Gast Monuments files for bankruptcy after shutting down last year
CBS News Chicago started investigating Gast Monuments after multiple families told us it never delivered the headstones they paid for.
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CBS News Chicago started investigating Gast Monuments after multiple families told us it never delivered the headstones they paid for.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Toys "R" Us opened a new standalone store in the Chicago suburb of Norridge, a surprising turnaround for the company that filed for bankruptcy in 2017.
The company, known for its plastic food storage containers, announced the filing in a statement. Chapter 11 bankruptcy allows companies to solve financial problems by restructuring. The company was founded in 1946.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Dolton, Illinois' acting police chief appeared before a federal judge and pleaded not guilty on Thursday to multiple charges of bankruptcy fraud and perjury, among others.
Federal prosecutors said Lacey lied about his income in bankruptcy statements in order to halt enforcement of a settlement order in a lawsuit filed against him.
The Winnetka-based private equity firm Osprey Capital submitted the winning bid at the bankruptcy auction Wednesday morning.
The bids come from Dutch Farms and the private equity firm Hoffman Family Companies, who said they will make a competitive offer.
The company announced Tuesday that it received a stalking horse bid to purchase its operating assets.
Express will be closing stores soon in the Loop, Lincoln Park, Lincolnwood, and Merrillville, Indiana.
Dolton Village Manager Keith Freeman has been accused of falsifying his income in a bankruptcy filing, and faces up to five years in prison if convicted.
Oberweis listed more than $4 million in unsecured debt to its top 20 creditors, including more than $770,000 to an Illinois trucking company, and more than $173,000 to the Cook County Treasurer's office, which collects property taxes.
Robert Crimo Jr. reported debts of more than $1.6 million to at least 50 creditors, not including the mortgage on his home, for which his bank already has foreclosed.
Purdue Pharma has pleaded guilty twice to federal criminal charges relating to its marketing of oxycontin.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
We have introduced you to a number of Window Depot of Chicago customers who say they company took deposits for repair jobs – but never did the work. CBS 2's Charlie De Mar has the story of another customer, and what the company's former owner said in Bankruptcy Court.
Party City filed for bankruptcy protection Tuesday after years of losses and weak sales.
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.
Delamore's voice is familiar to many who drive or take the train to work.
Street closures for the 2025 NASCAR Chicago Street Race start Thursday in and around Grant Park.
The ceremony was held at 10 a.m.
Ellie Banke posted a video singing "Dive" by Ed Sheeran and it went viral. It got so many views that it caught Sheeran's attention.
The house is being rehabbed with plans for it to be sold, but those plans could change after the village announced plans to buy the real estate at 212 E. 141st Pl.
Along with Chicago, Trump said he is focusing on Los Angeles and New York.
The man authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
The Israelis had the opportunity to assassinate Supreme Leader Ayatollah Ali Khamenei and President Trump conveyed to Prime Minister Benjamin Netanyahu that it wasn't a good idea, one U.S. official told CBS News.
For the second straight day, law enforcement officials are searching for 57-year-old Vance Luther Boelter in the shootings of two Minnesota lawmakers and their spouses.
A suspect is in custody after Minnesota state Rep. Melissa Hortman and her husband were fatally shot Saturday, while state Sen. John Hoffman and his wife were wounded.
In March, Mark Aiello bet big on basketball, and thought he won $389,000 by correctly guessing rebounds and assists by certain Chicago Bulls players.
Salah Abukhaled says Google's grip on advertising is costing him millions, and the U.S. government shares his same frustrations.
Melissa Kingsbury said she received more than 25 calls and 30 text messages in the first hour after her page was hacked, asking if she was really selling items like low-priced cars in great condition.
Michael Flores has been through a tangle with asbestos, and he ran into a loophole in state policy that could leave anyone vulnerable.
Sara Hovey and her husband were paying for a mortgage, rent and a litigation attorney, who apparently told her she should have been protected.
