GASOLINE

Prices at the pump drop a nickel

Massachusetts drivers are getting some relief at the pump as the average cost of gas has dropped a nickel in the past week. AAA Northeast said Tuesday that self-serve, regular is now selling for an average of $2.55 per gallon, 5 cents lower than last week. That’s also 6 cents per gallon higher than the national average and 42 cents higher than the average price a year ago. AAA also found a 50-cents range in prices for self-serve, regular, from a low of $2.29 to a high of $2.79 per gallon. — ASSOCIATED PRESS

RETAIL

Sears Canada to liquidate remaining stories

Sears Canada Inc. said Tuesday it is seeking court approval to liquidate its roughly 130 remaining stores, leaving approximately 12,000 employees without a job. The embattled retailer has been operating under the Companies’ Creditors Arrangement Act since June. It said that it had failed to find a buyer that would allow it to continue. — ASSOCIATED PRESS

INTERNATIONAL

Cereal cafes all the rage in Europe

Travelers wandering the streets of European capitals in search of old-world charm might just as likely stumble upon a bowl of Lucky Charms. Cafes serving American breakfast cereal have exploded in popularity in Europe as young entrepreneurs tap into both nostalgia and novelty among customers who’ll pay between $3 and $9 a bowl. In the last two years, cafes have opened in London, Paris, Madrid, Barcelona, Lisbon, Berlin, Hamburg, Manchester, and many other cities. The trend also has a toehold in the Middle East. — ASSOCIATED PRESS

FURNITURE

Ikea to sell merchadise through third-party websites

Ikea will start selling furniture through third-party websites next year as it tries to find new ways to reach customers in the digital age. Kaisa Lyckdal, spokeswoman for the Swedish home furnishing giant, says the aim is to start a trial in 2018 but that ‘‘no decisions are made regarding what platforms/markets will be in the pilot.’’ The group says 2.3 billion people globally visited Ikea sites in 2017. Founded in Sweden and headquartered fiscally in Leiden, the Netherlands, Ikea has more than 400 stores in 49 countries. — ASSOCIATED PRESS

BOARDS

Procter & Gamble says it has fended off Peltz

The largest and most expensive corporate proxy battle came down to the wire Tuesday, with Procter & Gamble saying it had successfully fended off a campaign by the financier Nelson Peltz for a seat on its board of directors. But Peltz’s firm, Trian Fund Management, quickly put out a news release saying that, according to its proxy solicitors, the vote was “too close to call and will take more time to determine the outcome.’’ The firm said it would await the certified election results from the independent inspector of election. The announcement of the preliminary vote count came at the company’s shareholder meeting in Cincinnati. Peltz, who controls $3.5 billion of company shares through his investment firm Trian Fund Management, was pushing for Procter & Gamble to split into three independent global business units. — NEW YORK TIMES

INDUSTRY

Honeywell spins off businesses, keeps aerospace division

Honeywell is spinning off businesses worth more than $7 billion, but holding on to its lucrative aerospace division. Becoming two separate and publicly traded companies, Honeywell said Tuesday, are its homes product portfolio and ADI global distribution business, along with its transportation systems business. The homes and global distribution business will include home heating, ventilation, and air conditioning controls and security markets and security and fire protection products. It will have about 13,000 employees. The transportation systems business will serve a range of engine types across global automobile, truck and other vehicle markets. It will have about 6,500 workers. — ASSOCIATED PRESS

WINE

Rough weather hurts European wine harvest

Hail, frost, and droughts have hit Europe’s grape harvest hard, making it the smallest in 36 years. The quality of the wines, though, is expected to be excellent. The European Union’s Copa-Cogeca farm union said Tuesday that the extreme weather means the harvest is expected to be down 14 percent, with some areas seeing a drop of as much as one third. That will cut wine production to a level not seen since 1981. The two biggest producers, ‘‘France and Italy were particularly badly affected,’’ said Thierry Coste, the chairman of Copa-Cogeca wine division. — ASSOCIATED PRESS

COMICS

Marvel drops partnership with Northrop Grumman after Twitter backlash

Marvel Comics, the entertainment empire behind the X-Men, the Avengers, and the Incredible Hulk, has canceled a planned advertising partnership with defense contractor Northrop Grumman following a wave of negative attention on Twitter. Marvel teased the partnership Friday morning in a tweet that promised more details in a presentation the following day at the New York Comic-Con festival. A retro-style comic book cover temporarily posted on Marvel’s website featured a team of ‘‘Northrop Grumman Elite Nexus’’ super heroes fighting alongside Marvel’s popular Avengers superheroes. The cover was quickly scrubbed from the company’s website, but not before it went viral on Twitter. Twitter users ridiculed Marvel, accusing it of partnering with ‘‘death merchants.’’ Some pointed out that the Marvel character Iron Man, alias Tony Stark, had been the billionaire CEO of a company that built advanced weaponry but had turned his back on the weapons business after seeing its effects. — WASHINGTON POST

MEDIA

Time Inc. to cut number of print issues of magazines

Time Inc. says it will publish fewer print issues for seven of its magazines, including Fortune, Entertainment Weekly, and Sports Illustrated. The biggest change is at Sports Illustrated, which will drop to 27 issues annually from 38.Time is also reducing how many copies it prints of its namesake weekly magazine to 2 million from 3 million. Spokeswoman Jill Davison says the changes are intended to bolster the print business. Time Inc. has been working to cut costs and find new revenue streams. In the six months through June, the New York company’s revenue fell 9 percent to $1.33 billion. It has posted an annual loss for the past two years and a loss of $72 million this year through June. — ASSOCIATED PRESS

FAST FOOD

Burger King adding spicy nuggets in rivalry with Wendy’s

Burger King is adding spicy nuggets to its menu and firing up a rivalry with burger chain Wendy’s, which pulled the peppery snack from most of its restaurants earlier this year. Burger King said Tuesday that its version of spicy nuggets will roll out nationwide this week. Some locations in Miami, New York, and Los Angeles will give a free 10-piece to anyone who can prove their name is Wendy on Oct. 13. Back in March, Wendy’s Co. wrote to fans in an open letter that its spicy nuggets weren’t that popular, and it would only sell them at restaurants in seven cities. — ASSOCIATED PRESS

PHARMACEUTICALS

Pfizer may spin off business

Pfizer may be done selling ChapStick, Advil, Robitussin, and other brands that people can buy without a prescription. The pharmaceutical giant is weighing options for its consumer healthcare business. It may spin off or sell the unit, which also produces Advil, Preparation H, and the Centrum brand of vitamins. Pfizer may also leave the business as is, with no sale. The New York drugmaker expects any decisions on the business to be made next year. — ASSOCIATED PRESS