
Washington Prime Group, Parent Company Of Lincolnwood Town Center Mall, Files For Bankruptcy
Less than a week after we told you about the financial struggles at Lincolnwood Town Center, the suburban mall's parent company has filed for bankruptcy.
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Less than a week after we told you about the financial struggles at Lincolnwood Town Center, the suburban mall's parent company has filed for bankruptcy.
Mercy filed last month for Chapter 11 bankruptcy with plans to close in May, citing operating losses of $7 million per month.
The U.S. Supreme Court is deciding whether drivers can get their cars back from the city auto pound after they file for bankruptcy.
More retail bankruptcies are expected in coming weeks, with Neiman Marcus and J.C. Penney also facing problems. Gap Inc. has warned it is running out of cash and is looking for an infusion.
Employees at the bankrupt Art Van furniture stores were slapped with termination papers amid the COVID-19 outbreak.
Art Van furniture has filed for Chapter 11 bankruptcy and is offering huge savings. But as CBS 2's Jermont Terry reported Monday night, some customers at the Downers Grove store just want what they already paid for.
Sexual abuse lawsuits are forcing the Boy Scouts of America to file for bankruptcy protection.
The home goods retailer has been struggling for years against rising pressure online and from big-box rivals. Its stock, which was at $300 a share in 2015, is trading at around $5 today.
Sears once towered over the retail landscape but has been on a slow decline for years. Lampert combined Sears and Kmart in 2005, pledging to return Sears to greatness. That didn't happen. Sears was hit hard during the recession a decade ago and never recovered.
The church's caretaker first saw what appears to be oil or some other type of liquid streaming from the Virgin Mary's eyes on Sunday.
The owner of a suburban Chicago hospital whose attempt to close the facility because of a lack of patients was halted by a court order has declared bankruptcy.
Stores in Chicago, Las Vegas and Seattle will close along with 12 concept and warehouse locations.
Its other businesses, including ProFlowers, Shari's Berries and Personal Creations, will continue to operate.
Sears Holding Corp. has sued former chairman and CEO Eddie Lampert, and his hedge fund, ESL, accusing them of draining $2 billion from the company as it was headed into bankruptcy.
Johnson publishing company, which created "Ebony" and "Jet" magazines, filed for bankruptcy this afternoon.
The first three stores called Sears Home & Life will open on Memorial Day weekend and are a fraction of the size of the company's traditional stores.
Relief could be on the way to nearly 100 employees who owe thousands in unpaid medical bills after their former employer filed for bankruptcy.
Families looking to celebrate at Planet Fun this weekend, with Paw Patrol and Disney characters, felt the event was not what they paid for.
Even with this latest reprieve, Sears' long-term survival remains an open question. Lampert hasn't put forth any specific reinvention plans and the company still faces cutthroat competition from Amazon, Target and Walmart.
The decision rests with US Bankruptcy Court Judge Robert Drain, who has been hearing the case since Sears filed for bankruptcy in October. Drain has repeatedly expressed a desire to save the jobs of as many of Sears' employees as possible.
Many of Sears' unsecured creditors, who rank at the bottom of the list to be paid and include merchandise suppliers and landlords, had pressed for liquidation, contending the business was worth more dead than alive. They also questioned the propriety of certain deals Lampert has done while at Sears.
A last-minute reprieve for Sears, after the retailer's former CEO made the winning takeover bid in a bankruptcy auction.
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
"This is a generational opportunity which the city has been working towards for over 30 years," said Jennie Huang Bennett, the mayor's chief financial officer.
Getting Hosed, our exposé on Chicago's bad water billing, has saved consumers hundreds of thousands of dollars. So we wanted to know - what happens if you take on the City yourself?
According to CBS 2 Chief Meteorologist Albert Ramon, expect it to be partly cloudy and cool for Tuesday with highs ranging from low 60s near the lake, to low 70s along and south of I-80.
The accolades continue to roll in for Candace Parker – a day after she became the oldest player ever to make a triple-double in WNBA history when the Sky took on and beat the Washington Mystics on Sunday.
The video shows the United worker and a passenger shoving and punching each other at Newark Liberty International Airport.
