FTX had "substantial amount" of assets stolen
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
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Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
The local Boy Scout council told WCCO that any financial restructuring is limited to the national organization. They said all camps and activates will continue as planned.
Globe University has filed for chapter 11 bankruptcy protections.
More than 700 former and current Shopko workers have signed a letter seeking severance payments. The move comes after a federal judge on Friday approved the Wisconsin-based retailer's plan to exit bankruptcy protection and wind down its operations.
The number of farms filing for bankruptcy is increasing across the Upper Midwest.
Toys 'R' Us, the big box toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual.
A federal bankruptcy judge has approved the sale of a building owned by the Archdiocese of St. Paul and Minneapolis. Judge Robert Kressel on Thursday approved the sale of the Hayden Center to the Minnesota Historical Society for $4.5 million.
More than seven years after the financial collapse of one Minnesota's most powerful businessmen, victims are still waiting for money.
A Roman Catholic diocese in northeastern Minnesota has filed for bankruptcy protection after a jury found it partially responsible in a clergy sex abuse case.
The cost of legal and professional services in the Archdiocese of St. Paul and Minneapolis bankruptcy case has topped $5 million.
The attorney who made headlines for suing small businesses that can't afford to fight back has filed for Chapter 13 bankruptcy. Paul Hansmeier sues businesses, claiming discrimination against people with disabilities. Disability experts believe his motive is to make money, not make businesses more accessible, as he proclaims.
Victims of alleged sexual abuse by clergy in the Archdiocese of St. Paul and Minneapolis have filed more than 400 claims against the archdiocese in federal bankruptcy court, according to attorneys for victims and the archdiocese. The claims were filed by Monday, the deadline imposed by the bankruptcy court.
A former employee of the Archdiocese of St. Paul and Minneapolis who went public with concerns that clergy sex abuse cases were being mishandled has filed a claim in bankruptcy court.
Right now the Archdiocese is facing $26 million in claims, but that figure will jump dramatically. Of the 653 claims against the Archdiocese more than 400 are from victims of clergy abuse.
A federal bankruptcy judge has reaffirmed that victims of clergy sex abuse in the Archdiocese of St. Paul and Minneapolis must file their claims by Monday.
The Archdiocese of St. Paul and Minneapolis says it may sell off a portion of its property in order to pay creditors after filing for bankruptcy. The archdiocese may pursue the option to sell three of its buildings in St. Paul, including the Chancery Office on Summit Avenue.
The end of Target's Canadian operations has had a financial impact on small and medium businesses in Minnesota that supplied the retailer. Target's Canadian division filed for bankruptcy protection last month and owes nearly $5 million to suppliers and service providers in Minnesota.
The Archdiocese of St. Paul and Minneapolis is listing its assets and liabilities in detail as part of its latest filing in U.S. Bankruptcy Court.
Last week, the Archdiocese of St. Paul and Minneapolis announced it was filing for bankruptcy amid lawsuits claiming sexual abuse by priests. Tuesday, they were in court to hash out some of the details.
Following the news that the Archdiocese of St. Paul and Minneapolis has filed for bankruptcy, dozens of parishes across the Twin Cities are now bracing for the worst. Archbishop John Nienstedt made the announcement on Friday. He claimed filing for Chapter 11 reorganization would not hurt local churches.
The Roman Catholic Archdiocese of St. Paul and Minneapolis filed for bankruptcy protection on Friday, saying it's the best way for the church to get as many resources as possible to victims of clergy sexual abuse.
The Archdiocese of Minneapolis and St. Paul has filed for bankruptcy amid lawsuits alleging sexual abuse by some of their clergy members.
Some attorneys and victims groups are reacting differently to a bankruptcy filing by Minnesota's largest Catholic archdiocese. Mike Finnegan is an attorney for a law firm that repeatedly sued the St. Paul-Minneapolis archdiocese for abuse victims. His firm is now working with it on child protection issues. Finnegan says the filing won't stop scrutiny.
A state lawmaker has demanded that an Iowa immigrant rights organization turn over private details about the nonprofit's legal clients, donors and list of members.
A missing Minnesota man is believed to have drowned while trying to cross the border into Canada via a river.
The former Twin Cities Army Ammunition Plant in Ramsey County has sat vacant for years, but Arden Hills city leaders say that someday the 472-acre plot of land will transform into a place where people can live, work and play — and this is just the beginning.
WCCO is seeking a part-time video editor to edit newscast elements for weekend newscasts and other platforms, primarily during overnight, evening or early morning hours — among other duties.
The Minnesota Vikings and edge rusher Andrew Van Ginkel have reached an agreement on a one-year, $23 million contract extension coming off his first Pro Bowl selection and a career-high 11 1/2 sacks last season.
The former Twin Cities Army Ammunition Plant in Ramsey County has sat vacant for years, but Arden Hills city leaders say that someday the 472-acre plot of land will transform into a place where people can live, work and play — and this is just the beginning.
Three people were killed and two more were hurt in an overnight shooting in Minneapolis that police said may have been gang-related.
