Sanctioned Russian oligarch Mikhail Fridman says he is ‘practically under house arrest’ and has to eat at home as his credit cards have been blocked

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Russian oligarch Mikhail Fridman told Spanish newspaper El Pais he can’t go anywhere due to sanctions.The London-based billionaire has to apply to the UK government to spend money.He’s not sure if the allowance will be enough “to live a normal life without excesses,” per El Pais.Sign up for our weekday […]

Russian oil tankers are vanishing off the map

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New York (CNN Business) Russia’s invasion of Ukraine made the country a pariah in the global energy market.Since the war started, a de facto embargo on Russian oil has emerged, with oil companies , trading houses, shippers and banks backing away, all at the same time. Gas prices are high.Oil […]

California authorities say they’ve busted a ring of professional shoplifters who stole $135,000 worth of merchandise from retailers like Macy’s, Abercrombie, and Lululemon

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An alleged ring of shoplifters has been busted in California.Authorities have accused the operation of stealing from multiple retailers across the state.The group allegedly targeted stores like Macy’s, Abercrombie & Fitch, and Lululemon.Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your […]

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