An advisory panel to U.S. commodities regulators says climate change poses a major risk to the stability of the country’s financial system. (WSJ)
Former Volkswagen chief executive Martin Winterkorn was ordered to stand trial in the car maker’s diesel emissions-cheating scandal. (WSJ)
Traders are betting on fresh upheaval in the oil market, in an abrupt turnaround from the calm of recent months. (WSJ)
Luxury-goods giant LVMH is backing out of its $16.2 billion takeover of Tiffany. (WSJ)
Mall owners Simon Property Group and Brookfield Property Partners are poised to acquire retailer J.C. Penney out of bankruptcy. (WSJ)
Lululemon’s net revenue in the quarter ended Aug. 2 rose 2% from a year earlier. (WSJ)
Chinese wheat farmers are hoarding more of their harvests on expectations of rising prices. (Nikkei Asian Review)
Amazon is creating a research and development team in the U.K. to focus on autonomous delivery. (Parcel and Post Technology)
Under Armour plans to cut about 600 corporate jobs as the sportswear supplier expands its restructuring. (Retail Dive)
Retailer American Eagle Outfitters is closing up to 50 stores this year and faces expiring leases on 250 sites next year. (Sourcing Journal)
Rising trans-Pacific container shipping rates are now three times the level of rates from Asia to Northern Europe. (The Loadstar)
Shipping magnate John Fredriksen has hired two former fund managers at his private investment vehicle to advance investments in shipping and energy. (Lloyd’s List)
Danish Shipping says vessels are shutting their radios in strategic locations to avoid calls to help migrants in the Mediterranean. (ShippingWatch)
A preliminary investigative report says the bulk carrier that grounded off Mauritius in July sailed too close to the coast to get a stronger internet signal. (Splash 247)
Air Transport Services Group will operate six more 767 freighters for Amazon Air. (Air Cargo News)
Developers are planning a 1.2 million-square-foot distribution center in Bessemer, Ala., for an undisclosed client under a plan called “Project Repeat.” (Business Journals)
Amazon opened its first fulfillment center in upstate New York. (Albany Times-Union)
Truck technology supplier Omnitracs is acquiring video-tech specialist SmartDrive. (FleetOwner)
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