Here's what we are reading this morning:
WeWork’s Loss Balloons to $1.25 Billion - WSJ
Oil Patch Braces for Credit Crunch as Lender Patience Wears Thin - Bloomberg
SEC’s Settlements With Some Cryptocurrency Firms Showing Cracks - WSJ
Tapstone Energy Reports Third Quarter 2019 Results, Borrowing Base Reduction & Entry into Forbearance Agreement with Lenders
Uber Hit With $650 Million Employment Tax Bill in New Jersey
Ben Eisen: "FHA mortgage portfolio continues to get riskier, per their report to Congress, out this morning. More than a quarter of insured loans had DTIs over 50%" (Chart)
Houlihan's Restaurants, Inc. Executes Asset Purchase Agreement; Sale Facilitated Through Voluntary Chapter 11; Restaurants Open and Serving Guests; Franchise Restaurants Not Included in Proceeding
Smith & Wesson Maker to Split Into Two Companies - The New York Times
Sam Zell Is Buying Distressed Oil Assets Amid Slowdown - Bloomberg
Brooks Brothers Reportedly Hires Investment Bank to Explore Options – WWD
Sears layoffs hit corporate workers amid store closings - Business Insider
Cash-Strapped Small Businesses Turn to GoFundMe - WSJ
JC Penney (JCP) reports mixed Q3 2019 earnings