War On The Tech Front | Chelsea’s Bid Day | Schultz’s Third Starbucks Run

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Good morning.

Ukrainian deputy minister Mykhailo Fedorov isn’t taking prisoners in his campaign to leave Moscow isolated on the business and technology front, with
German software giant SAP and Chinese drone maker DJI the latest to be called on to cut all ties with Russia. We’re also covering potential bidders for Roman Abramovich's Premier League team and Howard Schultz’s third run as Starbucks CEO. Finally, here’s all you need to know about attempts to ground Russian oligarchs’ aircraft.

Sofia Lotto Persio

Sofia Lotto Persio

Curator-In-Chief | Twitter

In The News Today

Missiles struck near the airport of the western Ukrainian city of Lviv, less than four miles from the city center. Follow our live blog for the latest news about Russia’s invasion of Ukraine and its repercussions. 

The International Energy Agency (IEA) called on wealthy nations to cut speed limits on highways, fly less, drive less and work from home more to reduce oil demand.

Top Take-Aways

Software giant SAP said it stopped working with sanctioned companies, but Ukraine’s deputy prime minister Mykhailo Fedorov accused the $120 billion company of continuing to work with Russian state banks who are fueling the Kremlin’s war machine. Another target of Fedorov’s campaign to isolate Russia on the technology front is drone maker DJI, whose devices are used by both Russian and Ukrainian forces.

As
digital warfare between Kyiv and Moscow intensifies, misinformation experts are criticizing a doctored video showing the Eiffel Tower being blown to pieces shared by Ukrainian government accounts and media could set a troubling precedent.

It’s deadline day for buyers interested in sanctioned Russian oligarch Roman Abramovich’s Premier League team Chelsea FC, one of global soccer’s most-coveted trophy assets. Wealthy bidders from the U.S. may have an advantage over others.

What made the CEO of a fraud prevention software company commit fraud himself?
Pressure and fear of failure, NS8 founder Adam Rogas told Forbes hours after pleading guilty to a count of fraud in U.S. federal court in New York.

Investors cheered
Howard Schultz’s return to Starbucks’ helm, sending the stock price up more than 5% by Wednesday’s close. But some governance experts are scratching their heads about the call to give Schultz, No. 212 on Forbes’ Billionaires list, a temporary third run in the job.

A series of thousand-dollar bets over the weekend on the Tampa Bay Buccaneers to win the National Football Conference next year just before NFL legend Tom Brady's surprise return from retirement has raised bookies’ suspicions.

Today's Must Read

 
A Guide To The Private Jets And Helicopters Owned By Sanctioned Russian Billionaires
 
 
 
A Guide To The Private Jets And Helicopters Owned By Sanctioned Russian Billionaires

Just like yachts, aircraft belonging to sanctioned Russian individuals are often registered in offshore jurisdictions that are attempting to make it harder for the oligarchs to keep flying.

Read The Full Story →
 

In Case You Missed It

There are nearly 600 cryptocurrency exchanges worldwide inviting investors to trade bitcoin, ethereum and other digital assets. But costs, quality and safety vary widely. Forbes Digital Assets ranked the top 60, with an emphasis on regulatory compliance.

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Tips You Can Trust

Employee benefits traditionally include financial and wellness incentives. But increasingly, employees are demanding more focus on experiences.

How you say something is just as important as the words you're saying. Pay attention to how you use you vocal cues.

Today's Must Watch

 
How America's Legacy Of Racial Terror Still Affects Black Wealth 
 
 
 

Features

How America's Legacy Of Racial Terror Still Affects Black Wealth 
 

The decades after the civil war saw Black Americans slowly gain more economic and political power in some parts of the country. Some bought land, started businesses and built schools. But in many places where Black Americans succeeded, white Americans sought to destroy that success.

Watch
 

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