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The University of the Arts filed for bankruptcy on Friday. This means UArts will liquidate assets by selling its Center City real estate. Proceeds from the sales would be used to pay off a $46 million bond debt. According to the court filing, the school's total debt is $67 million.
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its restructuring.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
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.
For laid-off Yellow drivers like Mark Roper, along with 30,000 others, finding jobs like they once had are difficult to find in the trucking business.
The Supreme Court has blocked for now a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family.
Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will layoff all 30,000 of its workers.
One of the country's biggest trucking companies which has a significant hub in Bucks County is now out of business.
Bed Bath & Beyond will live on, even after bankruptcy.
Wednesday is the last day to use your coupons or gift cards.
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.
The retailer said it would keep its 300 stores and its website operating, and would continue to fulfill customer orders as it searches for a new buyer for the company.
Conshohocken-based David's Bridal files for bankruptcy just days after the company lays off more than 9,000 employees nationwide.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
It's the first major retailer to file for bankruptcy since COVID-19 forced stores to close out of safety.
A top toy executive is pledging hundreds of millions of dollars in an effort to help save Toys "R" Us through a new GoFundMe effort.
Payless ShoeSource filed for Chapter 11 bankruptcy on Tuesday.
The company said it would be closing 113 stores in the United States, in addition to its 41 stories in Canada, as it seeks to "achieve long-term financial stability."
New Jersey State Police say the "Big Rusty" wildfire that burned in Hainesport, New Jersey is under investigation as suspicious.
A Florida family who stays at the Ronald McDonald House while their baby boy gets treatment for OEIS complex calls the community they've met family.
Ronald McDonald Houses are known for giving families a place to stay while children receive medical treatment, but special rooms inside hospitals also provide families with a peaceful space to relax.
Meet Marlene Graub and Sharon McCabe, two volunteers who make up the core of the Philadelphia Ronald McDonald House.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
Here's how to donate to the 15th annual Ronald McDonald House Charities Telethon, supporting RMHC houses in Philadelphia, Delaware and South Jersey.
The Poconos could get up to 8 inches of snow Thursday into Friday, and Philadelphia could see some flurries and rainy mix, along with bitter cold temps.
New Jersey State Police say the "Big Rusty" wildfire that burned in Hainesport, New Jersey is under investigation as suspicious.
A Florida family who stays at the Ronald McDonald House while their baby boy gets treatment for OEIS complex calls the community they've met family.
Ronald McDonald Houses are known for giving families a place to stay while children receive medical treatment, but special rooms inside hospitals also provide families with a peaceful space to relax.
Meet Marlene Graub and Sharon McCabe, two volunteers who make up the core of the Philadelphia Ronald McDonald House.
Eagles running back Saquon Barkley's spin move and backward hurdle over Jacksonville Jaguars defenders has been memorialized in a video game.
Philadelphia Police are looking for a gunman accused of shooting and killing a man inside a North Philadelphia pizza shop over a possible case of road rage.
Geno Auriemma became the winningest coach in NCAA college basketball history, earning his 1,217th victory as No. 2 UConn beat Fairleigh Dickinson 85-41 on Wednesday night.
The panel expressed concern about traffic causing issues for people getting to Jefferson Hospital, which would be near the Sixers' new arena.
New Jersey State Police say the "Big Rusty" wildfire that burned in Hainesport, New Jersey is under investigation as suspicious.
A Florida family who stays at the Ronald McDonald House while their baby boy gets treatment for OEIS complex calls the community they've met family.
Ronald McDonald Houses are known for giving families a place to stay while children receive medical treatment, but special rooms inside hospitals also provide families with a peaceful space to relax.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
The rainfall expected to hit South Jersey is a welcome relief as wildfires rage and water storage levels drop.
Sahori Arteaga and her family spent 10 months at the Ronald McDonald House of Delaware after flying 3,000 miles from Honduras to Wilmington for a kidney transplant.
