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.
Bankruptcy
State Agency Approved Sale Of Mercy Hospital To Non-Profit
Mercy filed last month for Chapter 11 bankruptcy with plans to close in May, citing operating losses of $7 million per month.
U.S. Supreme Court Hears Case On Whether Drivers Can Get Cars Back From Chicago Auto Pound After Filing For Bankruptcy
The U.S. Supreme Court is deciding whether drivers can get their cars back from the city auto pound after they file for bankruptcy.
Neiman Marcus Becomes 2nd Major Retailer To Seek Chapter 11
J.Crew Files For Chapter 11 As Pandemic Chokes Retail Sector
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.
Airlines Will Offer Fewer Choices And Higher Fares After The Coronavirus Crisis
Employees Of Bankrupt Art Van Furniture Have Jobs, Benefits Terminated With COVID-19 Crisis Hitting
Employees at the bankrupt Art Van furniture stores were slapped with termination papers amid the COVID-19 outbreak.
As Art Van Furniture Files For Bankruptcy, Customer Complains He Can't Get Furniture He Ordered
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.
Boy Scouts Of America Files For Bankruptcy Protection
Sexual abuse lawsuits are forcing the Boy Scouts of America to file for bankruptcy protection.
Pier 1 Imports To Close Up To 450 Stores Amid Possible Bankruptcy
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.
Season's Greetings At Sears: Dingy Shops, Sparse Shelves
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.
Parishioners See Miracle In Weeping Virgin Mary At Holy Trinity Greek Orthodox Church Facing Foreclosure
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.
Sears And Kmart Closing 26 More Stores In October
Westlake Hospital Files For Bankruptcy
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.
Barneys Seeks Bankruptcy Protection, Closes Stores Including Chicago Locations
Stores in Chicago, Las Vegas and Seattle will close along with 12 concept and warehouse locations.
FTD, Founded 100 Years Before Swipe Right, Seeks Bankruptcy
Its other businesses, including ProFlowers, Shari's Berries and Personal Creations, will continue to operate.
Sears Sues Former CEO Eddie Lampert, Accusing Him Of Siphoning $2 Billion As Company Faced Bankruptcy
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, Known For 'Ebony,' 'Jet' Magazines, Files For Bankruptcy
Johnson publishing company, which created "Ebony" and "Jet" magazines, filed for bankruptcy this afternoon.
Sears To Open First Batch Of Smaller Stores
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.
Financial Relief For Ex-HOBO Employees Hinges On Judge's Decision
Relief could be on the way to nearly 100 employees who owe thousands in unpaid medical bills after their former employer filed for bankruptcy.
Parents Say 'Kids Day Of Fun' Was A Low-Budget Mess
Families looking to celebrate at Planet Fun this weekend, with Paw Patrol and Disney characters, felt the event was not what they paid for.
Bankruptcy Judge Gives Sears Another Chance
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.
Judge Could Decide Sears' Future Today
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.
Sears Survives A Near-Death Experience, But For How Long?
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.
Sears Avoids Liquidation, Stores To Remain Open After Chairman Wins Auction With $5.2 Billion Bid
A last-minute reprieve for Sears, after the retailer's former CEO made the winning takeover bid in a bankruptcy auction.
CBS News Chicago — Watch Live 24/7
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Experts wonder why it took vendor so long to notify Chicago Public Schools of data breach
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
Bally's River West casino plan wins key vote, final City Council approval set for Wednesday
"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: A woman fights the city over a water bill she never should have received and wins
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?
Chicago First Alert Weather: Cool and cloudy
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.
Candace Parker makes Time Magazine list of 100 Most Influential People of 2022
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.
Disturbing viral video shows United Airlines worker, former NFL player brawling at Newark Liberty Airport
The video shows the United worker and a passenger shoving and punching each other at Newark Liberty International Airport.
MLB suspends Josh Donaldson for 1 game for 'Jackie' comment
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.
