Mark Gongloff is an editor with Bloomberg Gadfly. He previously was a managing editor of Fortune.com, ran the Huffington Post's business and technology coverage, and was a columnist, reporter and editor for the Wall Street Journal.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Macy's running out of options to Noble Group pulling for lower commodity prices, here are four charts that tell you what you need to know in business today.

Stuck in a Rut
Macy's has been doing just about all it can to stop the bleeding, but nothing seems to work.
Source: Bloomberg, Company Filings
Recipe for Failure
Blue Apron's first earnings report as a public company shows it has a cash-burning problem.
Source: Bloomberg, company reports
TV Everywhere
Americans are flooded with web subscription services; maybe it's getting to be too much.
Source: Roku channel store and the companies
Junkyard Dog
For Noble Group, higher commodity prices could be an existential threat; it's already losing the faith of its lenders.
Source: Bloomberg

And don't miss Brooke Sutherland on the pointlessness of trying to stop tax inversions now: "One target of President Donald Trump's tax reform plan (scant on details as it is) is the corporate inversion, a tactic companies use to lower their obligations to the U.S. government by shifting their headquarters overseas. That's sort of like coming up with a plan to make dinosaurs extinct."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

To contact the author of this story:
Mark Gongloff in New York at mgongloff1@bloomberg.net

To contact the editor responsible for this story:
Daniel Niemi at dniemi1@bloomberg.net