Joann files for bankruptcy amid consumer pullback and higher costs
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
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The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.
The conspiracy theorist has proposed paying the families of Sandy Hook victims a fraction of the nearly $1.5 billion which they were awarded in judgements against him.
Families of those killed in the Sandy Hook Elementary School shooting have made an offer to Alex Jones to pay only a fraction of the $1.5 billion in legal judgments they won against him.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Rite Aid is set to close 19 stores in Michigan after the pharmacy chain filed for bankruptcy this week.
Michigan taxpayers will be on the hook for a financial penalty after the state attorney general's office violated a court order by distributing protected documents in the Flint water prosecution.
Despite emerging from bankruptcy in 2020, century-old retailer faces major challenges rebuilding its business.
The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.
The architect of Detroit's bankruptcy filing admits it was a miserable process.
Thousands of Detroit city employees and retirees lost big on July 18, 2013, when a state-appointed manager made Detroit the largest U.S. city to file for bankruptcy.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
A small enclave of Detroit is considering municipal bankruptcy to help rid itself of a decades-old water debt that has grown to about $20 million and threatens to swamp the already financially struggling city.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Akorn, which manufactured the asthma medication, shuttered three of its factories shortly after filing for bankruptcy.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
The fallout of COVID-19 has claimed yet more bankruptcies.
Lord & Taylor is one of the country's oldest department stores, has announced its bankruptcy and going out of business.
A tentative deal is set to save JCPenney from bankruptcy.
The last couple of years hasn't been good for some retailers. J.C. Penney has had a rough time trying to tread water in what has been a stormy retail environment for some time.
BarFly Ventures, the company that owns the Hopcat restaurant chain has filed for bankruptcy. The chain that is known for its extensive list of craft brews and their famous "Cosmik Fries".
Police in Detroit say human remains were found inside a home on the city's west side Friday, the day after investigators found a man and a woman dead in the residence.
An investigation is underway after law enforcement fatally shot a 29-year-old man following a vehicle pursuit in Otsego County early Saturday, the Michigan State Police said.
An individual is in custody after a person was killed and another was seriously injured in a shooting on Detroit's east side Friday night, according to police.
A ground stop issued at Detroit Metro Airport on Saturday due to thunderstorms has been lifted, according to the Federal Aviation Administration.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
An investigation is underway after law enforcement fatally shot a 29-year-old man following a vehicle pursuit in Otsego County early Saturday, the Michigan State Police said.
A ground stop issued at Detroit Metro Airport on Saturday due to thunderstorms has been lifted, according to the Federal Aviation Administration.
Detroit police say they are investigating a drive-by shooting that injured four people, including a child, on Friday.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Two Dearborn police officers have been released from a local hospital after being shot by a suspect early Friday morning in Wayne County, authorities said.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
There's just about every kind of artist and artwork you can imagine in Brighton at the third annual street art fair.
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.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
A federal judge has dismissed a lawsuit by the Trump administration that accused Washtenaw County officials of obstructing federal immigration enforcement operations.
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.
Ground beef prices, now averaging nearly $7 a pound, remain historically high due to shrinking cattle herds.
Providers, students, clients and community members gathered outside the Blue Cross Blue Shield of Michigan headquarters to urge the organization to pursue solutions that preserve access to care.
The new facility brings a wide range of services together under one roof, including workforce development programs, educational opportunities, behavioral health support and family services.
A human case of West Nile virus in West Michigan was detected through routine screening of a blood donation, health officials say.
The number of new cyclosporiasis cases in Michigan is starting to noticeably slow down, but state health officials are still tracking the summer outbreak.
Michigan is reporting its first human case of Eastern equine encephalitis, also known as EEE, since 2021.
The University of Utah is suing former assistant coach Freddie Whittingham for breach of contract after he left to join his brother Kyle's staff at Michigan.
Detroit Lions tight end Sam LaPorta is being held out of practice with a hip injury, and coach Dan Campbell is hopeful the ailment doesn't linger into the season.
Michigan Athletics announced that it will be displaying advertisements for Coca-Cola, Meijer and Google Gemini at the 99-year-old Michigan Stadium for the first time.
Brandon Lowe homered off Detroit closer Kenley Jansen with two outs in the ninth inning to lift the Pittsburgh Pirates to a 4-3 win over the Tigers.
Michigan faces a challenging season with six opponents in the preseason AP Top 25.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
Scattered showers and a few storms are expected Saturday afternoon, while cooler air arrives for a brief break on Sunday.
The American Arab Chamber of Commerce has terminated its executive director, Bilal Hammoud, after the organization discovered funds that could not be accounted for.
The Detroit Police Department says an investigation is ongoing after a woman and a man were found dead inside a home Thursday night.
Detroit police say they are investigating a drive-by shooting that injured four people, including a child, on Friday.
The owner of more than three dozen horses taken by Oakland County Animal Control last week is fighting back in court.