Here's what we are reading this morning:
A Hedge Fund, a Bond Default and a College’s Fight to Survive - Bloomberg
Germany and China Hit Hard by Trade War, New Data Indicates - The New York Times
Harland Clarke Bonds Take Roller-Coaster Ride - WSJ
Lolli & Pops Parachutes Into Bankruptcy - The Bottom Line 11
Faraday Grid, Startup Backed by WeWork CEO Adam Neumann, Runs Out of Money - WSJ
J.C. Penney shrinks Q2 loss despite 9% sales drop
Macy’s Turnaround Hits Harsh Retail Reality - WSJ