The Boy Scouts of America filed for bankruptcy this week in the face of hundreds of lawsuits from men alleging that they were sexually abused during their time in the organization. Pro Rata producer Naomi Shavin and Axios reporter Courtenay Brown discuss how the bankruptcy filing could shape the creation of a victims' compensation fund and what it means for the flood of lawsuits.
Go deeper: Why the Boy Scouts of America filed for bankruptcy
Illustration: Aïda Amer/Axios
The Big Ten announced Thursday that it will move all fall sports to a conference-only schedule.
Why it matters: This will have a snowball effect on the rest of the country, and could force all Power 5 conferences to follow suit, resulting in a regionalized fall sports season.
Illustration: Aïda Amer/Axios
This week, United Airlines warned 36,000 U.S. employees their jobs were at risk, Walgreens cut more than 4,000 jobs, Wells Fargo announced it was preparing thousands of terminations this year, and Levi's axed 700 jobs due to falling sales.
Why it matters: We have entered round two of the jobs apocalypse. Those announcements followed similar ones from the Hilton, Hyatt, Marriott and Choice hotels, which all have announced thousands of job cuts, and the bankruptcies of more major U.S. companies like 24 Hour Fitness, Brooks Brothers and Chuck E. Cheese in recent days.
Illustration: Eniola Odetunde/Axios
As tech's giants prepare to face off with antitrust enforcers this summer, they will draw support from an array of predominantly right-leaning defenders ranging from influential former government officials to well-connected think tanks.
The big picture: The Justice Department, the Federal Trade Commission and the states have multiple investigations of monopolistic behavior underway targeting Facebook and Google, with other giants like Amazon and Apple also facing rising scrutiny. Many observers expect a lawsuit against Google to land this summer.