Tesla announces layoffs and plan to make more affordable vehicles
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in after-hours trading Wednesday.
Potential TikTok ban heads to Biden for signature
President Biden is set to sign a long-awaited foreign aid package that received final congressional approval Tuesday. Included with it is a provision that could lead to a ban on TikTok if the app’s China-based parent company doesn’t divest. CBS News congressional correspondent Scott MacFarlane is covering it all from Capitol Hill.
Here’s when a reverse mortgage makes sense, experts say
Reverse mortgages can often be smart financial tools in retirement, according to the experts we spoke with.
Pig kidney transplant gives woman a second chance at life
More than 89,000 Americans are waiting for a donor kidney. Recently, a New Jersey patient became the first woman and second living human to receive a kidney transplant from a pig.
Watch Live: Biden speaks after signing foreign aid bill into law
President Biden is speaking from the White House after signing a long-sought foreign aid package that provides assistance to Ukraine, Israel and Taiwan.
David Pecker, former National Enquirer publisher, testifies in Trump’s New York criminal trial
Throughout hours of testimony in Donald Trump’s New York criminal trial, David Pecker, former National Enquirer publisher, described a strategy ahead of the 2016 presidential election to buy stories and kill them to protect the former president.
2 military horses seen running loose in central London
Two military horses, including one seemingly covered in blood, went on the loose through the streets of central London and injured at least four people.
Supreme Court hearing Idaho abortion access case
For the first time since overturning Roe v. Wade two years ago, the Supreme Court is hearing a high-profile abortion case Wednesday. The Biden administration is challenging Idaho’s near-total abortion ban with a creative legal argument, saying it conflicts with an existing federal law requiring hospitals to provide emergency care for pregnant women, even if […]
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.
Biden grants clemency to 16 nonviolent drug offenders
“America is a nation founded on the promise of second chances,” President Biden said in a statement.
