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Red Lobster files for Chapter 11 bankruptcy protection
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
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Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
Rite Aid said it plans to shutter 154 locations across the nation, with many of the stores slated for closure in California and Pennsylvania.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
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.
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.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
Grocery store operator A&P is filing for Chapter 11 bankruptcy with plans to sell off stores as it faces increasingly tough competition.
Interfaith Medical Center in Brooklyn was set to begin shutting its doors this week, despite a public outcry.
The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's $1.5 billion in debt, by giving lenders an 82 percent ownership stake.
Allowing patrons to smoke is only one of several big changes the $2.4 billion resort is planning. Its bankruptcy filing read like a laundry list of mistakes and misfortunes that caused the much-heralded resort to struggle sine the day it opened last April.
The New Jersey-based owner of the Mandee, Annie Sez and Afaze clothing stores filed for Chapter 11 bankruptcy protection Monday, citing effects from Superstorm Sandy as the cause of its financial woes.
Interfaith Medical Center in Brooklyn has filed for Chapter 11 bankruptcy protection.
Now that the Los Angeles Dodgers have filed for Chapter 11 bankruptcy, the future of the franchise is uncertain. What would happen if the Dodgers returned to Brooklyn?
The additional closings would bring the remaining store total to about 400.
The U.S. Bankruptcy Court for the Southern District in New York will rule on whether a bid by a group of debtholders for $290 million should be approved.
The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, Borders spokeswoman Mary Davis said.
A New York court has approved financing that will allow the Great Atlantic & Pacific Tea Co. to continue operating while under Chapter 11 bankruptcy protection.
The company that owns the West 22nd Street museum filed for Chapter 11 bankruptcy protection earlier this month in an effort to avoid foreclosure.
The Yankees' 5-4 defeat on Tuesday marked their 11th loss in their last 15 games.
The Mets erupted for five runs in the 10th inning on their way to a 7-2 win over the Nationals on Tuesday.
The Boys & Girls Club of Harlem was not approved for replacement funding for a lapsed state after-school budget.
Relatives of loved ones caught in the destructive path of Hurricane Beryl are greatly concerned.
Westchester County inspectors are working to make sure watery gas does not get into your vehicles.
The Boys & Girls Club of Harlem was not approved for replacement funding for a lapsed state after-school budget.
Relatives of loved ones caught in the destructive path of Hurricane Beryl are greatly concerned.
Westchester County inspectors are working to make sure watery gas does not get into your vehicles.
Acknowledging Times Square needs to be cleaned up, Mayor Adams unveiled the Midtown Community Improvement Coalition on Tuesday.
The attorney for a Manhattan banker accused of punching a woman at a Brooklyn Pride event says additional video of the incident shows Jonathan Kaye was acting in self defense.
Connecticut had several new laws start on July 1, 2024, including the school age cut-off and surveillance cameras meant to catch drivers who blow by buses.
Severe thunderstorms swept through New York, New Jersey and Connecticut on Sunday, with the chance of an isolated tornado. See the latest weather maps and live radar.
A tractor-trailer accident on I-95 in Greenwich, CT had southbound lanes backed up for the morning commute.
Severe thunderstorms moved through New York and New Jersey on Wednesday evening, causing widespread power outages and other damage.
U.S. News & World Report released its 2024 college rankings Tuesday, and some Tri-State Area schools ranked among the best in the world.
The Macy's 4th of July Fireworks is returning to the Hudson River this year. It is expected to make for big business on the New Jersey side of the river, too.
Flights at Newark Airport had to be slowed Monday evening and Tuesday because of an air traffic controller shortage, according to the FAA.
With NJ Transit's fare hike kicking in on Monday, some riders are considering alternate ways of getting around.
Sunday was expected to be the busiest day of the summer travel season, but severe thunderstorms caused delays and cancelations.
Severe thunderstorms swept through New York, New Jersey and Connecticut on Sunday, with the chance of an isolated tornado. See the latest weather maps and live radar.
The 4th of July fireworks can make dogs and other pets anxious and afraid, so we have some expert advice on how to keep them calm.
