Sales of previously-owned homes in the U.S. rose 14.5% from January to February but were off 22.6% from last year. (WSJ)
Corporate bankruptcy filings are up sharply this year, with many filers citing persistent price pressures. (WSJ)
Nike’s quarterly sales jumped 14% as the sportswear supplier worked through its inventory glut. (WSJ)
Chinese authorities say they haven’t determined a cause of the crash of a China Eastern Airlines passenger jet a year ago. (WSJ)
Japanese chip manufacturing equipment maker Tokyo Electron is building a $167 million plant in northeast Japan. (Nikkei Asia)
CMA CGM is considering entering the car-carrier market. (The Loadstar)
Major tanker owners say they don’t plan to order new vessels amid uncertainty over regulations. (Lloyd’s List)
Shell says maritime operators will need about 10,000 hydrogen carriers by 2040 to help meet global climate goals. (TradeWinds)
Canadian Pacific Railway struck a tentative contract agreement with Teamsters-represented maintenance workers. (Railway Age)
European food delivery group Just Eat Takeaway is laying off 1,700 couriers in the U.K. (Financial Times)
Analysts say Lululemon appears to be getting its inventory levels under control. (Dow Jones Newswires)
Several Raising Cane’s fast-food chain restaurants in Texas closed temporarily after a supplier suspended deliveries. (San Antonio Express-News)
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