Growth in Asia’s factory activity weakened slightly in April. (WSJ)
Canada’s goods exports plummeted 5.3% in March, reversing a gain in the month before. (WSJ)
Sales of new cars in the U.S. reached a four-month high last month. (MarketWatch)
Apple’s quarterly revenue fell 4.3% and profit declined amid ailing iPhone sales and anemic demand in China. (WSJ)
U.S. antitrust regulators say the former CEO of shale oil company Pioneer Natural Resources attempted to collude with OPEC to raise oil prices. (WSJ)
Wayfair’s U.S. sales slipped 1% last quarter but outperformed the broader furniture and home-furnishings sector. (WSJ)
Peloton Interactive laid off 15% of its workforce as CEO Barry McCarthy stepped down. (WSJ)
An arm of Toyota began automotive assembly at a plant in Cambodia. (Nikkei Asia)
ArcBest shareholders voted to lower the threshold for the trucking and logistics company to be acquired. (Trucking Dive)
The head of Daimler Truck Holding says slow progress in adding charging infrastructure is threatening the shift to zero-emission trucking. (Bloomberg)
Imports of U.S. household goods jumped 27.9% in the first quarter following steep declines the over the past two years. (Journal of Commerce)
Trading company Trafigura ordered four liquefied propane gas carriers with ammonia fueling capability. (TradeWinds)
Freight broker C.H. Robinson Worldwide’s gross revenue declined 4.3% year-over-year in the first quarter but expanded over the previous quarter. (Air Cargo Next)
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