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 Canvas outage has stretched into a second day at some schools, leaving students and teachers in the Chicago and Illinois university systems scrambling amid the end of the spring semester.
South Elgin police said no human remains were found at a South Elgin home on Revere Road in the search for missing teen Kianna Galvin, who vanished in 2016.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
All lanes reopened on I-55 after a fiery crash and fuel spill involving a semi truck in Darien, Illinois, early Friday morning.
Slain Chicago Police Officer John Bartholomew's funeral is underway at St. Andrew's Greek Orthodox Church.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
Since his second term started, President Trump has introduced a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry.
Chicago Mayor Brandon Johnson and other mayors are asking Illinois lawmakers to increase the share of income tax revenue that goes to local governments.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
In the legal venue of anti-trust enforcement, the state is not taking on the Trump administration, but rather filling a void that state officials say the Trump administration has vacated.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Thirty years ago, Advocate Children's Hospital created a specialized team to transport the smallest patients to get life-saving care. On the anniversary of the Neonatal Pediatric Transport Team, they unveiled some a new ambulance.
The second-largest physicians' group in the U.S. has issued a surprising switch in breast cancer screening recommendations.
A new $48 million wellness center opened Thursday in the West Garfield Park neighborhood. The goal is to improve the health and quality of life for people on the West Side of Chicago.
La Rabida Children's Hospital went all out for Earth Day on Wednesday, with volunteer cleanup efforts by staffers and activities for patients and families.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
A $170 million-plus plan announced this week will redevelop the Water Tower Place mall on the Magnificent Mile.
The Holiday Club in Chicago's Buena Park neighborhood will soon be going out of business, as the building that houses the popular bar is set to be torn down.
At a meeting on Tuesday, the Lincolnwood Village Board approved a pre-development agreement with the mall, providing a roadmap with the property owner for further preparations and government approvals for redevelopment.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Tickets for the 2026 Ravinia Festival season went on sale Thursday morning.
President Trump says the ceasefire is still intact despite recent escalations in the war with Iran.
The Canvas outage has stretched into a second day, leaving students and teachers in the Chicago and Illinois university systems scrambling amid the end of the spring semester.
Take a look inside "Share Our Spare," an organization working to provide families in need with baby supplies.
Licensed clinical psychologist and former Chicago Police officer, Dr. Carrie Steiner, joins CBS News Chicago.
John Bartholomew, 38, was a 10-year veteran of the Chicago Police Department.
The funeral for Chicago Police Officer John Bartholomew is today, at St. Andrew's Greek Orthodox church.
The Canvas outage has stretched into a second day at some schools, leaving students and teachers in the Chicago and Illinois university systems scrambling amid the end of the spring semester.
South Elgin police said no human remains were found at a South Elgin home on Revere Road in the search for missing teen Kianna Galvin, who vanished in 2016.
All lanes reopened on I-55 after a fiery crash and fuel spill involving a semi truck in Darien, Illinois, early Friday morning.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Illinois lawmakers are trying to decide what should happen when artificial intelligence leads to serious destruction or even death, and two of the most influential AI companies in the world are backing opposing state bills trying to answer that question.
Rideshare drivers say it's getting difficult to continue working as gas prices surpass $6 in the city.
More than four months after a Chicago woman battling ALS was told she couldn't get a disabled parking placard in front of her home, the sign is up and her life is about to change.
An elderly woman has essentially abandoned her home of three decades because of constantly broken elevators at her high-rise condo building on the Southwest Side of Chicago.
Michael Conforto went 3 for 3 with a homer and two RBIs, Shota Imanaga pitched six innings of one-run ball and the Chicago Cubs extended their winning streak to nine games with an 8-3 win over the Cincinnati Reds.
In May 2019, Bridgett Kolls came to a Cubs game with a simple sign that read "this lil cubbie needs a kidney" and her phone number. It caught the attention of Allesio, who is a Chicago White Sox fan
The Cubs also won their 14th straight home game for their longest win streak at Wrigley Field since they also won 14 in a row at the iconic ballpark in 2008.
Travis d'Arnaud hit a three-run homer, Walbert Ureña threw six innings of two-hit ball, and the Los Angeles Angels defeated the Chicago White Sox 8-2.
Boyd had an MRI that showed a meniscus issue, and manager Craig Counsell said the team isn't sure how long the left-hander is going to be out.
Police across Chicago and the northern suburbs were investigating a string of overnight smash-and-grab burglaries targeting businesses.
A teenager has been charged with shooting and killing his father inside their home in southwest suburban Oak Lawn following an argument on Monday.
The Mexican navy helped rescue shipwrecked sailors and retrieve bales of illicit drugs that had been dumped into the ocean.
A man was killed on Tuesday night in a shooting less than a block from an elementary school in the West Englewood neighborhood.
A 17-year-old boy has died after police said he was stabbed by another teen over the weekend in southwest suburban Joliet.
