Carvana, blaming a “recession” in auto sales, said it is cutting 2,500 jobs and informed some workers of the layoffs via Zoom. The online car retailer also sent an email to workers from CEO Ernie Garcia III that said most of the cuts would be in the company’s operations division.  …

An 8-month-old baby has died after her father left her in his car while he was getting arrested, according to the Snellville Police Department in Georgia. On Tuesday, 20-year-old Davied Japez McCorry Whatley arrived at the lobby of the police station around 2:17 p.m., the police department said in a …

Starbucks’ sales climbed to record levels in the coffee chain’s second quarter, but its profits took a hit from climbing labor and ingredient costs and as additional stores unionize.  The Seattle coffee company — which welcomed back former CEO Howard Schultz last month as its interim leader — said revenue …

Nineteen of the biggest American corporations paid little or no taxes last year, according to a new analysis of financial filings by liberal think tank Center for American Progress (CAP). That comes as U.S. companies enjoyed their most profitable year since 1950, thanks to government support as well as a …

President Biden is looking at different options to forgive an unspecified but substantial amount of federal student loan debt — a move that would thrill some of his most loyal supporters and financially strapped students nationwide, but is a departure from campaign pledges to provide limited relief. The president shared …

Washington — Marvin Richardson, the acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), is being replaced, U.S. officials tell CBS News.  It’s unclear when the change will be announced. For now, the leading candidate to replace Richardson is a U.S. attorney, the officials said.  Richardson was …

Actress Liz Sheridan, who played Helen on the hit TV series “Seinfeld,” died in her sleep of natural causes early Friday morning, her representative confirmed to CBS News. She had turned 93 five days before her death. In addition to her role as Jerry Seinfeld’s mother, Sheridan also played Mrs. …

Henry Cuellar, a U.S. representative from Texas, is not the target of a federal investigation, his attorney Joshua Berman told CBS News Wednesday. Cuellar’s home and campaign office were raided in January, but he denied any wrongdoing. “The Justice Department has informed me that Congressman Cuellar is not a target …

Technology companies led a broad slide for stocks on Wall Street as investors look ahead to the upcoming company earnings reporting season and what it will reveal about the impact inflation is having on corporate profits. The S&P 500 fell 1.7%, adding to its recent losses. The Dow Jones Industrial …

Boise, Idaho — Idaho gubernatorial candidate and antigovernment activist Ammon Bundy received a $3,000 fine and 10 days in jail Thursday for contempt of court. Bundy was immediately handcuffed in Fourth District Court in Boise and taken to the Ada County Jail. Judge Annie McDevitt ruled Bundy failed to perform 40 …