Judge Hopes Public Auction Will Revive Moo & Oink
A federal bankruptcy judge has ordered a public auction of the iconic Moo & Oink grocery store chain, which shut down in September.
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A federal bankruptcy judge has ordered a public auction of the iconic Moo & Oink grocery store chain, which shut down in September.
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.
Crow-Armstrong is the first player in MLB history with two leadoff home runs and a walk-off in a two-game span, and the 13th since 1900 to follow a walk-off homer with a leadoff shot.
The new quantum facility is said to create 1,000 permanent jobs, with an apprentice program supplying a pipeline of community-college grads in Chicago.
The FAA says all three incidents happened on different runways, everyone was evacuated, and no one was hurt.
Hamed Alsaidi, 31, was charged with eight counts of possessing an unregistered destructive device.
The boy suffered a gunshot wound to the left leg, police said.
The University of Illinois at Urbana-Champaign confirmed on Tuesday that it recieved a letter from the Department of Defense, which has announced "research security audits" at 30 universities nationwide.
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
Former Cook County Commissioner Richard Boykin announced Tuesday that he is filing a complaint against Treasurer Maria Pappas over some profanity-related texts.
Former Cook County Commissioner Richard Boykin is demanding an apology from Treasurer Maria Pappas for some profanity-laden text messages he says are offensive.
Zach Lahn won the Iowa Republican gubernatorial primary over Trump's endorsed candidate, but three months before Election Day, many in his own party say they still don't know who he is.
A new Illinois law signed by Gov. Pritzker offers up to $1,000 to eligible homeowners hit by storm damage, but the money won't be available until next year — and the program only covers certain areas of Chicago.
Illinois is one of 46 states that have reached a $15.5 million settlement with a Pennsylvania-based mortgage servicer for improperly imposing new insurance policies on homeowners who already had insurance.
The Trump administration is taking aim at power grid operator PJM Interconnection over rising electricity bills that affect Illinois and Indiana residents.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Researchers from the University of Chicago have uncovered some information on how space travel affects — or actually doesn't affect — the heart.
As people age, it becomes crucial to do whatever possible to protect from issues like memory loss. But leading neurologist Dr. David Perlmutter said the process actually starts well before advanced age.
The Illinois Department of Public Health is not adopting new federal child vaccine guidelines and will continue following recommendations by the American Academy of Pediatrics.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
With the cyclosporiasis linked to iceberg lettuce growing and consumers wary of the products on grocery shelves, many in Chicago are turning to local farmers market for fresh and safe greens.
The Original Rainbow Cone celebrated its 100th anniversary on Sunday with a special event at its Beverly location.
The Shops at North Bridge on the Magnificent Mile announced plans Thursday for a multimillion-dollar renovation project.
While the building that housed the flagship Ann Sather restaurant on Belmont Avenue has been torn down, the renowned Chicago restaurant chain is now set to open a new Lakeview location.
Nationally, data centers used 17.4 billion gallons of water in 2023 — a figure projected to reach 72.6 billion gallons by 2028, raising concerns about states' water supplies.
Chicago's Wishbone Restaurant will soon be closing after 36 years in business.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Buddy Guy was honored with the Chicago Music Legend Award at the Obama Presidential Center's Chicago Culture Ball this weekend.
Bal Khabra is the author of the four-part series "Off the Ice," a college hockey romance collection that is wrapping up at just the right time.
Crews need about a week and a half to tear down the festival site before the city can begin its own inspection — and past cleanup costs have topped $1 million.
The Jesse White Foundation hosted two official viewing parties, with one in Springfield and the other in Chicago.
Chief meteorologist Albert Ramon has the latest in First Alert Weather.
Getting it built was a priority for Gov. JB Pritzker, who pushed for big state funding for the Illinois Quantum and Microelectronics Park campus in South Chicago, where the 128-acre U.S. Steel South Works Plant once sat.
It started with this United flight taking off to Phoenix last Thursday. Then, on Monday, another United flight popped a tire after landing, but just about three hours before, an American flight blew two tires after it touched down.
Investigators say that, besides the explosive devices, they also found a handwritten map of an area in Orland Park, including the Metra station and the words "you see the mosque" that referred to the Orland Park Prayer Center.
The new quantum facility is said to create 1,000 permanent jobs, with an apprentice program supplying a pipeline of community-college grads in Chicago.
Some people living in northwest Indiana might be waiting another week to have their power restored from last week's storm.
The FAA says all three incidents happened on different runways, everyone was evacuated, and no one was hurt.
Hamed Alsaidi, 31, was charged with eight counts of possessing an unregistered destructive device.
The boy suffered a gunshot wound to the left leg, police said.
CEO of the Illinois Quantum and Microelectronics Park, Harley Johnson, gave CBS News Chicago an exclusive look inside the new park in South Chicago.
The Illinois Department of Financial and Professional Regulation last inspected South Chicago Chapel funeral home in October, 10 months before 56 decomposing bodies were found there.
The discovery of dozens of decomposing bodies at a Chicago funeral home run by a couple with a history of mishandling human remains has raised questions about how Illinois regulates the funeral home and crematory industries.
An arrest at a Lululemon athletic wear store in the Gold Coast neighborhood in Chicago led investigators to a crew that was exploiting unhoused people and responsible for thefts totaling $100,000.
More violations at Chicago's Bohemian National Cemetery and Crematorium have surfaced, which is now under investigation for its role in mishandling bodies connected to the family that ran South Chicago Chapel.
Crow-Armstrong is the first player in MLB history with two leadoff home runs and a walk-off in a two-game span, and the 13th since 1900 to follow a walk-off homer with a leadoff shot.
NASCAR is calling off plans to bring its street race back to downtown Chicago in 2027, but is holding out hope for the event to return in the future.
A fight broke out in the stands at Wrigley Field during a Crosstown Classic game on Monday evening.
The Cubs snapped a two-game skid and ended the White Sox's three-game winning streak.
Kamilla Cardoso had 22 points and 12 rebounds, while Natasha Cloud scored 20 points.
A man has been arrested and charged after authorities said he decided to make himself at home at the Macy's flagship store on State Street in downtown Chicago.
Chicago police on Tuesday asked for help from the public in solving a pair of burglaries that happened in the early-morning hours on the city's West and Northwest sides.
A man convicted of gun charges in the case involving the shooting death of Chicago police Officer Krystal Rivera has now been indicted separately on drug charges.
A man was left in critical condition early Tuesday after being shot on Chicago's Near West Side.
A 14-year-old girl suffered a graze wound from gunfire Monday morning in Chicago's Roseland neighborhood.
