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U.S. retail sales rose 7.5% in June as stores continued reopening from coronavirus lockdowns. (WSJ)
New applications for jobless benefits in the U.S. held nearly steady in the past week. (WSJ)
J.B. Hunt Transport’s net profit fell 8.9% to $121.7 million as operating revenue slipped 5% to $2.15 billion. (WSJ)
American Airlines Group Inc. is adding flights back quickly, betting on return of passenger travel, despite a gathering coronavirus storm.
Cathay Pacific Airways Ltd. said it expects a net loss of about $1.3 billion in the first half, after Covid-19 restrictions hammered its business. (WSJ)
Airlines are tallying up tens of thousands of job cuts they say could happen this fall, as Congress gears up to debate offering more aid to the travel industry. (WSJ)
Contract chip manufacturer Taiwan Semiconductor Manufacturing raised its outlook, projecting a 20% gain in revenue this year. (WSJ)
Revenue at the U.S. diagnostics business of Abbott Laboratories jumped 23.2% in the June quarter. (WSJ)
Domino’s Pizza sales rose a robust 16% in the second quarter. (WSJ)
The U.S. barred imports from Malaysia-based Top Glove, the world’s largest medical glove maker, over forced labor accusations. (Reuters)
J.C. Penney will lay off about 1,000 employees as it puts together a plan to emerge from bankruptcy. (CNBC)
Self-driving truck startup Plus.ai is in talks to raise $60 million in funding that would value the business between $600 million and $1 billion. (The Information)
China-bound bulk carriers hauling iron ore from Australia have been diverting to the Philippines in recent weeks to find ways to swap crews. (Lloyd’s List)
Blue Alpha Capital says container imports into the top 10 U.S. ports fell 10.2% in June. (The Loadstar)
Singapore-based shipbuilding group Sembcorp Marine’s chief executive is taking a voluntary pay cut. (Splash 247)
Birmingham, Ala., officials want to turn a former shopping center into a logistics and distribution hub. (WBRC)
Amazon is adding a 300,000-square-foot fulfillment center in Chicago’s southwest side. (TheRealDeal)
Amazon is opening a distribution center in Sterling Heights, Mich., outside Detroit. (Detroit Free Press)
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