"Chapter 22" is a terrifying read for American companies, but multiple major businesses have ended up there in 2025 — and others could soon follow.
Why it matters: Joann, Rite Aid and Claire's have filed for Chapter 11 bankruptcy a second time — colloquially called Chapter 22 — in 2025, and now Spirit Airlines is at risk of joining them.
The Justice Department is suing California in an effort to block the state's enforcement of emissions standards for trucks.
Why it matters: It's the latest battle between President Trump and Democratic Gov. Gavin Newsom over whether California has the right to set tighter pollution limits than federal law requires.
UnitedHealth Group's public reputation is still reeling, yet its battered stock has been something that more and more investors can't seem to resist.
Why it matters: Recent interest in its stock, from everyday investors to Wall Street's titans, shows that investors have no issues looking past public sentiment when they see a path to share recovery.
A company seeking to open a temporary storage site for commercial nuclear waste acknowledged that New Mexico's political opposition has at least temporarily clouded its prospects.
Why it matters: Holtec International said a Supreme Court ruling in June over waste storage reaffirmed the company's license from the Nuclear Regulatory Commission to pursue the site in southeastern New Mexico.
It's been a week since President Trump issued an executive order to encourage 401(k) investment in private equity, and the biggest surprise so far is how quickly the rest of his administration has activated.
Why it matters: There will be a steep learning curve for all participants, but it can't really begin until the White House does its foundational work.
U.S. shoppers spent at a healthy pace in July, while June's spending was higher than initially thought as well, the Commerce Department said on Friday.
Why it matters: Despite concerns about the economy's health, consumer spending remained resilient, as summer sale events encouraged shopping.
Investors in emerging markets that have leaders who cast doubt on national economic data may have lessons for American traders, as President Trump continues to dispute official statistics.
Why it matters: The U.S. is by no means an emerging market or dictatorship. But looking at how markets around the world perform under authoritarian leadership holds some important lessons for domestic investors.
The West Wing has created a scorecard that rates 553 companies and trade associations on how hard they worked to support and promote President Trump's "One Big Beautiful Bill," a senior White House official tells Axios.
Why it matters: Trump works transactionally, and companies have rushed to pay demonstrative homage. Now, senior aides will have data to consult when considering corporate requests.
