Jo Ling Kent

12 states sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, challenging the $110 billion merger. The deal would combine two major media companies, with Paramount Skydance being the parent company of CBS News. The lawsuit was reported by CBS News' Jo Ling Kent.

Rumors about Taylor Swift and Travis Kelce's wedding, despite no official announcement, are driving significant spending on prediction markets. Jo Ling Kent reports on the phenomenon.

The Federal Reserve's preferred inflation gauge, the personal consumption expenditure index, rose 4.1% year-to-year in May, the highest level in three years. The increase occurred amid the war with Iran, as reported by CBS News correspondent Jo Ling Kent.

SpaceX's market debut made Elon Musk a trillionaire and created thousands of new millionaires. The event was reported by Jo Ling Kent.

SpaceX became the largest initial public offering in history, making Elon Musk a trillionaire. The Justice Department approved a merger between Paramount Skydance, the parent company of CBS News, and Warner Bros. Discovery.

A former SpaceX welder who still holds shares in the company discusses with CBS News his involvement with SpaceX and the impact of the company going public. The interview is reported by Jo Ling Kent.

Apple is introducing new child safety features through an update designed to help parents manage screen time and enhance online safety for children. The changes are explained by Jo Ling Kent in the article.

Apple introduced new child safety features for its devices at the annual Worldwide Developers Conference in Cupertino, California. The announcement was reported by CBS News senior business and tech correspondent Jo Ling Kent.

Apple announced new safety features designed for kids and parents, altering how users interact with their devices. The announcement was reported by Jo Ling Kent.

Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.

An AI-generated movie titled 'Dreams of Violets' is set to premiere next month. The film, created with no lights, cameras, or actors, cost $2,000 and took 2 months to make, according to the director. Reporter Jo Ling Kent covered the film's production.

The governors of New Jersey and Pennsylvania are seeking measures to limit the growth of AI data centers as community members decry their expansion.

The total cost for a classic barbecue has risen nearly 10% according to a new report, yet millions plan to host summer gatherings despite high prices. The report, titled 'Affordability in America,' highlights this trend as people continue to prioritize social events.

Target, Home Depot, Lowe's, and TJ Maxx all reported first quarter earnings that exceeded expectations on Wednesday. Target experienced its strongest gains in years as the company works to recover and improve its financial performance.

A California jury dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. The lawsuit was unanimously dismissed on Monday. Elon Musk plans to appeal the decision.

A federal jury dismissed Elon Musk's lawsuit against OpenAI and Sam Altman due to the statute of limitations. The lawsuit was brought by Elon Musk, the CEO of Tesla and SpaceX. The case has been closed.

Wholesale prices in the U.S. increased by 6% last month compared to a year ago, driven by gas prices, resulting in the highest annual increase in over three years, affecting Americans. This surge indicates worsening inflation. The rise is attributed to gas prices.

Wholesale prices in the U.S. jumped 6% last month compared to a year ago, driven by gas prices, resulting in the highest annual increase in more than three years, and Americans are feeling the impact. The significant rise in wholesale prices is affecting the overall economy. This surge is the largest in over three years.

The family of Sam Nelson, a California teen, is suing OpenAI after he died from a drug overdose allegedly following advice from ChatGPT. The lawsuit is against OpenAI, the developer of ChatGPT. The case involves allegations of harmful guidance provided by an AI chatbot.

The online learning platform Canvas was hacked in a cyberattack, impacting 30 million students worldwide. The platform is used by thousands of schools, including major universities. This incident highlights significant cybersecurity concerns.

President Trump claimed oil and gas prices will drop after the war with Iran, but current prices have returned to levels seen at the start of the Ukraine war under the Biden administration. The Strait of Hormuz remains a critical factor in global energy markets.

Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.

Warner Bros. Discovery shareholders approved Paramount Skydance's $81 billion acquisition of the company. The deal, announced by CBS News, marks a significant shift in the media and entertainment industry.

Warner Bros. Discovery shareholders approved a merger with Paramount Skydance, which owns CBS News. The vote marks a strategic move in the media and entertainment industry.

Prediction market site Kalshi has suspended and fined three political candidates for 'political insider trading,' as reported by CBS News.

Tim Cook announced his resignation as Apple CEO, with John Ternus, a mechanical engineer, set to succeed him. The transition is reported by Jo Ling Kent.

Businesses using the Trump administration's portal for tariff refunds are experiencing technology glitches. The issue was reported by CBS News' Jo Ling Kent.

Tim Cook will step down as Apple CEO in September after 15 years, transitioning to chairman. Apple announced a replacement, but no name was provided in the excerpt.

Businesses began applying for refunds on tariffs imposed by President Trump, which were later ruled unconstitutional by the Supreme Court. However, applicants encountered technical issues with the newly launched refund portal.

The U.S. government may reimburse up to $175 billion to businesses after the Supreme Court ruled most Trump-era tariffs illegal. Refunds will begin processing on Monday for affected businesses.

The U.S. government may owe up to $175 billion in tariff refunds after the Supreme Court ruled most Trump-era tariffs illegal. Refunds for businesses will begin processing on Monday.

Actor Val Kilmer, who died in April, is posthumously starring in a new movie using AI to resurrect his voice and image. Filmmakers employed artificial intelligence to recreate his likeness for the film, reported by Jo Ling Kent.

The conflict with Iran is driving up costs in transportation and food production, impacting American life. CBS News senior business and tech correspondent Jo Ling Kent reports on these economic effects.

A growing number of young people in the U.S. are unable to afford homeownership due to high home prices, low incomes, and rising mortgage rates. The article explores housing market challenges and a Midwestern city's initiative to attract out-of-state homebuyers.

Inflation hit a 2-year high of 3.3% in March 2025, driven by a 21% monthly surge in gas prices linked to the Iran war. The Labor Department attributed the rise to ongoing economic pressures from geopolitical tensions.

The latest inflation numbers show higher annual inflation in March, attributed to the war with Iran. CBS News correspondent Jo Ling Kent provides analysis on the economic impact.

Stocks surged and oil prices declined on Wednesday after President Trump announced a two-week ceasefire in the Iran conflict. The market reaction reflects optimism about reduced geopolitical tensions impacting energy markets.