U.S. auto sales remained brisk in August but showed continuing signs of moving away from the blistering pace set a year ago, further fueling concerns the industry’s best days are behind it.
Hyundai Merchant Marine is deploying 13 ships to help ease cargo delays caused by the bankruptcy-protection filing of Hanjin Shipping, according to brokers in Singapore.
Columnist Li Yuan writes that national outrage in China over reports of a phone swindle is focusing new attention on lax privacy protections.
While the U.S. health care system is notoriously costly, prices of generic drugs have actually been falling. Price spikes like EpiPen’s reflect a lack of competition that can be curbed by allowing generics approved abroad to be sold in the U.S., Greg Ip writes.
A gauge of U.S. consumer confidence rose to the highest level in nearly a year in August, suggesting that household spending will remain a key support for the economy.