Here's what we are reading this morning:
Williamsburg Hotel’s Developers Lose Control to Chapter 11 Trustee: The developers acted dishonestly, to the detriment of the hotel and its creditors, according to a bankruptcy judge.
Stores have too much stuff. That means discounts are coming | CNN Business: Some welcome news for shoppers getting squeezed by inflation: promotions on televisions, furniture, clothing, sporting goods and other big-ticket purchases are ramping up.