Category: Business

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Oil Touches $113 and Stocks Are Jolted Over Uncertainty in Europe

The rise in energy prices appeared to be tied to concerns about production limits and potential disruptions to Russian supplies.  » mehr lesen

Ford Splits Into Electric and Gas Divisions to Speed Up Transition

E.V. operations will focus on technology and growth while the traditional business continues to chase profits. “You can’t have people work on both at the same time,” the chief executive said.  » mehr...

Amazon plans to shut down more than 50 brick-and-mortar stores.

The closures affect its bookstores and Amazon 4-Star locations, but not Whole Foods or Amazon Fresh.  » mehr lesen

Epic Games, Who’s Behind Fortnite, Buys Bandcamp

Epic Games is acquiring an online music platform that has been embraced by musicians for its eclectic offerings and a payment system that favors artists.  » mehr lesen

As Oil Soars, OPEC and Its Allies Are Not Likely to Offer Relief

The oil cartel known as OPEC Plus said it would continue the strategy agreed to in July, rubber-stamping a 400,000-barrel-a-day production increase for April.  » mehr lesen

H&M Halts Sales in Russia After the Invasion of Ukraine

The announcement followed similar decisions from tech companies, oil giants and Hollywood studios.  » mehr lesen

Boeing and Ford Suspend Operations in Russia

The U.S. manufacturing companies are the latest to shut down offices and factories since Russia invaded Ukraine.  » mehr lesen

As Infrastructure Money Flows, Mitch Landrieu Must Straddle Partisan Divide

Much of the funding is left up to state leaders, some of whom have already pushed back on the federal government’s goals. Mr. Landrieu will be key to resolving those differences.  » mehr...

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