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.
Iran threatens protesters, U.S. troops in region, as unrest continues
As activists say Iran's anti-government unrest has seen at least 538 people killed, the nation's rulers threaten protesters and U.S. forces across the Mideast.
Trump briefed on new options for military strikes in Iran, source says
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
Homeland Security again restricts when lawmakers can visit ICE facilities
The Department of Homeland Security policy is dated Jan. 8 and was submitted Saturday in federal court comes amid three Democratic lawmakers being denied entry to an ICE facility in Minneapolis.
Omar says federal probe into Minnesota fraud is "creating confusion and chaos"
Democratic Rep. Ilhan Omar denounced a surge of federal agents to Minneapolis targeting Somalis and other immigrants after a fraud scheme in the state.
Greenland conquest "would be disastrous," Sen. Tim Kaine says
"I think Congress will stop [President Trump', both Democrats and Republicans," Sen. Tim Kaine about any plans to take Greenland by military force.
Trump warns Cuba to make a "deal" on oil after Maduro ouster
President Trump on Saturday announced that Venezuela has "started the process" of releasing its political prisoners.
Minnesotans speak out about fatal ICE shooting of Renee Good
Former Minneapolis Mayor Sharon Sayles Belton talks about reaction to the killing of Renee Good by an ICE agent, and why she says it is a time for action to make sure it doesn't happen again.
"Real possibility" U.S. businesses take stake in Venezuelan oil, energy secretary says
"That's going to be up to American businesses. That's certainly a very real possibility," Energy Secretary Chris Wright said on "Face the Nation with Margaret Brennan."
Fire damages historic Mississippi synagogue, suspect arrested
Authorities have not disclosed the suspect's motive, but Jackson Fire Chief Charles Felton told CBS News the FBI is looking into the possibility of a hate crime.
U.S.
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Fire damages historic Mississippi synagogue, suspect arrested
Authorities have not disclosed the suspect's motive, but Jackson Fire Chief Charles Felton told CBS News the FBI is looking into the possibility of a hate crime.
Reference to Trump's impeachments removed from National Portrait Gallery
The wall text, which summarized Trump's first presidency and noted his 2024 comeback victory, was part of the museum's "American Presidents" exhibition.
Full transcript of "Face the Nation with Margaret Brennan," Jan. 11, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Secretary of Energy Chris Wright and Rep. Ilhan Omar join Margaret Brennan.
Omar says federal probe into Minnesota fraud is "creating confusion and chaos"
Democratic Rep. Ilhan Omar denounced a surge of federal agents to Minneapolis targeting Somalis and other immigrants after a fraud scheme in the state.
"Real possibility" U.S. businesses take stake in Venezuelan oil, energy secretary says
"That's going to be up to American businesses. That's certainly a very real possibility," Energy Secretary Chris Wright said on "Face the Nation with Margaret Brennan."
MoneyWatch
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Trump urges credit card companies to slash interest rates to 10% for one year
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Looking for a job? Here are the best U.S. cities to find openings.
Midsize cities like Pittsburgh and Columbia, South Carolina, offer some of the best employment prospects, analysis finds.
Trump posted some U.S. jobs data the before its official release
The White House said it will review its protocols for releasing economic data after President Trump's "inadvertent public disclosure."
Some Americans say they'll go without health insurance as ACA rates spike
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Meta signs 3 deals for nuclear energy to power AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
Politics
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Reference to Trump's impeachments removed from National Portrait Gallery
The wall text, which summarized Trump's first presidency and noted his 2024 comeback victory, was part of the museum's "American Presidents" exhibition.
Full transcript of "Face the Nation with Margaret Brennan," Jan. 11, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Secretary of Energy Chris Wright and Rep. Ilhan Omar join Margaret Brennan.
Omar says federal probe into Minnesota fraud is "creating confusion and chaos"
Democratic Rep. Ilhan Omar denounced a surge of federal agents to Minneapolis targeting Somalis and other immigrants after a fraud scheme in the state.
"Real possibility" U.S. businesses take stake in Venezuelan oil, energy secretary says
"That's going to be up to American businesses. That's certainly a very real possibility," Energy Secretary Chris Wright said on "Face the Nation with Margaret Brennan."
Greenland conquest "would be disastrous," Sen. Tim Kaine says
"I think Congress will stop [President Trump', both Democrats and Republicans," Sen. Tim Kaine about any plans to take Greenland by military force.
HealthWatch
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HealthWatch
"Enough": Oprah Winfrey on her weight-loss lessons
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
State of denial: How insurance companies impact health care today
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
State of denial: Insurers' impact on health care
Millions of Americans are struggling with medical care – either unable to pay high premiums, burdened with high deductibles, or denied coverage for necessary tests and treatment by health insurance companies. Erin Moriarty of "48 Hours" talks with doctors and health experts about how medical care is being eroded by insurers motivated by profit. As one doctor says, insurance companies have "made it more difficult to be healthy in the United States."
Doctors thought he had cancer. An offhand suggestion led to a rare diagnosis.
Andy Provencher spent a year searching for the cause of his exhausting symptoms before a physician's assistant suggested a rare illness.
