Roughly 11,000 Los Angeles city workers walked off the job Tuesday as negotiations over a new contract have stalled. The striking workers included members of the sanitation department, airport workers and traffic officers. Mark Strassmann reports. Source

The maker of diabetes and weight loss medication Wegovy said a trial found that the drug can also cut the risk of cardiovascular disease by 20%. Source

The state of Texas has sweltered this summer under a seemingly endless cycle of extreme heat warnings. Those high temperatures have put a strain on the state’s power grid, with Texas’ grid operator saying demand for energy has set seven records this summer alone. Emily Foxhall, Texas Tribune energy reporter, joins CBS News to give an update on how the state’s power grid is performing. Source

The class action lawsuit claims the Pentagon’s failure to correct “ongoing discrimination” represents a violation of constitutional rights. Source

Bank stocks fell Tuesday after Moody’s Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market. Source

The U.S. has a new national monument and it’s called the “Ancestral Footprints of the Grand Canyon.” President Biden was there for Tuesday’s announcement. CBS News’ Bo Erickson followed the president’s visit and spoke with tribal leaders about what this means for them. Source

Former President Donald Trump said Tuesday at a campaign event in New Hampshire that he “should have four” indictments by sometime next week — likely referring to the 2020 election investigation in Georgia. CBS News congressional correspondent Nikole Killion reports from Atlanta. Source

A federal judge set a hearing for Friday to address the special counsel’s request for a protective order in former President Donald Trump’s Jan. 6 case. Trump’s lawyers say the request is asking the court to censor his political speech. CBS News legal contributor Jessica Levinson breaks down the latest developments. Source

The Supreme Court voted Tuesday to reinstate regulations on untraceable homemade weapons — known as ghost guns — while the legal challenges play out. CBS News senior White House and political correspondent Ed O’Keefe explains more about the ruling. Source

The Houston Police Officers’ Union said it was in “complete disbelief” at the news. Source