By Blake Brittain (Reuters) – Jury selection is set to begin on Monday in Manhattan federal court for a trial over claims that British pop superstar Ed Sheeran owes a share of profits from his hit “Thinking Out Loud” for copying Marvin Gaye’s “Let’s Get It On.” Heirs of songwriter Ed Townsend sued Sheeran, his…
(Reuters) – Troubled lender First Republic Bank is exploring an asset sale of up to $100 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. A sales would help reduce the bank’s asset-liability mismatch, the report said. FRC did not immediately respond to Reuters request for comment. The news of the sale…
By Daina Beth Solomon MEXICO CITY (Reuters) – An impending change in U.S. border policy could put increased pressure on Mexico’s migrant detention system and lead to more reports of rights violations, migrant advocates have warned, in the wake of a fire that killed 40 people. On May 11 the U.S. is slated to lift…
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Tuesday the Biden administration’s signature Asian engagement project called the IPEF is designed to create no conflict with other trade agreements in the region, where China is expanding its clout. The Indo-Pacific Economic Framework (IPEF), which U.S. President Joe Biden launched last May, is aimed…
By Jonathan Stempel NEW YORK (Reuters) -Here is a timeline of former Elle magazine advice columnist E. Jean Carroll’s civil lawsuit accusing former U.S. President Donald Trump of rape and defamation, which goes to trial on Tuesday. June 2019 – Carroll publishes an excerpt from her memoir, “What Do We Need Men For? A Modest…
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden’s campaign launch video promises to protect Americans’ personal freedoms, seizing a theme often embraced by Republicans, as he attacked “MAGA extremists” for targeting women’s reproductive choice, Social Security and voting rights. Closely watched for clues as to what shape Biden’s 2024 presidential re-election campaign…
By Priyamvada C (Reuters) -United Parcel Service Inc on Tuesday pegged annual revenue at the lower end of its prior forecast and warned of persistent pressure on parcel volumes, sending shares of the world’s largest parcel delivery firm sharply down. The commentary from the freight bellwether could mean a delayed recovery in volumes for the…
By Priyamvada C (Reuters) – U.S. hotel operators are expected to post a rise in first-quarter profit even as they pour in money to lure travelers to make bookings directly through their websites, instead of turning to travel agencies. While bookings have been getting a boost from increased business and leisure travel, the investments hotels…
(Reuters) – United Parcel Service Inc said on Tuesday it was confident of reaching an agreement over a new contract with the International Brotherhood of Teamsters union by the end of July. “We are aligned on several key issues like solving the staffing needs for weekend delivery and ways to mitigate the summer heat in…
By Michael Holden and Sam Tobin LONDON (Reuters) -Britain’s Prince William settled a phone-hacking claim against Rupert Murdoch’s UK newspaper arm for a “huge sum” after a secret deal struck with Buckingham Palace, the heir’s younger brother Prince Harry said in court documents. Harry, the younger son of King Charles, is suing Murdoch’s News Group…
