U.S. durable goods orders excluding transport and defense fell in May for the third time in four months. (WSJ)
Boeing Co. and federal regulators have identified a new software problem on the 737 MAX jet. (WSJ)
Philadelphia Energy Solutions is shutting and selling the large refinery that exploded last week. (WSJ)
The European Commission began an antitrust investigation of semiconductor manufacturer Broadcom Inc. (WSJ)
Hundreds of Wayfair Inc. employees walked out of the online retailer’s headquarters to protest its plan to sell furniture to a southern border facility for migrant children. (WSJ)
General Mills Inc.’s sales fell 1% in the most recent quarter. (WSJ)
Walmart plans to relist Japanese unit Seiyu on the stock market, giving up hopes of selling the struggling retailer. (Nikkei Asian Review)
Authorities seized 333 pounds of cocaine at the Port of Baltimore hidden in a shipping container transported from China. (WBAL)
A Chinese company is linked to liquefied petroleum gas carriers shipping material to Iran in defiance of sanctions. (Lloyd’s List)
The Ocean Alliance container shipping group canceled more trans-Pacific sailings for July. (Journal of Commerce)
South Korea’s Hyundai Merchant Marine Co. told charter companies the company “cannot survive” unless its vessel agreements are restructured. (Shipping Watch)
Amazon.com will start flying a 767 freighter to Anchorage, Alaska. (Post & Parcel)
Private-equity group Thomas H. Lee Partners bought warehouse automation provider AutoStore. (Modern Materials Handling)
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