US Business

Greg Kelly was found guilty on some charges of helping former Nissan CEO Carlos Ghosn evade Japan’s pay-disclosure laws. He received a suspended sentence, meaning he probably won’t have to serve prison time.

Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase at the central bank’s meeting in two weeks, amid high inflation, strong economic demand and a tight labor market.

A bipartisan coalition of eight attorneys general is expanding the list of targets in an investigation unveiled last November into Instagram, which focuses on similar concerns.

Amid an increasingly violent Russian invasion, Ukraine’s long-vibrant software sector is managing to churn out code for clients overseas and help the country’s war effort.

The Texas energy giant will exit its Sakhalin project in Russia’s Far East, and make no new investments in the country, following similar moves by BP and Shell.

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.