Amid a backlash against foreign investors, some executives are banned from leaving the country
The Camry, last overhauled for the 2011 model year, just got another face-lift
Laws require companies to pay state taxes on sheltered profits
Financial filings reveal the pay package Henrique de Castro received upon exit from the company.
Wal-Mart's new money transfers shows how the retailer can use its reach to push down costs
Skipping Rocks Lab develops a green alternative to all that plastic
Alessandro Borgognone wooed Japanese chef Daisuke Nakazawa to open the four-star New York eatery
Administrators quashed their food delivery service. Now they're focusing on other colleges
Prices are low, but there’s plenty of red tape
By Jason Bush
Photography by Valeri Nistratov/agency.photographer.ru
For months, Moscow has reeled from what Russians call the "krizis," or crisis. Now the pain is spreading to such far-flung industrial cities as Yaroslavl, 150 miles northeast of the capital.
Founded almost 1,000 years ago, Yaroslavl is proud of its historical and cultural heritage. The city is home to automotive parts makers, electrical-engineering and petrochemical plants, and factories owned by multinationals such as Eastman Kodak, Japanese heavy-equipment maker Komatsu, and German publisher Bertelsmann.
As local factories cut back working hours and lay off employees, unemployment is rising. The mood in the once-booming city has turned distinctly frosty.