Semiconductor maker Analog Devices plans to buy rival Maxim Integrated Products for more than $20 billion. (WSJ)
PepsiCo’s quarterly revenue was flat as sagging soda sales offset a growing consumer move toward traditional packaged snack foods. (WSJ)
Adobe says online food prices have climbed 4.2% over the past six months. (MarketWatch)
Apparel retail group RTW Retailwinds filed for bankruptcy protection and may sell its e-commerce business. (WSJ)
U.S. university and college endowments cut investments in fossil fuels as student activism gains momentum. (WSJ)
The U.S. budget deficit reached $3 trillion in the 12 months through June, putting the government on pace to register the largest annual deficit as a share of the economy since World War II. (WSJ)
Hedge fund Knighthead Capital Management LLC and other investors are challenging a proposed loan to carry Latam Airlines Group SA through bankruptcy. (WSJ)
Gap says it plans to pay suppliers in full for finished apparel and goods in production that were canceled or held. (Sourcing Journal)
The U.S. authorized exports from a proposed Oregon natural-gas terminal that would be the first for gas on the U.S. West Coast. (Salem Statesman Journal)
A coalition of Pittsburgh-area businesses wants policy changes aimed at helping companies shift supply chains from China. (Pittsburgh Post-Gazette)
CBRE says Savannah, Ga., Greenville, S.C., and Charleston, S.C., were the fastest growing U.S. industrial real estate markets in the first quarter. (Supply Chain Dive)
The U.K. government will make $875 million available to help British ports prepare for Brexit. (Lloyd’s List)
Tanker deliveries will reach their lowest level this year since 2015. (Splash 247)
European Union inspectors say none of the six shipbreaking yards it examined in India’s Alang region met international standards. (ShippingWatch)
Loaded container imports into the Port of Oakland rose 1.9% unexpectedly in June. (Maritime Executive)
A trucking-industry study says accident liability judgments and financial awards against truckers have risen rapidly in recent years. (Material Handling & Logistics)
J.B. Hunt Transport Services agreed to pay $6.5 million to settle a lawsuit alleging California drivers were misclassified as independent contractors. (Transport Dive)
The number of truck drivers testing positive for marijuana use is growing. (Fleet Owner)
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