Bankrupt Indiana Casinos In Hands Of Investment Firm
A Minnesota investment firm has taken over two northwestern Indiana casinos as the casino company continues going through bankruptcy reorganization.
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A Minnesota investment firm has taken over two northwestern Indiana casinos as the casino company continues going through bankruptcy reorganization.
So far, Chicago native Sharon Bialek is the only one of four women who have accused Republican presidential candidate Herman Cain of sexual harassment to speak out publicly about the allegations. Now, a day after she came forward, we are learning more about her and her reasons for going public.
The Tribune Company bankruptcy case remains unsettled, after a federal judge rejected the latest plans.
Former employees of Moo & Oink meat markets have been fighting to force the chain to pay them pension and health benefits they are still owed from the months before Moo & Oink stores started closing.
Beginning Friday, everything at the remaining Borders bookstores is 40 percent off.
You're underwater, you're upside down, but you're not in foreclosure. You can afford the monthly payment on your home, but it's eating up most of your income. That's the situation for many homeowners and as CBS 2's Dorothy Tucker reports some are choosing to give up their homes.
Not too many years ago, gleaming new Borders bookstores were heralded as catalysts for development in many neighborhoods. But soon, they will all be gone.
With no viable bids to buy the troubled book retailer, Borders seeks court approval to liquidate its surviving 400 stores, bringing an end to a chain that until early this year had several stores in the Chicago area.
Dodgers owner Frank McCourt may have won the first round in a bankruptcy court fight with Major League Baseball, however the two sides are gearing up for what could be a protracted battle for control of one of the most storied teams in baseball.
The Los Angeles Dodgers filed for bankruptcy protection in a Delaware court Monday, blaming the refusal of Major League Baseball to approve a multibillion-dollar TV deal that owner Frank McCourt was counting on to keep the troubled team afloat.
A two-week hearing begins Monday to determine the fate of Tribune Company.
Chicago-based Giordano's Pizza has filed for Chapter 11 bankruptcy protection, but wants to keep the business running during its reorganization.
A retail expert says Chicago's soon-to-close Borders bookstores might open up opportunities for Wal-Mart, according to a published report.
Borders Books filed for Chapter 11 bankruptcy protection today, and will be closing five stores in the city of Chicago and three more in the suburbs.
Illinois Comptroller Judy Baar Topinka says the state should not even think about bankruptcy.
The YMCA of McHenry County has filed for Chapter 11 bankruptcy protection, citing the recession and a decline in membership as the main reasons.
Freshman U.S. Sen. Mark Kirk (R-Ill.) says bankruptcy should be considered as an option for some states – such as Illinois – looking to get out from under crushing debt.
The Catholic Archdiocese of Milwaukee has directed its attorneys to file for Chapter 11 bankruptcy, saying that pending sexual-abuse lawsuits have left it with financial claims that exceed its means.
He made $240K a year before committing suicide. The widow of Metra exec Phil Pagano says he left her broke and more than $1 million in debt.
The judge in Tribune Co.'s bankruptcy is allowing the unsecured creditors committee to file an uncensored version of a lawsuit against key players in the leveraged buyout that saddled the company with debt.
A Delaware bankruptcy judge has approved a multimillion-dollar bonus plan for hundreds of Tribune Co. employees after the company agreed to exclude five top executives.
The Tribune Company is asking a Delaware bankruptcy judge to approve up to $43 million in bonuses for top executives and managers this year.
A group of creditors angling to get more money out of Tribune Co.'s bankruptcy case is alleging that greed and misconduct of the media company's lenders, advisers and own leaders led to its financial downfall.
Tribune Co., struggling to get out of bankruptcy protection, faces a new round of challenges from creditors unhappy with the media company's latest plan to restructure its business.
Bankruptcy filings are soaring in the Chicago area and more people are looking for legal help from low-cost law firms. CBS 2 Investigator Pam Zekman reports on mistakes made by a popular law firm.
The Chicago Park District plans to rename a playground within Washington Park for a man who was killed in a nearby police shooting in 2014.
A man was arrested after a police chase and a crash following a $100,000 heist in Vernon Hills, Illinois, early Thursday morning.
CTA is extending and renaming its no. 10 bus route that will service the Obama Presidential Center when it opens in June.
Mayor Brandon Johnson and the Chicago Public Library announced a new partnership that automatically registers more than 315,000 Chicago Public School students for the city's libraries.
More than 300 building services, dining services, and grounds workers at Illinois State University were on strike Thursday, as their union says it continues to push for fair wages.
Attorneys for imprisoned former Illinois House Speaker Mike Madigan were set to return to court Thursday, in hopes of getting his corruption conviction overturned.
