President Trump said trade negotiations with Canada were on track ahead of a Friday deadline. (WSJ)
The U.S. economy grew 4.2% in the second quarter, more than previously estimated. (WSJ)
U.S. corporate second-quarter profits jumped 16.1% from a year earlier, the largest gain in six years. (WSJ)
Pending U.S. home sales slumped in July for the seventh straight month. (WSJ)
U.S. workers’ job satisfaction hit the highest level since 2005. (WSJ)
The U.S. International Trade Commission blocked proposed U.S. tariffs on Canadian newsprint. (WSJ)
Campbell Soup Co. plans to sell its international operations and refrigerated-foods business. (WSJ)
Luxury sport-car maker Aston Martin is planning an initial public offering that values it at about $6 billion. (WSJ)
Chinese electric-vehicle maker NIO Inc.’s planned listing in New York could raise as much as $1.52 billion. (WSJ)
Shale drillers in the Permian Basin are burning off $1 million worth of natural gas per day as oil production overwhelms pipelines and storage facilities for the drilling byproduct. (WSJ)
Pacific Drilling SA is seeking court approval for $85 million in new financing to pay expenses as it works through a plan to leave bankruptcy protection. (WSJ)
Blackstone Group LP’s $120 million investment in a Ugandan dam shows how such deals can strain developing economies. (WSJ)
The maker of Jack Daniel’s whiskey lowered its profit outlook, citing European tariffs. (WSJ)
Dick’s Sporting Goods Inc. blamed declining second-quarter sales in part on its new gun-sales policy and weaker sales of Under Armour Inc. apparel. (WSJ)
Vessels suspected of illegally transporting North Korean coal entered Japanese ports at least 25 times since an international ban on such exports took effect. (Nikkei Asian Review)
Germany approved a plan to deepen the channel to the Port of Hamburg. (Port Technology)
Hyundai Motor Co. plans to ship China-made cars to Southeast Asia after falling Chinese sales left much of its local manufacturing capacity idled. (Reuters)
Vehicle shipments through Ecuador’s Port of Manta more than doubled in the first seven months of the year. (Automotive Logistics)
Kuwait is building a $3 billion railway project to connect it with the rest of Gulf region. (Arabian Business)
Orders for “scrubbers” are surging as container-ship owners scramble to meet impending sulfur-emissions restrictions. (Lloyd’s List)
Union Pacific Corp. and CSX Corp. scrapped transfers on 197 routes moving through Chicago. (The Loadstar)
Deutsche Post AG’s DHL Express is nearly doubling the size of its Tucson, Ariz., service center to handle increased international e-commerce volumes. (DC Velocity)
Kuehne + Nagel International AG and The Container Store are opening warehouses outside of Baltimore. (Baltimore Business Journal)
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