Some Americans say they'll go without health insurance as ACA rates spike
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
World
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Human heads displayed at Ecuador tourist beach in warning to gangs
Images on social media showed five heads tied with ropes on two wooden posts at a popular whale watching destination in Ecuador's southwest.
Greenland conquest "would be disastrous," Sen. Tim Kaine says
"I think Congress will stop [President Trump', both Democrats and Republicans," Sen. Tim Kaine about any plans to take Greenland by military force.
Trump briefed on new options for military strikes in Iran, source says
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," Jan. 11, 2026
The following is the transcript of the interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Jan. 11, 2026.
Transcript: Rep. Ilhan Omar on "Face the Nation with Margaret Brennan," Jan. 11, 2026
The following is the transcript of the interview with Rep. Ilhan Omar, Democrat of Minnesota, that aired on "Face the Nation with Margaret Brennan" on Jan. 11, 2026.
Entertainment
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Entertainment
Extended interview: Carrie Coon
In this web exclusive, actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talks with Jim Axelrod about her return to Broadway in the play "Bug," written by her husband, Tracy Letts. She also talks about the state of Broadway today.
Extended interview: Tracy Letts and Carrie Coon
In this web exclusive, actor and playwright Tracy Letts, and actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talk with Jim Axelrod about their marriage, and their collaboration in the new Broadway production of "Bug."
"Enough": Oprah Winfrey on her weight-loss lessons
For years, she seemed powerless against a fluctuating weight problem, until new medications, and a new attitude, gave Oprah Winfrey a breakthrough. She talks with Jane Pauley about "Enough," a new book co-written with Dr. Ania Jastreboff, about her weight-loss success.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this past week, including Bob Weir, co-founder of The Grateful Dead.
Carrie Coon and Tracy Letts on their joint love for, and beyond, the theater
The star of "The Gilded Age" and "The White Lotus" has returned to Broadway in "Bug," written by her playwright-actor husband. The two talk about their on- and off-stage partnership.
Technology
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Technology
How to outsmart cybercriminals and protect your data
In his new book "Spies, Lies, and Cybercrime," former FBI Counterintelligence Operative Eric O'Neill describes the art of outsmarting cybercriminals and protecting your data and wallet. O'Neill spoke with CBS News' Major Garrett about steps people can take to stay safe online.
Meta signs 3 deals for nuclear energy to power AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
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.
U.K. could ban X if platform can't "get a grip" on AI sexualized images
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.
Privacy impact of Gmail tools driven by AI
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.
Science
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Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
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 so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
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."
Researchers capture video of rare polar bear adoption
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.
Crime
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A young mom was near death from lead poisoning. Who was trying to kill her?
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Cold case murder victim was a bridesmaid in killer's wedding
The investigation into the 1995 murder of Texas teacher Mary Catherine Edwards went cold for years. Advances in forensic science and tireless work by investigators would reveal the startling connection between the victim and her killer.
Arrest made in Ohio dentist murder mystery
Michael McKee, 39, is accused of shooting and killing his ex-wife, Monique, and her husband, Spencer Tepe. The couple was found dead in their Columbus, Ohio, home last month. Ali Bauman reports.
Chicago man arrested in murders of Ohio dentist and his wife, police say
Michael McKee is the ex-husband of Monique Tepe, according to court records obtained by CBS News. Tepe and her husband, Spencer, were shot and killed in Columbus on Dec. 30.
Mangione's lawyers fight to block death penalty
Luigi Mangione was back in court on Friday, where his lawyers worked to block the Justice Department from seeking the death penalty in his federal trial for the killing of UnitedHealthcare CEO Brian Thompson. Mangione pleaded not guilty in April 2025.
Space
More Space
NASA hopes to return Crew 11 to Earth next week over medical issue
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
NASA cutting ISS mission short
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.
ISS crew returning early due to medical issue
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.
NASA postpones spacewalk for medical concerns
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 will bring space station crew home early after medical issue
A planned spacewalk outside the International Space Station was scrapped because of what NASA called a "medical concern" with an unidentified crew member.
Latest Galleries
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Notable Deaths in 2025
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
Extended interview: Carrie Coon
In this web exclusive, actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talks with Jim Axelrod about her return to Broadway in the play "Bug," written by her husband, Tracy Letts. She also talks about the state of Broadway today.
Extended interview: Tracy Letts and Carrie Coon
In this web exclusive, actor and playwright Tracy Letts, and actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talk with Jim Axelrod about their marriage, and their collaboration in the new Broadway production of "Bug."
Extended interview: Oprah Winfrey
In this web exclusive, Oprah Winfrey sits down with Jane Pauley to discuss her lifelong struggles with weight, which she writes about in her new book, "Enough." She also talks about how it affected the journey from her early days in broadcasting to leading a media empire.
Senate votes to hang Jan. 6 plaque
Senators last week approved the display of a plaque recognizing the police who defended the Capitol on Jan. 6, 2021, from rioters. Congress voted in 2022 to hang the plaque by March 2023, but some lawmakers opposed the law and delayed its implementation.
Rep. Salazar on Maria Corina Machado
Republican Rep. Maria Elvira Salazar of Florida says that Venezuela's opposition leader Maria Corina Machado has "earned" being in power. Machado will be meeting with President Trump this week.