By Jonathan Stempel NEW YORK (Reuters) -Donald Trump is free to skip a New York trial over accusations he raped a writer nearly 30 years ago, but jurors will for now not be told his absence was meant to avoid snarled traffic and heavy security, a federal judge ruled on Thursday. U.S. District Judge Lewis…
SAO PAULO/BRASILIA (Reuters) -Brazil’s finance minister said on Thursday the country would implement a “digital tax” on shipments from e-commerce giants, after backtracking earlier this week from a decision to tax individual-to-individual shipments of up to $50. “We will follow the example of developed nations, a digital tax,” Finance Minister Fernando Haddad told reporters. “Consumers…
By Amna Karimi and Abhijith Ganapavaram (Reuters) -Union Pacific Corp’s chief executive officer said on Thursday the railroad operator was considering slowing down the pace of hiring in the second half of the year amid a cloudy economic outlook, becoming the latest U.S. company to evaluate its staffing plans. CEO Lance Fritz told Reuters in…
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Loretta Mester said on Thursday the U.S. central bank still has more interest rate increases ahead of it, while noting the aggressive move to boost the cost of borrowing over the last year to quash high inflation is nearing its end. “Demand is still…
By Kate Abnett BRUSSELS (Reuters) – The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally…
By Emilio Parodi and Mimosa Spencer MILAN/PARIS (Reuters) -Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators inspected Gucci’s Milan headquarters this week as part of an investigation spanning several countries and companies. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department said on Thursday it reached a settlement with memory chipmaker Micron Technology Inc to resolve an allegation of immigration-related employment discrimination. “The settlement resolves the department’s determination that Micron violated the Immigration and Nationality Act (INA) by discriminating against a U.S. citizen when it failed to…
By Nandita Bose WASHINGTON (Reuters) -Republican U.S. lawmakers on Thursday criticized President Joe Biden’s nominee for U.S. labor secretary, Julie Su, saying she dismantled the gig economy, hurting companies such as Uber and DoorDash Su, a civil rights lawyer and former California labor commissioner, found unequivocal support from several Democrats on the committee. She needs…
By Andrew MacAskill and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak will delay until at least Friday the publication of a report into claims that his deputy bullied staff, two government officials said, despite having had hours to review the findings and reach a conclusion. Sunak spent much of Thursday considering the findings…
By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet to win American customers as other big-box retailers close stores. Sweden’s IKEA, which opened its first U.S….