Happ, Wisdom hit 3-run HRs, Cubs top Aquino, Reds
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.
Firefighters remain on scene at Pheasant Run resort two days after massive blaze
The three-alarm inferno broke out Saturday afternoon.
University of Chicago teaming up with city to install more than 100 cameras near Hyde Park campus
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.
List of rules for reopening after murder nearby has West Side gas station owner frustrated
Weeks after a violent murder outside a West Side gas station, the gas station in question is back open.
Gary school used as a neighborhood dump looks to get cleaned up
"The guy that I got this sh** from told me to bring it here and dump it."
Some city transportation authorities have safety apps to report issues and dangers; why not the CTA?
CBS 2's Tara Molina has been looking at how other cities are handling safety and security - specifically, the reporting of issues and concerns.
Getting Hosed: East Garfield Park resident $64,000 for water bill; 'There must be a mistake'
"They told me to hire a good lawyer, that this is probably a billing issue with the city."
Huntington Bank branch in heart of the Loop robbed
A Huntington Bank branch right downtown was robbed late Monday.
Algonquin school bus driver gets prestigious national award reserved for teachers
It's usually given to teachers and others who work inside schools, so this was a first.
Driver killed after Metra MD-N line hits dump truck, partially derails in Grayslake
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.
Woman arrested after shooting, killing dog that got loose in Kenosha
The woman was being held in jail late Monday and will be in court on Tuesday.
Chicago First Alert Weather: Dry and quiet
It'll be windy and wet on Wednesday with isolated thunderstorm chances. Leftover showers for Thursday.
Aldermen plan special City Council meeting Wednesday to grill police, parks, schools leadership about summer safety plans
The City Council held a similar meeting last summer, when they spent hours grilling CPD Supt. David Brown about efforts to fight violent crime.
'Chicago at the Crossroad' documentary airs in Chatham Monday night
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.
Mother of Dakotah Earley meets the man who saved his life
"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."
Final vote delayed for Mayor Lightfoot's new citywide curfew for teens
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.
Starbucks joins McDonald's in exiting Russia
After pausing operations in March, caffeine brand completes departure and condemns "horrific attacks on Ukraine."
Mental Health First Aid helps adults identify and assist children experiencing mental health crisis
Even children are learning to speak up about their struggles but sometimes grown-ups don't know how to help.
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Experts wonder why it took vendor so long to notify Chicago Public Schools of data breach
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
Bally's River West casino plan wins key vote, final City Council approval set for Wednesday
"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: A woman fights the city over a water bill she never should have received and wins
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?
Chicago First Alert Weather: Cool and cloudy
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.
Candace Parker makes Time Magazine list of 100 Most Influential People of 2022
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 Investigators
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Getting Hosed: A woman fights the city over a water bill she never should have received and wins
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 wonder why it took vendor so long to notify Chicago Public Schools of data breach
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
Getting Hosed: East Garfield Park resident $64,000 for water bill; 'There must be a mistake'
"They told me to hire a good lawyer, that this is probably a billing issue with the city."
Ransomware attacks have been on rise, and CBS 2 has found out why schools are especially vulnerable
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.
Mass shooting on Near North Side was part of a growing trend in Chicago
The troubling reality is mass shootings like this are skyrocketing in Chicago compared to the rest of the country.
Politics
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Bally's River West casino plan wins key vote, final City Council approval set for Wednesday
"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 wonder why it took vendor so long to notify Chicago Public Schools of data breach
Experts with whom we spoke said ransomware attacks in general – including those on school districts and vendors – are skyrocketing.
University of Chicago teaming up with city to install more than 100 cameras near Hyde Park campus
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.
Aldermen plan special City Council meeting Wednesday to grill police, parks, schools leadership about summer safety plans
The City Council held a similar meeting last summer, when they spent hours grilling CPD Supt. David Brown about efforts to fight violent crime.
