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The Philadelphia Inquirer
The Philadelphia Inquirer
Business
Catherine Dunn and Erin Arvedlund

Vanguard stopped buying Russian stocks. AmerisourceBergen said it's still supporting patients in drug trials there

Two big Philadelphia-area companies have taken different paths on their Russia-related businesses this week, as hundreds of firms are pulling business from the country after its invasion of Ukraine.

The fund giant Vanguard, based in Malvern, announced new steps to stop buying Russian stocks. In contrast, a division of pharmaceutical distributor AmerisourceBergen, headquartered in Conshohocken, was continuing operations in Russia as of Tuesday.

Meanwhile, major consumer brands including McDonald's, Coca-Cola, PepsiCo, and Starbucks all announced business suspensions in Russia on Tuesday.

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