Software maker keeping biz loan over objection from lawmakers
Tech company, which had $419 million in sales last year, is resisting pressure from lawmakers to return the funds.
Paycheck Protection Program
Banks rake in PPP fees
The Paycheck Protection Program (PPP), passed by Congress as part of the CARES Act, was set up to distribute forgivable loans to small businesses shuttered over coronavirus. Several banks are being sued for allegedly funneling PPP loans to bigger corporate clients to maximize their processing fee profits. In the first batch of coronavirus relief, banks have raked in $10 billion. Yahoo Finance reporter and anchor Akiko Fujita joins Elaine Quijano in the CBSN studio to talk about the implications for banks' bottom lines, and the future of coronavirus aid to small businesses.
Lawmakers order 5 companies to return PPP loans "immediately"
House panel issues a May 15 deadline to give back the low-interest aid, saying it's "intended for small businesses."
More than 12,000 Catholic churches applied for PPP loans
More than 12,000 Catholic churches have now applied for the government's small business loans – and 75% of those applications have been approved.
Blue Hill's Dan Barber on the future of restaurants
The coronavirus amounts to "a once-in-a-generation shattering of restaurant culture," the celebrated chef says.
Denny's franchisees tap Paycheck Protection Program
"We are going to lose a ton of money," said one of the restaurant chain's franchise owners on coping with shutdowns.
Companies got PPP loans — and want millions more from investors
More than a dozen companies that received federal aid for small business are looking to raise up to $1 billion in total.
Wells Fargo faces government probes into its PPP loans
Federal and state officials are examining the bank's lending practices under the Paycheck Protection Program.
Feds bring first fraud charges stemming from coronavirus loans
The two men were arrested Tuesday and fraudulently sought more than $500,000 in loans from the Small Business Administration, the Justice Department alleges.
Paycheck Protection Program II money is more than half gone
More small businesses getting loans in second round of federal loans. But big names still get help, including Denny's.
Are the small business loans working? Owners divided on answer
Money from $650 billion federal rescue is a lifeline for some small businesses while others struggle to stay afloat.
Plenty of loopholes in replenished Paycheck Protection Program
A range of larger companies, from ammo makers to kombucha bottlers, remain eligible for small business funds.
Mnuchin announces "full review" of big PPP loans
Treasury Secretary Steve Mnuchin said Tuesday that there would be a "full review" of any company that received more than $2 million in the Paycheck Protection Program. The program has been criticized after large companies, including the Los Angeles Lakers, received big loans. Watch his remarks.
Companies could face "criminal liability" for keeping PPP loans
"The purpose of this program was not social welfare for big business," the Treasury secretary said
Minority-owned businesses hope for aid
The first round of the federal government's Paycheck Protection Program faced heavy criticism after large public companies scooped up loans meant for small businesses. As CBS News political reporter Grace Segers reports, this time around small and minority-owned businesses are hoping for their chance to get low-interest loans to survive the coronavirus shutdown.
Round 2 of Paycheck Protection Program starts. Better hurry
Another $310 billion is available for small businesses, but watchdogs warn problems that plagued first round remain.
LA Lakers got near-$5 million federal small business loan
NBA club said it returned federal small business loan so the money could go to "those most in need."
Phunware, Trump campaign data firm, responds to critics of its small business loan
Lawsuit accuses company of getting "white glove" treatment from JPMorgan Chase after it quickly landed funding.
Girl Scouts in Alaska get recovery loan as cookie sales crumble
Pandemic-related business closures left scouts in southern Alaska with 144,000 unsold boxes.
Hotelier with $60 million in small biz aid: We're keeping it
Ashford and its subsidiaries have applied for more than $125 million in loans and received nearly $60 million so far.
Unemployment backlog hurting millions
As an unprecedented 26 million Americans have filed for unemployment benefits in just five weeks, the claims system cannot handle the surge of applications. The backlog is exacerbating financial insecurity for millions of Americans who have lost their jobs. Optimal Capital market analyst Frances Stacy joins CBSN to discuss the dire economic situation.
New funding for small business loans already gone, bankers say
Thousands of small employers are lining up for new federal funding earmarked for Paycheck Protection Program.
House approves $484 billion coronavirus relief package
The vote comes as new government data shows 4.4 million people filed initial unemployment claims last week.
Ruth's Chris will return $20 million small business loan
Steak house chain says it is giving the money back because of the Paycheck program's "funding limitations."
Data firm for Trump campaign got coronavirus small business loan
Public company whose board chair is a former top JPMorgan Chase executive received nearly $3 million from the bank.
Live
"WE GOT HIM!," Trump declares after U.S. airman rescued deep inside Iran
President Trump hailed the rescue of a U.S. airman who was missing almost two days inside Iran — and threatened to hit power plants if Iran doesn't reopen the Strait of Hormuz.
Inside the daring mission to rescue a U.S. airman downed in Iran
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Will high-speed rail ever arrive in the U.S.?
An ambitious state-run high-speed rail project linking Los Angeles and San Francisco has gone off track.
Former CENTCOM commander calls rescue of U.S. airman a "hard lesson for Iran"
Retired Gen. Frank McKenzie, a former commander of U.S. Central Command, outlined takeaways on the search-and-rescue mission for a missing U.S. airman on "Face the Nation," and called it a "hard lesson for Iran."
