SEC sues Binance, alleging it operated an illegal exchange
Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
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Securities watchdog alleges the company and CEO Changpeng Zhao diverted customer funds and sought to escape regulatory oversight.
Regulator says now-shuttered student-loan assistance company fabricated data to entice JPMorgan Chase into sale.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
The Department of Justice and the Securities and Exchange Commission are investigating the Silicon Valley Bank collapse. CBS News anchors Lana Zak and Elaine Quijano spoke with John Geiringer, a partner at Barack Ferrazzano Kirshbaum and Nagelberg, about what authorities look at in such cases and what this investigation could mean for company executives.
Dave Michaels is a reporter for the Wall Street Journal. He joins CBS News to discuss what the DOJ probe means moving forward.
The Department of Justice and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, the Wall Street Journal reported. CBS News national correspondent Errol Barnett reports from Santa Clara, California, on the fallout.
Abbott closed its Sturgis facility last year due to a bacteria outbreak, creating a nationwide formula shortage.
Russian millionaire with Kremlin ties turned $2 million into $21 million by trading on hacked corporate info, prosecutors said.
The Securities and Exchange Commission looked into embattled New York congressman George Santos' work for a company behind an alleged Ponzi scheme after he pitched an investment opportunity to a childhood friend and her former client. Watch the full “CBS Reports” documentary “Campaign of Deceit: The Election of George Santos” on Thursday. CBS News political reporter Caitlin Huey-Burns reports.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
Former FTX CEO Sam Bankman-Fried has been arrested in the Bahamas on criminal charges and faces extradition to the U.S.. He has also been charged by the Securities and Exchange Commission for allegedly defrauding investors in his cryptocurrency exchange. CBS News congressional correspondent Scott MacFarlane joins "CBS News Mornings" to explain the fallout on Capitol Hill, where Bankman-Fried had been scheduled to testify at a hearing today.
The Securities and Exchange Commission has fined Kim Kardashian more than $1 million over failing to disclose she was being paid to promote a cryptocurrency. Axios business editor Dan Primack joins CBS News to discuss the case and other market news.
Aviation giant "put profits over people" in assuring the public that its plane was safe, SEC official said.
The former security chief of Twitter has filed an explosive whistleblower complaint against the company. Peiter Zatko claims Twitter executives buried “egregious deficiencies” in the company’s cybersecurity practices. Cat Zakrzewski, a technology policy reporter for The Washington Post who co-wrote the article breaking this story, joins CBS News to discuss.
The Tesla boss's "joke on Twitter" likely sparked hope among the flailing soccer club's army of supporters as his lawyers battle over his abandoned bid to buy Twitter.
Elon Musk says his $44 billion takeover bid for Twitter is "on hold" as he seeks more information on the platform's spam accounts. CBS News tech reporter Dan Patterson has more on that, plus how Musk is also reportedly facing a SEC investigation for late disclosure after buying a substantial stake in the company.
Feds allege Hwang "propped up a $36 billion house of cards by engaging in a constant cycle of manipulative trading."
New SEC proposal requires companies to spell out bottom-line impacts of everything from floods to rising fuel costs.
Wormhole hack is one of biggest crypto heists in history, second only to $611 million theft at Poly Network last summer.
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
Report is critical of trading apps' gaming-like features, stoking of meme stocks and practice of selling customers' orders to traders.
Following an explosive interview on "60 Minutes," Facebook whistleblower Frances Haugen testified before a Senate subcommittee on Tuesday. She accused the social media giant of being morally bankrupt and said Facebook's platforms are harmful to the mental health of teens. CBS News congressional correspondent Kris Van Cleave details the hearing, then CBSN anchor Elain Quijano speaks with Nick Thompson, CEO of The Atlantic, about what Congress could potentially do to address these concerns.
Regulators said BitConnect execs pocketed funds after promising investors they could earn returns of 40% per month.
Bitcoin's meteoric rise has prompted both wild speculation and words of caution. In recent weeks, the price of the cryptocurrency has fluctuated wildly, leaving investors and regulators wondering about the future of the digital currency. Lido Isle Advisors' Managing Partner Jason Rotman joins CBSN to discuss this burgeoning market.
"Things can go very wrong" when financial markets don't adapt to new technologies, SEC nominee Gary Gensler tells lawmakers.
Izz al-Din al-Haddad was killed in a "precise strike in the area on the City of Gaza," the Israel Defense Forces said Saturday.
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Five people died in the scuba diving accident. Divers are still searching for the remains of four victims in an underwater cave.
Louisianans are voting Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday.
No injuries have been reported because of the issue, the Food and Drug Administration said.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
David White retired as the longtime principal at the Burgess-Peterson Academy in Atlanta, and then returned to the school as its handyman.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Louisianans are voting Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
The Supreme Court on Friday rejected a bid by Virginia Democrats to revive its new voter-approved congressional map that was drawn to advantage the party for the upcoming midterm elections.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Doctors are monitoring an Ebola epidemic in Africa that may be to blame for dozens of deaths so far. Lilia Luciano reports and spoke with a U.S. doctor who recovered from the virus.
The deadly hantavirus outbreak on a Dutch-flagged cruise ship was caused by the Andes virus, the only known strain to spread from person to person. Rodents are known to carry hantavirus, but what's the disease's origin story? Ramy Inocencio explains.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Izz al-Din al-Haddad was killed in a "precise strike in the area on the City of Gaza," the Israel Defense Forces said Saturday.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Time."
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Queen Bee."
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Wild About My Lovin'."
John Krasinski and Michael Kelly join "CBS Mornings" to discuss reuniting for the movie, "Tom Clancy's Jack Ryan: Ghost War," after starring in the TV series "Tom Clancy's Jack Ryan" for four seasons. They discuss the movie, their friendship and how they balance it all with their busy family lives.
Dr. Orna Guralnik speaks to "CBS Mornings" about the new season of the docuseries "Couples Therapy," which features Guralnik counseling four new couples on how to tackle issues in their relationships, including major political differences and infidelity.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
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.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
Federal prosecutors charged an Iraqi national on Friday with planning several terrorist attacks in the U.S. as retribution for the Iran war. CBS News' Anna Schecter has the latest.
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Fully automated manufacturing plants in China, or "dark factories," could overhaul modern manufacturing and eliminate the need for human workers.
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CBS News business analyst Jill Schlesinger joins "CBS Saturday Morning" to share ways that teens and young adults can maximize their summer job earnings.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Time."