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White House details new sanctions on Russian and Belarusian entities, including targeting Russian oil refining

By Donald Judd and Jeremy Herb, CNN The White House on Wednesday detailed a new slate of economic measures levied against Russia and its ally Belarus, condemning Belarus for “enabling (Russian President Vladimir) Putin’s invasion of Ukraine.” Among Wednesday’s actions are new restrictions extending export control policies to Belarus and preventing diversion of tech and

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The Felicity Ace

Burned ship carrying luxury cars has now sunk

By Peter Valdes-Dapena, CNN Business The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and Lamborghini, has now sunk. It had caught fire February 16th and its crew abandoned the ship. The largely burned out ship was being towed back to a safe port when it sank yesterday,

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US officials warn Russia will increasingly hit civilian targets and seek ‘slow annihilation’ of Ukraine’s military

By Katie Bo Lillis, Barbara Starr, Jim Sciutto and Jeremy Herb, CNN Russia’s strategy in its war on Ukraine is shifting toward a “slow annihilation” of the Ukrainian military, US and other Western officials tell CNN, warning that Russia could focus on a bloody and deadly bombardment of cities and civilian targets as the conflict

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Jon Bon Jovi

Jon Bon Jovi turns 60

By Lisa Respers France, CNN You give aging a good name, Jon Bon Jovi. The rocker and philanthropist turns 60 on Wednesday and the rest of us can keep the faith that we can age as well. His band, Bon Jovi, formed in 1983 and has had hits with songs including “Livin’ On a Prayer”

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A growing number of international companies

Here are the companies pulling back from Russia

By CNN Business staff A growing number of international companies, including Apple, Disney and Ford, are dialing back operations in Russia over its invasion of Ukraine. On Tuesday, Exxon announced it would quit its last Russian project, while Boeing said that it had suspended major operations in Moscow. Other global energy players, including BP and

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