Pranksters impersonating President Volodymyr Zelensky of Ukraine successfully deceived Federal Reserve Chair Jerome H. Powell into speaking with them in January, according to video clips featured on Russian state television and posted online. The deception was apparently executed by two ...

Lyft (LYFT) intends to “significantly reduce” its workforce, according to the company’s new CEO, David Risher, who informed employees of the decision on Friday. This move is part of a broader effort to turn the company around and achieve profitability. ...

Swedish furniture giant IKEA is embarking on a significant expansion in the U.S. Ingka Group, which owns the majority of IKEA stores and accounts for about 90% of the brand’s retail sales, revealed on Thursday its plan to invest $2.2 ...

Plaintiffs have successfully served Shaquille O’Neal after months of attempts by the law firm representing investors in a class-action lawsuit against the bankrupt FTX cryptocurrency exchange. According to attorney Adam Moskowitz’s office, O’Neal, 51, was served on Sunday afternoon outside ...

A company with a prominent student loan refinancing business is challenging the federal government in court to end its suspension of federal student loan payments, labeling it as “an illegal overreach of power.” SoFi filed the lawsuit in the U.S. ...

Alibaba will consider relinquishing control of some of its businesses if they decide to list as part of a restructuring into six semi-autonomous units, according to top executives. This move marks the Chinese tech group’s most significant overhaul in years. ...

Credit Suisse acknowledged a “material weakness” in its financial reporting on Tuesday and announced that it would forgo bonuses for its top executives following the bank’s worst annual performance since the global financial crisis. Chairman Axel Lehmann also proposed to ...

Tyson Foods has announced the closure of two chicken plants in May, which will impact nearly 1,700 employees. The company stated, “While the decision was not easy, it reflects our broader strategy to strengthen our poultry business by optimizing operations ...

A man has initiated a class-action lawsuit against Buffalo Wild Wings, alleging that its “boneless wings” are actually made from chicken breast and are more similar to chicken nuggets than actual wings. The lawsuit, filed by Aimen Halim in the ...

On Sunday, President Joe Biden announced that, at his direction, U.S. Treasury Secretary Janet Yellen and his chief economic adviser Lael Brainard collaborated with financial regulators to ensure that households and businesses impacted by the failures of Silicon Valley Bank ...