Silicon Valley Bank failure having worldwide repercussions
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Silicon Valley
Silicon Valley Bank's collapse shocks customers and investors
The 40-year-old financial institution, which caters to tech firms, was abruptly shuttered after fears of a bank run.
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 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.
Why FTX's collapse could have a global impact
Cryptocurrency lender BlockFi has filed for bankruptcy after more than 100 FTX companies also failed just weeks ago. Theodore Schleifer, a Silicon Valley reporter for Puck News, joins CBS News to discuss the global impact of the collapse of cryptocurrency exchange FTX and more.
Ex-Theranos CEO sentenced to 11 years in prison
The disgraced founder of the failed blood testing company Theranos was sentenced Friday to more than 11 years in federal prison. Elizabeth Holmes was convicted of fraud and conspiracy earlier this year for misleading investors and endangering patients with a bogus blood-testing technology.
Apple CEO Tim Cook on newest technology
"CBS Mornings" co-host Nate Burleson goes to Apple's headquarters in Silicon Valley to spend time with CEO Tim Cook and get an exclusive look at a new iPhone safety feature. The two talk about the newest Apple features, the economy and Cook's future.
Meta's massive layoffs
Mark Zuckerberg's Meta is laying off 13% of its workforce, as Silicon Valley companies face faltering revenues and other economic woes.
Top tech companies facing economic downturn
The tech industry saw massive gains during the pandemic, but an economic downturn has left some businesses in financial jeopardy. CBS News tech reporter Dan Patterson joined Tony Dokoupil and Lana Zak to discuss the layoffs and hiring freezes happening at top tech companies.
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out its use of Anthropic's AI products.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Bill Clinton at Epstein deposition: "I saw nothing, and I did nothing wrong"
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
Stocks tumble as investors fret over inflation data, AI
Stocks fell in afternoon trading after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
DOJ charging 30 more people for roles in anti-ICE protest at Minnesota church
The criminal civil rights case has also ensnared journalist Don Lemon.
Pentagon shoots down Customs and Border Protection drone in Texas, officials say
A U.S. official says a laser weapon was used to down the drone in the area of Fort Hancock, a small community on the U.S.-Mexico border.
Renee Good's dad: I would take those bullets a thousand times to protect her
In an interview airing tonight on "CBS Evening News," Renee Good's family said they would trade their lives for hers if they could.
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Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
Small business owner is already giving her customers a tariff refund
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out its use of Anthropic's AI products.
Renee Good's dad: I would take those bullets a thousand times to protect her
In an interview airing tonight on "CBS Evening News," Renee Good's family said they would trade their lives for hers if they could.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
MoneyWatch
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Small business owner is already giving her customers a tariff refund
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
Stocks tumble as investors fret over inflation data, AI
Stocks fell in afternoon trading after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
Rival bills want to make homebuying more affordable. Here's how.
Two competing bills would restrict big investors from buying single-family homes, but they take different approaches.
State Farm to offer $100 average refund to car insurance customers
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
Politics
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Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out its use of Anthropic's AI products.
Trump says he's "not happy" with progress in Iran negotiations
President Trump said Friday that he is "not happy" with the pace of progress in negotiations with Iran.
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Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Health premiums threaten their nest egg. A terminal diagnosis may spare it.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
Could "kidulting" be the way to take the work out of your workout?
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
World
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Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Rare 2,000-year-old treasure unearthed by metal detectorists
The find was made on a farmer's land in western Wales, museum Amgueddfa Cymru said.
Trump says he's "not happy" with progress in Iran negotiations
President Trump said Friday that he is "not happy" with the pace of progress in negotiations with Iran.
Boy's birth brings hope for Amazon tribe facing possible extinction
One official calls a newborn boy "a symbol of the resistance of the Akuntsu people, but also a source of hope for Indigenous peoples."
U.S. clears some diplomatic staff to leave Israel amid tension with Iran
As Trump leaves the threat of war on the table amid nuclear talks with Iran, the State Department urges Americans to "consider leaving Israel" while they can.
Entertainment
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Book excerpt: "Never Mind the Happy" by Marc Shaiman
In his memoir, the Tony Award-winning composer of such hits as Broadway's "Hairspray" writes of his half-century in show business, which grew in part from his youthful worship of Bette Midler - an adoration that would grow into a collaboration.
"Sinners" composer on blues music journey
For Oscar-winning composer Ludwig Goransson, creating the score for "Sinners" was a challenge, explaining he had to find his "voice within the blues." He describes his unlikely personal connection to the music and how he met the film's director.
