Sources: Taj To File For Bankruptcy, Close In November
Sources tell CBS 3 Eyewitness News that the Trump Taj Mahal in Atlantic City is filing for bankruptcy, is expected to close in November and terminate all employees.
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Sources tell CBS 3 Eyewitness News that the Trump Taj Mahal in Atlantic City is filing for bankruptcy, is expected to close in November and terminate all employees.
Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers.
Atlantic City's mayor says there are six potential buyers for the Revel Casino Hotel, which is up for sale next month at a bankruptcy auction.
Shortly after distributing the letters, Revel filed a Chapter 11 petition with the federal bankruptcy court, its second in as many years. Revel said it hopes to find a buyer quickly.
Competitors are already picking at the soon-to-be-closed Atlantic Club Casino Hotel, trying to lure customers and employees to their own casinos.
The Atlantic Club Casino Hotel in Atlantic City says it will close on January 13th, reducing the number of casinos in the struggling gambling resort to eleven.
Six months after exiting bankruptcy court, Atlantic City's newest casino may be up for sale — or headed back to bankruptcy.
The Atlantic Club Casino Hotel filed for Chapter 11 bankruptcy protection Thursday, the second Atlantic City casino to do so this year.
Chris discusses President Obama's statement on Trayvon Martin and Race, the impending birth of the royal baby, and the bankruptcy of Detroit. He talks to Jeff Roe and Michael Bronstein on the Monday Morning Matchup, Phillies Manager Charlie Manuel, John Hayward from Human Events, and Rob Levine from Holt's Cigar Company.
From Beach Haven at the Jersey shore, Chris follows the bankruptcy filing by the city of Detroit, the President's statements on the efficacy of Obamacare. He also talks to Steve Cordasco on Finance Friday, CBS 3's Beasley Reece, and Lou Richards, Owner of the Crust and Crumb.
The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes.
Singer Dionne Warwick owes nearly $10 million in back taxes and has filed for bankruptcy.
On Monday, the $2.4 billion resort found it could not break the law of supply and demand as it filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Camden.
Kevin DeSanctis, the man who guided Atlantic City's Revel casino-hotel through its tortuous development, only to see it struggle in the cutthroat East Coast gambling market, is stepping down as head of the $2.4 billion resort.
Chris responds to the President's warnings about sequestration and is excited about a bill to finally privatize Pennsylvania's liquor stores. He talks to Wolgang Puck to discuss the OSCAR's Governor Ball that he will be catering and to Tom McGrath from the Philly Post. He also brings, Manning, the Piazza Pet of the Week in to get adopted.
TMZ reports that Allen Iverson lost his $4.5 million dollar home in foreclosure.
Lenny Dykstra could be sentenced to up to 20 years in his bankruptcy fraud case.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union.
Rhode Island's economic development agency on Thursday sued former Philliespitcher Curt Schilling.
Curt Schilling auction begins today, but no bloody sock.
Former Phillies pitcher Curt Schilling might have to sell the famed blood-stained sock he wore during the 2004 World Series to cover millions of dollars in loans he guaranteed to his failed video game company.
Former Red Sox pitcher Curt Schilling's failed video game company heads to a federal bankruptcy court in Delaware, as work begins to sort out what can be salvaged from a company that says it owes more than $270 million.
What do you do to protect your good credit when tying the knot with someone whose credit is a disaster?
The Philadelphia Orchestra and the major thorn in management's side during the more than year-long bankruptcy process, the National Musicians' Pension Fund, have settled their dispute.
The Orchestra Association has renewed the contract of Allison Vulgamore, at $450,000 per year.
The largest collegiate regatta in the United States is back again on the Cooper River in Camden County, New Jersey.
The Federal Trade Commission warns that unsolicited offers for debt relief or to lower your credit card interest rate are almost always scams.
Three men were rushed to a hospital and a stray bullet landed in a living room after a shooting early Friday morning.
On Friday in the Philadelphia region, you'll want a sweatshirt or light jacket before heading out the door in the morning with temperatures in the 40s.
The Flyers are on the brink of elimination after losing Game 3 to the Hurricanes on Thursday night at Xfinity Mobile Arena.
The largest collegiate regatta in the United States is back again on the Cooper River in Camden County, New Jersey.
The Federal Trade Commission warns that unsolicited offers for debt relief or to lower your credit card interest rate are almost always scams.
Three men were rushed to a hospital and a stray bullet landed in a living room after a shooting early Friday morning.
The American Red Cross is helping four people after a home partially collapsed in Philadelphia's Nicetown-Tioga section.
On Friday in the Philadelphia region, you'll want a sweatshirt or light jacket before heading out the door in the morning with temperatures in the 40s.
The Federal Trade Commission warns that unsolicited offers for debt relief or to lower your credit card interest rate are almost always scams.
