FTX had "substantial amount" of assets stolen
Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
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Some of those assets are believed to have been seized by government officials in Bahamas, where company is based.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
The company is losing $4 million a week as high-profile staffers resign, raising doubts that it can keep operating.
The local Boy Scout council told WCCO that any financial restructuring is limited to the national organization. They said all camps and activates will continue as planned.
Globe University has filed for chapter 11 bankruptcy protections.
More than 700 former and current Shopko workers have signed a letter seeking severance payments. The move comes after a federal judge on Friday approved the Wisconsin-based retailer's plan to exit bankruptcy protection and wind down its operations.
The number of farms filing for bankruptcy is increasing across the Upper Midwest.
Toys 'R' Us, the big box toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual.
A federal bankruptcy judge has approved the sale of a building owned by the Archdiocese of St. Paul and Minneapolis. Judge Robert Kressel on Thursday approved the sale of the Hayden Center to the Minnesota Historical Society for $4.5 million.
More than seven years after the financial collapse of one Minnesota's most powerful businessmen, victims are still waiting for money.
A Roman Catholic diocese in northeastern Minnesota has filed for bankruptcy protection after a jury found it partially responsible in a clergy sex abuse case.
The cost of legal and professional services in the Archdiocese of St. Paul and Minneapolis bankruptcy case has topped $5 million.
The attorney who made headlines for suing small businesses that can't afford to fight back has filed for Chapter 13 bankruptcy. Paul Hansmeier sues businesses, claiming discrimination against people with disabilities. Disability experts believe his motive is to make money, not make businesses more accessible, as he proclaims.
Victims of alleged sexual abuse by clergy in the Archdiocese of St. Paul and Minneapolis have filed more than 400 claims against the archdiocese in federal bankruptcy court, according to attorneys for victims and the archdiocese. The claims were filed by Monday, the deadline imposed by the bankruptcy court.
A former employee of the Archdiocese of St. Paul and Minneapolis who went public with concerns that clergy sex abuse cases were being mishandled has filed a claim in bankruptcy court.
Right now the Archdiocese is facing $26 million in claims, but that figure will jump dramatically. Of the 653 claims against the Archdiocese more than 400 are from victims of clergy abuse.
A federal bankruptcy judge has reaffirmed that victims of clergy sex abuse in the Archdiocese of St. Paul and Minneapolis must file their claims by Monday.
The Archdiocese of St. Paul and Minneapolis says it may sell off a portion of its property in order to pay creditors after filing for bankruptcy. The archdiocese may pursue the option to sell three of its buildings in St. Paul, including the Chancery Office on Summit Avenue.
The end of Target's Canadian operations has had a financial impact on small and medium businesses in Minnesota that supplied the retailer. Target's Canadian division filed for bankruptcy protection last month and owes nearly $5 million to suppliers and service providers in Minnesota.
The Archdiocese of St. Paul and Minneapolis is listing its assets and liabilities in detail as part of its latest filing in U.S. Bankruptcy Court.
Last week, the Archdiocese of St. Paul and Minneapolis announced it was filing for bankruptcy amid lawsuits claiming sexual abuse by priests. Tuesday, they were in court to hash out some of the details.
Following the news that the Archdiocese of St. Paul and Minneapolis has filed for bankruptcy, dozens of parishes across the Twin Cities are now bracing for the worst. Archbishop John Nienstedt made the announcement on Friday. He claimed filing for Chapter 11 reorganization would not hurt local churches.
The Roman Catholic Archdiocese of St. Paul and Minneapolis filed for bankruptcy protection on Friday, saying it's the best way for the church to get as many resources as possible to victims of clergy sexual abuse.
The Archdiocese of Minneapolis and St. Paul has filed for bankruptcy amid lawsuits alleging sexual abuse by some of their clergy members.
Some attorneys and victims groups are reacting differently to a bankruptcy filing by Minnesota's largest Catholic archdiocese. Mike Finnegan is an attorney for a law firm that repeatedly sued the St. Paul-Minneapolis archdiocese for abuse victims. His firm is now working with it on child protection issues. Finnegan says the filing won't stop scrutiny.
A dogged divide drew crowds to a Minnetonka, Minnesota, park board meeting as the city debates its new leash rules.
A 51-year-old Chaska, Minnesota, man pleaded guilty Wednesday to child sex abuse charges — a crime he's been convicted of before.
Police south of the Twin Cities say a crash killed a motorcyclist and injured two others late Tuesday afternoon.
Investigators say the incident began when a brother and sister got into an argument over the power of attorney for their mother, a patient at the hospital.
As Minnesotans gear up for the growing season, the University of Minnesota has a warning about where you buy your plants.
