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A CVS store manager was killed on the job by a man suspected of shoplifting, police say — the latest example of a US retail theft epidemic that is becoming increasingly deadly.

Michael Jacobs, 49 — an operations manager at CVS Pharmacy in Mesa, Ariz., where he had worked for the past 20-plus years — was shot and killed allegedly by Jared Sevey in the evening hours of Sept. 7, according to KKTV 11 News.

Sevey, 39, was reportedly inside the Arizona CVS location earlier that day, arguing with Jacobs about shoplifting, KKTV reported. After the conflict, Sevey went home to get a gun.

Sevey admitted to police that he shot Jacobs because he was “tired of being bullied,” and “this was the last straw,” according to the news outlet.

The Post has sought comment from CVS, which has already resorted to installing built-in locks on freezer doors and putting padlocks around necessities like deodorant and toothbrushes at its locations in major US cities.

Jacobs left behind two children and his wife of 23 years, Stacy. Jacobs’ family has started a GoFundMe page, saying that “CVS has not even reached out to us to discuss medical expenses along with funeral expenses.” The GoFundMe has already collected over 200 donations totaling $15,402.

It’s the latest incident in a lethal trend. In April, a 26-year-old Home Depot employee was fatally shot after confronting a woman attempting to steal from the home improvement retailer’s Pleasanton store, located in the San Francisco Bay Area, according to KKTV.

Just days earlier, a pregnant shoplifter at a Walgreens in Nashville was shot by a staffer following a confrontation over stolen merchandise that resulted in an exchange of Mace and bullets. The wounded mother-to-be was rushed to the hospital, where doctors performed an emergency C-section, saving the baby and 24-year-old mother’s life.

The Walgreens worker was later charged by the Davidson County District Attorneys Office with aggravated assault, but a grand jury declined to indict him earlier this week. The new mother, meanwhile, was indicted for theft and assault.  

Representatives for Home Depot and Walgreens didn’t immediately respond to The Post’s request for comment.

Stories of seemingly consequence-free shoplifting are everywhere: There’s an epidemic of drugstore thefts in New York, and a landmark grocery store in Baltimore shut its doors after nearly 25 years after a community desperate for fresh food resorted to simply stealing it.

Experts have blamed the surge on lax policies — including the passage of Prop 47 in California, which reduced theft from a potential felony to a misdemeanor — as well as calls to defund the police in 2020 following the murder of George Floyd, which resulted in a mass exodus of cops nationwide.

In New York City, dubbed a “shoplifter’s paradise” by some fed-up local politicians, Manhattan District Attorney Alvin Bragg has faced blowback over his not requesting bail for some repeat shoplifting suspects. Bragg also has refused to bust thieves unless they pilfer items exceeding $1,000 in value, which is when theft becomes a felony.

A furor erupted in July after CVS worker Scotty Enoe, 46, fatally knifed Charles Brito after the 50-year-old serial thief punched him. Can Alvin Bragg maybe help with that?” fumed City Council Minority Leader Joe Borelli (R-Staten Island). “He just chooses not to prosecute and we end up with vigilante justice.”

With no nationwide policy on how to deal with shoplifting, many employers have encouraged staffers to do nothing at all in an effort to keep them out of harm’s way.

Lululemon became notorious for its hands-off policy after the athletic gear company axed two employees who called the police while three masked men robbed a Georgia outpost.

The company cited its zero-tolerance policy for intervening in a robbery as a reason for firing the workers, whom Lululemon refers to as “educators.”

A Walmart in Atlanta, meanwhile, will be installing a police workspace inside the store when it opens in May. The grocery store and pharmacy previously closed after it was set on fire by suspected arsonists.

The shoplifting epidemic cost retailers nearly $100 billion in 2021, and the number of shoplifting complaints surged to more than 63,000 last year — a 45% jump over the roughly 45,000 reported in 2021 and a nearly 275% jump compared to the mid-2000s, police statistics show.

Now, Bragg in New York is reportedly working to snuff out shoplifting by going after repeat offenders. Part of his plan includes focused deterrence, meaning pre-trial detention will be requested for accused thieves who have prior felony convictions, multiple open cases and a history of skipping out on court dates.

New York also has implemented an initiative dubbed the Merchants Business Improvement Program, which allows business owners to get restraining orders against suspects who repeatedly come into their stores and steal or harass workers, officials said last month.

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Amazon tops 100 satellites after weather-delayed Kuiper launch

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Amazon tops 100 satellites after weather-delayed Kuiper launch

After four previous scrubs or delays in a row since August 7th SpaceX launches Amazon KF-02 Kuipeer Satellites after the 5th attempt August 11th 2025 at 8:35 AM SLC-40 Cape Canaveral, Brevard County, Florida USA.

Scott Schilke| SipaUSA |AP

Amazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 rocket, after four previous launch attempts were interrupted by weather issues.

Monday’s launch is the fourth Kuiper mission, and Amazon now has 102 satellites in orbit.

The Falcon 9 rocket lifted off from Cape Canaveral, Florida, at 8:35 a.m. ET. Roughly an hour after launch, SpaceX confirmed all 24 of Amazon’s Kuiper satellites were successfully deployed.

The mission was originally scheduled for last Thursday, but SpaceX was forced to scrub the launch, along with three more attempts over the past few days due to rainfall.

For the second time, Amazon turned to Elon Musk‘s SpaceX, its chief competitor in the low-earth orbit satellite market, for help building out its constellation.

