Sears Lives To See Another Day As Its CEO Tries To Buy The Retailer
Many employees and customers are in shock. Many thought liquidation was inevitable. But now the 126-year-old company may have one lifeline left.
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Many employees and customers are in shock. Many thought liquidation was inevitable. But now the 126-year-old company may have one lifeline left.
After two long delays at a morning hearing in bankruptcy court, attorneys for Sears announced it had accepted a revised bid from a hedge fund controlled by Eddie Lampert, the chairman and former CEO of Sears. The deal could keep 425 of the stores open.
Yarehlie Ariana Nava was welcomed into the world at 12:05 a.m. Tuesday, making her the first baby born in Cook County in 2019.
Passionate arguments erupted Thursday night during a conversation about a veterans' cemetery being proposed in northwest suburban South Barrington.
Sears is based in Hoffman Estates and still employs 89,000 people.
The share price fell below $1 on Friday for the first time in the company's history, dropping as much as 15% to 85 cents in midday trading.
The officer was responding to a call around 3:40 a.m., when she collided with an SUV at the intersection of Barrington and Golf roads.
Michael Kelly, of West Dundee, has been charged with two felony counts of aggravated driving under the influence, and one felony county of driving under the influence.
A homeless man was charged with robbing a bank last week in northwest suburban Hoffman Estates.
Hoffman Estates woman has been charged with trying to kill her two children, before apparently attempting suicide on Tuesday.
The underage limo driver involved in a crash that left one passenger dead and five others injured last year on the Jane Addams Memorial Tollway near Hoffman Estates won't serve any jail time.
The fire started around 1 a.m. at a home in the 600 block of Mohave Street.
A man robbed a bank at gunpoint Saturday afternoon in northwest suburban Hoffman Estates.
Train with other runners in the area when you join the following running clubs in Chicago.
The crash, which involved a van and a tow truck, happened on westbound I-90 at mile post 63.5 about 12:53 a.m., according to a statement from Illinois State Police.
Two proposals to save a 116-year-old Hoffman Estates farmhouse will be considered by a village board committee Monday night, reports WBBM's Terry Keshner.
Illinois-based Sears is shedding 250 jobs, amid a new quarterly report showing the retailer has lost money and share value.
James Smith-Woodward was cleaning his gun at the Hawthorn Suites in the 2800 block of Greens Point Parkway in Hoffman Estates when he shot himself once in the abdomen.
The Bulls are holding a contest to name the team.
Steven Sanchez's motorcycle was discovered in the Loop near I-290 and I-94. Police checked the area, but could not find the driver at the time and deemed the crash a hit-and-run.
A 5-year-old girl was fatally struck by a car Saturday afternoon in northwest suburban Hoffman Estates.
Bria Abrams, 21, has been charged with felony theft, for allegedly stealing from five elderly people living at Alden Poplar Creek, at 1545 N. Barrington Rd., while she worked there.
A Hoffman Estates hospital was placed on lockdown, and employees were later evacuated, while police investigated what turned out to be a false alarm for an active shooter in the building.
CBS 2's Brad Edwards reports the majority of one shift of the Hoffman Estates Fire Department went there for a wedding, and what happened isn't a fairytale.
The 27-year-old had been walking about 5 a.m. near Golf and Rohrssen roads in unincorporated Hoffman Estates when he was hit by a westbound Nissan Versa.
The owners of a bar in southwest suburban Frankfort say they were hit by burglars again, and they left behind a huge mess.
Hundreds of municipalities had to find new supplies after a state procurement process hit a roadblock because they couldn't find anyone to sell them salt.
Three years after becoming a first-time homeowner, a Chatham woman has achieved another life's dream, becoming a teacher after graduating from Chicago State University.
Providence Catholic High School in southwest suburban New Lenox has fired football coach Tyler Plantz, despite the team's 4-0 start to the season.
A $30,000 reward is being offered for information leading to the arrest and indictment of the person who shot and killed a 911 dispatcher in the Back of the Yards neighborhood last week.
The case stems from a Cronobacter bacterial contamination at one of Abbott Laboratories' Michigan plants.
Roger Simon, a celebrated political columnist who worked for the Chicago Sun-Times and Tribune, Politico, and other news organizations, died last week.
This week on The Angle, CBS Chicago's Chris Tye sat down with Secretary of State Alexi Giannoulias to dive deeper into his campaign to become Chicago's next mayor.
Chicago Mayor Brandon Johnson addressed his supporters at the DuSable Black History Museum and Education Center Sunday afternoon, officially announcing his bid for a second term.
