Here's what we are reading this morning:
U.S. Consumer Debt Surges on Jump in Credit-Card Balances - Bloomberg
GameStop sales down 14% as it outlines turnaround plan
H.H. Gregg returns to brick and mortar with NJ store | Retail Dive
Government reportedly readies ban on flavored e-cigarettes amid outbreak of vaping-related deaths
Anchor Glass downgraded by S&P
Sam Jaffe: The global recession has reached China's EV market. CAAM sales data update today shows two months in a row now of declining EV sales in China
Exclusive: Purdue Pharma nears partial opioid settlement, bankruptcy filing - sources - Reuters
California truckers brace for new 'gig worker' rules - Reuters
Forever 21 Plans to File for Bankruptcy as Early as Sunday - WSJ
California’s AB5 bill makes Uber and Lyft drivers employees — what’s next? - The Verge
Stearns Reaches Agreement With Largest Noteholders on Modified Plan of Reorganization | Business Wire
StarKist Fined $100M For Tuna Price-Fixing Conspiracy - Law360
Uber Says It Will Not Change Driver Status Under California Gig-Worker Law - The New York Times