Shares of SpaceX tumbled on Wednesday despite reporting strong revenue growth in its first public quarterly earnings report, as investors questioned the rocket maker’s accelerating investment in artificial intelligence. SpaceX shares tumbled $10.06, or 8%, to $115.27 in early afternoon trading on Wednesday. Investors are worried that the company’s massive investments in artificial intelligence won’t be enough…
State Rep. Donavan McKinney has defeated incumbent U.S. Rep. Shri Thanedar in Michigan’s 13th Congressional District, CBS News projects. The two Democrats both hold strong progressive policy viewpoints but differ in their backgrounds and values ahead of the Democratic primary. Thanedar, who is finishing up his second term in Congress, was largely self-funding his campaign….
Geoffrey Fieger, who campaigned with the flamboyant theatrics he used as Jack Kevorkian’s lawyer, won a narrow victory in the Democratic primary for Michigan’s governor. “There’s a movement going on here, and that movement will turn out voters in unprecedented numbers,” Fieger said Wednesday at a news conference where he claimed victory. He renewed his…
Rep. Wesley Bell on Tuesday beat former congresswoman Cori Bush in a heated Democratic primary in Missouri’s 1st Congressional District, CBS News projects. The race was the latest display of intraparty rifts between establishment Democrats and democratic socialists over the future of the party and the U.S. alliance with Israel. Given the district’s heavily Democratic…
Water levels on the Danube River, the second longest in Europe, have dropped so low because of drought that the hulks of dozens of World War II German battleships — and even the remains of an ancient woolly mammoth — are emerging into view. They are a curious distraction from the summer heat crisis. The…
Gloria Gaynor’s “I Will Survive” has been a motivational anthem for nearly five decades – but it didn’t just serve as inspiration for millions of fans. Gaynor told “CBS Mornings” the song gave her hope during one of the most difficult periods of her life. After a fall on stage in 1978 at New York’s Beacon…
Protesters outside an event in Gran Rapids for Michigan Rep. Haley Stevens were registering their concern about the tens of millions of dollars spent on her Senate campaign by the American Israel Public Affairs Committee, or AIPAC, and its affiliated groups on Monday, the day before the Michigan primaries. CBS News senior White House and…
This story previously aired on July 16, 2016.. It was summer in Miami — two years before her death — and Sylvie Cachay was on top of the world. From all over the country, top bathing suit designers were vying for attention. But it seemed all eyes were on Sylvie and her swimwear line, Syla….
California’s High-Speed Rail Authority repeatedly missed key deadlines to buy its trains, a failure federal officials cited when they pulled $4 billion in funding a year ago. More than a year and a half after the original deadline, the authority still cannot say when it expects to award the contract. The state says that the…
Amanda DeSimone-Shabrack relies on a home healthcare aide to help her high-needs autistic 12-year-old son. Virginia’s Medicaid program covers the assistance, enabling her to work as both an education technology specialist and a professor, run errands, and keep Mason in the home. That could change. In June, the Department of Justice issued a legal opinion…
