US Business

Toshiba’s chief executive stepped down Tuesday, but the company said it would stick with its plan to split into two parts, which some foreign shareholders oppose.

Supermarket chain hasn’t set a timetable; the parent company of grocery chains Safeway and Jewel-Osco went public in 2020.

The retrenchment is a dramatic change from a few decades ago, when the fall of the Soviet Union made Russia a promising market for international companies including energy majors, brewers and car makers.

The energy giant’s move follows a BP decision to divest its stake in Russia’s state-controlled oil producer Rosneft.

Some employers that rely on hourly workers hire large numbers but give each well under 40 weekly hours. Workers who want more hours quit. The result is turnover—and more trouble finding workers.

Russian aircraft face limited corridors where they can operate and will be forced to seek other routes.

The oil giant said it would unload its 19.75% stake in Rosneft days after its CEO spoke to a top British official, a divestment that could result in a substantial loss.

The Russian invasion has shut down auto factories, hit supplies for the steel industry and severed transportation routes. Commodity prices are soaring, including for sunflower oil, natural gas and wheat. The two countries combined account for 80% of the world’s sunflower oil.

Retail giant focuses on adding new ways to offer shoppers home delivery and efficiently move online inventory, including testing autonomous vans and adding delivery hubs to 100 stores.

Alphabet adopted a new cash bonus plan that lets the company give employees bonuses of nearly any size and Amazon is doubling its cap on base pay as the lure of stock awards fade.