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Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
The Department of Homeland Security purchased the 825,000-square-foot (76,645-square-meter) building near the Washington County town of Hagerstown in January for $102.4 million. Among the 11 warehouses purchased nationwide, the Maryland facility was supposed to be one of the first to open, capable of housing 500 to 1,500 detainees. The Maryland lawsuit alleged that the federal …
PHOENIX (AP) — Arizona’s largest utility has agreed not to cut off electrical service to customers for nonpayment while high temperatures are 95 degrees Fahrenheit (35 degrees Celsius) or above as part of a $7 million settlement of a lawsuit prompted in part by the 2024 death of an 82-year-old woman whose power was disconnected, …
Prosecutors turned away from Federal Reserve after unannounced visit – CBS News Watch CBS News A source says prosecutors from Jeanine Pirro’s office made a surprise visit to the Federal Reserve on Tuesday to access the building’s ongoing renovations, but were denied entry. CBS News political director Fin Gómez has more.
FIFA President Gianni Infantino reiterated his stance Wednesday that Iran will participate in the World Cup “for sure” despite its war with the U.S. Speaking at CNBC’s Invest in America Forum, Infantino said it is important that Iran participates in the World Cup even though that has been in doubt since the U.S. and Israel …
Over the years, we’ve seen countless characters wander into corrupt small towns and become entrapped by the locals. Usually, the mean face of these movies is the town sheriff. The best recent example: Don Johnson’s crooked lawman in 2024’s “Rebel Ridge.” But in Ben Wheatley’s “Normal,” the good guy drifting into town IS the sheriff. …
MIAMI (AP) — Lionel Messi is being sued by a Miami-based event promoter who says the soccer icon violated terms of a $7 million contract by missing an exhibition match last year. Vid Music Group filed the lawsuit for fraud and breach of contract against Messi and the Argentine Football Association in Miami-Dade circuit court …
HILTON HEAD ISLAND, S.C. (AP) — Two golf tournaments separated by one week and 150 miles (240 kilometers) could not be any more different. The Masters is the first major of the year, a high-stress test at Augusta National that requires full attention on just about every shot because of the razor-thin difference in the …
FIFA President Gianni Infantino said Wednesday that Iran will participate in the World Cup “for sure” despite its war with the United States. Speaking at CNBC’s Invest in America Forum, Infantino said it is important that Iran participates in the World Cup even though its participation has been in doubt since the U.S. and Israel …
Illinois lawmakers are fed up with the state Department of Corrections after another audit found it has ignored state spending rules and failed to fix many mistakes that have languished for years. The Legislative Audit Commission, a bipartisan commission of state lawmakers that reviews audits of state agencies, demanded answers from Corrections Director LaToya Hughes …