J.C. Penney Plunges Amid Weak Results, Loss Forecast
The Plano, Texas-based company said it had a loss of 32 cents per share, or well short of Wall Street expectations.
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The Plano, Texas-based company said it had a loss of 32 cents per share, or well short of Wall Street expectations.
The company has been working to recover from food scares in late 2015 that sent sales plunging.
Walmart said sales were strong across many categories but the grocery business was notable with sales rising the most in nine years.
The complaints claim Musk sought to mislead investors when he said on Twitter that he had secured the funding to take Tesla private.
The federal government racked up a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years.
The Democratic National Committee on Friday officially served its lawsuit to WikiLeaks via Twitter, employing a rare method to serve its suit to the elusive group that has thus far been unresponsive.
Four women who used to work for Nike have filed a federal lawsuit against the sporting goods giant, alleging it violated state and federal equal-pay laws and fostered a work environment that allowed sexual harassment.
The Fed has already raised rates twice this year and another two rate hikes are expected before the start of 2019.
The drink is debuting New York City, Boston, Chicago, Los Angeles, San Francisco, San Diego and Seattle before expanding to more cities this fall.
Starting Aug. 30, J.C. Penney will sell in stores items like cribs, high chairs, strollers and car seats that it had formerly sold on its website only.
A United Airlines pilot is accused of sex harassment for allegedly posting explicit photos of a female United flight attendant on the Internet, and the airline did nothing to stop it, a lawsuit alleges.
In the decade since the 2008 financial crisis, the American economy has, by most metrics, recovered what it lost.
A United Airlines pilot is accused of harassment for allegedly posting explicit photos of a female flight attendant on the Internet, according to a lawsuit filed by the U.S. Equal Employment Opportunity Commission.
The decline in Tesla's stock price suggests investors are skeptical that he can pull off the gambit.
Crocs is also closing less productive retail stores as leases expire and focusing more on online sales.
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
Gov. JB Pritzker signed sweeping regulations Friday aimed at social media companies and cracking down on "addictive algorithms" that keep kids glued to their screens.
A judge sided with the Wisconsin Elections Commission Wednesday, ruling that state law does not allow absentee voters to change their ballot after it has been returned — a setback for Democrats amid a scrambled governor's primary field.
Barnes withdrew from the Democratic primary less than two weeks before the Aug. 11 election, on the same day a newspaper reported it had asked him about allegations of inappropriate behavior reviewed by the state party.
For years, Deborah Witzburg sounded the loudest alarm when uncovering hundreds of cases of corruption and fraud inside Chicago city government.
The Trump administration is taking aim at power grid operator PJM Interconnection over rising electricity bills that affect Illinois and Indiana residents.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
East Chicago, Indiana is being placed on a precautionary boil water advisory starting Monday morning for planned installations that could affect water safety.
A new Northwestern Medicine study on long COVID shows women show more neurological symptoms than men.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
A Wisconsin appeals court reversed a lower court ruling that had declared Act 10 unconstitutional, keeping the 2011 law limiting public workers' collective bargaining rights in place as unions prepare to appeal to the state Supreme Court.
The changing developments at 1800 N. Clybourn Ave. represent a microcosm of 40 years of changing development priorities on the Clybourn Corridor as a whole, and in Chicago and beyond.
The food deserts on Chicago's South and West sides could spread even wider if seven Save A Lot grocery stores close.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
If weather forces an evacuation, shelter sites are located at Grant Park North, Grant Park South, and Millennium Lakeside Garages, accessible through the vehicle entrance on Michigan Avenue.
Grant Park was filled with tens of thousands of people Thursday for the start of Lollapalooza, as warm weather greeted festivalgoers on day one of the four-day music festival.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Sources tell CBS News the U.S. military is now contemplating a harsh attack against Iran’s energy infrastructure amidst concerns that Iran waged a cyberattack against seven U.S. states earlier this week.
The American Lung Association says nearly 125,000 people are expected to die this year alone from the disease. A new national survey found only about a third of people were aware of quick, low-dose c-t scans available for people at highest risk of the disease.
The event featured free fitness demonstrations including dancing, yoga and aerobics. Residents also took advantage of free medical screenings and got connected with local health resources.
Community leaders passed out more than 600 backpacks to immigrant, migrant, and refugee children.
Meteorologist Kylee Miller is tracking the latest in First Alert Weather.
The festival will be delayed until 3 p.m. due to "current and overnight heavy rains," according to the Lollapalooza website.
A boy was found safe after a car was stolen on Chicago's West Side.
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
The body of a man who went missing along Des Plaines River in Libertyville, Illinois, has been recovered.
A woman was shot during an attempted carjacking in Chicago's Lawndale neighborhood.
A clean energy initiative on the South Side of Chicago is increasing access to solar energy and electric vehicle charging stations, and community members say it's making a difference.
A glitch in the Illinois Tollway system earlier this month left about 100,000 drivers with unexpected warnings about unpaid tolls, some dating back about a year.
Chicago's Office of Emergency Management, which oversees roughly 200 traffic aides, says two were seriously injured by drivers this summer — leaving many uneasy on the job as Lollapalooza brings heavy traffic downtown.
Shavonne Worthy said she visited her mother's grave at Oakridge-Glen Oaks Cemetery in Hillside and found an empty hole where the headstone had stood for nearly 10 years — and the cemetery's new owner told her it was removed intentionally.
Earlier this month, charges were dropped in one case against Weinstein, but he still faces charges in New York and California.
Only two baserunners advanced past first base for Chicago, which had its three-game winning streak halted.
An injury-riddled season forced Jaylon Johnson to miss 10 games last year.
The Sky ended its seven-game losing streak against the defending champions.
Miguel Vargas, Andrew Benintendi, Munetaka Murakami and Colson Montgomery homered and the Chicago White Sox beat the American League-leading Tampa Bay Rays 6-1 on Friday night.
Founded in a garage in 2009 and later based on 16th Street, Boxing Out Negativity is now opening a significantly larger facility at Lawndale Plaza in North Lawndale.
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
A popular Little Italy neighborhood bar was the target of an early morning break-in this week. While the owners said they are upset, they are responding with some levity.
Three men accused of attacking a CBS News Chicago crew during a crime spree last month pleaded not guilty to the charges on Friday.
The Illinois Prisoner Review Board ruled Friday that Sean Grayson, convicted of second-degree murder in the 2024 killing of Sonya Massey, will remain in prison despite a medical release application citing advanced colon cancer.
Two Mundelein-area men are facing charges connected to the murder of a man who disappeared last November.