An appellate court has ruled that Iowa can fully enforce a law restricting instruction on gender identity and sexual orientation in schools up to sixth grade.
Wednesday's briefing came after President Trump announced late Tuesday that he had agreed to "suspend the bombing and attack of Iran for a period of two weeks."
Illinois Democrats on Capitol Hill decried President Trump's threats against Iran as his deadline for the country to reopen the Strait of Hormuz draws closer, calling on their Republican colleagues to join them in stopping the escalation.
Vice President JD Vance made the remarks in Hungary, where he is supporting Prime Minister Viktor Orbán Tuesday ahead of Orbán's reelection bid.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
Allergy season is here, and the dreaded pollen can trigger sneezing, congestion, wheezing, and shortness of breath.
Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
Ending domestic violence is the goal of groups and advocates all over the world, and some experts in Chicago say it is time to become less reactive and more proactive when it comes to the people causing harm.
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to roll back its civil rights code last year.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
A new restaurant has joined the busy stretch of Halsted Street toward the south end of Chicago's Lincoln Park neighborhood that is also home to Alinea and Boka.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
The flagship Ann Sather restaurant on Belmont Avenue in Chicago's Lakeview community will be moving later this year, a restaurant representative said Tuesday.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
Chicago blues legend Muddy Waters' birthday is Saturday, and in his memory his eldest son is putting on a concert in Chicago.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
A clear and partly cloudy day Thursday will give way to storms at night. Highs in the upper 60s.
A man was arrested after a police chase and a crash following a cargo theft in Vernon Hills, Illinois, early Thursday morning.
The fertility rate in the United States has been trending down for decades, and new federal data shows that another drop last year brought the rate down to the lowest on record.
A police chase on the Kennedy Expressway was caught on camera early Thursday morning.
CTA is extending and renaming its no. 10 bus route that will service the Obama Presidential Center when it opens in June.
A man was killed, and a woman and child were injured in a fire in Garfield Park early Thursday morning.
A man was arrested after a police chase and a crash following a $100,000 heist in Vernon Hills, Illinois, early Thursday morning.
The Chicago Park District plans to rename a playground within Washington Park for a man who was killed in a nearby police shooting in 2014.
The bar and grill is reopening this week after more than two years since a fire destroyed it and claimed the life of Chicago firefighter Andrew Price.
CTA is extending and renaming its no. 10 bus route that will service the Obama Presidential Center when it opens in June.
Financial exploitation is the leading type of elder abuse in Illinois. One Streamwood woman learned that personally, when her brother took hundreds of thousands of dollars from their parents' financial accounts.
One year after a teenage girl was shot outside her home in Country Club Hills, Illinois, and was told she would never walk again, she continued to defy the odds and reclaim her independence.
A Morgan Park family is still in shock after a staggering 300% spike in their latest property tax bill, and the man poised to take over as Cook County Assessor at the end of the year says it's an error he wants to make sure doesn't happen again.
Researchers at the University of Chicago have built a "self-driving" lab that uses robotics and artificial intelligence to accelerate work that would take humans weeks or months to complete.
Johnson said the position was temporary, but when the chief homelessness officer was first appointed, she told CBS News Chicago that her role was funded for three years, not two.
Two throwing errors — one by right fielder Jake Fraley, the other by catcher Hunter Feduccia — helped the Cubs score two more runs before Boyle could escape. He gave up six runs, five earned, and four hits in 4 1/3 innings.
The White Sox scored a run in the fifth to go up 3-2 thanks to three walks and two errors on one play by Orioles starter Kyle Bradish.
The Chicago White Sox are celebrating their most famous fan, Pope Leo XIV, by offering White Sox-themed pope hats to fans who purchase tickets for their Aug. 11 game against the Cincinnati Reds.
The Cubs announced before the game that ace Cade Horton would miss the rest of the season after an MRI revealed UCL damage in his right elbow.
In the first game since they fired their top two basketball executives, the Bulls were in firm control by the end of the first quarter.
A man was injured in a fight with a woman at a CTA the CTA Belmont Avenue Red-Brown-Purple Line station this week, but police said he didn't report until several hours later.
Chicago police on Tuesday issued a community alert about car break-ins targeting patrons of a gym in the city's Irving Park neighborhood.
Chicago police on Tuesday issued a community alert about a rash of car break-ins in Jackson Park on the city's South Side.
A shooting left a 16-year-old boy dead Tuesday morning in Chicago's South Shore neighborhood.
A man from the northwest Chicago suburb of McHenry was facing felony charges Tuesday after police said he secretly recorded people in men's restrooms.