Recreational cyclist Phil Fox crossed back into America around 3:30 a.m. Sunday, after spending nearly three days circumnavigating over 1,000 miles around Lake Huron by bicycle.
The resignation follows an order by Health and Human Services Secretary Robert F. Kennedy Jr. to change the agency's guidance.
The norovirus strain GII.17 may have disrupted the seasonal pattern of outbreaks.
Warming temperatures due to climate change also help the arachnid survive.
As anyone who was around two years ago will remember, this is not the first time a hazy, unhealthy back of air engulfed and choked Chicago.
Salah Abukhaled says Google's grip on advertising is costing him millions, and the U.S. government shares his same frustrations.
White Sox chairman Jerry Reinsdorf has reached a deal with billionaire Justin Ishbia to potentially transfer ownership starting in 2029.
For 64 of the 82 years Kaage's Newsstand has been around, Mike Kaage has been the man propped up in front from 4 a.m. to 9 a.m. each day. Now, he says it's time to call it a day.
Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.
The store — which currently has locations in Uptown Park Ridge, west suburban Geneva, and Milwaukee — has been in business for nearly 90 years.
The judge in the Sean "Diddy" Combs sex trafficking and racketeering trial in NYC dismissed one of the jurors Monday.
Harvey Weinstein's retrial in New York took another dramatic turn when the judge declared a mistrial on the last undecided charge.
The free concert was held at the Jay Pritzker Pavilion in Millennium Park.
Weinstein was convicted of one of two counts of criminal sexual assault. The jury told the judge they hadn't reached a verdict on the third degree rape charge.
Brian Wilson was one of the world's most influential recording artists.
In a post on his Truth Social account, President Trump targeted Chicago, along with New York and Los Angeles, for a new round of mass deportation ICE raids.
The annual Juneteenth flag-raising ceremony, featuring guest speakers including Mayor Brandon Johnson, was held Monday morning at Daley Plaza.
The one-story brick house was built in 1949. It was renovated after the Prevost family lived there for 50 years.
Juror No. 6 was dismissed because of inconsistencies over where he primarily lived.
It's the latest in a series of near-daily shootings on routes to centers like this one. The private contractor, Gaza Humanitarian Foundation, runs them.
Along with Chicago, Trump said he is focusing on Los Angeles and New York.
The judge in the Sean "Diddy" Combs sex trafficking and racketeering trial in NYC dismissed one of the jurors Monday.
Ellie Banke posted a video singing "Dive" by Ed Sheeran and it went viral. It got so many views that it caught Sheeran's attention.
Delamore's voice is familiar to many who drive or take the train to work.
A man who authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved.
CBS News Chicago Investigators has obtained a communication from a child protection judge responding to an ethics complaint for giving gifts to "abused and neglected" foster kids who appear before him.
Auto thefts dropped in 2024, trend appears to be continuing into 2025. But a few new car brands are seeing increases. Police explained why.
The crematory was shut down after the CBS News Chicago Investigators exposed how bodies were being mishandled there.
Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system.
The Marsh men also recently sat down with CBS News Chicago to talk about their deep basketball bloodlines.
Rookie right-hander Kumar Rocker pitched five scoreless innings with help from some pickle juice.
Reese, 23, is the second-youngest WNBA player with a triple double.
The Cubs used a double steal to put runners on second and third in the 10th against David Bednar (1-5).
Some of the most impressive athletes in the world are competing this weekend in Chicago in a sport that is growing, and whose name they hope everyone knows in the near future.
The judge in the Sean "Diddy" Combs sex trafficking and racketeering trial in NYC dismissed one of the jurors Monday.
Along with Chicago, Trump said he is focusing on Los Angeles and New York.
Hazardous materials crews were spotted at the scene testing the letter for hazardous materials, and it was deemed to be nontoxic, the city said.
Regardless of what the circumstances turn out to be, neighbors said this is part of a wider issue — namely lack of better options for kids in their area.
The man authorities believe shot two Minnesota lawmakers and their spouses in politically motivated shootings early Saturday morning is now in custody.