Final vote delayed for Mayor Lightfoot's new citywide curfew for teens
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.
Consumer News
More Consumer News
Getting Hosed: A woman fights the city over a water bill she never should have received and wins
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?
Demand rises for donated breast milk amid baby formula shortage
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.
Baby formula shortage still leaves families desperate, especially those restricted by federal WIC program rules
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 to resume production of baby formula at Sturgis, Michigan plant after recall
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.
Chicago gas prices hit new record, at more than $5 per gallon
According to AAA, the average price of a gallon of regular unleaded gasoline is $5.12 as of Tuesday morning.
Health
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Pfizer says 3 of its COVID shots give kids under 5 strong protection
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.
Expert: Risk for monkeypox is low for overall population
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.
FDA clears COVID-19 booster shot for healthy kids ages 5 to 11
There is one more hurdle: The Centers for Disease Control and Prevention must decide whether to formally recommend the booster for this age group.
Abbott baby formula plant could reopen in two weeks
Sturgis plant will reopen soon as nationwide out-of-stock levels of baby formula rise above 40%.
COVID-19 reaches 'high' community risk level in Evanston
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.
Business
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City Council committee to vote on Chicago casino plan, which has some neighbors thinking of selling condos and leaving
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.
Crime and chaos downtown and beyond are keeping tourists away from Chicago
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.
Carvana tower in Skokie put on hold after Illinois suspends dealer's state license
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.
FTX cryptocurrency exchange opens new headquarters in Chicago
Mayor Lori Lightfoot helped cut the ribbon Tuesday morning to open the official U.S. headquarters of FTX, a Bahamas-based cryptocurrency exchange.
Bally's unveils further plans for Chicago casino; some aldermen say it's being pushed through too fast
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.
Sports
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Candace Parker makes Time Magazine list of 100 Most Influential People of 2022
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.
MLB suspends Josh Donaldson for 1 game for 'Jackie' comment
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.
Happ, Wisdom hit 3-run HRs, Cubs top Aquino, Reds
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.
Anderson's HR hushes Yankees, lifts Sox to twinbill sweep
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 scores first goal of season as Red Stars beat Orlando Pride
Mallory Pugh and the Red Stars took on the Orlando Pride in NWSL action Sunday.
Weather
Entertainment
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CBS unveils 2022-2023 primetime lineup
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
Dave Chappelle attacked by armed man while onstage in L.A.
The controversial comic laughed off the incident after being tackled, and video appeared to show the person who charged him being beaten onstage.
Naomi Judd, Grammy-winning singer, has died at 76
"We lost our beautiful mother to the disease of mental illness," the Judd sisters said on social media.
'Jersey Boys' is returning to a Chicago stage next week
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.
Lollapalooza announces daily lineup; single-day tickets now on sale
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.
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Viral video shows United Airlines worker fighting with passenger in New Jersey.
Disturbing video went viral Monday, showing a worker for Chicago-based United Airlines brawling with a former NFL player.
Candace Parker makes Time Magazine list of 100 Most Influential People of 2022
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.
Chicago First Alert Weather: Cool Tuesday, stormy Wednesday
CBS 2 Chief Meteorologist Albert Ramon has your 10 p.m. First Alert Weather forecast for Monday, May 23, 2022.
Getting Hosed: A woman takes on the city over bad water billing and wins -- at great cost
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.
Key City Council panel approves Chicago casino plan, but many still do not like idea at all
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.
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62nd Annual GRAMMY Awards Red Carpet Gallery
The best looks from the 62nd annual GRAMMY Awards on CBS.
Apollo 11: 'The Eagle Has Landed'
2019 GRAMMY Awards Red Carpet Gallery
Red carpet looks from the 61st annual GRAMMY Awards on CBS.
2018 Grammy Nominations
Check out some of the exceptional nominees for the 2018 GRAMMYs, only on CBS!
Bears After Dark With Cody Whitehair