Major League Baseball suspended Josh Donaldson for one game Monday after the New York Yankees slugger made multiple references to Jackie Robinson while talking to White Sox star Tim Anderson during the weekend.
Ian Happ and Patrick Wisdom hit three-run homers and the Chicago Cubs beat the Cincinnati Reds Monday night despite two home runs by Aristides Aquino.
The three-alarm inferno broke out Saturday afternoon.
The university is providing a $3 million grant to the city to fund installation of 110 new police surveillance cameras and license plate readers in the neighborhoods surrounding its South Side campus.
Weeks after a violent murder outside a West Side gas station, the gas station in question is back open.
"The guy that I got this sh** from told me to bring it here and dump it."
CBS 2's Tara Molina has been looking at how other cities are handling safety and security - specifically, the reporting of issues and concerns.
"They told me to hire a good lawyer, that this is probably a billing issue with the city."
A Huntington Bank branch right downtown was robbed late Monday.
It's usually given to teachers and others who work inside schools, so this was a first.
Metra said the driver of the truck was killed in the crash. A Metra passenger was taken to a local hospital with non-life-threatening injuries.
The woman was being held in jail late Monday and will be in court on Tuesday.
It'll be windy and wet on Wednesday with isolated thunderstorm chances. Leftover showers for Thursday.
The City Council held a similar meeting last summer, when they spent hours grilling CPD Supt. David Brown about efforts to fight violent crime.
It was released three years ago after Brian Schodorf filmed it over the course of 15 years. In the film, Schodorf examines the root causes of violence in the city... and how chicago isn't making any progress to stop it.
"Dave's my hero. He's my family's hero. He's Dakotah's hero. So glad he did what he did. I wouldn't have my son."
The mayor has proposed rolling back the citywide curfew for minors from 11 p.m. to 10 p.m. on Friday and Saturday nights, and to expand the city's curfew to include 17-year-olds.
After pausing operations in March, caffeine brand completes departure and condemns "horrific attacks on Ukraine."
Even children are learning to speak up about their struggles but sometimes grown-ups don't know how to help.
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
"This is a generational opportunity which the city has been working towards for over 30 years," said Jennie Huang Bennett, the mayor's chief financial officer.
Getting Hosed, our exposé on Chicago's bad water billing, has saved consumers hundreds of thousands of dollars. So we wanted to know - what happens if you take on the City yourself?
According to CBS 2 Chief Meteorologist Albert Ramon, expect it to be partly cloudy and cool for Tuesday with highs ranging from low 60s near the lake, to low 70s along and south of I-80.
The accolades continue to roll in for Candace Parker – a day after she became the oldest player ever to make a triple-double in WNBA history when the Sky took on and beat the Washington Mystics on Sunday.
Getting Hosed, our exposé on Chicago's bad water billing, has saved consumers hundreds of thousands of dollars. So we wanted to know - what happens if you take on the City yourself?
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
"They told me to hire a good lawyer, that this is probably a billing issue with the city."
CPS officials said a technology vendor, Battelle for Kids, was the victim of a ransomware attack last December, on a server that stores course information and evaluations.
The troubling reality is mass shootings like this are skyrocketing in Chicago compared to the rest of the country.
"This is a generational opportunity which the city has been working towards for over 30 years," said Jennie Huang Bennett, the mayor's chief financial officer.
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
The university is providing a $3 million grant to the city to fund installation of 110 new police surveillance cameras and license plate readers in the neighborhoods surrounding its South Side campus.
The City Council held a similar meeting last summer, when they spent hours grilling CPD Supt. David Brown about efforts to fight violent crime.
The mayor has proposed rolling back the citywide curfew for minors from 11 p.m. to 10 p.m. on Friday and Saturday nights, and to expand the city's curfew to include 17-year-olds.
Getting Hosed, our exposé on Chicago's bad water billing, has saved consumers hundreds of thousands of dollars. So we wanted to know - what happens if you take on the City yourself?
With parents struggling to navigate the baby formula shortage, breast milk donation banks are seeing a sharp increase in demand — but also a jump in donations.
Walk into the baby formula aisle at just about any drug or grocery store around the country, and you will still see rows of empty shelves.
