Bussiness – Local News Alerts https://localnewsalerts.com Breaking News & Headlines Sun, 11 Sep 2022 11:47:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://localnewsalerts.com/wp-content/uploads/2022/09/cropped-Google-512-x-512-1-150x150.png Bussiness – Local News Alerts https://localnewsalerts.com 32 32 U.S. colleges cutting financial ties, research partnerships with Russia https://localnewsalerts.com/u-s-colleges-cutting-financial-ties-research-partnerships-with-russia/ https://localnewsalerts.com/u-s-colleges-cutting-financial-ties-research-partnerships-with-russia/#respond Thu, 10 Mar 2022 19:09:23 +0000 https://localnewsalerts.com/?p=150 Colleges throughout the United States are withdrawing students from Russian study abroad programs, suspending research agreements, and cutting financial links as part of a global outpouring of outrage for the invasion of Ukraine.

At the same time, colleges have pledged to defend Russian students on their campuses, despite requests from a few members of Congress to expel them as a form of retaliation against their home country.

The acts are primarily symbolic–colleges in the United States have little clout to sway Russia or tighten its budget, and academic cooperation between the two countries has always been limited. However, the proposal that some or all Russian students should forego the opportunity to study here has heightened interest in the role of colleges in global conflicts.

“Leaders must differentiate between Putin and Russians seeking a better life,” said Jill Welch, senior adviser to the Presidents’ Alliance on Higher Education and Immigration, a group of university presidents.”Returning anyone would not shorten any battle by a day.”

Many colleges have voiced concern for Russian students, who, like their Ukrainian counterparts, may be concerned about the safety of family members or encounter unexpected financial difficulties.

Some members of Congress have advocated for visa restrictions on Russian students. The notion has received little backing in Washington, although the White House has since implied that its separate penalties against Russian oligarchs are partially meant to prevent access to US universities.

Many institutions’ primary focus has been to remove American students who were studying in Russia or Ukraine, despite the fact that few are known to have been there. In 2018, 1,400 Americans studied in such countries, while overall study abroad figures have plunged as a result of the pandemic.

Last academic year, over 5,000 Russian students attended colleges in the United States, accounting for fewer than 1% of all international students.
Advocates for international education argue that losing those students means passing up an opportunity to introduce them to Western principles and that Russians who choose to study in America are already more likely to desire to transform their native country.

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List of companies that have stopped doing business with Russia https://localnewsalerts.com/list-of-companies-that-have-stopped-doing-business-with-russia/ https://localnewsalerts.com/list-of-companies-that-have-stopped-doing-business-with-russia/#respond Thu, 10 Mar 2022 16:39:03 +0000 https://localnewsalerts.com/?p=134 Since Russia declared war on Ukraine about two weeks ago, more than 70 corporations from nearly every industry have severed or pulled back their business links with the country.
Their actions include suspending operations in Russia, breaking ties with Russian clients, closing down online and in-person sales to Russian consumers, and freezing financial transactions, whether mandated by sanctions or just a matter of choice.

This industry-organized list is not meant to be exhaustive, as new companies join on a daily basis.
It will be often updated.

Automotive

  • Aston Martin
  • Daimler Truck
  • Ford
  • General Motors
  • Harley-Davidson
  • Jaguar Land Rover
  • Mercedes-Benz
  • Nissan
  • Toyota
  • Volkswagen
  • Volvo

Aviation

  • Airbus
  • American Airlines
  • Boeing
  • Delta Air Lines
  • United Airlines

Energy

  • BP
  • ExxonMobil
  • Shell

Food and beverage

  • Coca-Cola
  • McDonald’s
  • PepsiCo
  • Starbucks
  • Yum! Brands

Consumer Goods

  • Procter & Gamble
  • Unilever

Leisure and Hospitality

  • airbnb
  • Booking.com
  • Expedia

Logistics

  • DHL
  • FedEx
  • Maersk
  • UPS

Media and Entertainment

  • Netflix
  • Paramount Pictures
  • Roku
  • Sony Pictures Entertainment
  • Universal Pictures
  • The Walt Disney Co.
  • WarnerMedia
  • WWE

Payment Services

  • American Express
  • mastercard
  • Paypal
  • Visa

Professional Services

  • Accenture/
  • Boston Consulting Group
  • Deloitte
  • Ernst & Young
  • KPMG
  • McKinsey & Co.
  • PricewaterhouseCoopers

Retail

  • Adidas
  • Burberry
  • Estée Lauder
  • H&M
  • Ikea
  • Inditex
  • Kering
  • lego
  • Levi Strauss & Co.
  • Prada
  • puma
  • The TJX Cos.
  • Under Armor

Technology

  • Amazon
  • Apple
  • Dell Technologies
  • Electronic Arts
  • Google
  • HP
  • IBM
  • Intel
  • Meta
  • Microsoft
  • Oracle
  • Samsung
  • SAP
  • Snap
  • Spotify
  • TikTok
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