WASHINGTON >> The U.S. trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cellphones and clothing.

The deficit rose to $44.5 billion in June, 8.7 percent higher than a revised May deficit of $41 billion, the Commerce Department reported Friday. It was the biggest gap between what America sells abroad and what the country imports since a $44.6 billion deficit last August.

Exports, which have struggled this year because of the strong dollar and global weakness, edged up 0.3 percent to $183.2 billion. Imports rose a faster 1.9 percent to $227.7 billion, led by a 19.4 percent jump in petroleum imports.

Consumer borrowing slowed in June

WASHINGTON >> Consumers increased their borrowing in June but at the slowest pace in 17 months as auto and student loans registered the slowest growth in nearly five years.

The Federal Reserve said Friday that total borrowing rose by $12.3 billion in June, down sharply from an increase of $17.9 billion in May. That was the smallest monthly gain since January 2015.

The slowdown in borrowing came from a big decrease in the growth of auto and student loans, which rose by just $4.6 billion in June, the weakest monthly performance since this loan category declined in August 2011.

Outdoor-gear makers target women

SALT LAKE CITY >> Once an afterthought in the historically male-dominated outdoor retail industry, women have become a sought-after force with companies vying to tap into a market that has grown to $4.6 billion in annual sales.

A wide array of clothing, gear and equipment specifically designed for female adventurers is on display this weekend at the summer version of the world’s largest outdoor-gear show for retailers, which attracts 30,000 people a year to Salt Lake City.

The sales of women-specific goods has grown from about $400 million some 15 years ago to $4.6 billion this year, said Julia Clark Day, executive director of business development for the sports division of the research firm NPD Group.

Bristol-Myers lung cancer drug fails study

NEW YORK >> A blockbuster cancer treatment failed in a key study as the drug’s maker, Bristol-Myers Squibb, attempts to extend its use for lung cancer patients.

Shares of the New York company plunged 16 percent. Shares of rival Merck & Co., which makes a rival cancer drug, spiked 10 percent to reach a multiyear high.

Bristol’s drug, Opdivo, and Merck’s drug Keytruda are immunotherapies, which bolster the immune system so that patients can better fight cancer. Both drugs are already approved to treat melanoma and lung cancer, but only after chemotherapy.

Berkshire profit increases 25 percent

OMAHA, Neb. >> Berkshire Hathaway Inc., the company led by Warren Buffett, said Friday that its second-quarter profit jumped 25 percent from a year ago as revenue from its insurance and financial products businesses grew.

The conglomerate reported net income of $5 billion, or $3,042 per Class A share, in the quarter, compared with $4 billion, or $2,442, per Class A share, in the same quarter a year before. Earnings, adjusted for investment gains, came to $2,803 per share.

Total revenue rose 6 percent to $54.46 billion in the period.

Some American Airlines workers get raises

FORT WORTH, Texas >> American Airlines has agreed to pay raises for about 30,000 ground workers that unions say will average 22 percent.

The airline said Friday that it would give “significant pay increases” to 12 groups of workers ranging from mechanics to bag handlers. American said in a regulatory filing that the new hourly wage rates would be comparable to pay at Delta Air Lines and United Airlines.

On the Move

Coldwell Banker Pacific Properties has announced Daniel J. Thompson as an independent agent in its Leeward office. Thompson previously served as a C17 loadmaster for the Air Force.

Maui Medical Group has announced the addition of two new physicians:

>> Daniel Chevy, M.D., is an internal medicine physician who previously practiced as an outpatient internal medicine physician with Foundation Medical Partners- Downtown Medical Associates in Nashua, N.H.

>> Soren N. Carlsen, M.D., is a urologist who previously had a private practice in Bellingham, Wash., and was one of two urologists at PeaceHealth St. Joseph Medical necCenter.