U.S. existing-home sales fell in November for a record 10th straight month of declines. (WSJ)
A measure of consumer confidence jumped to an eight-month high in December. (MarketWatch)
TuSimple is cutting 25% of its workforce as part of a restructuring. (MarketWatch)
Nike’s wholesale and direct sales revenues are growing rapidly. (WSJ)
Supplies of children’s cold and flu medicines are running low amid a surge in pediatric cases. (WSJ)
Holiday decorations are making it harder for delivery drivers to find people’s homes. (WSJ)
Money is pouring into Chinese semiconductor start-ups as China pushes chip development in the face of U.S. opposition. (WSJ)
Federal regulators released tougher new emissions standards for heavy-duty trucks. (Supply Chain Quarterly)
Chinese authorities approved China Baowu Steel Group’s takeover of Sinosteel Group. (Nikkei Asia)
A World Trade Organization panel says the U.S. broke global rules by requiring that goods from Hong Kong be labeled “Made in China.” (South China Morning Post)
The European Commission is forcing Germany’s Uniper to sell one of the country’s most advanced power plants. (Financial Times)
Shippers locked into long-term ocean contracts are growing frustrated as spot rates from Asia plunge. (Journal of Commerce)
Tanker values are continuing to rise because of surging demand following Russia’s invasion of Ukraine. (Lloyd’s List)
Mediterranean Shipping finalized a billion-dollar acquisition of Bolloré Africa Logistics. (ShippingWatch)
Shoppers at U.K. supermarket chain Asda face a shortage of shopping carts because of Covid lockdowns in China. (The Telegraph)
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