A measure of business investment in capital goods increased for the third straight month in July. (WSJ)
Three dollar-store chains reached a collective $1.2 million settlement in New York over expired over-the-counter drugs and obsolete motor oil on shelves. (WSJ)
Pitney Bowes Inc. is selling its software business for $700 million to slim down and focus on its shipping-services. (WSJ)
The Walt Disney Co. will open dedicated Disney Stores in up to 40 Target Corp. locations starting this fall. (WSJ)
U.S. lobster exports to China have declined 80% this year. (Associated Press)
Egyptian cotton production and exports reached their highest levels in five years during the 2018-2019 selling season. (Sourcing Journal)
Singapore’s factory output fell a less-than-expected 0.4% in July in a sharp improvement from June. (Straits Times)
Amazon.com Inc. joined Walmart Inc. in blaming Tesla Inc. solar panels for a warehouse rooftop fire. (Bloomberg)
Amazon is taking a minority stake in Canadian freight airline Cargojet. (Air Cargo News)
New China tariffs on U.S. crude imports are likely to shake up trade patterns in the tanker market. (Lloyd’s List)
China is adding six free trade zones to expand its regional trade cooperation efforts. (Seatrade Maritime)
A China Cosco Shipping Ltd. cointainer ship was damaged in a collision at a Vietnam port. (Splash 247)
Orient Overseas Container Line swung to a $139 million first-half profit as higher freight rates offset weak container volume growth. (South China Morning Post)
Iowa-based Heartland Express Inc. acquired fellow truckload carrier Mills Transfer. (Cedar Rapids Gazette)
Indian online food retailer FreshtoHome raised $20 million in a Series B funding round. (LiveMint)
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