Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
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Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
The overwhelming use of force is being questioned after a chase in Florida ended with a deadly shootout. Two men who led police on the chase were killed. As Manuel Bojorquez reports, so was a UPS driver who was taken hostage and an innocent bystander.
UPS on Tuesday announced it is planning to cut 20,000 jobs as part of its plan for workforce consolidation.
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
CBS News correspondent Nancy Chen tagged along at a UPS training facility with a driver amid the holiday season rush.
UPS workers in Texas are protesting over working conditions related to the scorching heat and the lack of air conditioning in delivery trucks. CBS News Texas' Lacey Beasley reports.
Customers expecting deliveries on Friday could face a wait following a software outage that's impacting flights across the globe.
The Miami-Dade Police Department said it expected four of their officers to be indicted by a grand jury in the fatal shooting of a UPS driver and a bystander in 2019.
The nation's unemployment rate is low, but some big companies are laying off workers and requiring people to return to the office. Guy Berger, director of economic research at the Burning Glass Institute, joins CBS News to assess the state of the labor market.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
With the holiday shipping season in high gear, the concern of lost or stolen packages is of top concern. CBS News' Janet Shamlian went inside UPS World Headquarters to see how the company is using artificial intelligence to combat package thefts.
UPS is using a program called DeliveryDefense to try to cut down on package thefts.
Christmas is less than two weeks away so if you haven't sent your gifts off yet, you're running out of time. CBS News senior transportation correspondent Kris Van Cleave has the details on when you need to ship by.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Delivery company driver reporting feeling sick while working his route as temperatures topped 100 degrees.
The Teamsters Union representing UPS workers is set to announce the result of its member vote on a tentative agreement reached with the company. Arthur Wheaton, director of labor studies at Cornell University's School of Industrial and Labor Relations, joined CBS News to discuss the situation.
Under the new contract, UPS workers will get higher wages and job protections like air conditioning.
The carrier's new labor contract will increase full-time drivers' compensation roughly 17% over five years, UPS' CEO said in an earnings call.
UPS and the Teamsters union have reached a tentative deal to avoid a strike. The agreement includes installing air conditioning in delivery trucks. It will also increase wages for full and part-time workers. Abe Eshkenazi, CEO of the Association for Supply Chain Management, joined CBS News to discuss.
The contract, which raises starting pay to $21 and top pay to $49 an hour, still must be ratified by 340,000 members.
UPS and the Teamsters union are set to resume contract negotiations Tuesday in an effort to avert a devastating strike. Their current contract expires July 31. Noam Scheiber, a labor and workforce reporter for The New York Times, joined CBS News to talk about what points the two sides are still trying to find a compromise on.
Negotiations between UPS and the Teamsters Union are set to start up again Tuesday. The union representing 340,000 workers is seeking better pay, particularly for part-time workers. The current labor pact with UPS is set to expire in just one week. Zoe Levin, CEO and founder of sustainable paper essentials company Bim Bam Boo, joined CBS News to talk about how a work stoppage could affect her business.
"With a UPS strike, everyone in America will feel it if it happens," said one expert who pegged the potential economic hit at $5 billion.
It's being called the "hot labor summer." From Hollywood to hotels, workers have been walking off the job -- recent data from Cornell University shows around 119,000 U.S. workers were on strike as of May. Seth Harris, former acting U.S. Labor Secretary in 2013 under then-President Obama, joins CBS News to discuss what's driving the recent wave of strikes and how increased strike activity could affect the economy.
The latest round of negotiations between UPS and the union representing its employees have broken down without an agreement. Unionized employees overwhelmingly voted in favor of going on strike if a deal isn't reached by the end of this month. The general president of the union representing the UPS workers, Sean O'Brien, joined CBS News to talk about the situation.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
President Trump called GOP Sen. Tim Scott after the South Carolina Republican publicly urged the president to remove a reposted video depicting former President Barack Obama and former first lady Michelle Obama as apes.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
The criticism continued even after the White House removed the video after the initial backlash.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
The highest-ranked American in the men's downhill was Kyle Negomir, who finished 10th.
"Just because it seems impossible to you doesn't mean it's not possible," Vonn says.
If the June deadline is not met, the Trump administration will likely put pressure on both sides to meet it, Zelenskyy told reporters.
While the U.S. is on top of the overall Olympic medal count, it is not the country that dominates winter sports like the 2026 Milano Cortina Games in Italy.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
Becca Valle thought her headaches were migraines. Brain surgery found a deadly form of cancer.
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost one million structures. Steve Hartman has the story.
After a licensed school bus driver finished his route, he decided to help after seeing lots of other children walking to school in the cold. As Tony Dokoupil reports, the offer was short-lived.
The opening ceremony marked the official start of the 2026 Winter Olympics with celebrations at Milan's San Siro Stadium and at venues in Predazzo, Livigno and Cortina d'Ampezzo. Seth Doane reports.