New vehicle sales in the U.S. fell 6.8% in January. (MarketWatch)
Intel is delaying the construction of a $20 billion chip-manufacturing project in Ohio. (WSJ)
Apple posted a sales increase for the holiday quarter, ending one of the company’s worst earnings streaks in more than two decades. (WSJ)
Exxon Mobil and Chevron banked their second-highest annual profits in a decade last year. (WSJ)
A U.S.-led coalition conducted its third series of major strikes on Houthi rebel targets in an effort to defend shipping lanes in the Red Sea. (WSJ)
Ocean carrier CMA CGM suspended all crossings by its vessels of the Bab al-Mandab Strait in and out of the Red Sea. (Reuters)
Capital Product Partners sold its first containership as it transitions into a pure LNG carrier. (TradeWinds)
Terminal operator DP World reached an agreement with its unionized workers in Australia. (Lloyd’s List)
Walgreens is laying off 145 employees, mostly in its corporate workforce. (Retail Dive)
Amazon is adding a new AI-powered shopping assistant named Rufus to its mobile app. (Axios)
Social-media platform TikTok is testing a feature that could make all posts shoppable. (Business of Fashion)
U.S. authorities indicted nine people in connection with alleged schemes to smuggle Iranian oil. (Financial Times)
A dog was found trapped in a shipping container at the Galveston Bay port complex in Texas. (Fort Worth Star-Telegram)
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