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.
Trump "wasn't worried" during White House Correspondents' Dinner
President Trump details his experience at the White House Correspondents' Dinner, where a gunman charged toward the ballroom. He says he wasn't worried, and praised the actions of law enforcement.
What's in the "manifesto" of the White House Correspondents' Dinner shooting suspect
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
Weijia Jiang: I was on stage last night with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Live
New details emerge in White House Correspondents' Dinner shooting
President Trump was safely evacuated from the White House Correspondents' Association Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
Live
Iran's foreign minister returns to Pakistan after U.S. envoys' trip canceled
Iranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday, where he is expected to participate in talks focused on ending the war with the U.S., Iranian state media reported.
What we know about the suspect in shooting at White House Correspondents' Dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Tillis says he's ready to move forward with Warsh's nomination for Fed chair
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
Trump says he "wasn't making it that easy" for Secret Service during shooting
In an interview with "60 Minutes," President Trump described the moment he was rushed out of the White House Correspondents' Dinner after a gunman charged a security checkpoint.
5 injured in shooting near Indiana University following Little 500 races
Police said the shooting occurred after a fight outside Five Guys. The victims were women between the ages of 17 to 22 years old.
U.S.
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Ben Sasse on Senate's "smack-down nonsense" and his wish for America
Former Sen. Ben Sasse, who was diagnosed with pancreatic cancer late last year, spoke to CBS News about why Congress is dysfunctional, the promises and risks of AI and his wish for the country.
5 injured in shooting near Indiana University following Little 500 races
Police said the shooting occurred after a fight outside Five Guys. The victims were women between the ages of 17 to 22 years old.
Full transcript of "Face the Nation with Margaret Brennan," April 26, 2026
On this "Face the Nation with Margaret Brennan" broadcast, acting Attorney General Todd Blanche and Chevron CEO Mike Wirth join Margaret Brennan.
Weijia Jiang: I was on stage last night with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
What's in the "manifesto" of the White House Correspondents' Dinner shooting suspect
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
MoneyWatch
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Tillis says he's ready to move forward with Warsh's nomination for Fed chair
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Trader Joe's customers sue over coffee's caffeine levels
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
Politics
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Ben Sasse on Senate's "smack-down nonsense" and his wish for America
Former Sen. Ben Sasse, who was diagnosed with pancreatic cancer late last year, spoke to CBS News about why Congress is dysfunctional, the promises and risks of AI and his wish for the country.
Full transcript of "Face the Nation with Margaret Brennan," April 26, 2026
On this "Face the Nation with Margaret Brennan" broadcast, acting Attorney General Todd Blanche and Chevron CEO Mike Wirth join Margaret Brennan.
Tillis says he's ready to move forward with Warsh's nomination for Fed chair
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
Transcript: Rep. Jamie Raskin on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Rep. Jamie Raskin, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sir Christian Turner, U.K. ambassador to the U.S., on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Sir Christian Turner, U.K. ambassador to the U.S., that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
HealthWatch
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A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
World
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At least 16 dead in strikes across Ukraine and Russia on Chernobyl anniversary
Strikes across Ukraine, Russian-occupied territory and Russia killed at least 16 people, authorities said, as the 40th anniversary of the Chernobyl nuclear disaster prompted fresh warnings about the risks posed by attacks near the plant.
Transcript: Rep. Jamie Raskin on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Rep. Jamie Raskin, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sir Christian Turner, U.K. ambassador to the U.S., on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with Sir Christian Turner, U.K. ambassador to the U.S., that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Transcript: Sam Vinograd and AT Smith on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with CBS News national security contributor Sam Vinograd and CBS News law enforcement analyst AT Smith that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Weijia Jiang on "Face the Nation with Margaret Brennan," April 26, 2026
The following is the transcript of the interview with White House Correspondents' Association President and senior CBS News correspondent Weijia Jiang that aired on "Face the Nation with Margaret Brennan" on April 26, 2026.
Entertainment
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Entertainment
4/26: Sunday Morning
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Kacey Musgraves on writing lyrics: "There is no greater drug"
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
Extended interview: Kacey Musgraves
In this web exclusive, Grammy-winning singer-songwriter Kacey Musgraves talks with correspondent Anthony Mason about her latest album, "Middle of Nowhere," a record inspired by loneliness following a breakup, and how she grew to feel empowered by the concept of liminal space.
Kacey Musgraves on "Middle of Nowhere"
A couple of years ago, Grammy-winner Kacey Musgraves went home to east Texas to heal from a breakup. She tells Anthony Mason that in writing her latest album, "Middle of Nowhere," she learned how to embrace being alone. She also talks about the influence of her mentor, singer-songwriter John Prine, and how the emotions of her latest songs poured out of loneliness.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including acclaimed conductor Michael Tilson Thomas.
Technology
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How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
Science
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Science
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Mysterious "golden orb" found in deep sea in 2023 is finally identified
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Crime
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Crime
Breakdown of correspondents' dinner shooting
Nancy Cordes has a timeline of Saturday night's shooting at the White House Correspondents' Dinner, details on the suspect and info on the site of the attack.
U.K. ambassador: "Very confident" of security
Sir Christian Turner, the British ambassador to the U.S., told "Face the Nation with Margaret Brennan" that he is "very confident" that King Charles and Queen Camilla will have the "very best security" in their visit to the White House this week.
Podcast helps Louisiana police arrest 4 suspects in girl's 1982 murder
Police credited the podcast with generating crucial tips from the public and prompting new witnesses to approach investigators.
What's in the "manifesto" of the White House Correspondents' Dinner shooting suspect
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
What we know about the suspect in shooting at White House Correspondents' Dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Space
More Space
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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
Tony Dokoupil on political violence in America
Tony Dokoupil shares his thoughts on Saturday night's shooting at the White House Correspondents' Dinner.
Latest on correspondents' dinner shooting
Tony Dokoupil, Nancy Cordes, Matt Gutman and Weijia Jiang lay out what we know about Saturday night's shooting at the White House Correspondents' Dinner.
Deadly tornadoes pummel North Texas
At least two people died and six others were injured as severe weather rolled through North Texas Saturday night. Nicole Valdes reports on the destruction and Rob Marciano has a look at the forecast.
Extended interview: President Trump
Norah O'Donnell sat down with President Trump to discuss the moment he was rushed out of the White House Correspondents' Dinner after a gunman charged a security checkpoint. Editor's note: The video above is an extended version of the interview that was broadcast on 60 Minutes on Sunday, April 26, 2026.
Sitting next to Trump during shooting
CBS News senior White House correspondent Weijia Jiang is also the president of the White House Correspondents' Association. She describes what she experienced when shots rang out at the organization's dinner while she was sitting next to President Trump.