A measure of U.S. consumer sentiment deteriorated near the end of April. (MarketWatch)
Copper futures hit a two-year high amid signs of high demand from China and tight supply. (WSJ)
ExxonMobil and Chevron posted lower first-quarter profits in part due to anemic natural-gas prices and refining margins. (WSJ)
Czech billionaire Daniel Kretinsky is buying a 20% stake in Thyssenkrupp’s steel business. (WSJ)
The Port of Baltimore’s efforts to accommodate bigger ships tied the city’s fortunes to vessels that some experts say are prone to accidents and likely make supply chains less resilient. (Washington Post)
Some Chinese exporters are avoiding the yuan as profits shrink and the currency’s value falls against the dollar. (South China Morning Post)
Turkey is in talks with ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas. (Financial Times)
Arrivals of grain carriers at Ukraine ports are back close to pre-war levels. (Lloyd’s List)
Honda plans to spend $11 billion to build electric vehicle and battery plants in Canada. (Reuters)
Growing demand from Chinese e-commerce companies Temu and Shein is sending trans-Pacific air cargo prices soaring. (Nikkei Asia)
Freight forwarder DSV is buying a property in California’s Inland Empire for $107 million to build a 1.4-million-square-foot warehouse. (Commercial Observer)
DHL will pay $8.7 million to settle a 14-year-old class-action racial discrimination suit over operations in Chicago. (Chicago Tribune)
Craft and sewing retailer Joann expects to complete its restructuring and emerge from bankruptcy in the coming days. (Cleveland Plain-Dealer)
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