What NASA is looking for in the coming days as Artemis II loops around the moon
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Patients experience life-changing moment at free health clinic
Americans are driving hundreds of miles and waiting on line for days to get free medical help from RAM.
Artemis II astronauts find hidden Easter eggs as they close in on the moon
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
U.S.
More U.S.
Inside the daring mission to rescue a U.S. airman downed in Iran
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
4 killed in Alabama car crash during pursuit by state trooper
The driver was trying to elude the Alabama Law Enforcement Agency's highway patrol on a rural road in southeast Alabama's Pike County when the crash occurred late Friday night.
Full transcript of "Face the Nation with Margaret Brennan," April 5, 2026
On this "Face the Nation with Margaret Brennan" broadcast, NASA Administrator Jared Isaacman and retired Gen. Frank McKenzie join Ed O'Keefe.
Artemis II crew take new photo of far side of the moon
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
What NASA is looking for in the coming days as Artemis II loops around the moon
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
MoneyWatch
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See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Chicago Fed's Goolsbee says he sees inflation as risk to 2026 rate cuts
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
3 ways the Iran war is hitting Americans' pocketbooks
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
3.1 million bottles of eye drops sold at Walgreens, CVS are recalled
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Politics
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Inside the daring mission to rescue a U.S. airman downed in Iran
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Full transcript of "Face the Nation with Margaret Brennan," April 5, 2026
On this "Face the Nation with Margaret Brennan" broadcast, NASA Administrator Jared Isaacman and retired Gen. Frank McKenzie join Ed O'Keefe.
What NASA is looking for in the coming days as Artemis II loops around the moon
NASA Administrator Jared Isaacman outlined the most critical moments he expects in the coming days as Artemis II astronauts continue their journey around the far side of the moon.
Former CENTCOM commander calls rescue of U.S. airman a "hard lesson for Iran"
Retired Gen. Frank McKenzie, a former commander of U.S. Central Command, outlined takeaways on the search-and-rescue mission for a missing U.S. airman on "Face the Nation," and called it a "hard lesson for Iran."
Transcript: Gen. Frank McKenzie on "Face the Nation with Margaret Brennan," April 5, 2026
The following is the full transcript of an interview with retired Gen. Frank McKenzie, former commander of U.S. Central Command, that aired on "Face the Nation with Margaret Brennan" on April 5, 2026.
HealthWatch
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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.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
HHS announces national program to study effect of microplastics on humans
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
World
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Inside the daring mission to rescue a U.S. airman downed in Iran
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Falling tree kills 3, including 10-month-old, on Easter egg hunt in Germany
Three people, including a 10-month-old girl, were killed Sunday when high winds toppled a tree during an Easter egg hunt, German police said.
How archaeology turns political in the West Bank
Archaeologists, residents and government officials talk about how uncovering and preserving centuries-old sites and artifacts in Israel and the West Bank also serves to highlight contemporary disputes over ownership rights, and concerns about history being erased.
British Prime Minister criticizes London festival for booking Kanye West
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
Divine art: Inside the Vatican's Mosaic Studio
For hundreds of years, St. Peter's Basilica has been adorned by mosaics – millions of tiny colored tiles melted and fashioned into astonishing art – created using tools and techniques dating back centuries.
Entertainment
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Actress Tori Spelling hospitalized after Southern California crash
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
4/5: Sunday Morning
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
The sublime perfection of Raphael
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
Extended Interview: Jean Smart
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
Inside the final season of "Hacks"
The Emmy-winning HBO comedy "Hacks," about the travails of comedian Deborah Vance and her writer, Ava, is launching its fifth and final season. Correspondent Tracy Smith talks with stars Jean Smart and Hannah Einbinder about saying goodbye to roles that were a match made in comedy heaven. Smith also talks with the show's co-creators: Jen Statsky, Paul W. Downs and Lucia Aniello (who describes directing one episode while in labor).
Technology
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The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
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.
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Science
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Science
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
Crime
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Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
From 1996: FBI arrests suspected Unabomber
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
More on Pam Bondi's firing
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Space
More Space
Artemis II astronauts find hidden Easter eggs as they close in on the moon
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
Artemis II crew take new photo of far side of the moon
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
NASA shares first photos of Earth taken by Artemis II
The photo shows the entire planet, as well as the Northern and Southern lights.
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
More Latest CBS News Videos
Latest CBS News Videos
4/5/2026: Return to RAM; Ghost Train; The Mardi Gras Indians
First, a report on patients, cut off from health care, getting help. Then, the state of high-speed rail in the U.S. And, a look at the Mardi Gras Indians keeping tradition alive.
4/5: CBS Weekend News
Latest details on daring mission to rescue U.S. airman from Iran after fighter jet shot down; Trump sends profanity-laden threat to Iran.
Inside gospel music's popularity in France
For Easter Sunday, Barry Petersen shows how gospel music, with roots among America's enslaved, is now ministering to the hearts of people in Paris.
Flight prices surging amid Iran war
The war with Iran is spiking jet fuel prices, prompting airlines around the world to charge more. Shanelle Kaul reports.
Artemis II readies for loop around moon
NASA's Artemis II will loop around the moon's far side Monday night, setting a new distance record from Earth. In the lead-up, the crew has been taking in breathtaking sights from space. Mark Strassmann has more.