Bed Bath & Beyond files for bankruptcy protection
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Watch CBS News
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
The plan would let the organization keep operating while it compensates tens of thousands of men who say they were sexually abused as children while involved in Scouting.
The bankruptcy comes days after its bank was shut down and taken over by regulators amid a solvency crisis.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Akorn, which manufactured the asthma medication, shuttered three of its factories shortly after filing for bankruptcy.
Regal Cinemas is closing 39 more movie theaters across the United States. Is yours on the list?
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
One of the state's major oil companies said it has filed for Chapter 11 bankruptcy protection as part of an agreement with creditors to restructure $5 billion in debt.
A businessman who deals in sneakers wants his money back after a consignment of shoes were stolen during looting at the end of May.
National gym chain 24 Hour Fitness has filed for bankruptcy after the coronavirus pandemic forced its facilities shut for months.
Pacific Gas and Electric on Wednesday announced the latest overhaul of its board of directors in another step toward the nation's largest utility ending its bankruptcy.
California power regulators are mulling whether to approve Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by in a series of deadly wildfires.
Pacific Gas & Electric's plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility's fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund that's supposed to cover their losses.
California regulators are being advised to approve Pacific Gas & Electric's plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility's past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high electricity rates.
A Pacific Gas & Electric lawyer told a federal judge that the beleaguered company's plan for getting out of bankruptcy is winning support from the victims of Northern California wildfires ignited by the utility's crumbling equipment, despite concerns they will be shortchanged in a $13.5 billion settlement.
The resolution disclosed could remove a major stumbling block as PG&E scrambles to meet a June 30 deadline to emerge from bankruptcy.
A $13.5 billion settlement between victims of California's catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation.
Pier 1, the troubled home furnishings retailer that has closed hundreds of stores in recent years, filed for bankruptcy Monday.
The publisher of the Sacramento Bee, the Miami Herald and dozens of other newspapers across the country is filing for bankruptcy protection.
A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy.
Pier 1 Imports will close nearly half of its stores and is reportedly nearing a bankruptcy filing.
Pacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment.
A local Marie Callender's restaurant that shuttered after the company filed for bankruptcy earlier this year is reopening.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
As thunderstorms move through the Sacramento area, the Sacramento Municipal Utility District says there are scattered outages.
A deadly shooting in a remote area of Nevada County Saturday afternoon is being investigated as a homicide, deputies said.
The Athletics roughed up Kodai Senga in an 11-6 victory over the struggling Mets on Saturday.
Californians could see thousands more lightning strikes as more thunderstorms are expected throughout the weekend. The NWS advises people, if "thunder roars, go indoors."
Snow levels dropped Saturday night to about 3,500-4,000 feet as a winter storm warning is in effect.
Neither the victim nor the suspect has been identified.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
The woman alleged the California gubernatorial candidate sexually assaulted her twice when she was too drunk to consent.
Yolo County prosecutors have announced indictments in the deadly 2025 fireworks warehouse explosion.
A proposed crematorium in Sacramento, which sits within 1,000 feet of homes and an elementary school, is drawing concern from nearby residents who say they fear potential health and air quality impacts.
Last year, six people ran for Sacramento mayor and no one got more than 30% of the vote during the primary election. Now, there's a push to eliminate the primary and allow voters to choose more than one candidate.
A young girl was blindsided near her Natomas home Wednesday afternoon when her mother says a man crouching behind a utility box jumped out and attacked her from behind as she rode her bike.
Friday marks four years since the worst mass shooting in Sacramento history. Since then, police say they've been successful in reducing these types of violent crimes. One advocate says the city still isn't doing enough.
A new type of home may soon be rolling into Sacramento. City leaders are considering allowing people to live in cottages mounted on wheels.
Californians could see thousands more lightning strikes as more thunderstorms are expected throughout the weekend. The NWS advises people, if "thunder roars, go indoors."
The bill would allow drivers to install federally approved E-85 conversion kits, giving more vehicles access to the lower-cost fuel option.
California lawmakers want schools to include nicotine in drug tests already given to student-athletes, some as young as seventh graders.
The cost of diesel fuel is nearing $8 per gallon in parts of California, creating significant pressure on small trucking companies already struggling.
Northern California lawmakers denounced President Trump's latest threats against Iran on social media, vowing to wipe out "a whole civilization, and mirroring other Democratic lawmakers nationwide who are now calling for his removal from office.
The Athletics roughed up Kodai Senga in an 11-6 victory over the struggling Mets on Saturday.
Thousands of fans descended into Adventist Health Arena for game two of the NBA G League Finals on Friday.
Jeff McNeil had two hits in his return to Citi Field to help the Athletics beat the Mets 4-0 on Friday night.
John Carlson scored three goals for the first hat trick of his 17-year NHL career, and the Anaheim Ducks snapped their six-game losing streak with an emphatic 6-1 victory over the San Jose Sharks on Thursday night.
LeBron James had 26 points, 11 assists and eight rebounds but didn't get to compete against rival and pal Stephen Curry as the Los Angeles Lakers beat the Golden State Warriors 119-103 on Thursday night.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
The woman alleged the California gubernatorial candidate sexually assaulted her twice when she was too drunk to consent.
Former Vice President Kamala Harris said that she might run for president in 2028, telling a gathering in New York that she is considering mounting a third bid for the White House.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
A spring system is bringing rounds of rain and thunderstorms to Northern California and continues through the weekend, including bringing snow to the Sierra.
Here's a look at the weather forecast Saturday evening.
Carmela Karcher reports.
Sacramento police said a suspect remains at large after a deadly shooting at Natomas High School on Friday.
Here is a look at your next seven days of weather!