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.
A descendant of Betsy Ross is donating her sewing table to her house in Philadelphia and taking a historic journey of his own this summer.
Police arrested 25 people and recovered 52 chickens during a raid breaking up an active cockfight in Chester Saturday night.
Benzii Diaz created Heels and Shells to empower women through education, community and preparedness.
A pioneering project at the University of Pennsylvania Stuart Weitzman School of Design is working to create environmentally friendly alternatives to concrete and epoxy.
Inkwood Books in Haddonfield hosts a monthly Pride Book Club that gives book lovers a space to celebrate and discuss LGBTQ+ literature.
A descendant of Betsy Ross is donating her sewing table to her house in Philadelphia and taking a historic journey of his own this summer.
Police arrested 25 people and recovered 52 chickens during a raid breaking up an active cockfight in Chester Saturday night.
Benzii Diaz created Heels and Shells to empower women through education, community and preparedness.
A pioneering project at the University of Pennsylvania Stuart Weitzman School of Design is working to create environmentally friendly alternatives to concrete and epoxy.
Inkwood Books in Haddonfield hosts a monthly Pride Book Club that gives book lovers a space to celebrate and discuss LGBTQ+ literature.
A descendant of Betsy Ross is donating her sewing table to her house in Philadelphia and taking a historic journey of his own this summer.
Police arrested 25 people and recovered 52 chickens during a raid breaking up an active cockfight in Chester Saturday night.
Benzii Diaz created Heels and Shells to empower women through education, community and preparedness.
A pioneering project at the University of Pennsylvania Stuart Weitzman School of Design is working to create environmentally friendly alternatives to concrete and epoxy.
A new scam tricked a Pennsylvania man into "returning" his new iPhone from Comcast.
Inkwood Books in Haddonfield hosts a monthly Pride Book Club that gives book lovers a space to celebrate and discuss LGBTQ+ literature.
A referee at a Franklin Township flag football game choked a coach after a call on the field escalated Sunday, police said.
Protesters and New Jersey State Police clashed again Sunday night near Delaney Hall, despite a 9 p.m. curfew imposed by Newark Mayor Ras Baraka.
Friends, teammates, and community members gathered outside Cooper Hospital Saturday night for a prayer vigil for 12-year-old Xavier Taylor.
A 12-year-old boy in South Jersey is fighting for his life after being hit with a baseball in the neck earlier this week.
Delaware State Police's Homicide Unit is investigating the death of a 10-year-old girl found in her bedroom in Smyrna.
This weekend's rare blue moon may be visible in the Philadelphia area this Saturday and Sunday.
Now that the 2026 U.S. Men's National Team soccer roster is out, here's a look at the Philly ties across the lineup.
Families turned to indoor activities such as shopping, visiting museums and bowling on Monday in the Philadelphia area.
Just a week after a fire destroyed the Mother African Union Church in Wilmington, its congregation now has a temporary place to worship.
More than 1,000 people turned out for the 12th annual Lung Force Walk at the Philadelphia Zoo.
The FDA approved an inhaled needle-free insulin and a Delaware County teenager was part of the four year clinical trial.
ChristianaCare is preparing to open its first microhospital in Delaware County, a $51 million facility in Aston designed to help address the region's healthcare gaps following the collapse of Crozer Health.
Shakirah Duckett sees promising results from a clinical trial three years after her lung cancer diagnosis.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
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.
Pennsylvania and Philadelphia officials announced an investment that could impact the city's sports teams located in South Philly.
New Jersey Gov. Mikie Sherrill declared a state of emergency because freezing temperatures this spring damaged crops at local farms.
A police pursuit that started in Philadelphia's Kensington section ended with a car fire along I-95 Friday afternoon, sources said.
SEPTA's board voted to approve its annual service plan Thursday, including the transit authority's first-ever comprehensive bus redesign.
Pennsylvania and Philadelphia officials announced an investment that could impact the city's sports teams located in South Philly.
SEPTA launched its first-ever digital real-time arrival display Wednesday at the bus stop at Broad Street and Oregon Avenue.
Organizers say they want FIFA Fan Festival in Philadelphia to be "soccer Coachella" for fans from around the world.
A referee at a Franklin Township flag football game choked a coach after a call on the field escalated Sunday, police said.
Yoshinobu Yamamoto had a season-high 10 strikeouts in 5 1/3 scoreless innings, Ryan Ward hit his first major league homer in his Dodger Stadium debut, and Los Angeles defeated the Philadelphia Phillies 9-1.
Catcher J.T. Realmuto exited the Philadelphia Phillies-Los Angeles Dodgers game Sunday with a bruised left wrist.
Edmundo Sosa capped a three-run eighth inning with a two-run home run and the Philadelphia Phillies rallied to beat Los Angeles 4-3 on Saturday night, ending the Dodgers' winning streak at six games.
The Sixers are reportedly hiring Cleveland Cavaliers general manager Mike Gansey as the team's president of basketball operations, sources say.
"LUZIA" showcases Mexican culture under the Big Top at the Greater Philadelphia Expo Center in Oaks through June 7.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Patti LaBelle said she's "having fun living it down" as the legendary singer marks her 82nd birthday.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
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.
At Inkwood Books in Haddonfield, New Jersey, the monthly Pride Book Club gives book lovers a chance to celebrate and discuss queer literature while creating friendships close to home.
At Inkwood Books in Haddonfield, New Jersey, the monthly Pride Book Club gives book lovers a chance to celebrate and discuss queer literature while creating friendships close to home.
A Montgomery County, Pennsylvania, man says scammers posing as Comcast representatives tricked him into returning his brand new iPhone. CBS News Philadelphia consumer reporter Josh Sidorowicz is In Your Corner with more on how to protect yourself.
June marks the beginning of meteorological summer, and it'll be a great day to get outside with lots of sunshine and highs in the upper 70s. The NEXT big weather change we're tracking this week is a potential heat wave with temps in the low 90s.
There's been an outpouring of support on social media for 12-year-old Xavier Taylor after the avid baseball fan was hit with a ball during a game last week. Posts from around the region and the country are sending love to Xavier and his family, who say they're praying for a miracle.