Joann files for bankruptcy amid consumer pullback and higher costs
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
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.
A small enclave of Detroit is considering municipal bankruptcy to help rid itself of a decades-old water debt that has grown to about $20 million and threatens to swamp the already financially struggling city.
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.
Akorn, which manufactured the asthma medication, shuttered three of its factories shortly after filing for bankruptcy.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
The fallout of COVID-19 has claimed yet more bankruptcies.
Lord & Taylor is one of the country's oldest department stores, has announced its bankruptcy and going out of business.
A tentative deal is set to save JCPenney from bankruptcy.
The last couple of years hasn't been good for some retailers. J.C. Penney has had a rough time trying to tread water in what has been a stormy retail environment for some time.
BarFly Ventures, the company that owns the Hopcat restaurant chain has filed for bankruptcy. The chain that is known for its extensive list of craft brews and their famous "Cosmik Fries".
Two weeks after explosions and fire at a vape warehouse facility, Clinton Township residents asked questions to the Township Board of Trustees.
David Rosenberg, 72, of DeWitt, is sentenced to four to 20 years in prison for embezzling about $780,000 from retired priests, the Michigan Attorney General's office announced Monday.
A Michigan attorney who unsuccessfully sued to overturn former President Donald Trump's 2020 loss has been arrested after a hearing on a separate case in Washington, D.
A significant development in Howell is set for a soft opening early this summer. In a few months, it will become a multimillion-dollar haven for motorsports enthusiasts.
The prom drive will run from March 18 through April 12, and dresses and accessories can be dropped off at 10 Comerica banking centers in Metro Detroit.
Two weeks after explosions and fire at a vape warehouse facility, Clinton Township residents asked questions to the Township Board of Trustees.
David Rosenberg, 72, of DeWitt, is sentenced to four to 20 years in prison for embezzling about $780,000 from retired priests, the Michigan Attorney General's office announced Monday.
A Michigan attorney who unsuccessfully sued to overturn former President Donald Trump's 2020 loss has been arrested after a hearing on a separate case in Washington, D.
A significant development in Howell is set for a soft opening early this summer. In a few months, it will become a multimillion-dollar haven for motorsports enthusiasts.
The prom drive will run from March 18 through April 12, and dresses and accessories can be dropped off at 10 Comerica banking centers in Metro Detroit.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
America's muscle car culture will live on as the country transitions to electric vehicles, but the gas-powered performance car will last for at least a few more years.
On Monday afternoon, crews began to tear another portion of the massive Packard Plant on the city's east side that's been an eyesore for decades.
The Detroit fire department is raising alarms over safety concerns at General Motors' Factory Zero, where the automaker produces its electric vehicles.
Owners of Ford electric vehicles can now use much of Tesla's charging network in the U.S. and Canada, but there's a hitch.
This year's 313 Day was extra special for Detroit native Diarra Kilpatrick.
A second man is charged in connection with the 2005 theft of ruby slippers worn by Dorothy in "The Wizard of Oz".
Celine Dion said in her post that March 15 was International Stiff-Person Syndrome Awareness Day.
Alec Baldwin's attorneys in a new court filing accused prosecutors of "unfairly stacking the deck" against him in grand jury proceedings.
Neil Young voluntarily removed his music from Spotify in 2022 after Joe Rogan, whose podcast was exclusively on Spotify, had a controversial infectious disease expert on as a guest during the COVID-19 pandemic.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Volkswagen's factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers' effort to organize nonunion automobile plants across the nation.
The solar eclipse will impact solar production in Texas between 12:10 p.m. and 3:10 p.m. CDT. But the power grids are expected to be reliable.
Boston is looking to prolong its eight-game home win streak with a victory over Detroit.
United CEO Scott Kirby said the airline is reviewing a series of "unrelated" cases and adding extra training for pilots.
One way Macomb County Community Mental Health is trying to reduce the stigma is through combined care.
Infections of the highly contagious measles virus have been reported in 17 states in the first three months of 2024.
Cheetos varieties, including the spicy Flamin' Hot version, and other chips like Doritos include red 40, yellow 5 and yellow 6 – all on the list of ingredients that would be banned if the bill is enacted. Here are other foods that include dyes.
Retailer has received dozens of complaints of the air fryers overheating, melting or shattering, including six that caught fire.
The Michigan Department of Health and Human Services (MDHHS) confirmed its first influenza-related pediatric death in the state for the 2023-2024 flu season.
Boston is looking to prolong its eight-game home win streak with a victory over Detroit.
Bam Adebayo made a 3-pointer at the buzzer to lift the Miami Heat to a 104-101 win over the Detroit Pistons.
Here is a breakdown of each March Madness men's basketball team by conference.
Michigan defensive line coach Greg Scruggs is suspended indefinitely after his arrest for suspected drunk driving.
The Professional Women's Hockey League has no designs on expanding its six-team base for the foreseeable future.
Riney, who has spent his 46-year career at Henry Ford Health, was named one of Modern Healthcare's 100 Most Influential People.
Jerry Norcia has led DTE Energy for the past five years as the Detroit-based company has dealt with massive technology changes.
Trump was in Oakland County two weeks ago and said that whichever candidate wins Michigan will ultimately win the White House this November.
Republican presidential candidate Nikki Haley, who is on Tuesday's ballot, will be in Oakland County this Sunday and Monday in Grand Rapids campaigning for votes.
Bing talked about working with Biden as mayor when he was the vice president under Barack Obama and the city and its automakers in financial distress.
Two weeks after explosions and fire at a vape warehouse facility, Clinton Township residents asked questions to the Township Board of Trustees.
A significant development in Howell is set for a soft opening early this summer. In a few months, it will become a multimillion-dollar haven for motorsports enthusiasts.
There have been reports of Kate Middleton, Princess of Wales, at an outing days after a released photo of her sparked more speculation about her health. Nicholas Cull, an expert in British politics and Anglo-American relations, joined CBS News Detroit to weigh in on the issue.
Comerica Bank announced it is hosting its sixth annual Prom Dress Drive to support the nonprofit organization Jackets for Jobs.
Detroit City FC midfielder James Murphy looks back at Saturday's season-opening win.