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Coca-Cola and PepsiCo suspend businesses in Russia

The beverage giants‘ announcements come shortly after a similar decision by McDonald’s

Latest Business

American Express suspends operations in Russia and Belarus

Visa and Mastercard have announced they will suspend all operations in Russia in protest at its invasion of Ukraine.

Ukraine crisis: Crypto exchange boss rejects Russian user ban

The boss of one of the world's biggest crypto-currency exchanges has ruled out restricting ordinary Russians from using the service.

Apple joins companies pulling back from Russia over Ukraine attac

Moves by iPhone maker, Ford, Nike and others add to growing pressure on Kremlin over invasion

Big bank’s dealings with ‘strongmen and spies’ exposed

Leaked data exposed accounts of thousands of Credit Suisse clients all across the globe

Zuckerberg’s Facebook empire collapsing

Meta has lost nearly half its value in the last six months

Booking.com fires thousands via video message

The travel website laid off nearly all of its customer service employees

Disney+ Grows Up, But What About Hulu?

The move to add fare like 'Grown-ish' and 'Black-ish' to Disney+ risks alienating Hulu, which has long been the home of general entertainment network fare.

Snoop Dogg Acquires Death Row Records, Label That Launched His Career

The deal, announced Wednesday, comes in conjunction with the release of a new album, 'B.O.D.R.,' short for 'Back on Death Row,' and a wave of NFT offerings.

Discovery-WarnerMedia Merger Gets U.S. Antitrust Clearance

The mega-deal is expected to close in the second quarter after a key antitrust waiting period expired.

Frontier Purchases Spirit Airlines, Creates U.S.' Fifth-Largest Carrier

The merger is expected to close in the second half of this year, "subject to satisfaction of customary closing conditions, including completion of the regulatory review process and approval by Spirit stockholders," the release said. A spokesperson for Frontier told Newsweek that the name that the merged airlines will fly under will be determined at a later point in time

Marissa Mayer is back and she wants to fix your address book

Former Yahoo CEO Marissa Mayer on Wednesday announced the launch of Sunshine, a consumer apps start-up.

At least 70 episodes of Joe Rogan’s podcast yanked from Spotify

Spotify has ignored calls to kick Joe Rogan off its platform, but dozens of the controversial podcaster’s episodes have mysteriously vanished.

Peloton Draws Takeover Interest From Amazon and Nike

Amazon and Peloton declined to comment to both papers and Nike didn’t immediately respond to the FT’s request for comment.

Peloton’s fortunes race downhill as fitness fans return to gyms

The exercise bike maker is worth less than a fifth of its $50bn valuation during global lockdown

Workers turn on Spotify over Rogan

Spotify’s CEO has doubled down on the streaming giant’s defence of controversial podcaster Joe Rogan, but his employees are not impressed.

STAGGERING COLLAPSE: Facebook’s huge tumble sparks global turmoil

Mark Zuckerberg has experienced one of the most drastic drops in wealth of all time, and it has sent shockwaves around the globe.

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