Hurricane Florence is nearing landfall in North Carolina as a "very dangerous" Category 1 storm. (WSJ)
U.S. consumer prices rose for a fifth straight month in August. (WSJ)
The number of Americans applying for new unemployment benefits reached a half-century low for the second straight week. (WSJ)
Economists say tariffs haven’t meaningfully affected the U.S. economy but trade tensions present risk to the economic outlook. (WSJ)
The European Central Bank lowered its growth forecasts. (WSJ)
Turkey’s central bank raised interest rates. (WSJ)
The U.S. sanctioned two Russian and Chinese technology firms for allegedly serving as front companies for North Korean weapons programs. (WSJ)
Quarterly sales fell 26% at Sears Holdings Corp., as the retailer continues to close stores. (WSJ)
Sales at Boeing Co.’s defense business are set to rise in 2018 after four years of decline, boosted by the Pentagon’s plans to increase spending. (WSJ)
Airbus SE is shaking up its executive team after falling behind on plane deliveries because of supplier bottlenecks. (WSJ)
Apple Inc.’s latest iPhone offers a dual-SIM-card feature to Chinese customers only, complicating the supply chain. (WSJ)
Hershey Co. is buying Pirate’s Booty from B&G Foods Inc. for $420 million. (WSJ)
Specialty-chemicals MPM Holdings Inc. will be acquired by an investor group for $3.1 billion. (WSJ)
Bankrupt carpet maker Kraus Group is selling its carpet and vinyl tile business to Q.E.P. Co. (WSJ)
L Brands is closing specialty retailer Henri Bendel. (WSJ)
Overstock.com Inc. will open a distribution center in Kansas City with the goal of shipping to 99% of U.S. customers within two days. (MarketWatch)
Volkswagen is ending worldwide production of its iconic Beetle. (Bloomberg)
Aircraft maintenance provider Singapore Technologies Engineering is buying an aircraft-parts unit from General Electric Co. (Nikkei Asian Review)
Container ship operator Seaspan Corp. will have a public offering of $150 million of its series 1 preferred shares. (Lloyd’s List)
South Africa’s Port of Durban will expand its main container terminal for bigger ships. (Container Management)
The Philippines and parts of China are bracing for a super typhoon. (South China Morning Post)
New orders for dry bulk ships rose 60% through the first eight months of this year. (Splash 247)
Cargo volume at major ports around the world was up 7.2% in the first half of the year. (Seatrade Maritime)
An appointment system for trucks at the Port of Virginia has improved the flow of imports and exports. (Journal of Commerce)
Ecco Leather is developing a process for water-free leather tanning. (Just Style)
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