Three men were rushed to a hospital and a stray bullet landed in a living room after a shooting early Friday morning.
Delaware County businesses are preparing for all the action before the 2026 PGA Championship comes to Aronimink Golf Club.
A man is in critical condition after he was shot multiple times on South 64th Street, Philadelphia police said.
One week after the board approved the district's controversial facilities plan, City Council approved a resolution to possibly change the way board members are seated.
The largest collegiate regatta in the United States is back again on the Cooper River in Camden County, New Jersey.
A serious crash in Hainesport, New Jersey, forced Route 38 to close Thursday night.
The 87th Jefferson Dad Vail Regatta is kicking off once again along the Cooper River in South Jersey.
Round-trip rail tickets were going to cost World Cup fans $150. They will now be $105, NJ Transit CEO Kris Kolluri said Thursday.
Breeze Airways launched its first flights out of Atlantic City International Airport just days after Spirit Airlines shut down suddenly.
A New Castle County, Delaware, refinery is starting repairs that could increase its sulfur dioxide emissions levels past permitted limits.
At 108 years old, Susan Young Browne still exercises, drives and visits the Dover, Delaware, senior center she's been a member of for more than 50 years.
Delaware State University students are taking off from Chandelle Airport in Dover as they work to become future Army aviators.
Crews were called out to the 2000 block of North Harrison Street for a reported blaze at a three-story building.
Jimmie Hayes was arrested in connection with at least nine burglaries at businesses in Wilmington, Delaware, police said.
Philadelphia church leaders are encouraging Black women to participate in a groundbreaking health study.
A Bensalem family visited the team at Jefferson Abington Hospital to say thank you after a long NICU stay.
The rare genetic disorder neurofibromatosis, or NF, affects about 1 in every 3,000 people and causes tumors to grow along nerves throughout the body.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Holly Heenan will represent Team Determination at the Broad Street Run in Philadelphia.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Photos by HughE Dillon
Gas prices are climbing, putting a strain on the transportation industry and its workers in the Philadelphia area.
FIFA officials have canceled hundreds of hotel rooms in Philadelphia previously booked for this summer.
A serious crash in Hainesport, New Jersey, forced Route 38 to close Thursday night.
The ramp from Front Street to northbound I-95 and the ramp from southbound I-95 to Front Street will reopen the afternoon of May 8 until the morning of May 11.
Breeze Airways launched its first flights out of Atlantic City International Airport just days after Spirit Airlines shut down suddenly.
The sudden shutdown of Spirit Airlines is having an outsized impact on Atlantic City International Airport, where the budget carrier accounted for about 75% of all flights.
The former Greyhound Bus Terminal, now called the Philadelphia Parking Authority Transportation Center, has reopened after undergoing a major renovation project.
The largest collegiate regatta in the United States is back again on the Cooper River in Camden County, New Jersey.
The Flyers are on the brink of elimination after losing Game 3 to the Hurricanes on Thursday night at Xfinity Mobile Arena.
The Philadelphia Phillies were crushed by the Athletics Thursday night to avoiding a three-game sweep.
Delaware County businesses are preparing for all the action before the 2026 PGA Championship comes to Aronimink Golf Club.
Philadelphia 76ers center Joel Embiid is questionable for Game 3 of the Eastern Conference semifinals vs. the New York Knicks Friday night at Xfinity Mobile Arena.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Call Your Mother, a Washington D.C. based bagel and deli chain, now has the keys to Metropolitan's Rittenhouse Square location.
The Philadelphia Museum of Art is embracing a statue it once kept at arm's length.
The "Dog Days Are Over" for the Flyers, but their return to the playoffs comes at the cost of the Florence + the Machine concert.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Unexpected callers offering to lower your credit card interest rate and asking to confirm personal information could be a scam. Yeadon resident Birtha Irby tells our Josh Sidorowicz about a scammer who possessed a startling amount of her personal information — "my daughter said right away, 'we have to call Josh'."
The 2026 Dad Vail Regatta marks the 50th anniversary of a major milestone -- the addition of female rowers to the long-running competition. Wakisha Bailey catches up with Kirsten Morasco, president of the Dad Vail Regatta Organizing Committee.
Canvas, a system used by thousands of schools and universities, including the University of Pennsylvania and Rutgers, was offline Thursday due to a cyberattack, creating chaos as students tried to study for finals.
There could be some showers Friday afternoon and rain looks likely on Saturday as well. But the first half of Mother's Day looks sunny and warm before rain moves in Sunday evening into Monday, with even more showers possible next week. NEXT Weather Meteorologist Kate Bilo has the latest forecast.
Lauren Morris, who won the CBS Philadelphia Trudy Haynes Scholarship last year, is now graduating from Temple University and already has a job in journalism lined up. Janelle Burrell catches up with the Klein College class speaker.