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Short sellers have revived their bets against bricks-and-mortar retailers in recent weeks, taking their most aggressive positions in months. (WSJ)
Hedge fund Alden Global Capital, which became the largest shareholder in Tribune Publishing Nov. 19, has increased its stake in the Chicago-based newspaper chain to 32%. (Chicago Tribune)
Four of the world's biggest rig companies lost a combined $1.6 billion in the third quarter. (Shipping Watch)
FirstEnergy Solutions, the Ohio coal and nuclear power generating company, announced Monday it will change its name to Energy Harbor once its bankruptcy restructuring is finalized. (Cleveland.com)
A new report encourages a reuse of the shuttered Philadelphia Energy Solutions oil refinery that is “cleaner, safer, and better for Philadelphians,” but acknowledges that the 1,300-acre complex, currently up for sale in bankruptcy court, will likely continue as a petroleum processing facility for the near future. (Philadelphia Inquirer)
Toy wholesaler Imperial Toy LLC filed for bankruptcy in San Jose blaming Trump administration tariffs. (Toybook)
Toys R Us has reopened just two stores after a painful bankruptcy. (NPR)
Murray Energy's bankruptcy filing has renewed fears about Ohio’s mine reclamation fund. (Energy Central)
Barneys New York Inc. deepened its discounts over Black Friday weekend in a rare clearance of luxury brands, undercutting rival retailers that are generally loathe to offer price cuts on expensive merchandise. (Bloomberg)
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