Eddie Bauer's retail operator declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
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Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Spirit Airlines is ending service in nearly a dozen U.S. cities this week. The cuts could impact more than just those who fly with the budget airline.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
California's tough business environment makes it hard for retailers to survive, a top Bed Bath & Beyond executive said.
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Bed Bath & Beyond, which shut all its stores more than two years ago after filing for bankruptcy, is back. The company, rebranded as Bed Bath & Beyond Home, opened a brick-and-mortar store in Nashville, Tennessee, on Friday.
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F. Chang's.
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Regeneron, a biotech company, will acquire 23andMe for $256 million and vowed to comply with the genetic testing company's privacy policies.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation and high interest rates contributed to the Big Lots' bankruptcy, but a deal with Gordon Brothers Retail Partners will keep hundreds of stores open. CBS News contributor Javier E. David has more.
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
As truck traffic increases, government and industry haven't been able to stop thousands of so-called "chameleon carriers," with deadly consequences.
President Trump threatened attacks on bridges and power plants if Iran did not accept a deal.
Following President Trump's promise of mass deportations of undocumented immigrants, more than 200 immigration judges have been fired, forced out or retired, and are being replaced by what are advertised as "deportation judges."
U.K. counterterrorism police are investigating a spate of arson attacks against Jewish sites in London.
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian de91³Ô¹ÏÍø.
The Dane County Sheriff's office said a "significant" number of people were arrested at the Ridglan Farms facility, which has accused of constant abuse, specifically towards beagles. The facility denies the accusations.
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John 91³Ô¹ÏÍø.
President Trump's signing comes after Congress passed a 10-day extension for the controversial warrantless surveillance law.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
George Nakashima (1905-1990), considered a giant of 20th century furniture design, was a leader of the American craft movement. His legacy continues through his daughter, Mira, who took the reins of the company he founded, Nakashima Woodworkers.
Following President Trump's promise of mass deportations of undocumented immigrants, more than 200 immigration judges have been fired, forced out or retired, and are being replaced by what are advertised as "deportation judges."
The Dane County Sheriff's office said a "significant" number of people were arrested at the Ridglan Farms facility, which has accused of constant abuse, specifically towards beagles. The facility denies the accusations.
As truck traffic increases, government and industry haven't been able to stop thousands of so-called "chameleon carriers," with deadly consequences.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John 91³Ô¹ÏÍø.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
An order earlier this week blocked most above-ground construction on the project.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
HiPP is recalling some baby food jars in Austria after a sample tested positive for rat poison.
U.K. counterterrorism police are investigating a spate of arson attacks against Jewish sites in London.
The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
The head of Ukraine's Interior Ministry said the gunman took hostages and spoke to negotiators for 40 minutes before he was shot dead.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
The celebrated actors are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own.
In this web exclusive, actors Ayo Edebiri ("The Bear") and Don Cheadle ("Hotel Rwanda") talk with Tracy Smith about making their Broadway debuts in the revival of "Proof." They also discuss their love of live theater, and the early roles that inspired their passion for acting.
Celebrated actors Don Cheadle and Ayo Edebiri are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own. Cheadle and Edebiri talk with Tracy Smith about exploring the dynamics of a parent-child relationship, and how their off-stage relationship helps them on-stage.
"Sunday Morning" remembers some of the notable figures who left us this week, including children's TV producer Sid Krofft, creator of "H.R. Pufnstuf."
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
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.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
After Jade Colvin, a missing Iowa teenager, is tracked to a remote farm, photos discovered on an old cellphone reveal important clues.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
"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.
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.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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.
Pope Leo XIV clarified Saturday that "there's been a certain narrative that has not been accurate" about escalating tensions with the White House. Meanwhile, the American pontiff sought to refocus media attention on the intended purpose of his trip to Africa.
The second round of U.S.-Iran peace talks will kick off in Pakistan as the fragile two-week ceasefire is set to expire this week. Imtiaz Tyab reports on the latest.
This week on "Face the Nation with Margaret 91³Ô¹ÏÍø," U.S. Ambassador Mike Waltz joins as President Trump says negotiators are headed to Pakistan for a peace deal with Iran. Plus. Former White House adviser on energy security Amos Hochstein and former U.S. Attorney General Eric Holder join.
We leave you this Sunday morning with prairie chickens and sharp tail grouse near Ft. Pierre, South Dakota. Videographer: Kevin Kjergaard.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.