Steven Schwally, the man accused of being intoxicated when he crashed into a nail salon on Long Island, killing four, appeared in court Monday.
Severe thunderstorms swept through New York, New Jersey and Connecticut on Sunday, with the chance of an isolated tornado. See the latest weather maps and live radar.
Long Island police said Steven Schwally, 64, was drunk and speeding when he crashed an SUV into a nail salon Friday, killing an off-duty NYPD officer and three other people.
At least four people were killed and nine injured when a driver crashed through the front of a nail salon on Long Island.
The Boys & Girls Club of Harlem was not approved for replacement funding for a lapsed state after-school budget.
Westchester County inspectors are working to make sure watery gas does not get into your vehicles.
Acknowledging Times Square needs to be cleaned up, Mayor Adams unveiled the Midtown Community Improvement Coalition on Tuesday.
Justice Juan Merchan set a new sentencing date of Sept. 18, "if such is still necessary."
The first Democratic lawmakers called on Biden to drop out of the race after his rocky debate performance last week.
FDA approval of the new Alzheimer's treatment, which will be branded as Kisunla, follows years of setbacks.
The New York City Virus Hunters are getting their hands dirty to find out which little birdies might be carrying a deadly disease in Central Park.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
The advisory issued by Dr. Vivek Murthy came as the U.S. grappled with another summer weekend marked by deadly mass shootings.
One bill being fast-tracked would make abortions free in New Jersey by eliminating co-pays.
Ann Wilson, lead singer of rock band Heart, says she has cancer.
Spike Lee's "Do the Right Thing" celebrated its 35th birthday Sunday with a block party on Do The Right Thing Way in Bed-Stuy, Brooklyn.
Usher accepted the lifetime achievement award at the 2024 BET Awards, and Will Smith debuted a single as he continued his comeback from slapping Chris Rock at the Oscars two years ago.
His recently uncovered photographs, long thought lost, are the basis of the former Beatle's book, "1964: Eyes of the Storm," and an exhibition currently at the Brooklyn Museum.
From the moment she first began appearing at the side of John F. Kennedy Jr., Carolyn Bessette became one of the most photographed women in the world. Her personal style continues to have an impact 25 years following her death.
The Yankees' 5-4 defeat on Tuesday marked their 11th loss in their last 15 games.
The Mets erupted for five runs in the 10th inning on their way to a 7-2 win over the Nationals on Tuesday.
The Mets used an offensive explosion in the 10th inning to defeat the Nationals 9-7 on Monday and get back to .500.
The Mets' rally was all for naught as a five-run 11th inning lifted the Astros to a 10-5 win on Sunday.
The Yankees left Toronto with a split of their four-game series against the Blue Jays with an 8-1 win on Sunday.
The Boys & Girls Club of Harlem was not approved for replacement funding for a lapsed state after-school budget.
A nonprofit recycling center in Brooklyn says it has seen a sharp increase in people who collect cans and bottles to make a living.
Queens residents who lost their homes in an apartment building fire six months ago say they are again searching for somewhere to live as their temporary housing agreements expire.
The New York City Virus Hunters are getting their hands dirty to find out which little birdies might be carrying a deadly disease in Central Park.
Lillian Wong of Queens is trying to solve the mystery of money being withdrawn from her dead son's bank account.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
CBS New York's Lonnie Quinn says the humidity will increase on Thursday, with a slight chance for a storm.
Sheriff Anthony Miranda said more than $1 million worth of counterfeit products was seized from the Sheepshead Bay location. He said the bust will have a ripple effect across the five boroughs. CBS New York's Ali Bauman reports.
Crime scene investigators meticulously scoured the scene of a stabbing in Morris Heights that took the life of 29-year-old Ronald Gomez-Mesa. CBS New York's Alecia Reid reports.
As questions continue to swirl over whether he'll stay in the race, Biden finally explained what went wrong during his showdown with Donald Trump. CBS New York's Dick Brennan reports.
An air traffic controller shortage is having a major impact on one of the busiest travel holiday weeks. CBS New York's Naveen Dhaliwal reports.