MoneyWatch headlines
Judge lets VW roll on $15B auto buyback; Apple's iPhone sales slide; and Under Armour's stock takes a breather. These headlines and more from CBS MoneyWatch.
Volkswagen
Volkswagen emission lawsuits
In a new fallout in the Volkswagen emissions scandal, lawsuits filed by three states claim top executives were involved with creating so-called "defeat devices." Software helped hundreds of thousands of so-called "clean diesel" cars pass tests in the U.S. The suits come weeks after an estimated $15 billion record settlement package with owners and regulators in the U.S. Kris Van Cleave reports.
The full episode of the CBS Evening News from the June 28, 2016 edition
Turkish officials say at least 28 people are dead and dozens more are injured after multiple explosions at Istanbul's Ataturk Airport; Rescuers are trying to untangle an 80-foot blue whale just a few miles off the coast of California
Volkswagen Pays Up
Volkswagen has agreed to pay $15.3 billion in one of the largest class-action settlements in U.S. history. Most of that will go to owners who bought so-called "clean diesel" cars. It turns out VW designed them to cheat on emissions tests. DeMarco Morgan has more.
MoneyWatch Headlines for June 28, 2016
VW to pay more than $15B to settle diesel-cheat scandal; S&P slashes U.K.'s pristine credit rating. These headlines and more from CBS MoneyWatch.
MoneyWatch Headlines for June 24, 2016
Stock plunge in U.S., Europe, Asia, on Brexit results; VW reportedly close to $10 billion settlement for emissions cheat. These and more headlines from CBS MoneyWatch.
Prince was worth at least $300 million when he died; VW scandal's cost swells to $18.2 billion; new woes for teen retailer Aeropostale
Prince was worth at least $300 million when he died; VW scandal's cost swells to $18.2 billion; new woes for teen retailer Aeropostale. These and other headlines from CBS MoneyWatch.
BP will cut 4,000 jobs as oil and gas prices nosedive, California regulators decry Volkswagen's plan to fix polluting engines and more
BP will cut 4,000 jobs as oil and gas prices nosedive, California regulators decry Volkswagen's plan to fix polluting engines and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
President Obama's gun control plan causes gun stocks to rise, federal officials sue Volkswagen for cheating emissions standards and more
President Obama's gun control plan causes gun stocks to rise, federal officials sue Volkswagen for cheating emissions standards and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Volkswagen sales have plummeted 25% amid an emissions cheating scandal this year
Volkswagen sales have plummeted 25% amid an emissions cheating scandal this year. Mike Spector is a reporter for The Wall Street Journal and has reported extensively on the automaker amid the scandal. He joins CBSN with more on what Volkswagen needs to do to pick up sales.
A frenzied weekend of shopping is underway, kicked off by Black Friday
A frenzied weekend of shopping is underway, kicked off by Black Friday, one of the biggest shopping days of the year. Also, Volkswagen's emissions scandal puts a dent in its bottom line. Mark Albert reports on the day's top MoneyWatch headlines.
Regulators again accuse VW of emissions cheating, Google plans drone deliveries, Amazon adds paternity leave and more
Regulators again accuse VW of emissions cheating, Google plans drone deliveries, Amazon adds paternity leave and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
The investigation of the Russian airline crash in Egypt continues, Ben Carson leads the GOP primary field, VW is again accused of cheating on emissions and more are among today's CBSNews.com trending stories
The investigation of the Russian airline crash in Egypt continues, Ben Carson leads the GOP primary field, VW is again accused of cheating on emissions and more are among today's CBSNews.com trending stories.
At a House subcommittee hearing, VW's American branch CEO Michael Horn apologized "on behalf of everyone at Volkswagen" for the software cheat designed to beat emissions tests found in VW clean diesel vehicles
At a House subcommittee hearing, VW's American branch CEO Michael Horn apologized "on behalf of everyone at Volkswagen" for the software cheat designed to beat emissions tests found in VW clean diesel vehicles. Kris Van Cleave reports.
