Here's what we are reading this morning:
Unfriendly skies: Airline workers brace for mass layoffs
Art Van Workers Demand T.H. Lee Pay Back Lost Benefit Accounts
U.S. Retail Bankruptcies, Store Closures Hit Record in First Half - WSJ
Fear of E&P ‘zombies’ flares up as oil producers attempt to write next chapter | Debtwire
Arch to drive forward with strategic pivot towards steel and metallurgical markets | Arch Resources, Inc.
U.S. Bankruptcy Tracker: Small Business Busts Lift Filings Pace - Bloomberg
Disney is laying off 28,000 employees as pandemic hammers its theme parks - CNN
Treasury Concludes Loans to Seven Major Airlines, Supports Additional Relief for Aviation Industry Workers | U.S. Department of the Treasury
Oasis Petroleum Takes Action to Strengthen Balance Sheet with the Support of its Lenders and an Ad Hoc Committee of Noteholders