It was a full circle moment when a Chester County mother brought her son to visit the Ronald McDonald House Charities of Greater Delaware for the first time.
For the Schiro family from Nevada, the Ronald McDonald House Charities of Greater Delaware — "Donald's House" — is a second home.
While we don't have anything solid in the forecast, as of late November, meteorologists can look at trends and historical dates.
We have a good chance to see some rain in the Philadelphia region Wednesday and Thursday.
As runners count down to Sunday's big race at the Philadelphia Marathon, the cause is driving some people to run 26.2 miles.
A high school in Montgomery County, Pennsylvania, has a reported whooping cough case.
The new report shows the lung cancer survival rate has improved 26% in the last five years.
Skin care products are popular on TikTok, but some of them can damage skin, experts say.
Meet Hassan Paige, a man from Bucks County, who is one of the finalists of the "2024 Ultimate Men's Health Guy."
The Philadelphia City Council is scheduled to hear public comment Tuesday afternoon on the proposed Sixers arena near the city's Chinatown neighborhood.
The Eagles running back is looking to get into sports consulting and talent management, the application shows.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
Xfinity Live!, the popular bar and entertainment venue at the South Philadelphia Sports Complex, is getting a multi-million dollar makeover.
The Hershey Company recently announced the acquisition of the sour candy brand, Sour Strips.
On Wednesday, SEPTA agree to tentative deals with two unions to avert a strike in Philadelphia and its suburbs.
A crash shut down Route 309 northbound near Fort Washington and Upper Dublin Township for several hours on Wednesday morning.
Three unions representing SEPTA and city workers could go all on strike at the same time.
Some members of Philadelphia City Council want federal funds from the Bipartisan Infrastructure Law to save SEPTA, which is facing a fiscal cliff.
A driver had to be extricated after his truck and a school bus crashed in Lower Moreland. At least one student had minor injuries.
Eagles running back Saquon Barkley's spin move and backward hurdle over Jacksonville Jaguars defenders has been memorialized in a video game.
The proceeds from the event benefit the Travis Manion Foundation, a national veteran's organization supporting military members and their families.
Ryan Poehling scored the lone goal for the Flyers. Ivan Fedotov finished with 33 saves for Philadelphia.
Paul George exited Wednesday night's Philadelphia 76ers-Memphis Grizzlies game in the third quarter with a left knee hyperextension.
Geno Auriemma became the winningest coach in NCAA college basketball history, earning his 1,217th victory as No. 2 UConn beat Fairleigh Dickinson 85-41 on Wednesday night.
Jay Leno was badly injured in Greensburg when the 74-year-old comedian fell down a hill.
It's showtime, Philadelphia! TKTS Ticket Booth Service is coming to the City of Brotherly Love -- your ticket to last-minute entertainment.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
The city is preparing to launch a pilot program adding a second trash day for areas south of Callowhill Street between the Schuylkill and Delaware rivers. Residents can join a virtual meeting at 6 p.m. or an in-person meeting at 6:30 p.m. to learn more. Jim Donovan has your morning headlines with weather from Meteorologist Kate Bilo.
It'll feel like winter with bitter wind chills and snow showers, likely even near Philadelphia Thursday night into Friday. We're expecting between 4 to 8 inches in the upper elevations of the Poconos, but a few flurries in the city aren't expected to stick.
The Birds take on the LA Rams Sunday night and some fans are heading out west now. Wakisha Bailey chats with a few fans at Philadelphia International Airport.
The Great Hall at our CBS Philadelphia studio is a happening place as the 15th annual Ronald McDonald House Charities Telethon is underway! Jim Donovan introduces you to the directors of the three Ronald McDonald Houses of Philadelphia, South Jersey and Delaware so you can hear more about where your donation goes and how critical it is to the operation of these homes away from home for kids undergoing treatments for rare diseases.
Philadelphia Police are looking for a gunman accused of shooting and killing a 26-year-old man inside a North Philadelphia pizza shop over a possible case of road rage.