Saks Global, century-old high-end department store chain, files for bankruptcy
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
Watch CBS News
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Regeneron, a biotech company, will acquire 23andMe for $256 million and vowed to comply with the genetic testing company's privacy policies.
Rite Aid will close 47 stores soon, including several across the Pittsburgh region.
The company filed for Chapter 11 bankruptcy on May 5.
Rite Aid is filing for bankruptcy again, and this time, customers could see their neighborhood stores shut down or sold off for good.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Joann, the fabric and craft store, is joining a growing list of companies that have filed for bankruptcy.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its restructuring.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
The Rite Aid in Squirrel Hill has some empty shelves as the company goes through the bankruptcy process.
Some Rue21 stores, including two in the Pittsburgh area, are reopening under new ownership.
West Virginia's Republican Gov. Jim Justice is not only running for the U.S. Senate.
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Looking to get free shipping when you make an online purchase, but your order doesn't qualify? Here's how you can change that!
Ahead of the St. Patrick's Day Parade, the 2026 Miss Smiling Irish Eyes and her court maidens were officially crowned.
Ohio State has moved past the abrupt resignation of the university's president by elevating its chief academic officer into the role.
Saturday will be a mostly sunny but windy day in Pittsburgh.
Powerful winds hit the Pittsburgh area on Friday night, causing widespread damage and power outages.
Looking to get free shipping when you make an online purchase, but your order doesn't qualify? Here's how you can change that!
Ahead of the St. Patrick's Day Parade, the 2026 Miss Smiling Irish Eyes and her court maidens were officially crowned.
Ohio State has moved past the abrupt resignation of the university's president by elevating its chief academic officer into the role.
The annual KDKA Fish Fry Guide is back for Lent! Check our listings for a 2026 fish fry near you in Pittsburgh.
Saturday will be a mostly sunny but windy day in Pittsburgh.
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
"I think, overall, what's accomplished is remarkable," Sen. John Fetterman told CBS News chief White House correspondent Major Garrett in an interview Wednesday.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
President Trump told CBS News the U.S. war with Iran is "very complete," and said the U.S. "could do a lot" about the Strait of Hormuz.
Looking to get free shipping when you make an online purchase, but your order doesn't qualify? Here's how you can change that!
Pennsylvania farmers say economic factors like diesel fuel and fertilizer costs are pushing them to the edge.
The gas price spikes are real and apparent. Here's how Pittsburgh drivers can save money.
The Pennsylvania Treasury will hold a public auction for unclaimed goods on Wednesday, March 25.
Pittsburgh gas prices have spiked in the last week, but how high exactly will they rise in the coming weeks?
That's a wrap for this week on PTL.
The Lincoln Park Performing Arts Center is putting on "All Hands On Deck!"
Boaz checks out an Irish pub on wheels.
Pittsburgh's St. Patrick's Day parade kicks off Saturday morning at 10 a.m. Boaz has a preview of what to expect.
Mia Asano is one of the most talked about electric violinists in the world right now, with millions of fans and hundreds of millions of views. She joined PTL before her show in Whitehall.
Residents in the area of Rochester, Beaver County, say a persistent chemical smell has taken over the air.
More homeowners than ever in Allegheny County are filing appeals to try to lower their property taxes.
A cancer once rare in young people has become the number one cause of cancer-related deaths for Americans under age 50.
There is cautious optimism on the North Shore that the Pittsburgh Post-Gazette may continue to publish under new ownership.
From freshly washed cars to air conditioning units to entire porches, dust is blanketing one Westmoreland County neighborhood.
A Pittsburgh-area man is not just giving people living with ALS a voice, he's giving them their own voice.
A cancer once rare in young people has become the number one cause of cancer-related deaths for Americans under age 50.
Fish fries can be a quandary for people with heart and other medical issues.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Cracking down on the price of prescription drugs is a hefty task.
Pitt is retaining basketball coach Jeff Capel.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
The SEA approved for the lease to PPG Paints Arena to be transferred from the Fenway Sports Group to the Hoffman Family of Companies.
Pavel Dorofeyev had two goals and an assist and the Vegas Golden Knights beat the Pittsburgh Penguins 6-2 on Thursday night.
Mike and Kiya Tomlin were awarded the Patricia R. Rooney Community Impact Award at the annual Ireland Funds gala.
Forbes' latest ranking of the world's richest people has been released, and the list features billionaires with ties to Pittsburgh.
A fire chief says a fire at an Ohio hog farm complex has killed about 6,000 pigs and unleashed a large plume of smoke that could be seen for miles.
Lawmakers in Harrisburg are looking at bills to tackle dynamic pricing.
The budget airline Breeze is launching a new nonstop route from Pittsburgh to Myrtle Beach this summer.
The lawsuit accuses Nippon of prioritizing revenue over worker safety.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
The countdown is on, as the NFL Draft comes to Pittsburgh and America turns 250 years old.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
The medical drama "The Pitt" has certainly put a lot of eyes on Pittsburgh, and while the stories are fiction, the show highlights some very real things about the city.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Watch as teams from Greater Latrobe, South Fayette, and Armstrong high schools compete on this edition of KD Quiz!
Watch as teams from Greater Latrobe, South Fayette, and Armstrong high schools compete on this edition of KD Quiz!
Watch as teams from Greater Latrobe, South Fayette, and Armstrong high schools compete on this edition of KD Quiz!
Watch as teams from Greater Latrobe, South Fayette, and Armstrong high schools compete on this edition of KD Quiz!
It's one of the biggest celebrations in the United States, and happening today is the Pittsburgh St. Patrick's Day Parade. KDKA's Jessica Riley gives you all the information you need about today's festivities!
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.