FDA advisers vote to simplify COVID vaccines, retire original "monovalent" shots
Unvaccinated Americans would be able to effectively skip to the updated "bivalent" booster doses.
FDA joins investigation into contaminated cough syrups that killed 300 kids
None of the contaminated products have been sold in the United States, the agency told CBS News.
World
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U.S. military operation kills ISIS facilitator in Somalia
A special forces raid Wednesday night in northern Somalia resulted in the death of ISIS operator and facilitator Bilal al-Sudani and about 10 of his ISIS associates.
Archaeologists find the oldest non-royal mummy ever discovered in Egypt
The mummy of an ancient Egyptian named Hekashepes represents two remarkable firsts, but it wasn't the lead scientist's favorite discovery at Saqqara this week.
U.S. labels Russia-backed Wagner Group as transnational criminal organization
In a new round of sanctions, the U.S. accused the mercenary group of atrocities in Ukraine and around the world.
FDA joins investigation into contaminated cough syrups that killed 300 kids
None of the contaminated products have been sold in the United States, the agency told CBS News.
Golden secret found in mouth of "controversial" socialite who died in 1619
Anne d'Alegre's teeth "shows that she went through a lot of stress," the researcher said, adding she hopes that the research "goes a little way towards rehabilitating her."
Entertainment
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Jeremy Renner was run over by snowplow while trying to protect nephew
Jeremy Renner said he broke more than 30 bones in the accident.
Randy Gonzalez, father of TikTok duo Enkyboys, dies of colon cancer
Randy Gonzalez and his 7-year-old son Brice were known for creating endearing videos together and with the rest of their family.
Brianne Howey on possible "Ginny & Georgia" Season 3: "It's feeling positive"
"Ginny & Georgia" has been dominating the Netflix Top 10 list since Season 2 was released this month.
Gabrielle Union talks taking on "Truth Be Told" role as a sexual assault survivor
Union teams up with Academy Award winner Octavia Spencer in the third season of the Apple TV+ show.
Paris Hilton announces birth of first baby
You are already loved beyond words," Hilton wrote.
Technology
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BuzzFeed to use OpenAI technology to create content
Digital media firm says it will use artificial intelligence to create personality quizzes and generate write-ups.
Madison Square Garden ban on lawyer foes may be illegal, AG says
Event-goers have found themselves ejected from games because they work for law firms involved in litigation with MSG.
Smart home security tips for personal and cyber protection
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
Why Meta is reinstating Trump's accounts
Meta says it will reinstate former President Donald Trump's Facebook and Instagram accounts two years after they were suspended in the wake of the Jan. 6 attack on the U.S. Capitol. Mike Isaac, a technology correspondent for The New York Times, joins Errol Barnett and Lana Zak to explain what's behind the decision.
FBI disrupted Hive ransomware variant, Justice Dept announces
The ransomware group demanded over $130 million from over 1,500 victims in 80 countries.
Science
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Why San Diego's waves turned bright pink
San Diego's usually blue waves recently turned a bright fuchsia, and scientists are explaining why.
Archaeologists find the oldest non-royal mummy ever discovered in Egypt
The mummy of an ancient Egyptian named Hekashepes represents two remarkable firsts, but it wasn't the lead scientist's favorite discovery at Saqqara this week.
Asteroid about to zoom oh-so-close to Earth, NASA says
But it will miss, the space agency says, in one of the closest encounters of its type ever.
Egyptian archaeologists tout rare discoveries unearthed in Luxor
"We have discovered more than a thousand burial sites before in Luxor, but this is the first time we find one from the 13th Dynasty," said antiquities official Dr. Fathy Yaseen.
Earth's inner core may have started spinning the other way, study says
Exactly how the inner core rotates has been a matter of debate between scientists — and the latest research is expected to prove controversial.
Crime
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5 fired Memphis officers charged with murder in Tyre Nichols' death: "This was wrong"
Video footage of the arrest has been shown to Tyre Nichols' family, but has not been made public.
What we know about "Cop City" and the standoff between police, protesters in Atlanta
The killing of Manuel Esteban Paez Teran, a "forest defender" who went by the name Tortuguita, has generated many questions.
Woman found dead in 1971 identified with help of crowdfunded DNA testing
It took five days to crowdfund forensic testing for a 52-year-old unsolved homicide, police said.
Remains of Athena Brownfield, missing Oklahoma 4-year-old, identified
The remains were found Jan. 17, one week after the search for the missing toddler began.
NYC bike path killer convicted in terror trial
A federal jury convicted an ISIS-inspired terrorist of killing eight people by ramming into them on a bike path with a rented truck in New York City. He faces a possible death sentence for the 2017 attack.
Space
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Lauren Sanchez plans all-women space flight aboard Bezos' Blue Origin rocket
"He'll be cheering us all on from the sidelines," Sanchez said of Amazon and Blue Origin founder Jeff Bezos, who is also her boyfriend.
Rocket Lab launches first flight from Virginia's Eastern Shore
After 32 launches from Rocket Lab's New Zealand facility, the company is now set for regular flights from Virginia's Eastern Shore.
NASA gets best look yet at the "deepest, coldest ices" in space
The icy ingredients studied in a molecular cloud 500 light-years away provide a "spectral snapshot" of the origins of space bodies.
Radio signal nearly 9 billion light-years away from Earth detected
Researchers have captured a radio signal from the most distant galaxy to date.
Spacewalkers continue space station power system upgrade
Spacewalks in low-Earth orbit face a small but very real threat from debris and and micrometeoroids whizzing by at extreme velocities.
Latest Galleries
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Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
The Circleville letters: You've got hate mail
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Celebrities who filed for bankruptcy
They may have famous names and big careers, but these celebs also ran into financial trouble.
Stunning photos from NASA's Artemis I moon mission
The Orion spacecraft sent back some amazing pictures from its 25-day, 1.4-million-mile journey around the moon.
Latest Videos
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1/26: Red and Blue
Biden's attorneys did not tell DOJ before searching Delaware house; Dr. David Agus answers your medical questions.
Senators seek access to Biden, Trump documents
Members of the Senate Intelligence Committee are pushing for access to the documents found in the homes of President Biden, former President Trump and former Vice President Mike Pence. CBS News chief election and campaign correspondent Robert Costa and CBS News chief foreign affairs correspondent and the moderator of "Face the Nation" Margaret Brennan join "Red and Blue" to discuss the latest on the documents controversy.
Memphis police prepare for unrest
Five fired Memphis police officers were charged with second-degree murder Thursday in the death of Tyre Nichols, three days after he was arrested in a traffic stop. Keith Taylor, an adjunct assistant professor in the Department of Law, Police Science and Criminal Justice Administration at John Jay College, joined CBS News to discuss police reform since the death of George Floyd.
U.S. GDP grew 2.9% in final quarter of 2022
The economy is fighting back against inflationary pressures, but many economists say that won't last, and the economy could slow down in 2023 as an intended consequence of the Federal Reserve's efforts to rein in inflation by raising interest rates. Economist and Harvard University professor Jeffrey Frankel joined CBS News to discuss what the latest GDP data could mean for the economy moving forward.
Tyre Nichols arrest video to be released
All five of the now fired Memphis police officers involved in the arrest of Tyre Nichols now face second-degree murder charges for his death. CBS News' Elise Preston joins John Dickerson from Memphis with the latest.