The U.S. jobless rate fell to 11.1% in June as the economy regained 4.8 million jobs. (WSJ)
U.S. exports fell 4.4% in May from the month before while imports slipped 0.9%. (WSJ)
A private gauge of China’s service-sector activity surged in June to its highest level in more than a decade. (WSJ)
Tesla second-quarter deliveries fell a smaller-than-anticipated 4.9% from a year earlier. (WSJ)
The builders of the Atlantic Coast Pipeline are dropping the natural gas project, citing continued regulatory delays and uncertainty. (WSJ)
The U.S. agreed to terms for pandemic-related loans to American Airlines and four smaller airlines. (WSJ)
Pizza Hut and Wendy’s franchise holder NPC International filed for chapter 11 bankruptcy protection. (WSJ)
Retailer Lucky Brand Dungarees filed for bankruptcy protection and may sell its business to the operator of Aéropostale and Nautica brands. (WSJ)
Uber Technologies struck a deal to buy food-delivery company Postmates for $2.65 billion. (New York Times)
Panasonic is dropping its cash register business as it focuses on supply chain management with new partner Blue Yonder. (Nikkei Asian Review)
Japan plans to close about 100 of its 140 coal-fired power plants in the next decade. (Japan Times)
A.P. Moller-Maersk is buying Swedish logistics provider KGH Customs Services. (Splash 247)
U.S. authorities are trying to seize oil carried on Iranian tankers bound for Venezuela. (Lloyd’s List)
Hong Kong-based dry-bulk carrier Pacific Basin expects to take a $200 million impairment charge on its fleet and post a major quarterly loss. (ShippingWatch)
Global air cargo demand is improving even as shipping of medical protective equipment is slowing. (The Loadstar)
Amazon is opening a fulfillment center in Wichita, Kans. (KWCH)
U.K. trucker Maxi Haulage’s quarterly earnings slumped as demand fell off following stockpiling by British companies ahead of Brexit. (Motor Transport)
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