Business

American gun manufacturer sending thousands of AR-15s to Ukraine

As Kyiv continues to be pummeled by Russian airstrikes, private businesses across America are sending weapons directly into the war zone. An American gun manufacturer is sending 2,500 piston driven, semi-automatic AR-15 style rifles to Kyiv, helping arm civilians who stayed in Ukraine to fight against the Russians.

Companies relocating to Sun Belt area on massive scale

From Arizona to Texas to North Carolina, the Sun Belt is becoming a hot spot for business relocation. Companies across America are cutting costs by moving south. And that’s fueling a housing boom in Texas.

Record gas prices lead to increase in carpooling

More people are choosing to carpool with gas prices still at record highs. A driver and passenger in a carpool service drive to and from work together every day. The money they're saving on gas makes up for the fee they're paying the company.

Spotify returns after outage causes disruption

Spotify, the largest subscription-based streaming service, crashed for several hours on Tuesday. According to Variety, Spotify has over 406 million total monthly active users.

P&G ending new capital investments, reducing portfolio in Russia

Procter & Gamble Co. is ending all new capital investments in Russia and "significantly reducing" its portfolio to focus on basic hygiene, health, and personal care items, CEO Jon Moeller said in a letter to employees posted on its website on Monday.

Western companies' pullout from Russia expected to accelerate

A stream of Western companies pulling out of Russia is expected to grow on Tuesday, as corporations and investors across industries follow the lead of energy firms BP and Shell, which abandoned multi-billion-dollar positions after the invasion of Ukraine.