The U.S. economy grew at a 2.1% clip in the second quarter as strong consumer spending offset declining business investment and inventories. (WSJ)
U.S.-China trade negotiations resume in Shanghai this week amid modest expectations for progress. (WSJ)
Spanish fast-fashion giant Inditex outlined new environmental sustainability commitments. (WSJ)
Pfizer Inc. is in talks to merge its off-patent drugs business with generic drugmaker Mylan NV. (WSJ)
Car maker Renault SA cut its revenue target and posted sharply lower earnings amid troubles at alliance partner Nissan Motor Co. (WSJ)
McDonald’s Corp. same-store sales world-wide rose 6.5% last quarter. (WSJ)
Starbucks Corp.’s quarterly revenue jumped 8% on gains in its key U.S. and China markets. (WSJ)
Walmart Inc. will test autonomous vehicle to move customer orders between two stores in Bentonville, Ark. (Progressive Grocer)
Lowe’s Cos. dropped plans to build a large distribution center in Moreau, N.Y., amid long delays to add sewer lines. (Glens Falls Post-Star)
U.K. retailer Sports Direct spent almost $111 million to fix the House of Fraser supply chain after it bought the troubled store owner last year. (Logistics Manager)
Trucker Landstar System Inc. projected “sluggish” demand in the second half of 2019 after revenue fell 11.6% in the second quarter. (FreightWaves)
Truckload carrier USA Truck Inc.’s second-quarter profit fell to $1,000 from $2.5 million a year ago on a 1% decline in revenue. (Arkansas Democrat-Gazette)
Developers canceled a multimillion-dollar container handling project at the Port of Los Angeles after strong demands from the dockworkers’ union. (Los Angeles Business Journal)
Chinese parcel courier SF Express is adding ocean container forwarding to its air express service. (Lloyd’s List)
Port operator DP World and Indonesian conglomerate Maspion Group will build a $1.2 billion container terminal in Eastern Java. (Maritime Executive)
The U.S. will sell a seized North Korea-owned dry bulk vessel. (Splash 247)
Two men trapped in a shipping container stuffed with cocaine at Belgium’s Port of Antwerp called police to get them out. (CNN)
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