Here's what we are reading this morning:
U.S. Adds 142,000 Jobs in August, Weaker Than Expected: Jobs Report - The New York Times: Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward
TGI Friday’s Loses Control of Assets After Document Delay - Bloomberg: TGI Friday’s Inc. management has lost day-to-day control of much of the restaurant chain’s assets and functions after the company failed to file documents to bondholders on time
BIG LOTS, INC. ENTERS INTO SALE AGREEMENT WITH NEXUS CAPITAL MANAGEMENT LP: Initiates Voluntary Chapter 11 Process to Facilitate Restructuring Initiatives and Ownership Transition
Hoonigan Announces Strategic Transaction to Strengthen Financial Foundation and Support Long-Term Growth | Morningstar: Enters into Restructuring Support Agreement to Eliminate Approximately $1.2 Billion of Debt; Files Voluntary Prepackaged Petitions for Chapter 11 Relief to Implement Transaction