The number of job openings across the U.S. decreased in July from a year earlier for the second straight month. (WSJ)
American incomes remained essentially flat in 2018 after three straight years of growth. (WSJ)
China will exempt certain U.S. products from additional tariffs, including some chemicals and livestock feed. (WSJ)
Boeing Co. is on track for its lowest number of annual jetliner deliveries in eight years. (WSJ)
Uber Technologies Inc. is cutting 435 technical employees, the latest downsizing there as the company faces market pressures to turn a profit. (WSJ)
California lawmakers are set to pass legislation calling for companies to classify “gig economy” workers as employees. (WSJ)
Apple Inc. revealed a trio of upgraded iPhones, including a lower-priced model meant to shore up falling sales. (WSJ)
Surging exports reduced Malaysia’s palm oil inventory to the lowest level in more than a year. (Nikkei Asian Review)
Amazon acquired 250 branded intermodal containers for use in freight rail service. (Journal of Commerce)
A Deutsche Post AG unit will work with Chinese auto maker Chery Holding Group to mass produce electric delivery vehicles. (Lloyd’s Loading List)
Target Corp. will hire 8,000 seasonal workers at distribution centers this year as part of its holiday hiring. (Minneapolis Star-Tribune)
Moody’s says U.S. railroads’ coal revenue may fall roughly $5 billion as utilities’ demand for coal falls by about half over the next decade. (Platts)
The U.K. will spend $2.84 billion to advance the “development of trailblazing maritime technology” for environmental efforts. (Port Technology)
A report forecasts the ship technology market could soar to $278 billion over the next 10 years. (Lloyd’s List)
China’s Cosco Shipping Holdings Ltd. appointed former China Merchants executive Fu Gangfeng as president. (Splash 247)
|