Here's what we are reading this morning:
Hertz Lenders Postpone Financial Reckoning - WSJ
Table for None: Sysco Paints Dire Picture for Restaurants - WSJ
Consumer debt hits new record of $14.3 trillion
Shipping Something Overseas? You Can Do It Fast or Cheap, but Not Both - WSJ
Retailers Canceling Apparel Orders Amid Coronavirus Torments Clothes Makers - WSJ
North Carolina Mall Appears to Be First to Close Permanently in Pandemic Wake - WSJ.com
JC Penney tries to stop Sephora from pulling out of JCP stores
AMC Networks estimates a 30% drop in ad revenue in Q2
Attorney General Becerra and City Attorneys of Los Angeles, San Diego, and San Francisco Sue Uber and Lyft Alleging Worker Misclassification | State of California - Department of Justice - Office of the Attorney General
U.S. Services Businesses See Biggest Drop in Activity Since Last Recession - WSJ
Airbnb to cut 25% of workforce, expects revenue this year to be less than half 2019 level - WSJ
Occidental Seeks to Lessen Roughly $40 Billion Debt Load, Retains Moelis - WSJ
Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus
Pretty interesting to look at the crosstabs of recent polling on state reopenings and comfort level for activities like eating at restaurants or clothes shopping. Washington Post/Univ. of Maryland (4/28-5/3): https://t.co/GsMQHa01Gi Monmouth (4/30-5/4): https://t.co/NdWLbimy6d