Books feed the mind, but not the body. Amazon is closing its physical bookstores in the U.S. and UK, focusing instead on its grocery chain … Russia might be heading for its first international debt default … And Neil Diamond does bring flowers to Universal Music Group.
Russian forces in Ukraine sparked worldwide alarm on Friday as they seized Europe's biggest nuclear power plant and Moscow blocked Facebook and some foreign media websites as it passed a "fake" news law amid mounting censure from global companies.
- European MarketsAnalysis: Global banks face costly, arduous process to exit Russia
Global banks face an arduous and costly process if they decide to close businesses in Russia, banking sources and experts say, complicating decisions over whether they should withdraw.
- BusinessWall Street ends down as Ukraine fears eclipse solid jobs data, article with image
Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.
- United StatesThe evolving post-COVID U.S. job market in five charts
In the two years since the COVID-19 pandemic upended the U.S. economy, the labor market has rebounded far faster than most had predicted after roughly 22 million jobs were wiped out in the space of two months in the spring of 2020.