The market's nerves were on full display Wednesday, as stocks whipsawed with every change in the narrative on the Trump ...

Why it matters: The department store chain is hoping to avoid the fate of some of its rivals, such as Sears and JCPenney, both of which ended up in bankruptcy, Axios' Nathan Bomey reported last year.

Nathan Bomey is a business reporter for Axios and author of the Axios Closer newsletter on the day's biggest business stories and trends. He was previously a reporter for USA Today and the Detroit ...

But Rhodes added that he would not approve pension cuts unless the bankruptcy plan is fair and equitable, according to Detroit Free Press reporter Nathan Bomey. Rhodes says the city entered into ...