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The company, whose brands include Macy's, Bloomingdale's and Bluemercury, expects the moves will save $395 million in 2020 and $630 million annually going forward.
The Lakers star and his business partner Maverick Carter are consolidating three media companies under one new one called SpringHill Co.
The job market isn't hopeless, and the job seeker isn't helpless... experts give advice on how to find a job during this economic downturn.
With so much uncertainty in the world, economic recovery will be a long, slow process.
The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Restaurants that rely on in-house dining will continue to struggle, while delivery and takeout spots will likely thrive.
Missed rent and mortgage payments can have a domino effect that hurts communities and depresses the economy.
Many restaurants are once again reopening for table service, but coronavirus has fundamentally changed the calculus of eating out.
Jill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.
An analysis is projecting a decrease in taxable sales of 26% to 38% this year and next year, which would mean between a loss of $178 to $264 billion for local governments.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The U.S. job market just endured its worst month ever, but the official unemployment rate doesn't accurately reflect the staggering job losses.
Amazon and Netflix continue to do well as coronavirus isolates people in their homes, but many other companies have benefited or may soon.
Flower shops are among the lower-risk retail that are part of the stage 2 of businesses reopening in California.
From Table Wine in New York to Quarry Wine & Spirits in Baltimore, wine stores hold on as customers seek refuge from coronavirus.
The NLDS matchup remained scoreless until the top of the seventh inning.
The California Highway Patrol recovered $200,000 worth of Apple products during a traffic stop in Los Angeles.
The Los Angeles Police Department is in pursuit of a stolen vehicle near downtown.
The ATF's Fire Research Lab played a pivotal role as investigators worked to determine what led to the destructive Palisades Fire in January.
The California Highway Patrol was in pursuit of a minibike near East Los Angeles.
The California Highway Patrol recovered $200,000 worth of Apple products during a traffic stop in Los Angeles.
The Los Angeles Police Department is in pursuit of a stolen vehicle near downtown.
The California Highway Patrol was in pursuit of a minibike near East Los Angeles.
The NLDS matchup remained scoreless until the top of the seventh inning.
Eaton Fire survivors said SoCal Edison's compensation program only offers a fraction of what they need to rebuild.
Orange County authorities have arrested a couple who allegedly stole expensive items, including a Babe Ruth-signed baseball and a rare comic book collection, from the clients of their house-sitting service.
Police say that the hit-and-run driver had previously struck a U-Haul in Rancho Mission Viejo. While fleeing the scene, she stopped the truck in the middle of traffic on Laguna Beach, where she was hit and killed on Wednesday night.
Huntington Beach police arrested the suspect, who they believe broke into churches while posing as an electrical contractor, on Wednesday.
Police said that the girl was walking home from school on Thursday afternoon when a man tried to force her into his car.
Orange County prosecutors plan to refile criminal charges for a later date.
The 71-year-old Apple Valley man was allegedly recording underage girls at the Victorville Fairgrounds over the weekend, San Bernardino County deputies said.
A 48-year-old Hesperia resident was arrested for the incident that happened early Tuesday morning in Montclair, police said.
A security camera captured a person running away from a Corona home with a 13-foot Jack Skellington statue.
Riverside police arrested two Inland Empire men for an alleged murder-for-hire case.
The suspect was arrested after stealing both a pickup truck and several thousand dollars' worth of musical instruments from a home in an unincorporated part of Hemet on Thursday.
More than 300 properties in the Pacific Palisades that were partially or completely burned in the January wildfires have received brush clearance citations, a KCAL News investigation has revealed. Ross Palombo reports.
The former Los Angeles Fire Chief Kristin Crowley has filed a legal claim against the city and Mayor Karen Bass nearly six months after she was removed as chief. KCAL Senior Report Ross Palombo has more on the legal move.
New data shows a dramatic increase in immigration arrests in our area. As Senior Reporter Ross Palombo found, we can now see exactly where these detainees are going.
Residents in the Rancho Palos Verdes have been living in fear that one day their homes might slide down the edge of the slope. Just when they thought they were going to be receiving funds to help, it got ripped away. Jeff Nguyen reports
Ross Palombo breaks down the latest numbers from ICE.
Kyle Schwarber homered twice, leading the Philadelphia Phillies to an 8-2 victory over the Los Angeles Dodgers in Game 3 of their NL Division Series.
A Texas bishop showed Pope Leo XIV a packet of letters from immigrant families "terrorized" by fear that they and their loved ones will be rounded up and deported.
Airports in several U.S. states are seeing flight delays as the government shutdown enters a second week.
