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Shell says it expects to lose up to $5 billion for pulling out of Russia.
In an update to investors, the oil company projected a huge financial hit from its exposure to Russia.

Blamed for high gas prices, oil executives will defend themselves at a House hearing.
Leaders of Exxon Mobil, Chevron and four other companies are likely to face tough questions from a House committee on Wednesday morning.

Twitter adds Elon Musk to its board of directors.
After becoming Twitter’s largest shareholder, Elon Musk, Tesla’s chief executive, is joining the social media company’s board of directors.

N.C.A.A. Men’s Championship Live: North Carolina, Kansas Play for Title
The Kansas Jayhawks and North Carolina Tar Heels finish a zany N.C.A.A. tournament with a final in New Orleans. The game begins about 9:20 p.m....

Elon Musk buys a large stake in Twitter.
The purchase makes the Tesla chief executive, who has been critical of Twitter’s content moderation policies, its biggest shareholder.

N.C.A.A. Women’s Tournament Live: UConn, South Carolina Meet for Championship
Connecticut and South Carolina are playing in Minneapolis in the national championship game of the N.C.A.A. tournament. The game begins at 8 p.m. Eastern and...

Men’s Final Four Live: Villanova Meets Kansas, Duke Faces U.N.C.
Villanova plays Kansas for a spot in the N.C.A.A. tournament championship game (6:09 p.m. Eastern, TBS). The winner will play the victor of a rivalry...

Women’s Final Four Live: South Carolina vs. Louisville, Stanford vs. UConn
South Carolina meets Louisville for a spot in the championship game (7 p.m. Eastern, ESPN). They will be followed by Stanford, the reigning champion, playing...

World Cup Draw Live: High Drama in Doha
The field for this year’s World Cup in Qatar is (nearly) complete. Today, the teams who have qualified will learn their opponents.

Energy prices in Europe soar 45 percent as inflation hits another record.
A continued run-up in prices shows how rapidly the impact of the war in Ukraine is coursing through Europe’s economy.