Spending on factories, equipment and other capital goods slowed in the first quarter among large, U.S.-listed firms. (WSJ)
The Japanese economy grew at a better-than-expected annualized rate of 2.1% in the first quarter. (WSJ)
U.S. household sentiment rose at the beginning of May to the highest level in 15 years. (WSJ)
The U.K.’s main opposition Labour Party pulled the plug on Brexit talks with the government. (WSJ)
SoftBank Group’s Vision Fund is investing $800 million in London-based supply-chain finance startup Greensill. (WSJ)
Qualcomm Inc. halted shipments of semiconductors to Huawei Technologies Co. and Google stopped supporting the Chinese company's smartphones. (WSJ)
Hewlett Packard Enterprise Co. is buying supercomputer maker Cray Inc. in a $1.44 billion deal. (WSJ)
Drought-hit Australia will import wheat for the first time in a decade. (Financial Times)
Supplier Li & Fung says the apparel sector could dramatically speed up supply chains by turning to digital tools. (Sourcing Journal)
The upper Mississippi River fully reopened to boat and barge traffic for the first time since November following delays this spring from flooding. (Reuters)
Germany opened the first stretch of highway with overhead wires to allow hybrid trucks to recharge while operating. (Bloomberg)
Tyson Foods Inc. is placing a $300 million meat production facility in Salt Lake City. (Food Logistics)
International maritime regulators adjourned a meeting on emissions issues without making decisions on major proposals. (Lloyd’s List)
A.P. Moller-Maersk A/S ordered five feeder ships from China’s Jiangnan Shipyard under an arrangement with China’s ICBC Leasing. (Seatrade Maritime)
BRX Transportation Holdings LLC is acquiring shortline railroad holding company Pioneer Railcorp. (Progressive Railroading)
United Parcel Service Inc. tripled the size of its Louisville, Ky., ground parcel sorting operation. (DC Velocity)
J.B. Hunt Transport Services Inc. gained a license to operate as an ocean forwarder. (Journal of Commerce)
Italian candy maker Perfetti Van Melle is opening a nearly 400,000-square-foot distribution center in Erlanger, Ky. (Northern Kentucky Tribune)
Volkswagen AG opened a 430,000-square-foot packaging center in Wilhelmshaven, Germany. (Logistics Manager)
Developers plan to convert a 1.4 million-square-foot former Kmart distribution center near Cleveland into a multi-tenant facility. (Warren Tribune Chronicle)
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