Here's what we are reading this morning:
Jessica Simpson, Heelys Brand Owner Casts ‘Going Concern’ Doubts - Bloomberg
Sur La Table creditors signal doubts about the Seattle kitchenware retailer’s financial outlook | The Seattle Times
Sur La Table creditors signal doubts about the Seattle kitchenware retailer’s financial outlook | The Seattle Times
Fieldwood Energy Prepares for Second Bankruptcy in Two Years - WSJ
Extraction Oil & Gas "elected not to make the approximately $14.8 million interest payment due and payable on May 15, 2020"
China’s Cautious Economic Reboot Is a Warning for the World - Bloomberg
Opinion: Bankruptcy is the best solution for struggling companies | Fortune
The owner of Souplantation and Sweet Tomatoes files for Chapter 7 bankruptcy
Coronavirus Lockdowns Trigger Record Drop in Retail Sales, Factory Output - WSJ
Guitar Center Gets Debt Deal to Stave Off Default Amid Closures - Bloomberg
Maersk Expects Container Shipping Volumes to Fall Up to 25% - WSJ
Outside lawyer enlisted to represent former state marijuana regulator; attorney general acknowledges federal investigation
Fed Warns of ‘Significant’ Hit to Asset Prices If Pandemic Grows
GNC Holdings, Inc. Reaches Agreement with Lenders for Extension on Debt Maturity Dates
JCPenney to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement
SoftBank Doubles Buyback Plans While Jack Ma Leaves Board - Bloomberg
One-Quarter of American Restaurants Won’t Reopen, OpenTable Says
Comcar to Sell Operating Companies; Seek Chapter 11 - Comcar Industries, Inc.
The Cost of the Covid-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending | NBER Working Paper No. 27141