"Scream" creator on directing latest movie
"Scream" writer and creator Kevin Williamson describes his passion for horror films and being asked to direct a "Scream" movie for the first time, at the request of one of the returning stars. Natalie Morales reports.
Bobby J. Brown, "The Wire" and "Law & Order: SUV" actor, dies at 62
Bobby J. Brown's breakout role was as a police officer on HBO's "The Wire." He appeared in 12 episodes across four seasons.
Morgan Freeman on AI replicating his voice
Legendary actor Morgan Freeman, who has starred in more than 100 movies in his six-decade career, joins "CBS Mornings" to talk about narrating the docuseries "The Dinosaurs" and how he's fighting the use of artificial intelligence to replicate his iconic voice.
Technology
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Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out its use of Anthropic's AI products.
Pentagon's deadline nears for Anthropic
The Pentagon's Friday afternoon deadline for Anthropic on granting use of its AI technology for certain military matters is rapidly approaching. Axios tech reporter Maria Curi joins CBS News with more.
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.
Official on Pentagon-Anthropic standoff
Emil Michael, the U.S. under secretary of defense for research and engineering, speaks with CBS News' Jennifer Jacobs about how the military can benefit from artificial intelligence and defends the Pentagon's stance in its dispute with Anthropic over the use of the AI model Claude. Michael says the military has "made some very good concessions" and hopes Anthropic will do "the right thing" and reach a deal.
Pentagon's clash with Anthropic over AI use
The Pentagon's ultimatum for Anthropic on the use of its AI technology could impact U.S. military readiness. Tara Copp, a national reporter for The Washington Post, joins CBS News with more.
Science
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NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Crime
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Crime
Bill Clinton opening statement for deposition
Former President Bill Clinton is being deposed by members of the House Oversight Committee over his alleged links to Jeffrey Epstein. CBS News' Nikole Killion reports.
Did ICE lie before detaining NYC student?
Columbia University acting president Claire Shipman described the ICE detention of student Elmina "Ellie" Aghayeva, claiming agents gained entry to a residential building by stating they were police seeking a missing child. CBS News' Tom Hanson reports.
Bill Clinton's turn for Epstein deposition
Former President Bill Clinton is up next for a deposition before members of the House Oversight Committee regarding his alleged links to convicted sex offender Jeffrey Epstein. CBS News' Nikole Killion reports.
Latest news Columbia student taken by ICE
Columbia University student Elmina Aghayeva has been released after ICE took her from one of the institution's residential buildings. CBS News' Tom Hanson reports.
Epstein files questionings continue
Kentucky Republican Rep. James Comer, the chairman of the House Committee on Oversight and Accountability, said Commerce Secretary Howard Lutnick may be asked to testify on his knowledge of convicted sex offender Jeffrey Epstein's dealings. This comes as former President Bill Clinton prepares for his deposition. CBS News' Nikole Killion reports.
Space
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Space
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Artemis II moon rocket hauled off launch pad for repairs
Fixing the Space Launch System rocket's helium pressurization problem has pushed the Artemis II launch to at least April 1.
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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
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Latest CBS News Videos
Renee Good's dad: I'd trade my life for hers
More than a month after she was killed by an ICE agent in Minneapolis, Renee Good's family tells "CBS Evening News" they would trade their lives for hers "a thousand times" in an emotional interview airing tonight.
Oman's foreign minister on U.S.-Iran talks
Omani foreign minister Badr bin Hamad Al Busaidi, a key mediator in the US-Iran nuclear talks, tells "Face the Nation" moderator Margaret Brennan that he's confident "a peace deal is within our reach" between the U.S. and Iran as negotiators meet over Tehran's nuclear program. He also said, "I don't think any alternative to diplomacy is going to solve this problem." Al Busaidi met with Vice President JD Vance in Washington, D.C., on Friday.
Hunt on why he's running for senator in Texas
Texas Rep. Wesley Hunt speaks with CBS News' Ed O'Keefe about why voters should choose him to become the next Republican nominee for U.S. Senate over incumbent Sen. John Cornyn and state Attorney General Ken Paxton. Hunt says he will commit to serving only two terms if elected, arguing that Cornyn has held the seat for too long.
Trump slams Iran negotiations
President Trump says he is not happy with the way Iran carried out negotiations on its nuclear program in Geneva. CBS News' Nancy Cordes has more.
U.S. shoots down another drone near border
The U.S. shot down a Border Patrol drone near the Texas border. CBS News' Kris Van Cleave reports.