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 Philadelphia Flyers on July 1 signed goaltender Dan Vladar to a five-year, $27.5 million contract extension.
About 50 people from the Bonner-Prendie community is heading to the Tigers-Yankees game Wednesday to see alum Kevin McGonigle.
Wawa's annual Hoagie Day returned Wednesday, with the company serving 30,000 hoagies outside the National Constitution Center.
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
On the In Your Corner podcast, All the Wealth podcast host Mical Jeanlys-White said you do not need hours to get back on track.
A dangerous heat wave is underway in Philadelphia and the surrounding suburbs this week, where each day temps could surpass 100 degrees.
The Philadelphia Flyers on July 1 signed goaltender Dan Vladar to a five-year, $27.5 million contract extension.
About 50 people from the Bonner-Prendie community is heading to the Tigers-Yankees game Wednesday to see alum Kevin McGonigle.
Wawa's annual Hoagie Day returned Wednesday, with the company serving 30,000 hoagies outside the National Constitution Center.
Wednesday will be Day 3 of the heat wave in the Philadelphia region as an extreme heat warning goes into effect at noon.
The Philadelphia Flyers on July 1 signed goaltender Dan Vladar to a five-year, $27.5 million contract extension.
Wawa's annual Hoagie Day returned Wednesday, with the company serving 30,000 hoagies outside the National Constitution Center.
On the In Your Corner podcast, All the Wealth podcast host Mical Jeanlys-White said you do not need hours to get back on track.
A major rail junction is impassable in Philadelphia and there are suspensions and delays on several routes Wednesday.
The Rev. Michael Murphy's emotional last day on the job at St. Dorothy in Delaware County was Tuesday.
The annual 3% increase affects trains, buses, light rail and the Access Link. It comes as commuters have been dealing with service issues.
A car went up in flames after crashing into a building along NJ 47/Delsea Drive in Vineland, New Jersey, around 1 a.m. Monday.
Aiden Logrande, 19, was arrested in connection with two vehicle arsons and multiple acts of criminal mischief in Washington Township, police said.
Police said a girl was shot and two boys were hit by a car after shots were fired outside a graduation party in Deerfield Township, Cumberland County.
Table to Table is on a mission to make sure nothing goes to waste at 2026 FIFA Men's World Cup celebrations in New Jersey.
Delaware Sen. Chris Coons was injured in a crash that involved several vehicles in Sussex County Sunday afternoon, he announced on social media.
Police say a 19-year-old pointed a gun at a crowd and then fled from police, and an officer shot him during a foot pursuit.
Prosecutors allege John Wallace-Bey got into an argument with two co-workers, left work and later came back and shot them.
A man from New Jersey was charged after he allegedly hit and killed two teen pedestrians in Townsend, Delaware, over the weekend.
A 66-year-old woman who was riding an e-bike in Rehoboth Beach, Delaware, died in a crash Saturday morning, state police said.
Hospitals in the Philadelphia region are gearing up for an expected increase in patients with heat-related illnesses.
Philadelphia will declare a heat health emergency when the heat index reaches 100, which is expected on Wednesday.
At Jefferson Moss-Magee Rehabilitation Center, dogs are being used to help aphasia patients.
Janaylon Wright's cancer symptoms were overlooked for months. Her story, featured in a new report, reflects broader disparities in cancer care.
Vets emphasize that marijuana edibles often contain other highly poisonous ingredients like chocolate or artificial sweeteners, which can worsen the toxicity for dogs.
Target is voluntarily recalling two types of baby wipes due to concerns that the products may be contaminated with bacteria that may cause "serious and life-threatening infections," the U.S. Food and Drug Administration said on Friday.
The Pennsylvania Liquor Control Board says it will begin approving the extended-hours permits for Philadelphia businesses within the next week.
Two top-rated and critically acclaimed restaurants in the Philadelphia area are receiving a new honor.
Sportswear brand Mitchell & Ness is opening a new three-story flagship store in Center City Philadelphia.
Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas' Golden Nugget and chains like Rainforest Cafe and Morton's.
A major rail junction is impassable in Philadelphia and there are suspensions and delays on several routes Wednesday.
Three men died in a plane crash in Maryland Saturday night, police said.
Organizers say they want the FIFA Fan Festival in Philadelphia to be "soccer Coachella" for fans from around the world.
SEPTA and its police union have tentatively agreed to a new contract, averting a strike during a busy summer in Philadelphia.
Traffic is backed up on I-95 North in Philadelphia because of a crash near East Allegheny Avenue.
The Philadelphia Flyers on July 1 signed goaltender Dan Vladar to a five-year, $27.5 million contract extension.
About 50 people from the Bonner-Prendie community is heading to the Tigers-Yankees game Wednesday to see alum Kevin McGonigle.
The Philadelphia 76ers have agreed to terms with forward Dean Wade on a four-year, $39 million deal Tuesday night, according to a report.
Cristopher Sánchez returned to form after a couple of shaky outings, allowing only three hits in seven innings as the Philadelphia Phillies beat the Pittsburgh Pirates 8-0.
Eagles owner Jeffrey Lurie will be honored during ESPYS week in July and receive the Stuart Scott ENSPIRE Award for his work supporting the global autism community.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Over 80 costumes by award-winning costume designer Ruth E. Carter are on display at the African American Museum in Philadelphia.
Brazilian fans visiting Philadelphia for the World Cup are avoiding dressing the Rocky statue in their team colors.
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.
Dangerous heat is building in the Philadelphia area this week, with feels-like temperatures reaching the triple digits on Wednesday afternoon and overnight lows near 80 degrees. NEXT Weather Meteorologist Kate Bilo has the latest forecast.
Whether it's a 401(k) mistake costing you thousands or a debt situation that's getting you down, July is a great time for a mid-year money reset. In this preview of the In Your Corner podcast, Josh Sidorowicz chats with Mical Jeanlys-White of Wealthmore for tips to give your finances a checkup.
A car flipped over in the middle of a block in the Holmesburg neighborhood of Northeast Philadelphia after a pursuit involving Pennsylvania State Police.
Once the longest suspension bridge in the world, the Ben Franklin Bridge is turning 100 years old. Millions have journeyed across it since it opened July 1, 1926, connecting Philadelphia and Camden. Joe Holden reports.
Wawa workers kicked off July with a massive effort to prepare thousands of Shorti hoagies for local charities and the public to grab for free. Wakisha Bailey is live from the National Constitution Center: homebase for the hoagie haul.