Abbott Nutrition said after its plant in Sturgis, Michigan gets back in operation, product could be back on shelves in six to eight weeks, subject to approval by the Food and Drug Administration.
According to AAA, the average price of a gallon of regular unleaded gasoline is $5.12 as of Tuesday morning.
The company says it'll give U.S. regulators the data soon. Moderna is already seeking U.S. clearance to vaccinate kids 5 and under.
It has been almost three months since city leaders dropped COVID-19 restrictions – but as we head toward summer, experts warn we could see more COVID cases.
There is one more hurdle: The Centers for Disease Control and Prevention must decide whether to formally recommend the booster for this age group.
Sturgis plant will reopen soon as nationwide out-of-stock levels of baby formula rise above 40%.
The Evanston Department of Health and Human Service reported 397 new COVID-19 cases over the last seven days – up from 305 the prior week.
There is still a push from nearby residents to stop the billon-dollar Bally's project that is planned for the Chicago Tribune Freedom Center site in River West.
Such events as the chaos downtown that led to a deadly shooting right in the middle of Millennium Park have led people to cancel trips, meetings, and events in Chicago because they don't feel safe.
The village of Skokie is telling Carvana it cannot build a proposed 14-story car vending tower, just three months after the project won approval from village trustees.
Mayor Lori Lightfoot helped cut the ribbon Tuesday morning to open the official U.S. headquarters of FTX, a Bahamas-based cryptocurrency exchange.
The city did not conduct a new safety study to determine how crime would be impacted by a casino - in hopes of getting the casino up and generating revenue quickly.
The accolades continue to roll in for Candace Parker – a day after she became the oldest player ever to make a triple-double in WNBA history when the Sky took on and beat the Washington Mystics on Sunday.
Major League Baseball suspended Josh Donaldson for one game Monday after the New York Yankees slugger made multiple references to Jackie Robinson while talking to White Sox star Tim Anderson during the weekend.
Ian Happ and Patrick Wisdom hit three-run homers and the Chicago Cubs beat the Cincinnati Reds Monday night despite two home runs by Aristides Aquino.
Tim Anderson hit a three-run homer and then put a finger to his lips to silence fans booing and chanting "Jackie" at him, capping a tumultuous weekend at Yankee Stadium and helping the Chicago White Sox beat New York Sunday night for a doubleheader sweep.
Mallory Pugh and the Red Stars took on the Orlando Pride in NWSL action Sunday.
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
The controversial comic laughed off the incident after being tackled, and video appeared to show the person who charged him being beaten onstage.
"We lost our beautiful mother to the disease of mental illness," the Judd sisters said on social media.
The new national tour of "Jersey Boys" opens next week at the Cadillac Palace Theatre, celebrating the music of the Frankie Valli and the Four Seasons.
The lineup includes Thursday headliners Metallica and Lil Baby, Friday headliners Dua Lipa and Machine Gun Kelly, Saturday headliners J. Cole and Kygo, and Sunday headliners Green Day and Doja Cat.
Disturbing video went viral Monday, showing a worker for Chicago-based United Airlines brawling with a former NFL player.
The accolades continue to roll in for Candace Parker – a day after she became the oldest player ever to make a triple-double in WNBA history when the Sky took on and beat the Washington Mystics on Sunday.
CBS 2 Chief Meteorologist Albert Ramon has your 10 p.m. First Alert Weather forecast for Monday, May 23, 2022.
Every water bill we've looked into in four years is wrong. And if you want to fight your baloney water bill all yourself, odds are you’ll lose. But one extraordinary woman who found herself getting hosed stands out as an exception. CBS 2 Investigator Brad Edwards reports.
Mayor Lori Lightfoot’s casino gamble appears to be paying off, as Bally’s bid to build in River West cleared a key hurdle Monday. But as CBS 2’s Asal Rezaei reports, some aldermen and residents alike aren’t so pleased about it all.
The best looks from the 62nd annual GRAMMY Awards on CBS.
Red carpet looks from the 61st annual GRAMMY Awards on CBS.
Check out some of the exceptional nominees for the 2018 GRAMMYs, only on CBS!