Consumer prices in the eurozone rose 1.7% in April. (WSJ)
U.S. workers’ productivity improved during the past year at the best pace in nearly a decade. (WSJ)
Orders for U.S. manufactured goods rose 0.8% in March, excluding transportation. (WSJ)
Uber Technologies Inc. is facing a class-action lawsuit alleging it operated in Australia illegally. (WSJ)
The U.S. signed new licenses for natural gas exports to Europe as it seeks to establish American energy as a European Union mainstay. (WSJ)
Tesla Inc. aims to raise as much as $2.3 billion through a bond and stock sale to shore up its dwindling cash reserves. (WSJ)
Drug distributor McKesson Corp. will pay $37 million to West Virginia to settle claims the drug supplier helped fuel the opioid epidemic. (WSJ)
Walmart Inc. is testing a new store management structure as it trims costs and adjusts to growing e-commerce demand. (WSJ)
Under Armour Inc.’s revenue rose in the first quarter as it cut inventory by 24% from the prior year. (WSJ)
Kellogg Co.’s quarterly sales in North America fell on weaker demand for cereals and a recall of protein bars. (WSJ)
Online furniture retailer Wayfair Inc. reported a bigger-than-expected net loss in the first quarter. (WSJ)
Royal Dutch Shell PLC’s first-quarter profit fell almost 7% to $5.2 billion. (WSJ)
DowDuPont Inc.’s net sales for the quarter declined 8.7% from the prior year. (WSJ)
Walmart is spending $160 million on New York and New Jersey store upgrades that include more pickup towers for online orders. (Chain Store Age)
Japan is developing new cost-saving agriculture technology aimed at helping its rice exporters. (Nikkei Asian Review)
Atlas Air Worldwide Holdings Inc.’s first-quarter profit rose 29% as the operator added more freighters for customers including Amazon.com Inc. (The Loadstar)
Scorpio Tankers Inc. swung to a $14.5 million first-quarter net profit on an improving market for crude carriers. (Shipping Watch)
Lawmakers say President Trump won’t waive Jones Act requirements for U.S. domestic shipping. (The Advocate)
Container volume at the Port of New York and New Jersey rose 6.7% in the first quarter. (DC Velocity)
Wind turbines and other oversize cargo are straining U.S bridges and freight networks. (Journal of Commerce)
Exxon Mobil Corp. will invest $2 billion to expand a petrochemical complex in Baytown, Texas. (Industry Week)
U.S. rail carloads fell 0.9% in April from a year ago. (Progressive Railroading)
Federal transportation regulators will announce new, more flexible trucking hours-of-service rules next month. (FleetOwner)
A company has developed a high-tech tampon dispenser that tracks inventory in real-time. (WSJ)
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