Here's what we are reading this morning:
WeWork’s Adam Neumann Steps Down as CEO - WSJ
WeWork, Bankers Have Discussed Laying Off One-Third of Workforce — The Information
Nio's stock tumbles after loss widens, sales fall and job cuts planned - MarketWatch
Hedge Funds in Line for $250 Million on Thomas Cook CDS Payout - Bloomberg
Juul Prepares Staff Shake-Up Amid U.S. Crackdown - WSJ
Allison McNeely (Bloomberg): "McDermott, the engineering firm that provides services to oil and gas companies, is said to be seeking a bridge loan to tide it over until it can sell assets."
Swedish Coffee Shop Fika Closes All NYC Cafes - Eater NY
Bankruptcy Judge Caryl E. Delano appointed Chief Bankruptcy Judge for the Middle District of Florida
Kik shuts down once popular messaging app - CNN