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Bankruptcy & Restructuring News Headlines for Friday Jun 26, 2020

June 26, 2020

Here's what we are reading this morning:

Union to employees: Marriott Wardman Park Hotel may close after storied, 102-year run | WJLA

U.S. Jobs Hit Is Four Times Worse for Low-Paid: Fed Analysts - Bloomberg

More Kmart, Sears stores to close | Retail Dive

Sternlicht Says Virus Plus Unrest Equals NYC Property Plunge - Bloomberg

Apple will re-close 14 stores in Florida because of rising Covid-19 rates

Hertz’s Plan to Liquidate Part of Rental Fleet Rattles Lenders - WSJ

David Shepardson (Reuters): "NEW: Major airline unions says Congress should extend payroll assistance through March or the US will see hundreds of thousands of layoffs"

Department of Labor - Unemployment Insurance Weekly Claims Report (Released June 25, 2020)

Macy's layoffs: Another 20% of corporate jobs to be cut amid coronavirus pandemic, recession | Fortune




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