What's Happening With Russian Oil and U.S. Gas Prices?

10:40pm, Monday, 14'th Mar 2022 The Motley Fool
And a look at other impacts from the war in Ukraine.

McDonald's (MCD) Stock Moves -0.3%: What You Should Know

09:50pm, Monday, 14'th Mar 2022 Zacks Investment Research
In the latest trading session, McDonald's (MCD) closed at $226.18, marking a -0.3% move from the previous day.
The Russia-Ukraine crisis is hitting Citi, McDonald''s and others while lifting shares of oil companies. Meanwhile, China''s latest Covid-19 outbreak likely means more supply-chain challenges ahead.
Oppenheimer recommended that investors buy McDonald''s MCD on any further weakness with the same-store sales strength expected. Read more on MCD stock.
Russian prosecutors have issued warnings to several foreign entities — via calls, letters and in-person visits — including to Coca-Cola, McDonald''s, Procter & Gamble, IBM and more Read more
There's a lot to scare investors these days. We've got a veteran portfolio manager to share lessons from a 1973 bear market.

Withdrawal Symptoms: Employees & The Russia Exodus

08:15am, Monday, 14'th Mar 2022 Zero Hedge
Withdrawal Symptoms: Employees & The Russia Exodus Following the introduction of sanctions against Russia by a large number of countries, more than 330 companies have announced their withdrawal or suspension of activities in that market, according to the Yale School of Management. With a wide range of measures, from the partial or temporary suspension of their operations to the closing of offices and the permanent exit from the country, this list includes some of the most renowned companies at a global level. In fact, as Statista''s Martin Armstrong details below , some of them,are responsible for several tens of thousands of jobs, such as McDonald''s. The fast-food chain announced on Tuesday the temporary closure of its nearly 850 restaurants in Russia, although it will continue to retain its 62,000 employees. In this infographic Statista compiled ten leading companies that announced the suspension of operations or their withdrawal from Russia . Together, these ten companies alone are responsible for more than 125,000 workers in the country.

The cost of Russia-Ukraine war

05:15am, Monday, 14'th Mar 2022 Economic Times India
The invasion of Ukraine has placed Russia on the verge of bankruptcy. Interest rates have doubled, the stock market has closed, and the rouble has fallen to its lowest level ever. The military costs of war have been exacerbated by an unprecedented level of international sanctions, sustained by a large coalition of countries. Russian citizens, now unable to spend at IKEA, McDonald''s or Starbucks, are not allowed to convert any of the money they do have into foreign currency. Generous estimates suggest the Russian economy could shrink by 7% next year, instead of the 2% growth that was forecast before the invasion. Others say the drop could be as much as 15%. Such a fall would be bigger than the 1998 crash of the Russian stock markets - a major shock to an economy which has hardly seen any growth in the last decade, and failed to diversify away from exporting oil and gas. Meanwhile the European Union is planning to drastically decrease its energy dependency on Russia, while the the US and the UK have begun to phase out their own, more limited, imports.

Moscow threatens Western companies with arrests, seizures: report

03:47am, Monday, 14'th Mar 2022 Economic Times India
Russian prosecutors have issued warnings to several foreign entities -- via calls, letters and in-person visits -- including to Coca-Cola, McDonald''s, Procter & Gamble, IBM and Yum Brands, the parent company of KFC and Pizza Hut, according to the business daily, citing sources familiar with the matter.
One source told The Wall Street Journal that some companies have already transferred their executives out of Russia in response to the threats.
Russian prosecutors warned Western companies that criticism of Moscow''s war on Ukraine could lead to arrests of corporate leaders or seizure of assets in the country. Companies that received the warning included Coca-Cola, McDonald''s…
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t
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JP Morgan Hires Ex-Jailbirds As Staffing Shortage Worsens

11:00pm, Saturday, 12'th Mar 2022 Zero Hedge
JP Morgan Hires Ex-Jailbirds As Staffing Shortage Worsens As JP Morgan and the other major Wall Street banks struggle to hire enough personnel, Insider reports that the banks are now turning to an unlikely place: the largest bank in the US has hired thousands of people with criminal records and hundreds with disabilities like autism, Brian Lamb, JPMorgan''s global head of diversity, equity, and inclusion revealed during an interview on Thursday. In total, the bank employees more than 200K people around the world. But right now, the company is "tapping into the talent pools that have historically been left behind," Lamb said. This includes people who have formerly been incarcerated, who typically have a more difficult time getting hired. As we noted early last month , the US had 4.6 million job openings according to the latest data released in February. Looking at the details, job openings increased in several industries with largest increases in accommodation and food services (+133,000), information (+40,000), and nondurable goods manufacturing and state and local government education (+31,000 each).
A Yale professor and his research team are keeping tabs on companies that are still operating in Russia following its invasion of Ukraine --- and many have now pulled out.
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