Another Yield Curve Inversion Rings Recession Alarm Bells - The New York Times: A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump.
Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown: Hard drive maker Seagate Technology said Wednesday it plans to cut 8% of its global workforce, or about 3,000 employee.
Bankruptcy deal to protect bonds issued to fund wood pellet producer | Bond Buyer: South Carolina-based Jasper Pellets borrowed $12.5 million in private activity bonds in 2018. A deal to settle the firm's Chapter 11 bankruptcy pays the debt.
Priming Transactions Update: Boardriders | O’Melveny & Myers: A new decision out of the New York state court has added to the recent trend of courts refusing to dismiss legal challenges to priming transactions.