Joann closing all of its remaining stores and going out of business
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
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Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Fabric and crafts retailer Joann Fabrics filed for a second bankruptcy this week, announcing the closure of nearly 500 stores nationwide.
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.
Pontiac General Hospital has filed for bankruptcy days after announcing the loss of Medicare funding and announcing over 240 layoffs.
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.
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
It's a financial comeback a decade in the making; Detroit's credit rating is now back to what it was before the city went broke and couldn't pay its bills.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.
The conspiracy theorist has proposed paying the families of Sandy Hook victims a fraction of the nearly $1.5 billion which they were awarded in judgements against him.
Families of those killed in the Sandy Hook Elementary School shooting have made an offer to Alex Jones to pay only a fraction of the $1.5 billion in legal judgments they won against him.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Rite Aid is set to close 19 stores in Michigan after the pharmacy chain filed for bankruptcy this week.
Michigan taxpayers will be on the hook for a financial penalty after the state attorney general's office violated a court order by distributing protected documents in the Flint water prosecution.
Despite emerging from bankruptcy in 2020, century-old retailer faces major challenges rebuilding its business.
The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.
The architect of Detroit's bankruptcy filing admits it was a miserable process.
Thousands of Detroit city employees and retirees lost big on July 18, 2013, when a state-appointed manager made Detroit the largest U.S. city to file for bankruptcy.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
Police said a 25-year-old woman has died after she lost control of her vehicle and crashed into a bridge abutment Monday evening on southbound I-275.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Tasia Keaton ran away from the Vista Maria facility on March 14 and was last seen three days later on a security camera near Joy and Beech Daly roads.
As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now paying a high price to receive their goods from U.S. Customs.
Police said a 25-year-old woman has died after she lost control of her vehicle and crashed into a bridge abutment Monday evening on southbound I-275.
Catholics from across Michigan have shared prayers in response to the announcement that Pope Francis has died.
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
A drive-in theater that opened in 2021 in Monroe County has closed for good; citing overall industry trends.
The operations of Tribar's Wixom location will be moving to Howell, according to plans announced earlier this month.
Shawn Fain, president of United Auto Workers, took to social media Thursday to give a policy speech. "There's a lot of uncertainty over what this moment holds," he said.
Slotkin is a former CIA officer who worked in national security roles in the Pentagon during the Bush and Obama administrations.
The company says the layoffs are not related to tariffs. The layoffs are effective April 14.
The automaker is working with local authorities on the investigation.
A drive-in theater that opened in 2021 in Monroe County has closed for good; citing overall industry trends.
The WWE's 41st WrestleMania event is finally here. Here's what time it starts and how to watch all the action on night 2.
Ryan Gosling will star in the next installment of the "Star Wars" franchise, "Star Wars: Starfighter," which will hit theaters in May 2027. Shawn Levy will direct the film.
Wink Martindale, the host of hit game shows "Gambit" and "Tic-Tac-Dough," has died. He was 91.
Residents of a small Michigan community stood side by side to help a local bookstore move 9,100 books — one by one — from its former site to a new location about a block away.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Walgreens has agreed to pay the government $300 million to settle claims that it unlawfully filled millions of invalid prescriptions.
Instagram is expanding its use of AI to determine if kids are lying about their ages on the app, parent company Meta said on Monday.
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
"We are acting out of an abundance of caution to notify the public as quickly as possible," Dr. Julie Kehdi said.
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Three or more related cases of the measles is an outbreak, according to the CDC.
During Black Maternal Health Week, a national campaign to raise awareness and improve outcomes for Black mothers, the Detroit-based organization Mothering Justice is spotlighting what happens when advocacy turns into action.
Cade Cunningham had 33 points and 12 rebounds and the Pistons beat the Knicks 100-94 on Monday night in Game 2 of their playoff series.
Gleyber Torres and Zach McKinstry each had three hits and the Detroit Tigers beat the San Diego Padres 6-4 for their fourth win in five games.
Michigan's Fred Richard and Paul Juda finished first and second in the all-around and the Wolverines edged them past five-time defending champion Stanford to win their first NCAA men's gymnastics title since 2014.
The Detroit Tigers were bested by the Kansas City Royals 4-3 Sunday afternoon after Bobby Witt Jr. hit a tiebreaking sacrifice fly in the 10th inning.
The New York Knicks had a 21-0 run in the fourth quarter, when Detroit had more turnovers than baskets, and won Game 1 123-112.
It's a look at the Detroit Public Schools Community Foundation and how things are going as Kerrie Mitchell, CEO, appears on Michigan Matters to give an update.
Lawrence Technological University is 93 years old with a strong regional imprint, which Dr. Tarek Sobh talks about on Michigan Matters.
A trio of experts talks about consumer needs when it comes to transit, which are evolving.
David Wasserman appears and talks about the two political parties.
It's a conversation about the first weeks of the Trump administration and its impact on Michigan.
Detroit Archbishop Edward Weisenburger held a Mass of Suffrage on Monday following the death of Pope Francis.
A warm week is ahead with the stronger wind finally winding down.
As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now paying a high price to receive their goods from U.S. Customs.
Following Pope Francis' death, many are wondering what will happen next. Teresa Tomeo, host of the "Catholic Connections" talk show, joined CBS News Detroit to discuss the next steps.
President Trump pays tribute to Pope Francis, who died at age 88 on Monday. The pope and Mr. Trump have been on opposite sides on certain issues, including immigration, but those differences were put aside as the world mourns.