Here's what we are reading this morning:
US layoffs remain elevated as 837,000 seek jobless aid
Wireless Venture Ligado Seeks to Raise $4 Billion to Avoid Bankruptcy - WSJ
Apartments for Rent NYC, San Francisco: Prices Drop in Shift to Cheaper Cities - Bloomberg
West Coast Wildfires Devastate Heart of California’s Wine Industry - WSJ
Real Disposable Personal Income Fell in August | FRED | St. Louis Fed
Hollywood fears movie theaters 'may not survive' pandemic - Los Angeles Times
Seattle Passes Minimum Pay Rate for Uber and Lyft Drivers - The New York Times
Oil bankruptcies could shift clean-up bill to US taxpayers | Financial Times
Filmmakers ask Congress to rescue the theater industry from going bankrupt | Fox Business
New Layoffs Add to Worries Over U.S. Economic Slowdown - The New York Times
Long Before Nikola Trucks, Trevor Milton Sold Investors on Startups That Faded - WSJ
Diocese of Camden Becomes Second Catholic Diocese to File for Bankruptcy in 24 Hour Period