Russia's ruble value is lowest ever as new sanctions loom

CNN Money: Russia's currency has hit its lowest level ever against the U.S. dollar as the risk of new Western sanctions threatens more economic damage. The European Union said Saturday it was preparing to issue new sanctions as soon as this week in response to signs that Russia had sent troops into Ukraine. The ruble has declined by about 13 percent this year. One dollar will now buy you about 37.5 rubles.

 

Uber temporarily banned across Germany by court ruling

New York Times: A court in Frankfurt has banned the ride-hailing service Uber from operating in the country until a hearing later this year on the legality of the service, which allows people to use their smartphones to book rides with freelance drivers. It's the latest in a number of legal setbacks that the San Francisco-based company has faced in Europe and North America as it tries to expand its car service globally.

 

ABC bets on David Muir as youthful anchor of 'World News Tonight'

New York Times: This week, David Muir, 40, will complete his rapid rise through the competitive ranks of TV news to the anchor chair at "ABC World News Tonight," succeeding Diane Sawyer.  ABC is betting that today's viewer is ready to swap a more traditional authority figure for someone open, accessible and accustomed to sharing his thoughts and feelings through social media.