Major oil companies pull out of once-promising Russia
Announcements from Shell and BP will further hit Russia's tanking economy — and batter its image as a go-to place for oil and gas investments.
Business
How a wrinkle in the oil futures market has clogged America's oil pump
The U.S. is still the largest producer of oil, but we're a long way from pumping what we were before the pandemic. Blame backwardation.
United Airlines opens its own flight school to help attract pilots
Airlines are in need of pilots. The situation was exacerbated during the pandemic when scores of veteran pilots took buyouts and early retirement packages.
The pandemic has created some uncertainty about the future of farm shows
Small town farm shows are reacting differently to COVID-19 restrictions. Some canceled, some went virtual and some are carrying on as usual.
Russia eyes sanctions workarounds in energy, gold, crypto
Observers say Russia will likely turn closer to China to make up for supplies of goods and services lost due to sanctions.
A top Estée Lauder executive has been forced out over an offensive Instagram post
The Estée Lauder Companies said John Demsey was informed he must "leave the company, effective this week." The senior executive was with the company for 31 years.
Derek Jeter steps down as CEO of the Miami Marlins
The five-time World Series champion became a minority shareholder of the team in 2017. He was elected into baseball's Hall of Fame in 2020.
Russia's central bank doubles a key interest rate as sanctions spark economic turmoil
Russia's ruble collapsed on Monday as sanctions hit, forcing President Vladimir Putin to hold an emergency meeting with his economic advisers.
Toyota stops production in Japan after a cyberattack hits one of its suppliers
The suspected attack forced Toyota, one of the world's largest auto manufacturers, to suspend operations at 14 of its Japanese plants on Tuesday, impacting the production of about 13,000 vehicles.
A ticket stub from Jackie Robinson's majors debut sells for a record-breaking $480K
It was the second time the record was broken in the same auction. Earlier on Sunday, a bidder bought a full ticket from Michael Jordan's 1984 NBA debut with the Chicago Bulls for $468,000.