The World Bank says global economic and trade growth is cooling faster than earlier expected. (WSJ)
President Trump says he is prepared to impose tariffs on Mexico next week despite loud opposition from Senate Republicans. (WSJ)
The price of uranium swung to an 11-month low on worries the commodity could be drawn into the Trump administration’s trade offensive. (WSJ)
The Trump administration barred exports of boats and planes to Cuba and added restrictions on travel to the island nation. (WSJ)
Chipotle Mexican Grill Inc. says tariffs on Mexican goods could increase its costs by about $15 million in 2019. (CNBC)
The Chinese government is moving to restrict rare-earth metal exports in its deepening trade showdown with the U.S. (Nikkei Asian Review)
Fast-fashion chain Forever 21 Inc. is in talks over a financial restructuring that could include a bankruptcy filing. (Bloomberg)
Nestle SA will move to recycled bottles for much of its Poland Spring line by 2022. (CNN)
Truck maker Navistar International Corp. raised its sales outlook after reporting first-quarter revenue rose 23.8% to $2.95 billion. (Barron’s)
Air Canada and Drone Delivery Canada Corp. will jointly sell drone delivery services. (CBC)
Mediterranean Shipping Co. will invest more than $1.1 billion to expand container handling facilities at Spain’s Port of Valencia. (The Loadstar)
Insurer Allianz Global Security & Specialty says the number of ships totally lost in sea disasters fell to the lowest level in a century last year. (American Shipper)
Dry-bulk and tanker operator J. Lauritzen dropped 15 ships from its bulk fleet as it lost $16.9 million in the first quarter. (Lloyd’s List)
U.S. grain exporters face a logistical challenge in delivering big loads of soybeans Chinese buyers ordered in March. (MarineLink)
Logistics operator Seko Worldwide LLC is for sale and seeking private-equity backing to supports own acquisition strategy. (Journal of Commerce)
Norfolk Southern Corp. is preparing to roll out its precision railroading operating plan. (Progressive Railroading)
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