U.S. retail sales fell 0.7% from November to December, including a 5.8% drop for nonstore retailers that include online sales. (WSJ)
U.S. industrial production increased 1.6% in December, with manufacturing output up 0.9%. (WSJ)
Fiat Chrysler and Peugeot-maker PSA Group cemented their trans-Atlantic merger, creating a global giant called Stellantis. (WSJ)
Tesla delivered its first made-in-China Model Y compact crossover vehicles. (WSJ)
Internet entrepreneur Marc Lore is leaving Walmart after running the retailer’s counter attack against Amazon. (WSJ)
The French government shot down an offer from Canada’s Alimentation Couche-Tard to acquire hypermarket chain Carrefour. (WSJ)
French energy giant Total will pay $2.5 billion for a 20% stake in Adani Green Energy, the world’s largest solar developer. (WSJ)
Pizza Hut plans to test sending drones to drop multiple orders at landing zones that operate as hubs for delivery drivers. (WSJ)
German industrial giant Thyssenkrupp is considering a spin-off of its ailing steel business. (Financial Times)
Scottish fishermen say post-Brexit red tape has made it impossible to sell British seafood to the European Union. (CNN)
British trucker DPD extended its suspension of European and Ireland parcel deliveries amid post-Brexit customs challenges. (Motor Transport)
Toyota and Honda resumed production in Malaysia after the government reversed a shutdown of auto plants under coronavirus lockdowns. (Nikkei Asian Review)
PepsiCo will first target agricultural supplies in a push to eliminate greenhouse gas emissions across its supply chain by 2040. (Reuters)
Trans-Atlantic product tankers are diverting to Caribbean storage sites amid declining U.S. demand for refined oil products. (Lloyd’s List)
Shipping bottlenecks in Southern California are leading to delays for U.S. exporters at the Port of Oakland. (Journal of Commerce)
Overseas Container Line’s fourth-quarter earnings soared more than 51% as trans-Pacific and Asia-Europe revenues jumped by more than 56%. (ShippingWatch)
Polaris Shipping sold the last of several iron ore carriers that had been converted from tankers. (Splash 247)
Amazon workers at an Alabama warehouse will vote starting next month on whether to form a union. (Washington Post)
Some 1,400 unionized truck drivers and warehouse workers at New York's Hunts Point Produce Market went on strike over a wage dispute. (Pix11)
E-commerce logistics provider Red Stag Fulfillment plans to build a $300 million distribution center on a 420-acre site southwest of Knoxville, Tenn. (Knox News)
Supply-chain software provider SpotSee moved into the temperature-monitoring arena by acquiring TMC Hallcrest and LCR Hallcrest. (Dallas Business Journal)
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