A dogged divide drew crowds to a Minnetonka, Minnesota, park board meeting as the city debates its new leash rules.
A 51-year-old Chaska, Minnesota, man pleaded guilty Wednesday to child sex abuse charges — a crime he's been convicted of before.
Police south of the Twin Cities say a crash killed a motorcyclist and injured two others late Tuesday afternoon.
Investigators say the incident began when a brother and sister got into an argument over the power of attorney for their mother, a patient at the hospital.
As Minnesotans gear up for the growing season, the University of Minnesota has a warning about where you buy your plants.
As Minnesotans gear up for the growing season, the University of Minnesota has a warning about where you buy your plants.
Authorities say they believe a southern Minnesota man accused of theft and online threats may have been planning a "mass casualty event."
Minnesotans love to claim Bob Dylan as their own, but they may want to think twice about sharing a quote on Pope Francis purporting to be from the iconic musician.
Minnesota Gov. Tim Walz in his State of the State address on Wednesday called on the divided legislature to work together in the crucial final weeks of the session.
Two weeks ago, the shelter took in more than 200 animals living in concerning conditions, including more than five dozen birds.
Guidance from the Democratic governor of Wisconsin's administration to state employees about what to do if immigration officials or other federal agents show up at their workplace is drawing fire from Republicans.
The bull elk was found on private property in Black River Falls on March 18.
Wisconsin health officials are calling a significant spike in congenital syphilis over the last several years "especially concerning."
The Wisconsin Supreme Court has ruled that the Democratic governor legally used the state's uniquely powerful veto to lock in a school funding increase for 400 years.
Storms moving through Wisconsin brought large amounts hail Friday morning.
The 17 crop art portraits on display depict themes of civic engagement, justice and community.
The birth of a child is typically the happiest day in a parent's life. But for a Minneapolis family, it started a mother's fight for her life.
Joan Jett and the Blackhearts, Cheap Trick and Ludacris are slated to headline Taste of Minnesota this year.
Low enrollment at Chelsea Heights Elementary School has impacted funding for music and arts programs, leaving staff to figure out how they will still deliver creative classes for students.
Avianah Drakeford was born with sickle cell disease, a genetic disorder that negatively affects how blood moves around the body. It's not life-threatening, but it is life-altering.
Gov. Tim Walz declared the state of our state is “as strong as it’s ever been” in his annual speech in St. Paul. He says that stands in contrast to what he calls chaos 1,000 miles away in Washington, D.C. Caroline Cummings joins us now with the latest from the Capitol.
Minnesota's governor will deliver his yearly "State of the State" address to a closely divided Capitol. WCCO's Caroline Cummings is there live with a look at what we can expect to hear tonight.
Illinois Sen. Dick Durbin announced Wednesday he is retiring and will not run for reelection in 2026.
Two U.S. retailers warned President Trump his sweeping tariff policy could disrupt supply chains and lead to empty shelves in the coming weeks.
Defense Secretary Pete Hegseth has not given any press briefings in the briefing room but has used the room as a backdrop for TV hits with Fox News.
Pork carnitas products sold at Aldi stores nationwide maybe contaminated with pieces of metal, according to a public health alert from the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
While 4/20 is a celebratory time for her, My Little CBD Co., owner Lynn Bialick said she is surprised at how long it's taking just to set up a cannabis marketplace.
Target's chief executive officer has met with the Rev. Al Sharpton, whose civil rights organization has encouraged consumers to avoid U.S. retailers that scaled backed their diversity, equity and inclusion initiatives.
A Minnesota company is offering the chance to own never-before-seen pieces of music history.
A company that makes baby food for Target is recalling more than 25,000 packages of a product because it may contain elevated levels of lead.
A 51-year-old Chaska, Minnesota, man pleaded guilty Wednesday to child sex abuse charges — a crime he's been convicted of before.
Investigators say the incident began when a brother and sister got into an argument over the power of attorney for their mother, a patient at the hospital.
A jury on Tuesday found a 38-year-old man guilty in the stabbing of a man found dead in a car in Crystal, Minnesota, last March.
Authorities say they believe a southern Minnesota man accused of theft and online threats may have been planning a "mass casualty event."
Upon learning that David Powers' whereabouts were unknown, the judge issued a bench warrant for his arrest and continued the trial.
It's only the second case in the state this year, following 70 cases in 2024 — the second highest total in the past 15 years.
In 2019, city officials in Northfield, Minnesota said the town's water supply tested for high levels of manganese.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
Pork carnitas products sold at Aldi stores nationwide maybe contaminated with pieces of metal, according to a public health alert from the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS).
