Here's what we are reading this morning:
‘I Would Be Shocked’: $14 Billion Illinois Bond Fight a Longshot - Bloomberg
‘It’s a different economic model’: Traditional retailers face hurdles in push into resale | Modern Retail
Arcadia Reaches Agreement With U.S. Landlords Over Restructuring Plans – WWD
Farfetch Denies Reports of Plans to Acquire Barneys | Business of Fashion
Ascena disputes problems with lenders | Retail Dive
China’s Companies Have Unseen Foreign Debt That’s Maturing Fast - Bloomberg
Iceland’s Purple Planes Are Grounded, and With Them, Its Economy - The New York Times
Cadillac’s Last Stand? Storied Brand Aims (Again) for Revival - The New York Times
For First Half of 2019, Ponzi Scheme Discoveries Remained Steady But Are Red Flags Waving? — Ponzitracker
Pets Can’t Save Struggling Food Makers - WSJ
Report: Purdue Pharma offers $10-12 billion to settle opioid claims
The US is about to send a lot more oil into an oversupplied market
Epic Companies, LLC Bankruptcy Case Summary (United States Bankruptcy Court for the Southern District of Texas Case Number 19-34752)