Initial U.S. jobless claims fell below 300,000 for the first week since the pandemic began in March 2020. (WSJ)
The International Energy Agency increased its forecast for oil-demand growth as rising natural-gas and coal prices push power plants into using oil instead. (WSJ)
A federal grand jury indicted a former Boeing pilot in a case tied to crashes of the plane maker’s 737 MAX jets. (WSJ)
Toyota supplier Nippon Steel sued the auto maker for allegedly using stolen technology for a material in electric motors. (WSJ)
Smelters facing growing pressure to curb emissions cut zinc and aluminum production as energy costs soar. (WSJ)
Taiwan Semiconductor Manufacturing plans to build a new chip factory in Japan. (WSJ)
More than 10,000 unionized Deere & Co. workers went on strike after rejecting a tentative labor deal. (WSJ)
Activist investor Jana Partners wants Macy’s to spin off its e-commerce business. (WSJ)
Australian mining company South32 is buying a 45% stake in a Chilean copper mine as demand rises for the commodity in low-carbon technologies. (WSJ)
A measure of U.S. wholesale prices rose 0.5% in September, the slowest pace in nine months. (MarketWatch)
Terminals at the ports of Seattle and Tacoma are extending hours to address cargo ship congestion in Puget Sound. (Seattle Times)
Hyundai Motor wants to develop its own semiconductors. (Reuters)
Uniqlo parent Fast Retailing expects its profit to rise 3% this fiscal year, to the equivalent of $1.54 billion. (Nikkei Asia)
Clive Data Services says spot airfreight rates on Asia to Europe lanes rose 30% in the past five weeks. (Lloyd's Loading List)
A.P. Moller-Maersk’s venture-capital arm invested in Vertoro, a Dutch alternative-fuels technology startup. (Splash 247)
Japan-based Nippon Express will use high-speed ferries to Osaka and Kobe to bypass container shipping and air cargo bottlenecks in Shanghai. (The Loadstar)
Discount retailer 99 Cents Only Stores is working with Instacart to provide two-hour delivery from stores in California, Arizona, Nevada and Texas. (Chain Store Age)
Amazon places products from its house brands and those exclusive to its marketplace ahead of competitors in its search results, an investigation found. (The Markup)
Autonomous trucking startup Embark Trucks said carriers have reserved 14,200 trucks equipped with its technology. (Forbes)
Flatbed hauler PGT Trucking plans to lease 100 Nikola hydrogen-powered fuel cell electric trucks. (FreightWaves)
Executives at S&P 500 companies have mentioned the phrase “supply chain” about 3,000 times on investor calls this year. (Bloomberg)
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