bankruptcy
Conservative Watch Dog: Pensions Could Bankrupt Illinois By 2015
A conservative watch dog group is warning of dark days ahead for the entire state unless Illinois mends it’s financial ways, and soon
Feds: Drivers Faked Bankruptcy To Avoid Auto Impound Fees
In a city well-practiced in the way of scams, this is a new one.
Tribune Co. Leaves Bankruptcy After 4 Years
Tribune Co. emerged from a Chapter 11 restructuring Monday, more than four years after the media company sought bankruptcy protection.
Former Exec Accused Of Bilking Tribune Out Of $260,000
A federal grand jury has accused a 39-year-old woman of defrauding Chicago-based Tribune Co. during its lengthy bankruptcy.
More Than 100 Potential Buyers Interested In Hostess Brand, Bankrupt Bakery Says
The update on the sale process came as Hostess also received approval to give its top executives bonuses totaling up to $1.8 million for meeting certain budget goals to bring down costs during the liquidation.
Hostess Says Talks To Stave Off Shutdown Fail
Hostess Brands Inc. lived to die another day.
New Hope For Hostess In Bankruptcy Court
Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won’t go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.
Hostess Snacks Flying Off Shelves After Company Shuts Down
Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business, and customers have been rushing to local stores to grab their favorite fatty, sugary snacks before they’re gone.
Twinkies Could Disappear If Hostess Liquidates Amid Labor Strife
The flagship Hostess product, the Twinkie, was invented by Schiller Park bakery manager James Dewar in 1930 under a precursor company, Continental Baking Co.
American Airlines Pilots To Picket At O’Hare Over Contract Dispute
American Airlines pilots will be holding an informational picket at O’Hare International Airport Thursday afternoon, in the midst of an ongoing labor dispute.
Clothing Retailer Mark Shale Going Out Of Business
The famed Chicago clothing retailer Mark Shale is will be closing three of its stores.
Y-Me Abruptly Closes, Files For Bankruptcy
A local organization helping Chicago-area women cope with breast cancer abruptly shuts its doors — and is filing for bankruptcy.
Suburban Country Club On Auction Block In Bankruptcy
A Chicago firm is soliciting offers for the sale of Green Garden Country Club in Frankfort, part of the ongoing bankruptcy case of former gas station magnate William J. McEnery.
Neighbors In Hyde Park, Kenwood Concerned After Michael’s Fresh Market Bankruptcy
The bankruptcy of Michael’s Fresh Market has drawn concerns about the store that stepped in to fill a vacancy in the South Kenwood neighborhood, after the Hyde Park Co-Op had left the site vacant for years.
Sun-Times Finalizes Sale To Investment Firm
The sale of the Chicago Sun-Times is a done deal.
Looming Postal Cuts Could Eliminate Next-Day Mail
With bankruptcy looming over the U.S. Postal Service, it’s possible that next-day delivery will no longer be an option.
O’Hare Travel Likely To Be Spared By American Bankruptcy
American Airlines is seeking Chapter 11 bankruptcy protection as it seeks to unload massive debt created by high jet fuel prices and labor problems.
Judge Hopes Public Auction Will Revive Moo & Oink
A federal bankruptcy judge has ordered a public auction of the iconic Moo & Oink grocery store chain, which shut down in September.
Bankrupt Indiana Casinos In Hands Of Investment Firm
A Minnesota investment firm has taken over two northwestern Indiana casinos as the casino company continues going through bankruptcy reorganization.
Cain Accuser Bialek Has History Of Bankruptcy, Financial Trouble
So far, Chicago native Sharon Bialek is the only one of four women who have accused Republican presidential candidate Herman Cain of sexual harassment to speak out publicly about the allegations. Now, a day after she came forward, we are learning more about her and her reasons for going public.
Most Popular News
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- 25 Years Ago, Laurie Dann Went On Deadly Rampage On North ShoreIt was 25 years ago today when a tragedy unfolded in Winnetka.246
- Neighbor’s Dog Seriously Injures 9-Year-Old BoyA nephew of the dog owner was able to pull the animal off the boy, who suffered bites to his arms and legs.321
- Storms Likely On Monday Afternoon, EveningWarm, humid air over Chicago is likely to create some strong, isolated thunderstorms around the evening rush hour on Monday.431
- Three Teens Arrested After Large Fight On Lakefront On South SideThree teens were arrested on Sunday, after police broke up a large fight along the lakefront in the Jackson Park neighborhood.337
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Twitter Updates
- Severe thunderstorm watch in some Chicagoland areas. Keep track of weather the weather here: cbsloc.al/ejfbR1 http://t.co/KA6lZiRhX1 5 hours ago
- At least 51 are dead after the massive Oklahoma tornado. cbsn.ws/17W4pcJ 6 hours ago
