Business News

Cummins to recall and repair 600,000 Ram vehicles in record $2 billion emissions settlement

Cummins will recall and repair engine control software in more than 600,000 Ram vehicles equipped with the company’s diesel engines, part of a record $2 billion federal settlement over allegations that it installed software “defeat devices” that bypassed emissions testing and certification requirements, the U.S. Justice Department announced Wednesday.  The engine manufacturer is accused of circumventing […]

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What is a spot bitcoin ETF, and how will its approval by the SEC impact investors?

The Securities and Exchange Commission on Wednesday granted approval to spot bitcoin exchange-traded funds, or ETFs, backed by Wall Street, a key regulatory step expected to drive significant investment in the digital currency.  The agency gave the green light to multiple financial firms to offer spot bitcoin ETFs, including asset management giants like BlackRock, Fidelity

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Regulators Approve New Type of Bitcoin Fund, in Boon for Crypto Industry

Federal regulators on Wednesday approved a new financial product that tracks the price of Bitcoin, a landmark moment for the cryptocurrency industry that proponents hope will increase investment in the technology. The Securities and Exchange Commission authorized 11 applications by financial firms to offer what are known as “exchange traded funds” tied to Bitcoin, a

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Ecuador TV station takeover, other gang attacks latest in wave of violence

Ecuador TV station takeover, other gang attacks latest in wave of violence – CBS News Watch CBS News A series of gang attacks across Ecuador Tuesday, including the takeover of a live TV broadcast, is the latest in a wave of violence in the country over the last few years. CBS News contributor Enrique Acevedo

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Third arrest made in killing of pregnant Texas teen Savanah Soto and boyfriend Matthew Guerra

A third arrest has been made in the shooting death of a Texas teen and her boyfriend, San Antonio police said.  Myrta Romanos was charged with three felonies, including altering, destroying, or concealing a human corpse, abuse of a corpse and tampering with evidence, police announced Wednesday. Her arrest comes one week after police charged Christopher

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White House says handling of Austin cancer news was suboptimal

White House says handling of Austin cancer news was suboptimal – CBS News Watch CBS News The Pentagon continues to face fallout for the handling of information about Defense Secretary Lloyd Austin’s diagnosis and treatment for prostate cancer. CBS News chief White House correspondent Nancy Cordes reports. Be the first to know Get browser notifications

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Ancient human DNA helps explain why northern Europeans have higher multiple sclerosis risk

Ancient DNA helps explain why northern Europeans have a higher risk of multiple sclerosis than other ancestries: It’s a genetic legacy of horseback-riding cattle herders who swept into the region about 5,000 years ago. The findings come from a huge project to compare modern DNA with that culled from ancient humans’ teeth and bones —

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U.K. archaeologists uncover ancient grave holding teen girl, child and treasures:

Construction for an electricity project in the United Kingdom has led to several important archeological findings since 2020 that shed light on chapters of ancient history and the people who lived during them.  One especially interesting discovery was recently made in Lincolnshire, in eastern England, where archaeologists uncovered a grave dating back at least 1,400

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Breaking down Republican efforts to impeach DHS Secretary Alejandro Mayorkas

Breaking down Republican efforts to impeach DHS Secretary Alejandro Mayorkas – CBS News Watch CBS News The Republican-led House Homeland Security Committee held its first hearing Wednesday on the potential impeachment of Secretary Alejandro Mayorkas. CBS News homeland security and justice reporter Nicole Sganga is following the testimony by various state attorneys general at the

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