Applications for free state health care by undocumented Minnesota residents are exceeding expectations.
A series of timeless movie trailers has inspired a Minnesota filmmaker to produce a documentary about their history.
Minnesotans love to claim Bob Dylan as their own, but they may want to think twice about sharing a quote on Pope Francis purporting to be from the iconic musician.
Meghan Trainor will perform at the Grandstand this year, the Minnesota State Fair announced.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
Monday marks nine years since the death of Minnesota superstar Prince, and his former home and recording studio marked the occasion by inviting fans for a day of remembrance.
Kirill Kaprizov had two goals and an assist as the Minnesota Wild took advantage of turnover-prone Vegas and beat the Golden Knights 5-2, tying the first-round playoff series at a game apiece.
Luka Doncic had 31 points, 12 rebounds and nine assists, and the Los Angeles Lakers fought back to even their first-round series with the Minnesota Timberwolves with a 94-85 victory in Game 2.
A Minneapolis teacher is helping high school basketball players get one more look from college coaches.
Bailey Ober worked six strong innings to win his second straight start, Trevor Larnach hit a two-run homer and Byron Buxton made a diving catch to end the game and seal the Minnesota Twins' 4-2 win over the Chicago White Sox.
In the back of Beloved Studios in Roseville, Minnesota, JC Stroebel and Jesse George are equal parts tattoo artist and superfan.
The U.S. House recently passed the SAVE Act, which requires proof of citizenship to vote. The bill has resulted in a heated debate on what ID requirements should be needed to vote.
The U.S. House recently passed the SAVE Act, which requires proof of citizenship to vote.
Domestic violence groups across Minnesota and the surrounding region are struggling to determine how they will be able to effectively serve people if proposed federal funding cuts go into effect.
Domestic violence services are in jeopardy amid federal funding cuts. In Talking Points, one of the biggest centers in Minnesota is bracing for an uncertain funding future.
At the State Capitol, there is a bipartisan effort to limit the authority of homeowner association (HOA) boards and make their dealings more transparent.
Easter is this weekend, and chances are a park in rural Redwood County will be a popular destination.
April 15 will be the 113th anniversary of the day the Titanic sank in the North Atlantic, taking with it 1,500 lives. From news to movies, people still marvel over what happened.
It's sap-tapping season in our state. In this week's Finding Minnesota, John Lauritsen shows us how an Otter Tail County man landed in the Maple Syrup Hall of Fame.
In this week's Finding Minnesota, John Lauritsen shows how one group is unearthing a bit of history.
South of Hastings, Minnesota, there's a town without a single resident and there are businesses that don't sell a single thing. Yet people can't wait to visit, and once here, they don't want to leave.
Electrical currents travel in an instant, but the effort to ensure that electricity is generated in a carbon-free way is a years-long journey.
Across several networks and streaming channels, you'll often find a dramatic depiction of life in a hospital.
A sure sign of spring might be flowing outside your home starting Wednesday. Streets will be soaked, but it won't be thanks to Mother Nature — fire hydrants are getting flushed.
No matter how you take your coffee, there are endless ways to create the morning staple.
Being married has its benefits, but a new study found that staying single late in life might actually be better for your brain.
A spring snowstorm dropped several inches of plowable snow overnight in the Twin Cities and other parts of Minnesota.
Six Minnesota Vikings made the initial roster for the 2025 Pro Bowl Games, the most in 15 years.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
WCCO meteorologist Chris Shaffer says rain showers are possible in southern Minnesota overnight and early tomorrow with heavier rain arriving later Thursday.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
Rain will move in late Wednesday night and become more widespread Thursday afternoon and evening, especially from the Twin Cities east, says meteorologist Chris Shaffer.
Rain is expected to move in overnight and will possibly become more widespread Thursday afternoon.
Wednesday will be sunny and top out around 70, but more rain is on the way.
Some of Minnesota's Special Olympians took to a new field Wednesday night. Photojournalist Joe Van Ryn takes us to CHS Field in St. Paul, where the Saints are pitching in to help support some awesome athletes.
Court documents are giving us a clearer picture of what happened when a metro hospital went into lockdown yesterday.
A dogged divide is drawing crowds to a Minnetonka park board meeting. Our Frankie McLister explains the new leash rules the city is debating.
Gov. Tim Walz declared the state of our state is “as strong as it’s ever been” in his annual speech in St. Paul. He says that stands in contrast to what he calls chaos 1,000 miles away in Washington, D.C. Caroline Cummings joins us now with the latest from the Capitol.
WCCO meteorologist Chris Shaffer says rain showers are possible in southern Minnesota overnight and early tomorrow with heavier rain arriving later Thursday.