A 17-year-old boy was indicted by a New York grand jury Thursday on a charge of second-degree murder as a hate crime in the stabbing death of O’Shae Sibley, a 28-year-old gay Black man, at a Brooklyn gas station last month. Michael George reports. Source
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Biden marks 1-year anniversary of PACT Act
In Utah on Thursday, President Biden celebrated the one-year anniversary of the signing of the PACT Act into law, which expanded health care services to veterans who were exposed to toxic fumes from burn pits in bases in Iraq and Afghanistan. Ed O’Keefe has more. Source
How artificial intelligence could be used in deep sea mining
High-tech robotic vehicles that utilize artificial intelligence could soon be scouring the deep sea floor for minerals needed to make batteries for electric vehicles. Ben Tracy has more. Source
Investigators say miscommunication caused United plane to drop toward ocean
Investigators found that miscommunication between pilots led to a United Airlines plane diving toward the ocean shortly after takeoff from Hawaii. Source
Despite slowing inflation, many Americans still struggling with high prices
For the first time in the U.S., credit card debt has surpassed $1 trillion. Source
Suspect indicted on hate crime charge in O’Shae Sibley’s stabbing death
A grand jury voted to indict the 17-year-old high school student for second-degree murder as a hate crime. Source
Deal puts fashion giants Versace, Coach and Michael Kors under one company
Tapestry, the company that owns Coach, Kate Spade and Stuart Weitzman, is acquiring major luxury group Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors. Source
PayPal expanding cryptocurrency offerings with new stablecoin, PYUSD
PayPal is making a major investment in its crypto strategy, introducing its own stablecoin called PayPalUSD or “PYUSD.” Stablecoin is a type of cryptocurrency with its value tied to another commodity, in this case, the U.S. dollar. Hannah Lang, financial technology correspondent at Reuters, joined CBS News to talk about the new offering. Source
How to help those affected by the Maui wildfires
Here are some organizations accepting donations to assist victims of the disastrous wildfires on the Hawaiian island of Maui. Source
Biden addresses Hawaii wildfires, marks one year of PACT Act
President Biden marked the one-year anniversary of the PACT Act by speaking at a Salt Lake City VA medical center Thursday, highlighting the law’s expanded benefits for veterans who were exposed to toxic chemicals. The president also spoke about aid efforts underway for Hawaii as wildfires devastate the island of Maui. CBS News senior White House and political correspondent Ed O’Keefe has the latest. Source