Russia summoned the European Union's ambassador in Moscow on Tuesday, fuming over what it calls an illegal rail blockade of a Russian outpost on the Baltic Sea, the latest stand-off over sanctions imposed over the war in Ukraine.
- MarketsAnticipating U.S. downturn, Elon Musk details Tesla staff cuts
Elon Musk, CEO of Tesla , said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted a U.S. recession was more likely than not.
- MarketsMorning Bid: Why the calm in markets won't last, article with gallery
A look at the day ahead in markets from Dhara Ranasinghe.
- BusinessKellogg to focus on snacks with surprise three-way split
Snack and cereal giant Kellogg said on Tuesday it would split into three independent companies, in the latest U.S. corporate overhaul aimed at simplifying its structure and focusing on expanding its snack business.
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- Alabama Senate race tests Trump's sway after endorsement flip-flop, article with galleryUnited States ·
June 21, 2022 · 10:14 AM UTC Donald Trump's sway with Republican voters faces a fresh test on Tuesday in Alabama, where congressman Mo Brooks will try to win the Republican U.S. Senate nomination even after the former president switched his endorsement to Brooks' rival, Katie Britt.