German business confidence improved slightly in August, with the Ifo business-climate index rising to 89.0 from 88.6 in July. (WSJ)
The Texas Manufacturing Outlook Survey’s index for general business activity fell to minus 1.8 in August– suggesting contraction–from 0.9 in July. (WSJ)
Dillard’s and a partner purchased the Longview Mall in Texas for $34 million, even as other department stores unload properties as fast as they can. (WSJ)
The U.S. government ordered Orsted to stop work on the 80%-complete Revolution Wind project off Rhode Island. (WSJ)
Temu’s Chinese owner, PDD Holdings, posted a smaller-than-expected 3.9% profit decline despite revenue growth slowing. (WSJ)
Chinese car giant Dongfeng Motor plans to delist from Hong Kong and spin off its electric-vehicle arm as an independent listed company. (WSJ)
Australian PPE maker Ansell will continue to make most of its products in Asia and is unlikely to invest in increased U.S.manufacturing. (WSJ)
Warren Buffett said Berkshire Hathaway, which owns BNSF Railway, isn’t in the market to buy another railroad, though he met CSX’s CEO and discussed cooperating to make freight rail more efficient. (CNBC).
Labor groups and lawmakers oppose a U.S. railroad-industry plan to increase the use of automation in routine track-safety inspections. (Reuters)
A truck driver from India accused of making an illegal U-turn that killed three people in Florida was denied bond on three state counts of vehicular homicide and immigration violations. (Associated Press)
At least 3,000 truckers have been removed from U.S. roads over the past two months after they failed roadside English-proficiency tests. (USA Today)
Taiwan Semiconductor Manufacturing is cutting Chinese-made equipment from its most advanced chip plants to avoid any potential U.S. restrictions. (Nikkei Asia)
An A.P. Moeller-Maersk containership is reportedly safely back underway with no visible damage after firefighting teams contained a fire burning for nearly two weeks off the coast of Africa. (The Maritime Executive)
The U.S. Coast Guard last week arrested the captain of a Mediterranean Shipping containership for allegedly operating the vessel near Seattle while intoxicated. (KOMO)
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