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.
Robert Magiet bought and is donating more than 30 air conditioners this week.
It was Suzuki's second career game-ending hit and Chicago's major league-leading 10th walk-off win this season.
Colson Montgomery hit a go-ahead double in the eighth inning, Jacob Gonzalez drove in three runs and the Chicago White Sox beat the Baltimore Orioles 8-2 on Monday night in the opener of their series.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
The hottest days this week are expected to be Tuesday and Wednesday, with feels-like temperatures between 105 and 110 degrees.
Gov. JB Pritzker signed more than 60 bills since Friday, including new laws to increase transparency around rental fees and give some drivers an alternative to having their license suspended.
Chicago Mayor Brandon Johnson introduced a new ordinance Monday morning he said will increase protections for the city's renters.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
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.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Department of Public Health issued a warning Tuesday about a possible measles exposure at O'Hare International Airport.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
Chicago rapper Twista has pleaded guilty to willfully failing to pay income taxes.
Lionel Richie's Chicago concert at the United Center has been postponed after the singer became sick at his tour opener in St. Paul, Minnesota.
Legendary musician Lionel Richie had to cut his performance short Wednesday night in St. Paul, Minnesota, leaving fans with many questions.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
The char-grilled Vienna beef hot dog is infused with giardiniera and provolone and is only offered for a limited time.
The bought and is donating more than 30 air conditioners this week to give some residents relief from the stretch of extreme heat.
The new flag features an orange and yellow flame set against a green field—inspired by the "Skokie Spirit" stained glass at village hall.
Chief Meteorologist Albert Ramon is tracking the latest on the dangerous heat and when the Chicago area will get some relief in First Alert Weather
A reporter and photographer were preparing to go on the air during the 4 p.m. newscast when two men in a white tow truck rushed at them while shouting racial slurs targeted at one of our journalists.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
A Chicago Transit Authority switch worker was shot and killed in Chicago's Roseland community early Monday morning.
Robert Magiet bought and is donating more than 30 air conditioners this week.
Chicago Mayor Brandon Johnson introduced a new ordinance Monday morning he said will increase protections for the city's renters.
The hottest days this week are expected to be Tuesday and Wednesday, with feels-like temperatures between 105 and 110 degrees.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
The Cook County Sheriff's Office has been a part of Illinois' enhanced CTA security plan and state-led task force dedicated to making it safe since the end of March. Their officers have worked more than 4,000 hours a month.
A rideshare driver was shot in Chicago's North Lawndale neighborhood on Monday night.
After a violent holiday weekend, Chicago city leaders are expected to announce new support for a dedicated Department of Gun Violence Prevention.
It was Suzuki's second career game-ending hit and Chicago's major league-leading 10th walk-off win this season.
Colson Montgomery hit a go-ahead double in the eighth inning, Jacob Gonzalez drove in three runs and the Chicago White Sox beat the Baltimore Orioles 8-2 on Monday night in the opener of their series.
A memorial service was held Monday morning for Chicago Bulls broadcaster and three-time NBA champion Stacey King.
NASCAR is back in town next weekend, but not for a downtown street race — this time, for the first time in seven years, races will be held at Chicagoland Speedway in Joliet.
Jacob Webb (3-2) got the win with a scoreless ninth. Wicks notched his first save of the season.
A man was sentenced to eight years in prison earlier this month for robbing a mail carrier on Chicago's Near West Side back in 2022.
A new trial was denied Monday for Marni Yang, who is serving life in prison for a 2007 shooting that left a romantic rival dead.
A Chicago Transit Authority switch worker was shot and killed in Chicago's Roseland community early Monday morning.
A man was stabbed in the Printers Row district in downtown Chicago early Monday morning.
An Amazon Fulfillment Center in Matteson, Illinois, became a crime scene overnight Sunday into Monday, after an employee was shot and killed.