Adams has looked on, as other lot rents at Brandondale Estates skyrocketed, nearly 70 percent higher than what she is paying now. She fears a new lease would be a major financial burden.
A family-owned toy store in St. Paul is joining a national legal fight, claiming President Trump's tariffs on Chinese imports could devastate their business.
The tied Minnesota House on Tuesday approved its housing budget proposal on a bipartisan vote.
A missing Minnesota man is believed to have drowned while trying to cross the border into Canada via a river.
The new Minnesota Military and Veterans Museum is under construction just outside of Camp Ripley in Little Falls. Set to open in late 2026, the $40 million, first-of-its-kind project in the nation will be eight times the size of the existing museum. It will honor not only Minnesota's service members and their sacrifices, but the refugee experience as well.
Adams has looked on, as other lot rents at Brandondale Estates skyrocketed, nearly 70 percent higher than what she is paying now. She fears a new lease would be a major financial burden.
A lifesaving gift is now just steps from a high school football field in Stillwater, Minnesota.
Sammy is always looking for an adventure. But that's a challenge too, because as part of his autism elopement, he'll just take off running. Last Monday, Sammy got away from his grandma, got through an open door, and headed right for the woods.
The remains of a woman who was last seen nearly nine years ago were found in St. Cloud, Minnesota, police say.
A Wisconsin woman who admitted to stabbing a classmate to appease the fictional character Slender Man will have to wait a little longer to move into a group home.
Both Minnesota and Wisconsin were hit by tornadoes during Monday night's severe storms, the National Weather Service confirmed.
Prosecutors have reduced a felony misconduct charge against a former Wisconsin prison warden implicated in two inmate deaths to a misdemeanor.
As many parts of Minnesota are now either in active severe weather warnings or tornado watches, a number of schools in Minnesota have already announced early closures and pulled the plug on after-school activities.
Sammy is always looking for an adventure. But that's a challenge too, because as part of his autism elopement, he'll just take off running. Last Monday, Sammy got away from his grandma, got through an open door, and headed right for the woods.
A new Twin Cities nonprofit is embracing the words "when you look good, you feel good."
The local organization Vietnamese Community of Minnesota held a somber, but sunny event Saturday at the Minnesota State Capitol to commemorate 50 years since April 30, 1975 — when the Vietnam War ended.
In Minnesota, Native Americans and American Indians are 30 times more likely to experience homelessness than their white counterparts, according to state data.
The 17 crop art portraits on display depict themes of civic engagement, justice and community.
After more than a decade of ups and downs, Rice Creek Commons in Arden Hills is officially underway.
The former Twin Cities Army Ammunition Plant in Ramsey County has sat vacant for years, but Arden Hills city leaders say that someday the 472-acre plot of land will transform into a place where people can live, work and play — and this is just the beginning.
Mohsen Mahdawi was taken into custody on April 16 when he went to his U.S. citizenship interview in Vermont.
For the past 50 years, Camp Ripley in Little Falls has been home to the Minnesota Military & Veterans Museum. In this web extra, WCCO's Pauleen Le and photojournalist Arthur Philips take us along for a look inside its archives ahead of the museum's massive transformation. Watch Le's documentary, "Vietnam 50 Years Later: Reflections on a War that Changed Minnesota," on WCCO.com and on our YouTube channel.
A family-owned toy store in St. Paul is joining a national legal fight, claiming President Trump's tariffs on Chinese imports could devastate their business.
Hail and strong winds can wreak havoc on trees.
Pork carnitas products sold at Aldi stores nationwide maybe contaminated with pieces of metal, according to a public health alert from the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
While 4/20 is a celebratory time for her, My Little CBD Co., owner Lynn Bialick said she is surprised at how long it's taking just to set up a cannabis marketplace.
Target's chief executive officer has met with the Rev. Al Sharpton, whose civil rights organization has encouraged consumers to avoid U.S. retailers that scaled backed their diversity, equity and inclusion initiatives.
A Minnesota company is offering the chance to own never-before-seen pieces of music history.
Three people were killed and two more were hurt in an overnight shooting in Minneapolis that police said may have been gang-related.
An Iowa judge has released a portion of a search warrant connected to the disappearance of an Iowa news anchor.
A man arrested on suspicion of manslaughter following the death of ice hockey player and Minnesota native Adam Johnson has been told he will not face any charges, British prosecutors said Tuesday.
A memo from Hennepin County Attorney Mary Moriarty's office said that "proposed resolutions should consider the person charged as a whole person, including their racial identity and age."
Minnesota Attorney General Keith Ellison faced members of the House Fraud Committee on Monday who sought questions about a 2021 meeting he had with business owners later convicted in the Feeding our Future fraud case.
Deaths from diabetes increased during the COVID-19 pandemic.
Republicans at the State Capitol say they want to end the program, in large part because of the cost to taxpayers. But Democrats — as well as hospitals, doctors and nurses — are lobbying to keep the benefit.
In Minnesota, Native Americans and American Indians are 30 times more likely to experience homelessness than their white counterparts, according to state data.
It's only the second case in the state this year, following 70 cases in 2024 — the second highest total in the past 15 years.