The congressman thanked the pilot and first responders for coming to their aid, and expressed his gratitude at only having sustained minor injuries.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Cook County homeowners are again facing a sharper increase in property taxes this year than businesses, the Office of Cook County Treasurer Maria Pappas announced Monday.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The Chicago Department of Public Health on Tuesday announced two human cases and one death from the West Nile virus in the city this year, and one of those two people has died.
The Jackson Chance Foundation supports the lives of families with babies in the NICU by removing the financial burden of finding parking near hospitals.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
More than 100 Black-owned businesses were showcased at Soldier Field Sunday for Black on the Block.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
The stage was set and the air was humid as rapper Ye, formerly known as Kanye West, took the stage for the first of two Chicago concerts at Soldier Field Thursday night.
James Fulton Engstrom, now a healthy teenager, was born without a pulse in 2010 — and his survival is the miracle the Catholic Church credited to Fulton Sheen's intercession, clearing the way for beatification.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
The Edgewater Music Festival was under way this weekend on Chicago's north lakefront.
At Joliet Junior College, there's a new program for students looking to become a first responder. A 16-week fire academy gives students vital skills to become a firefighter and helps them earn their firefighting certificate.
Police said a 12-year-old boy grabbed the gun from an unattended bag on the bus, found it and fired a round that hit the bus. The school's assistant principal said the student had disabilities and the man, who the bag belonged to, was a bus aide.
The owners of a bar in southwest suburban Frankfort say they were hit by burglars again, and they left behind a huge mess.
The Chicago-born pontiff turns 71. He celebrated the occasion with cake during an event at the Vatican's Apostolic Library.
Osiris arrived at the Shedd Aquarium in July. She was relocated from a now-closed marine park in Canada. The Shedd says the 26-year-old beluga is receiving fluids and medication.
A school bus window was shot out when a student with disabilities grabbed a gun belonging to the aide and fired, the assistant principal of Minnie Miñoso Elementary said.
Three people were taken to the hospital from the scene of a fire in Chicago's Portage Park neighborhood early Monday.
The owners of a bar in southwest suburban Frankfort say they were hit by burglars again, and they left behind a huge mess.
Hundreds of municipalities had to find new supplies after a state procurement process hit a roadblock because they couldn't find anyone to sell them salt.
Three years after becoming a first-time homeowner, a Chatham woman has achieved another life's dream, becoming a teacher after graduating from Chicago State University.
Chicago police crime data show 255 reported crimes in the last two years on the two blocks where the former Hard Rock and Rainforest cafés sit vacant. Neighbors have been calling the city about the alley between them for six years.
A three-year effort by the Cook County Sheriff's Office to help bring down crime on the Magnificent Mile in downtown Chicago appears to be working.
Several lawsuits are challenging Illinois' medical aid in dying law that is set to take effect on Sept. 12, including one in federal court arguing the law discriminates against people with disabilities.
Back in 2023, ISP got a $10 million grant from the Illinois Secretary of State's Illinois Vehicle Hijacking and Motor Vehicle Theft Prevention and Insurance Verification Council.
Two years before dozens of decomposing bodies were found inside the South Chicago Chapel funeral home, police in nearby Evergreen Park found two bodies in the owners' minivan outside their home.
Providence Catholic High School in southwest suburban New Lenox has fired football coach Tyler Plantz, despite the team's 4-0 start to the season.
Before the Chicago Bears beat the Carolina Panthers 59-37 in a wild NFL season opener, quarterback Caleb Williams gave some young fans a special gift to help them get ready for the occasion.
The White Sox, who have lost 10 of their last 14 games, begin a three-game series Monday in Cleveland.
The Pirates (75-75) closed out a 4-2 stay in Chicago. They swept the White Sox before dropping two of three against the Cubs.
The team's previous season opener record was a 45-7 win over the Packers in 1948.
A $30,000 reward is being offered for information leading to the arrest and indictment of the person who shot and killed a 911 dispatcher in the Back of the Yards neighborhood last week.
A 15-year-old girl returned to court Monday to face murder charges, after authorities said she was one of a few people responsible for pushing a man out of a moving Chicago Transit Authority Red Line train.
An 85-year-old man from Crown Point, Indiana, was arrested this past weekend on accusations of shooting his wife.
Chicago police this past weekend issued a warning about a man who grabbed a woman at a CTA Blue Line station in Wicker Park.
CPD says six people were standing outside near an alley when two unknown vehicles approached. Multiple armed suspects got out and fired shots at the victims.
