Saks Global, century-old high-end department store chain, files for bankruptcy
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
Watch CBS News
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
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.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
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.
The Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
Some people who had already bought tickets to see movies at the theaters found them closed for good. Marci Gonzalez and Amy Johnson report.
The Los Angeles County Department of Animal Care and Control says it could be the largest cat and dog seizure in U.S. history.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
The innocent driver suffered minor injuries, along with a person inside of the suspect vehicle.
High temperatures in the triple digits are expected in some inland communities.
While receiving state-of-the-art care in Northern California, the injured mountain lion cub found on a Castaic street has made a new friend, a fellow orphaned cub from the Central Coast.
The Los Angeles County Department of Animal Care and Control says it could be the largest cat and dog seizure in U.S. history.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Members from various unions, including the United Teachers Los Angeles, announced plans for a massive strike in April if ongoing contract negotiations with LAUSD officials do not reach a conclusion.
The innocent driver suffered minor injuries, along with a person inside of the suspect vehicle.
High temperatures in the triple digits are expected in some inland communities.
While receiving state-of-the-art care in Northern California, the injured mountain lion cub found on a Castaic street has made a new friend, a fellow orphaned cub from the Central Coast.
San Fernando city staff removed a statue and covered a mural showing Cesar Chavez at a local park after sexual abuse allegations against the late labor activist surfaced earlier this week.
The Los Angeles County Sheriff's Department said no one was injured when the old car caught on fire.
Burbank SWAT officers arrested a man who allegedly threatened a utility crew with a pellet rifle on Wednesday.
Stolen identities were allegedly used to secure high-value real estate loans, fabricate financial documents, and "move millions of dollars through a maze of fraudulent businesses and funnel accounts," said Tyler Hatcher, Special Agent in Charge, IRS-CI Los Angeles Field Office.
One person was killed when a Westminster home was engulfed in flames on Tuesday night, according to the Orange County Fire Authority.
After Bill Kerwin's health saw a rapid decline while battling Stage 4 pancreatic cancer, 16 of his family's closest friends came together to make sure that he could see his daughter, Abbi, graduate from Huntington Beach High School with an early ceremony on Monday evening.
Federal officials appealed a judge's decision to dismiss a deportation case against Narciso Barranco, the father of three U.S. Marines in Orange County.
A Seal Beach woman in her 70s was hospitalized after she was hit by a young man on an electric motorcycle.
Investigators said Jose Angel Aguilar cut off his ankle monitor and escaped while attending classes at an Orange County community college.
Riverside County firefighters and a deputy resuscitated four cats that were trapped inside a burning apartment.
Detectives are investigating the "suspicious death" of a 23-year-old woman who died after a fight with a family member on Tuesday, according to a news release from the Riverside County Sheriff's Office.
Deputies said that a 38-year-old man was violently assaulted in the 14000 block of Big Horn Avenue on Tuesday afternoon and that he succumbed to his injuries after being taken to a local hospital.
Riverside police have arrested a man in connection with a deadly stabbing spree outside the Riverside courthouse last week.
After dozens of community members gathered to share their thoughts on whether or not the city of Ontario would rebuild the historic Jay Littleton Ball Park, which was destroyed by a fire in 2024, city council members opted to delay their vote for another day.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Luka Doncic scored 60 points, LeBron James had a triple-double on a night where he tied the NBA record for games played, and the Los Angeles Lakers pushed their season-best winning streak to eight games with a 134-126 win over the Miami Heat on Thursday night.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Lawmakers in the California state legislature said they are moving to designate "Farmworkers Day" as a state holiday following sexual abuse allegations against Cesar Chavez.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
Border Patrol official Gregory Bovino was pulled away from a high-profile role leading immigration raids in major U.S. cities, including Minneapolis, earlier this year.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Luka Doncic scored 60 points, LeBron James had a triple-double on a night where he tied the NBA record for games played, and the Los Angeles Lakers pushed their season-best winning streak to eight games with a 134-126 win over the Miami Heat on Thursday night.
Noah Cates scored on a deflection off goalie Lukas Dostal's skate at 2:17 of overtime and — after a review for offsides on the play — the Philadelphia Flyers beat the Anaheim Ducks 3-2 on Wednesday night.
Luka Doncic had 40 points and LeBron James added 30 as the Los Angeles Lakers extended their winning streak to seven games with a 124-116 win over the Houston Rockets.
Saddiq Bey scored 25 points, Trey Murphy added 23 and the New Orleans Pelicans overcame an early 18-point hole to beat the Los Angeles Clippers 124-109.
After dozens of community members gathered to share their thoughts on whether or not the city of Ontario would rebuild the historic Jay Littleton Ball Park, which was destroyed by a fire in 2024, city council members opted to delay their vote for another day.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Los Angeles County Department of Animal Care and Control is seizing about 700 cats and dogs from a property in Lake Hughes. Mark Liu reports.
Prediction markets have quickly gained popularity in the online gambling space. What are their legal challenges? Kerry Fields, Professor of Business Law and Ethics at USC Marshall School of Business, joins CBS LA to talk about ongoing litigation and the future of prediction markets.
Choreographer Molly Long joins CBS LA to talk about the "Double-Dutch Bus" dance going viral online.
Southern California's heat wave enters its fifth day on Friday, and don't expect temperatures to come down too much in the near future. Marina Jurica reports.
A person wanted on suspicion of reckless driving was involved in a crash in the San Fernando Valley early Friday morning, leaving two injured. Amanda Starrantino reports.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
