Month: March 2022

Rapid pullouts by BP, Shell and Exxon after decades of cultivating close relationships show the mounting perils of doing business with Moscow. “We’ve effectively walked away from our business in Russia.”

The billionaire investor’s hedge fund disclosed a new position in the railroad after waging a proxy war in 2012 to shake up the company’s board and install a new CEO.

The America250 commission is torn over the $10 million deal with Facebook parent Meta Platforms that some members worry will put off other potential corporate sponsors.

The billionaire investor urges the house-wares retailer to consider a sale or separation of Buybuy Baby and to simplify its turnaround plan.

Chinese-owned social-media platform halts new content in Russia in response to ‘fake news’ law. U.S. streaming giant suspends its service there amid operational challenges.

The global supply chain is slow, but the economic fallout from the invasion of Ukraine is swiftly raising prices for producers and consumers world-wide. “It seems to be overshadowing everything now.”

In a letter to the company’s board, the activist investor says he has sold the remainder of his stake in the oil-and-gas producer and his two remaining board representatives are also resigning.

Some say there is benefit for businesses and workers when mask mandates are removed. Others say they fear alienating employees and diners by eliminating mask and vaccination requirements when allowed to do so.