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) -Apparel retailer Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. The company joins a growing number of American firms, including tech giant Facebook-parent Meta Platforms Inc and consumer companies Clorox Co and Wayfair Inc, to downsize its workforce…
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…
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 Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday maintained its long-term profit growth targets allaying investor concerns over a blow to its business from competition in the fast-growing Medicare Advantage segment, sending the health insurer’s shares up 4%. Centene received a lower “Star Rating” for its Medicare Advantage health offerings in October,…
By Kannaki Deka (Reuters) – 3M Co will cut about 6,000 positions globally in a second round of lay-offs this year, as the U.S. industrial conglomerate looks to rein in costs amid waning demand for consumer electronics. The diversified manufacturer said on Tuesday it will shift its focus to high-growth businesses, including automotive electrification and…
LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said on Tuesday that central banks should not ignore measures of money supply, but claims that their huge bond-buying programmes stoked the global surge in inflation are not backed up by evidence. Some politicians and analysts have blamed the waves of central bank money created…
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…