In 2019, city officials in Northfield, Minnesota said the town's water supply tested for high levels of manganese.
The Minnesota State Fair continues to round out its 2025 Grandstand lineup, with country star Hank Williams Jr. as the latest announcement.
After a lengthy delay, the much-anticipated musical stage adaptation of Prince's beloved 1984 movie and album "Purple Rain" is finally set to make its world debut this fall in downtown Minneapolis.
A series of timeless movie trailers has inspired a Minnesota filmmaker to produce a documentary about their history.
Minnesotans love to claim Bob Dylan as their own, but they may want to think twice about sharing a quote on Pope Francis purporting to be from the iconic musician.
Meghan Trainor will perform at the Grandstand this year, the Minnesota State Fair announced.
The Minnesota Vikings and edge rusher Andrew Van Ginkel have reached an agreement on a one-year, $23 million contract extension coming off his first Pro Bowl selection and a career-high 11 1/2 sacks last season.
There have been a lot of questions around Minnesota Vikings quarterback J.J. McCarthy this offseason. He himself has no doubts about his future with the team.
A Minneapolis teacher is helping high school basketball players get one more look from college coaches.
Kyle Manzardo homered to right field to lead off the ninth inning as the Cleveland Guardians snapped a three-game losing streak with a 2-1 win over the Minnesota Twins.
Brett Howden scored 4:05 into overtime Tuesday night to give the Golden Knights a 3-2 victory over the Minnesota Wild and put Vegas one game away from advancing out of the Western Conference first round.
2025 is the first year Minnesota is providing undocumented workers with the state health insurance.
Republicans at the State Capitol say they want to end the program, in large part because of the cost to taxpayers. But Democrats — as well as hospitals, doctors and nurses — are lobbying to keep the benefit.
Minnesota Democratic state Sen. Alice Mann, an ER physician, talks with Esme Murphy about criticism of her law which provides health care to undocumented Minnesotans.
This is the first year of a Minnesota law that provides undocumented workers with health insurance, which Republican lawmakers say has already spiraled out of control.
Minnesota legalized recreational marijuana in 2023, and at the time the state said stores could be open as early as March of this year, but the licensing for retail cannabis shops continues to be delayed.
Jay Cooke State Park in Carlton County, Minnesota, is turning 110 years old this year.
Easter is this weekend, and chances are a park in rural Redwood County will be a popular destination.
April 15 will be the 113th anniversary of the day the Titanic sank in the North Atlantic, taking with it 1,500 lives. From news to movies, people still marvel over what happened.
It's sap-tapping season in our state. In this week's Finding Minnesota, John Lauritsen shows us how an Otter Tail County man landed in the Maple Syrup Hall of Fame.
In this week's Finding Minnesota, John Lauritsen shows how one group is unearthing a bit of history.
Tulip season is just beginning in Minnesota, a sign of incoming warmth.
With road work back in full swing, enforcement of work zone laws is increasing, too.
Electrical currents travel in an instant, but the effort to ensure that electricity is generated in a carbon-free way is a years-long journey.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
A sure sign of spring might be flowing outside your home starting Wednesday. Streets will be soaked, but it won't be thanks to Mother Nature — fire hydrants are getting flushed.
The new Minnesota Military and Veterans Museum is under construction just outside of Camp Ripley in Little Falls. Set to open in late 2026, the $40 million, first-of-its-kind project in the nation will be eight times the size of the existing museum. It will honor not only Minnesota's service members and their sacrifices, but the refugee experience as well.
The National Weather Service has issued multiple tornado warnings and many more severe thunderstorm warnings throughout wide swaths of southern and central Minnesota Monday afternoon.
A spring snowstorm dropped several inches of plowable snow overnight in the Twin Cities and other parts of Minnesota.
Six Minnesota Vikings made the initial roster for the 2025 Pro Bowl Games, the most in 15 years.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
The Twin Cities will see highs in the upper 60s on Wednesday ahead of some possible Thursday showers, says meteorologist Lisa Meadow.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
WCCO meteorologist Joseph Dames says light rain moves through midday Thursday for the metro area, with highs in the mid 60s. Next week brings with it a chance for an 80-degree day.
Spring is heating up, with a breezy, warm Wednesday on the way and even warmer temperatures ahead.
Spring is heating up, with a breezy, warm Wednesday on the way and even warmer temperatures ahead.
A missing Minnesota man is believed to have drowned while trying to cross the border into Canada via a river.
The Twin Cities will see highs in the upper 60s on Wednesday ahead of some possible Thursday showers, says meteorologist Lisa Meadow.
After more than a decade of ups and downs, Rice Creek Commons in Arden Hills is officially underway.
Megan Fox, is the co-chair of the Purple Gala auction, previews the event, which includes a chance to bid for an unforgettable culinary journey with Patrice Johnson, the Nordic Food Geek.
There's a Kentucky Derby Party in the Twin Cities to benefit "Connections to Independence." This year's Run for the Roses Fundraiser will raise money for youth aging out of foster care, explain Jessica Rogers, executive director of "Connections to Independence," and Justin Marschinke, an alumni of C2i services.