Here's what we are reading this morning:
Carrot Rewards shuts down app, files for bankruptcy | BetaKit
Boxing body near bankrupt, facing 2020 Olympic exclusion | CBC Sports
Sears Hometown bleeds money and sales ahead of acquisition | Retail Dive
PROMESA heads to the U.S. Supreme Court? - Credit Slips
For Ponzi Victims, the Aftermath Is Long - WSJ
PG&E Is Said to Float $31 Billion Bankruptcy Restructuring Plan - Bloomberg
Exclusive: a leveraged-lending bust could hit economy quicker than subprime blowup, warns ex-FDIC boss Sheila Bair - MarketWatch
SCOTUS to Review Constitutionality of Puerto Rico’s Oversight Board | Pillsbury Winthrop Shaw Pittman LLP
Eldorado Resorts, Inc. (NASDAQ: ERI) and Caesars Entertainment Corporation (NASDAQ: CZR) announced that they have entered into a definitive merger agreement to create the largest U.S. gaming company
Joint Statement on Opportunistic Strategies in the Credit Derivatives Market - SEC, CFTC & FCA