The big western brands showed Vladimir Putin how to do it. While the Kremlin’s army was getting bogged down in Ukraine, Coca-Cola and Starbucks lost no time in closing their doors to Russian customers. But the most emblematic move of all came from McDonald’s, which has shut all 850 of its outlets in Russia. The […]
“Customers really don’t want to hear it, but fuel prices are going through the roof so we’re having to charge more,” said John Migliorini, vice president of Lakeville Trucking in Rochester, N.Y., where diesel costs have nearly doubled to about $400,000 a month. “What choice do we have? I’ve never seen prices jump this high, […]
Two weeks since Russia began Europe’s biggest conflict since World War II, businesses across the continent are already in varying stages of despair at the consequences on livelihoods. A crisis of human suffering in Ukraine, whose wider economic impact prompted European Central Bank officials to quicken their withdrawal from stimulus this week, is affecting prosperity […]
They poured the liquid out — blueberry-flavored, orange-flavored and the original, face-puckering unflavored version — tweeting #DumpRussianVodka and, at gay bars across the country, made do with Absolut and soda instead. This was 2013, after Vladimir V. Putin imposed harsh new measures aimed at L.G.B.T.Q. Russians. And now, as Russia’s aggression in Ukraine takes a […]
PORTLAND, Ore. (KOIN) – A group of business owners and people who live in Old Town held a press conference Tuesday, calling on city and county leaders to get a handle on crime. A KOIN 6 News crew followed Society Hotel owner Jessi Burke around the area on Friday to see some of the safety […]
SPRINGFIELD, S.D. — Residents in Springfield displayed mixed emotions at their most recent city council meeting over transparency and legal issues after they say city leaders sprung the development of a Dollar General store on the public with improper notice. In November 2021, Sean and Cindy Doyle, who live just outside Springfield’s city limits, were […]
Biden called the actions “another crushing blow to Russia’s economy,” which has been pummeled by comprehensive financial sanctions announced in the aftermath of Moscow’s Feb. 24th invasion of its neighbor. The U.S. and Europe have cut off major Russian banks from global financial channels, blocked the country’s access to advanced technologies, and blacklisted wealthy business […]
SPRINGFIELD, Mass. (WWLP) – As the state legislature enters budget season, Senator Adam Gomez hosted a roundtable in Springfield Friday to hear from the business community about what support they need now that the pandemic seems to be coming to an end. 16 new Latino-owned businesses open at the Eastfield Mall Black and Brown business […]
“I’m feeling it at the pump,” she said, noting that prices at nearby gas stations recently jumped 60 cents per gallon in just two days. Cutting out delivery altogether isn’t an option, she says, especially at a time when tribal communities such as hers have been hit hard by the pandemic and the majority of […]
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The UK economy has returned to growth as the economic damage caused by the Omicron variant faded. UK GDP grew by 0.8% in January, faster than economists expected, after contracting 0.2% in December when ‘Plan B’ […]
