US Business

The retailer reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which it grew its business by nearly $30 billion in revenue.

Apple, Ford Motor and computer maker Dell joined the ranks of companies having to adjust or reassess their business activities because of Russia’s invasion of Ukraine.

Hundreds of vessels are trapped at ports, cargo is being derailed, and freight rates are surging. Container ship operators Maersk and MSC said they would suspend cargo services to Russian ports.

With Omicron cases falling, Citi, American Express, Cisco Systems and others say they spot a window to bring workers back together.

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.