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A potential merger between Capital One and Discover Financial Services is sparking antitrust concerns. The two firms are the fourth and sixth largest companies issuing credit cards to American consumers. Lucinda Shen, financial technology reporter for Axios, joins CBS News to discuss what the agreement could mean for consumers and the economy.
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Elier Sanchez, 23, and Danilxon Alvarez, 34, both charged with attempted murder for shooting a Queens cellphone store worker and stealing his $22,000 Rolex in an Astoria robbery. Sanchez was arrested for shoplifting and linked to the crime while in custody, while Alvarez was caught in New Jersey by US Marshals after barricading himself. The victim was shot multiple times during a scuffle, with the robbers fleeing on a scooter, and both men have pleaded...
Read moreIn a brief message left in the welcome book at Shannon Airport in Ireland, U.S. Treasury Secretary Scott Bessent wrote "AMERICA FIRST!" as the Trump administration's motto. Bessent was en route from Kyiv, Ukraine, to meet with President Volodymyr Zelenskyy to discuss sanctions, rare Earth minerals, and U.S. funding. Vice President JD Vance was also scheduled to meet with Zelenskyy before U.S. envoy Keith Kellogg's planned trip to Ukraine on Feb. 20 to work on...
Read moreA federal judge temporarily blocked President Trump's executive order restricting transgender health care for individuals under 19, citing harm to trans teens and young adults who had their care suspended. The judge questioned the government's argument that the order is not a nationwide ban on care but a "general policy directive." The ACLU, representing the plaintiffs, argued that the order caused fear and confusion among transgender youth and providers. The White House defended the order,...
Read moreA new study by Stanford University scientists analyzed the impact of historic 2023 rainstorms on groundwater levels in Southern California, revealing that deep aquifers did not fully recover from decades of depletion caused by pumping. Despite the storms filling reservoirs, only 25% of the water lost to pumping since 2006 was replenished in aquifers more than 150 feet underground. The study, published in Science, emphasized the need for sustained wet years to restore deep aquifers...
Read moreA New Jersey man is suing safari tour company African Portfolio for failing to ensure his wife's safety during a Zambia trip that resulted in her death in a hippopotamus attack. The lawsuit alleges that tour guides walked away during the attack, causing catastrophic injuries to Lisa Manders, who died shortly after. The company denies negligence and plans to either dismiss the lawsuit or go to arbitration. Full Article
Read morePhiladelphia Eagles rookie cornerback Cooper DeJean received a thoughtful message from Iowa alum Caitlin Clark after his Super Bowl victory, despite her loyalty to the Kansas City Chiefs. Clark, a WNBA star, congratulated DeJean on his standout performance in Super Bowl LIX, where he intercepted a pass from Patrick Mahomes and scored a touchdown on his 22nd birthday. DeJean expressed gratitude for the message from Clark, a Chiefs fan, who had previously made headlines for...
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News Wave is not responsible for the content of external sites.