VW top executive testifies in Congress, Lumber Liquidators pays millions to end investigation, Best Buy's robot salesperson and more
VW top executive testifies in Congress, Lumber Liquidators pays millions to end investigation, Best Buy's robot salesperson and more. CBS News MoneyWatch's Jill Wagner has today's CBSN Business Headlines.
Volkswagen executive expected to give congressional testimony, Heating oil usage drops, California governor signs Fair Pay Act and more
Volkswagen executive expected to give congressional testimony, Heating oil usage drops, California governor signs Fair Pay Act and more. CBS News MoneyWatch's Jill Wagner has today's CBSN Business Headlines.
The full episode of the CBS Evening news from September 29, 2015 edition
Georgia is set to execute a woman Tuesday night for the first time in 70 years, ignoring a call from Pope Francis to spare the convicted murderer's life; Dean Reynolds profiles a Minnesota nun who is also a high school football coach
As Volkswagen continues damage control from the revelation the automaker cheated on emissions tests, dealers are finding it tough to sell the company's cars
As Volkswagen continues damage control from the revelation the automaker cheated on emissions tests, dealers are finding it tough to sell the company's cars. Omar Villafranca spoke with one of those dealers Tuesday.
There’s new fallout from the emissions cheating scandal at Volkswagen
There’s new fallout from the emissions cheating scandal at Volkswagen. This year, the automaker overtook Toyota as the world's largest carmaker by sales. It happened three years ahead of the company's target. But investors punished Volkswagen's stock after the company's lie about emissions data. Can Volkswagen stay on top? Ariel Investments president and CBS News financial contributor Mellody Hobson joins “CBS This Morning” to discuss the company's former CEO Martin Winterkorn and the impact of the scandal.
Mathias Muller is now the new CEO of Volkswagen
Mathias Muller is now the new CEO of Volkswagen. He was the head of VW's Porsche line, but he’ll now steer VW through its emissions cheating scandal. Meanwhile, the EPA says it’s upping its game against all carmakers. Kris Van Cleave reports.
The full episode of the CBS Evening News from the September 22, 2015 edition
Pope Francis set foot on American soil for the first time in his life Tuesday as he landed at Joint Base Andrews and was greeted by President Obama; For ages, popes road on the shoulders of the faithful, but after an assassination attempt on Pope John Paul II, everything changed.
CBS News looks back at the hazy days before car emissions, when Los Angeles was shrouded in thick clouds of carbon monoxide and other pollutants
CBS News looks back at the hazy days before car emissions, when Los Angeles was shrouded in thick clouds of carbon monoxide and other pollutants. Ben Tracy has more.
Volkswagen’s emission scandal is getting bigger
Volkswagen’s emission scandal is getting bigger. Attorneys General in California and New York launched their own probe into the cheating software scandal along with the U.S. Department of Justice. And authorities in Germany, France and Britain called for probes into the move to equip 11 million diesel cars worldwide with software to cheat during pollution tests. Kris Van Cleave has more on this.
The pope's U.S. visit, Scott Walker's campaign exit, VW's EPA scandal, a massive drug price hike and more are among today's CBS News trending stories
The pope's U.S. visit, Scott Walker's campaign exit, VW's EPA scandal, a massive drug price hike and more are among today's CBS News trending stories.
The full episode of the CBS Evening news from September 21, 2015 edition
The EPA says Volkswagen used sophisticated software allowing U.S. cars to pass emission tests they should have failed; more than 80,000 people have committed to engage in acts of kindness as a way to honor Pope Francis' visit
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by surging energy prices.
Exclusive
New photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Patrick Clancy in his own words, only on 60 Minutes
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
Live
House speaker declares Iran nuclear issue "taken care of"
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
U.S.
More U.S.
Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
House cutting week short before adjourning until after midterms
House Speaker Mike Johnson canceled votes in the chamber that were planned for Thursday ahead of a six-week recess.
First on CBS
White House chief of staff Susie Wiles had medical procedure at Mayo Clinic
White House chief of staff Susie Wiles was diagnosed with breast cancer in March.
MoneyWatch
More MoneyWatch
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Amazon raises starting pay to $20 an hour and adds Whole Foods perks
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Own a car? You're getting socked by higher prices, and not only for gas
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
Politics
More Politics
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
House cutting week short before adjourning until after midterms
House Speaker Mike Johnson canceled votes in the chamber that were planned for Thursday ahead of a six-week recess.
