Federal regulators seized First Republic Bank Monday and sold it to JPMorgan Chase. It was the second largest bank failure in U.S. history behind Washington Mutual in 2008. Keith Noreika, executive vice president at Patomak Global Partners, explains the significance of the failure.
The search is intensifying for a gunman who shot five neighbors to death over the weekend. Authorities admit they have little sense of the suspect's whereabouts. 38-year-old Francisco Oropesa has been at large since the shooting just before midnight Friday in the rural town of Cleveland, Texas. Five people were killed, including a 9-year-old boy. Janet Shamlian has the latest on the manhunt.
"I felt and heard a large explosion at the back of the airplane and I knew immediately I was hit," Kim Campbell recalled 20 years later.
The Writers Guild of America continues to negotiate with studios, but as the midnight deadline approaches, a strike appears to be in the cards. More than 11,000 writers are ready to picket if no deal is reached. Entertainment Tonight cohost Kevin Frazier has the latest.
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."
Officials on Monday were surveying the damage after a powerful EF-3 tornado moved through Virginia Beach a day earlier.
General Mills has recalled several types of its Gold Medal flour due to possible salmonella contamination.
Retired Air Force Col. Kim Campbell was nearly shot down over Iraq 20 years ago. But she managed to make a miraculous landing, and now a piece of her A-10 has been sent to the Smithsonian. David Martin has the story.
We speak with local New York City leaders about a controversial policy to address homelessness. Then we hear from New England Patriots owner Robert Kraft about his new campaign to combat antisemitism. Watch these stories and more on Eye on America with host Michelle Miller.
Federal regulators took control of the troubled First Republic Bank and sold most of its assets to JP Morgan Chase overnight. President Biden assured Americans that, while depositors are being protected, the public is not bailing out the bank's investors. Weijia Jang reports.
Several people were killed when more than 80 vehicles crashed on I-55 in Illinois. Authorities say dirt from a nearby farm was blown by strong winds causing low visibility for drivers. KMOV's Caroline Hecker reports.
The U.S. continues to evacuate citizens from war-torn Sudan. Around 100 Americans arrived by boat in Saudi Arabia, bringing the total number evacuated to about 1,000. Ramy Inocencio has more.
Police said at least six people died, all in the northbound lanes, and more than 30 people on both sides of the highways were transported to the hospital with injuries.
58% of likely GOP primary voters said they'll vote for former President Donald Trump in a new CBS News poll. CBS News' Anthony Salvanto, Ed O'Keefe and Robert Costa join to discuss what the findings mean for the 2024 primary field.
CBS News has learned that President Biden has called the four congressional leaders and invited them to a May 9th meeting about the debt limit. Scott MacFarlane, Ed O'Keefe and Robert Costa have more.
Don't miss these cool swirl colorways.
The House GOP narrowly passed legislation to raise the U.S. debt ceiling last week. Lawmakers are now raising concerns that the proposal could cut veterans' programs and benefits. Florida Republican Rep. Byron Donalds talks about how he sees the standoff coming to an end.
Seven bodies were found on a property in Henryetta, Oklahoma on Monday, local media reports. Two missing teenage girls are believed to be among the dead.
The U.S. evacuation effort assisted a total of about 700 people trying to flee Sudan, amid fighting between rival generals that has led to a crisis in Africa's third-largest country.
"Nearly every single sample had PFAS in it, and at levels that consuming a single serving of fish would be equivalent to a year of contaminated water," one scientist said.
This year's theme is centered around legendary fashion designer Karl Lagerfeld, who passed away in 2019 at age 85.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
The U.S. could default on its debt as soon as June 1, Treasury Secretary Janet Yellen warned Monday.
The agency is rethinking its deposit insurance cap after three banks failed when panicked customers withdrew their funds.
The requirements end May 11, when the administration is officially declaring COVID-19 public health emergencies over.