U.S. inflation eased slightly in April, with a key measure of price pressures slowing to its lowest level since spring 2021. (WSJ)
Retail sales in the U.S. were flat last month on weaker car business and a 1.2% drop in the category including e-commerce. (MarketWatch)
The International Energy Agency cut its forecast for oil-demand growth this year. (WSJ)
The Justice Department says Boeing violated a settlement over its employees’ roles in two fatal jet crashes. (WSJ)
German industrial producer Thyssenkrupp cut its sales and profit forecasts for the second time in recent months. (WSJ)
Casual-dining restaurant chain Red Lobster is expected to file for bankruptcy as early as next week. (WSJ)
The crude tanker sector is in a bull market, with spot rates rising, ship orders surging and vessel values on the upswing. (Financial Times)
U.K. lawmakers voted to follow Australia in banning the transport of live animals for slaughter. (Splash 247)
Abu Dhabi-based operator AD Ports more than doubled its revenue in the first quarter from the year-earlier period. (Seatrade Maritime)
A barge slammed into a bridge in Galveston, Texas, collapsing part of the structure and closing the waterway for a time. (Associated Press)
The U.S. Postal Service is pausing consolidation of its processing network after lawmakers questioned the impact on mail deliveries. (Supply Chain Dive)
Shortline Patriot Rail named Port of New Orleans CEO Brandy Christian as its new chief executive. (Railway Age)
Half of Amazon warehouse workers in a survey said they struggle to afford food and a place to live. (Bloomberg)
Retailer Tractor Supply opened a 1.15 million-square-foot distribution center outside Little Rock, Ark. (KATV)
Acquisition-focused industrial packaging distributor Imperial Dade bought Rochester, N.Y.-based 3G Packaging. (Rochester Business Journal)
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