First on CBS
White House chief of staff Susie Wiles had medical procedure at Mayo Clinic
White House chief of staff Susie Wiles was diagnosed with breast cancer in March.
Obamas' dog Sunny dies: "A cherished member of our family"
"As far as our family was concerned, she was pretty much perfect," former President Obama wrote about Sunny, who was a 13-year-old Portuguese water dog.
HealthWatch
More HealthWatch
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
World
More World
Village votes to leave U.K. in symbolic protest of plan to house asylum seekers
Residents of Piddington voted overwhelmingly to leave the United Kingdom in a symbolic referendum over plans to house asylum seekers nearby.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
U.S. adds sanctions on South Africa, alleging discrimination against White people
The Trump administration has announced that it will impose travel bans on officials it claims are responsible for discrimination against White people and other minority groups in South Africa.
Entertainment
More Entertainment
Entertainment
Ed Sheeran speaks out on Macklemore decision
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Food & Wine unveils list of "Best New Chefs"
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand and daughter on latest book
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Technology
More Technology
AI is making it easier for adversaries to target U.S. military, experts say
An Iran-linked adversary used Claude AI to try to target U.S. naval forces, Anthropic revealed in a recent report.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
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.
OpenAI chief on tech safety efforts
Chris Lehane, the chief global affairs officer for OpenAI, joins "CBS Mornings" to discuss recent tech leaders' efforts to address AI safety and regulations.
Expert weighs in on AI regulation
Artificial intelligence regulation has become a political flashpoint, with expert whistleblowers, frontier tech CEOs and some bipartisan politicians calling for government oversight. Meanwhile, President Trump has dismissed concerns that AI could threaten humanity. CBS News' Caitlin Huey-Burns reports, and MIT professor and AI activist Max Tegmark shares his thoughts.
Science
More Science
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Crime
More Crime
Crime
Lindsay Clancy hires new lawyer for retrial
Lindsay Clancy has hired Martin Weinberg, one of Karen Read's attorneys, as she faces a retrial for the killings of her three children. CBS News' Shanelle Kaul has more.
Family blames abortion ban for woman's death
Tierra Walker, 37, died of preeclampsia when she was 20 weeks pregnant. Her family filed a lawsuit against Texas Attorney General Ken Paxton and other doctors, alleging that the state's abortion ban led to her death. CBS News' Jericka Duncan reports.
Navy vet's murder solved after suspect who gave DNA dies by suicide
A veteran's 1987 murder has been solved, after the now-deceased suspect's DNA matched evidence at the scene of the killing, authorities said.
Georgia execution delayed for hearing under new law that may reduce sentence
A Georgia judge has put an execution on hold to allow time for a hearing on whether the sentence should be reduced under a new state law that lets victims of abuse have their sentences reconsidered.
Man arrested for alleged ISIS plot
A 21-year-old Pennsylvania man has been arrested for allegedly plotting what could have been a "mass casualty attack" inspired by ISIS, federal officials say. CBS News' Anna Schecter has more.
Space
More Space
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
More Latest Galleries
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Takeaways from photos of damage in Iran war
New images are revealing the widespread damage at multiple U.S. positions throughout the Middle East from Iranian missile and drone attacks. CBS News' Jonah Kaplan reports and CBS News national security analyst Aaron MacLean provides context.
Interest rates raised by 0.25 percentage points
The Federal Reserve voted unanimously Wednesday to raise interest rates by 0.25 percentage points in the first hike since July 2023. CBS News' Kelly O'Grady reports and Jim Baird, CFO for Plante Moran Financial Advisors, joins with analysis.
Singles tracking dating data to find love
Some singles are using spreadsheets and data collection to navigate the data pool. CBS News' Jarred Hill has more on this story.
Lindsay Clancy hires new lawyer for retrial
Lindsay Clancy has hired Martin Weinberg, one of Karen Read's attorneys, as she faces a retrial for the killings of her three children. CBS News' Shanelle Kaul has more.
Sunday on 60 Minutes: Patrick Clancy
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.