Mark Sanchez was hospitalized with multiple stab wounds following a violent altercation over the weekend.
The first supermoon of 2025 will arrive soon. Here's what to know about the phenomenon.
The viral exchange has posed the question: How bad, or good, is this interaction for Katie Porter's campaign for California governor?
In this ongoing series, CBS News California Investigates correspondent Julie Watts presses candidates in the 2026 California governor's race on top issues including redistricting, immigration and homelessness.
The announcement comes days after President Trump presented a 20-point peace plan aimed at ending the war in Gaza.
A Texas bishop showed Pope Leo XIV a packet of letters from immigrant families "terrorized" by fear that they and their loved ones will be rounded up and deported.
Where do the 2026 California gubernatorial candidates stand on Proposition 50 and redistricting? Xavier Becerra, Chad Bianco, Ian Calderon, Stephen J. Cloobeck, Steve Hilton, Katie Porter, Tony Thurmond, Antonio Villaraigosa, Butch Ware, Betty Yee and Leo Zacky share their thoughts.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Lawmakers in California are expected to consider a bill that would allow cities to designate so-called "hospitality zones" where bars and restaurants can serve alcohol until 4 a.m.
A proposal brought on by Northern California lawmaker is seeking to improve the process of cleaning up abandoned shopping carts in the state, which are often a source of blight on streets and waterways.
Gov. Gavin Newsom on Friday signed a series of bills aimed at expanding access to reproductive health care and strengthening privacy protections for patients and providers in California.
LA County Department of Public Health officials said that four cases were reported between late July and August, and that the patients lived in central Los Angeles and the Antelope and San Fernando valleys.
Health officials say that the child developed a condition called subacute sclerosing panencephalitis, which can develop in someone who had a measles infection early in life.
Health and Human Services Secretary Robert F. Kennedy Jr. defended firing the director of the CDC at a hearing before a Senate committee on Thursday.
California, Oregon, Washington and Hawaii announced the formation of a health alliance to guide residents on vaccines and immunizations because of what a joint statement called "the politicization of science" by the federal government.
A charity that accepted donations of vehicles that would pay for breast cancer screenings for low-income patients agreed Thursday to pay a $3.8 million fine and to restrictions on future fundraising activities in 19 U.S. states, including Colorado.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.
Drivers of electric vehicles across California will soon lose privileges to drive in the carpool lane solo, as the Clean Air Vehicle decal program is set to end next month.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
LeBron James will miss opening night of his record 23rd NBA season due to sciatica that will be re-evaluated in three to four weeks.
Pierce, who played for the Clippers from 2015 to 2017, was arrested on the 101 Freeway after he was found asleep behind the wheel of his Range Rover on Tuesday.
Despite not getting the NLDS sweep in Game 3, the Dodgers still need just one win to clinch over the Philadelphia Phillies on Thursday night.
Adrian Kempe and Trevor Moore scored during the shootout and the Los Angeles Kings spoiled Pavel Dorofeyev's hat trick and Mitch Marner's debut in a Vegas uniform with a 6-5 win over the Golden Knights.
Jeremy Ebobisse scored in the 13th minute, substitute Frankie Amaya added a second-half goal, and LAFC beat Toronto 2-0 for its sixth straight victory.
Taylor Swift's 12th studio album, "The Life of a Showgirl," was released at midnight Friday. Swift wrote and produced the album with Swedish producers Max Martin and Shellback.
Dutch producer pitches her AI creation, Tilly Norwood, as the next Scarlett Johansson, and says several agents are vying to represent it.
Doctors are warning of a food trend inspired by the popular Netflix movie "KPop Demon Hunters" that is leading to serious burn injuries.
Dolly Parton is postponing her upcoming Las Vegas concerts over recent "health challenges," she announced Sunday.
The NFL, Apple Music and Roc Nation announced Bad Bunny will lead the 2026 Super Bowl halftime festivities at Levi's Stadium on Feb. 8 in Santa Clara, California.
The California Highway Patrol recovered $200,000 worth of Apple products during a traffic stop in Los Angeles on Thursday.
The California Highway Patrol was in pursuit of a minibike near East Los Angeles.
The father of a U.S. Navy sailor was detained in an immigration operation at an Orange County Home Depot. Michele Gile reports.
Jeff Nguyen speaks with some residents and hears from Los Angeles Mayor Karen Bass after the Los Angeles Fire Department released their after-action report on January's Palisades Fire.
A Florida man charged with igniting the deadly Palisades Fire in January will remain in jail after prosecutors told the court that he had several encounters with police prior to his arrest earlier this week. Joy Benedict reports.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
