India, Pakistan issue warnings over breaking ceasefire brokered by U.S.
A ceasefire brokered by the U.S. between India and Pakistan over fighting in the highly-contested Kashmir region appears to be holding. CBS News’ Ramy Inocencio reports.
Day: May 12, 2025
Sean “Diddy” Combs federal sex trafficking trial day 1 – live updates
Music mogul Sean “Diddy” Combs’ federal sex trafficking and racketeering trial is underway in New York City.
IRLA Congress: Legacy market shifts to proactive capital management and risk solutions
The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing sophistication, relevance, and capacity […]
Dow soars 1,000 points after U.S. and China agree to slash tariffs
Stocks soared Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting deal.
U.S. and China agree to major 90-day easing of tariffs as talks progress
The White House says the U.S. and China have agreed to suspend for 90 days most of the tariffs imposed against each other over the last couple months.
Trump ordering U.S. to pay only the price other nations do for some drugs
“We are going to pay the lowest price there is in the world,” President Trump said Monday.
Pentagon spent $21 million on flights to Guantanamo Bay amid deportation effort
The Defense Department has spent more than $21 million on flights to Guantanamo Bay, according to figures shared in a letter sent to Congress and obtained by CBS News.
Arundo Re welcomes Bergot as Non-Life Underwriter for French, Belgian, Luxembourg markets
International reinsurer Arundo Re has announced the appointment of Guillaume Bergot as Non-Life Underwriter for the French, Belgian and Luxembourg markets. With over a decade of experience in the reinsurance industry, Bergot is joining Arundo Re from Gallagher Re, where he most recently served as Reinsurance broker, a role he held for almost four years. […]
Hamas releases U.S.-Israeli hostage Edan Alexander
The American dual national Edan Alexander has been handed over more than 19 months after he was taken hostage, Hamas says.
May 12: CBS News 24/7, 10am ET
President Trump aims to lower prescription costs with new executive order; Pope Leo XIV gives first address to media, calls freedom of the press a “precious gift.”