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.
Wednesday will be a noticeably better weather day than Tuesday in the Philadelphia region, with stray showers possible early in the day.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
A video sent to CBS News Philadelphia shows a waterspout over the Delaware Bay amid a tornado warning in Cape May County.
Families in West Philadelphia are bracing for more rain and wind as they continue cleaning up from recent storms.
A video sent to CBS News Philadelphia shows a waterspout over the Delaware Bay amid a tornado warning in Cape May County.
Wednesday will be a noticeably better weather day than Tuesday in the Philadelphia region, with stray showers possible early in the day.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
Families in West Philadelphia are bracing for more rain and wind as they continue cleaning up from recent storms.
Before Delaware County Memorial Hospital is demolished, the Upper Darby School District is working to save important items that are still inside.
Families in West Philadelphia are bracing for more rain and wind as they continue cleaning up from recent storms.
City Council President Kenyatta Johnson, police and other community members were in Southwest Philly Monday night for a "Peace Not Guns" canvass.
A man was shot multiple times in North Philadelphia Monday afternoon, police said.
Two groups in the Philadelphia area are helping cats and dogs from Texas find forever homes.
There were two confirmed tornadoes in northern New Jersey on Tuesday.
A Florida man was arrested and charged following a 15-hour standoff at a Walmart parking lot in Lumberton, New Jersey.
A 41-year-old woman died in a crash after fleeing a traffic stop with a 5-year-old child inside in Mantua Township Sunday night, officials said.
Two groups in the Philadelphia area are helping cats and dogs from Texas find forever homes.
Two young children were killed during the crash in Barnegat Bay between Berkeley Township and Seaside Heights on Sunday night.
Police in Wilmington are increasing patrols after receiving 28 reports of car break-ins and attempted thefts last weekend.
Health officials in Delaware have confirmed the first cases of measles in the state in more than a decade.
Delaware State Police are investigating a death after a man's body was found in a retention pond near Christiana Hospital in Newark.
Body-worn camera videos from the night Kadir Skinner was shot and killed by police in Wilmington, Delaware, were released by state and local officials Thursday.
Attorneys for the family of Kadir Skinner, the 19-year-old shot and killed by Wilmington police, have released new cellphone video.
Health officials in Delaware have confirmed the first cases of measles in the state in more than a decade.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Pennsylvania is under a statewide Code Purple air quality alert on Friday because of smoke from the wildfires in Canada and Minnesota. But what does that mean?
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Pennsylvania will be under a code red air quality alert on Thursday because smoke from wildfires in Canada and Minnesota will create unhealthy levels of pollution for everyone.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
New Jersey is set to charge companies whose workers have Medicaid health coverage.
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.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
An overturned tractor trailer blocked traffic on the southbound lanes of Route 55 after a crash early Monday morning in Gloucester County, New Jersey.
A major rail injection saw service suspensions and delays after a SEPTA Regional Rail train derailed Wednesday in Philadelphia.
Three men died in a plane crash in Maryland Saturday night, police said.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Trea Turner hit two homers, including the 200th of his career, and drove in five runs, Bryce Harper and Brandon Marsh also went deep and the Philadelphia Phillies beat the Los Angeles Dodgers 10-7.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The Phillies will be throwing it back to the late 1930s and early 1940s during next month's Field of Dreams game in Iowa.
The New York Mets won a series in Philadelphia for the first time in nearly four years, beating the Phillies 6-1 on Sunday.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Will Ferrell stopped in the Philadelphia area Monday to promote his new Netflix comedy series.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
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.
Bill Kelly has the latest NEXT Weather forecast for the Philadelphia region for Wednesday, which will be a much better weather day than Tuesday.
The 91-year-old homeowner said the house immediately lost power when the tree struck the home.
The severe storms Tuesday night triggered a tornado warning for Cape May and Ocean Counties in New Jersey Tuesday night.
The standoff began Monday night in a Walmart parking lot in South Jersey and ended Tuesday afternoon, according to police.
In an email to CBS News Philadelphia, the Upper Darby School District asked families for patience and said every requested memorial item will be returned before demolition begins.