Read more CNBC tech news

SpaceX’s Starlink is currently the dominant provider of low-earth orbit satellite internet, with a constellation of roughly 8,000 satellites and about 5 million customers worldwide.

Amazon is racing to get more of its Kuiper satellites into space to meet a deadline set by the Federal Communications Commission.

The FCC requires that Amazon have about 1,600 satellites in orbit by the end of July 2026, with the full 3,236-satellite constellation launched by July 2029.

Amazon has booked up to 83 launches, including three rides with SpaceX.

While the company is still in the early stages of building out its constellation, Amazon has already inked deals with governments as it hopes to begin commercial service later this year.

WATCH: Amazon launches first Kuiper internet satellites into space

Amazon launches first Kuiper internet satellites into space

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Ford’s new Universal EV Platform is a game changer

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Ford's new Universal EV Platform is a game changer

Ford claims its new midsize EV pickup will have a lower cost of ownership than a Tesla Model Y and more space than a Toyota RAV4. Starting at $30,000, it will also cost about the same as the RAV4. Here’s how the new Ford EV Universal Platform will make it happen.

Ford reveals new affordable Universal EV platform

Ford’s big bet is about to pay off. The company is preparing to launch a family of affordable electric vehicles based on the new Ford Universal EV Platform.

The first vehicle based on the platform will be the promised midsize four-door electric pickup. Ford’s new EV pickup will start at around $30,000 and will be assembled at its Louisville Assembly Plant.

Based on the new Ford Universal EV Platform, it will also have more passenger space than the latest Toyota RAV4.

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“We took a radical approach to a very hard challenge: Create affordable electric vehicles that delight customers in every way that matters – design, innovation, flexibility, space, driving pleasure, and cost of ownership,” Ford’s CEO Jim Farley said during the event in Kentucky.

According to Farley, Ford is done with the “good college tries” from other Detroit automakers to make affordable EVs, promising the company’s new platform will change the game by lowering costs and optimizing efficiency.

Ford-Universal-EV-platform
Ford introduces its new Universal EV Platform (Source: Ford)

Ford is the first automaker to build prismatic LFP batteries in the US, which will not only cut costs but also free up interior space.

Farley explained that the new platform reduces parts by 20% compared to the average vehicle. It also has 25% fewer fasteners, 40% fewer worstations dock-to-dock in the plant, and 15% faster assembly time.

Perhaps, most importantly, Ford’s leader explained that it will help reduce costs for owners. Farley claimed that the new Ford Universal EV platform will enable “lower cost of ownership over five years than a three-year-old used Tesla Model Y.”

Ford-Universal-EV-Platform
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

How so? For one, it’s significantly more efficient than the first-gen Ford EVs. The wiring harness alone in the new midsize truck will be 4,000 feet shorter and 10 kg lighter.

The LFP batteries lie flat under the floor, which improves handling, creates a quiet ride, and “provides a surprising amount of interior space,” Ford said. In fact, it will have more passenger room than the latest Toyota RAV4. And that’s not even including the added Frunk and truck bed.

Doug Field, Ford’s Chief EV, digital, and design officer, said the company took inspiration from the Model T to make it more than just a utility vehicle.

Ford promises that the new electric pickup will also be fun to drive, with a targeted 0 to 60 mph time as fast as the Mustang EcoBoost, and even more downforce.

The company will release additional information for the midsize electric pickup soon, including a reveal date, final prices, range, battery sizes, and charge times.

Ford said it’s aiming for a starting price of around $30,000, with customer deliveries set to begin in 2027. The company invested around $5 billion into its Louisville Assembly Complex, creating nearly 4,000 jobs to deliver its new EV pickup and LFP batteries.

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Sequoia’s Moritz backs Intel CEO Lip-Bu Tan after Trump’s ‘artless bullying’

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Sequoia's Moritz backs Intel CEO Lip-Bu Tan after Trump's 'artless bullying'

Michael Moritz, Sequoia Capital

Scott Mlyn | CNBC

Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week.

“Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.”

Moritz, who spent decades at Sequoia Capital and has known Tan for nearly four decades, highlighted the CEO’s previous turnaround of Cadence Design Systems. Moritz said there is “no one better equipped to transform Intel’s fortunes.”

“Now the Intel board must decide whether to march to the beat of so many other corporate leaders and capitulate to the president’s artless bullying or to set an example for other companies and display some backbone,” he wrote in a piece published in the Financial Times Sunday. “Early signs of defiance are encouraging.”

Tan is set to visit the White House on Monday to assuage concerns about his background and discuss ways that Intel can work with the U.S. government.

Read more CNBC tech news

Intel shares were up nearly 5% Monday. The Wall Street Journal was first to report Tan’s White House visit.

In a post to Truth Social last week, Trump called for Tan’s resignation and said the 65-year-old was “highly CONFLICTED.” Sen. Tom Cotton, R-Ark. has also raised questions over Tan’s ties to Chinese companies and the potential national security risks.

Tan later addressed the “misinformation” in a letter to employees, saying that he has “always operated within the highest legal and ethical standards.”

Moritz joined Sequoia Capital in 1986 and stepped down in 2023. During his tenure, he made successful early bets on the likes of Google and PayPal.

WATCH: Market believes Intel -Trump turmoil will pass, says Intelligent Alpha CEO

Market believes Intel -Trump turmoil will pass, says Intelligent Alpha CEO

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