News
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'For us, the Pope is Peruvian': Andean nation cheers election of Pope Leo XIV
By Marco AquinoLIMA, May 8 (Reuters) - In the Peruvian coastal city of Chiclayo, some 5,000 kilometers (3,000 miles) from new Pope Leo XIV's hometown of Chicago, Catholics took to the streets and church bells rang on Thursday to celebrate the election of the former missionary who they embrace as...Reuters
Thu, May 8
Judge grills Trump administration over order against law firm Susman Godfrey
Susman Godfrey represents Dominion Voting Systems in election-related litigationJudge questioned rationale for punishing firmLawyer for firm said Trump's orders seek to intimidate law firmsBy Mike Scarcella and David Thomas May 8 (Reuters) - U.S. law firm Susman Godfrey asked a judge in Washi...Reuters
Thu, May 8
Aspen closes up 8% on first day of trading after IPO
By Michael LoneyMay 8 - (The Insurer) - Aspen Insurance Holdings Limited’s share price closed up 8.3% on its first day of trading following its initial public offering, while American Integrity Insurance Group closed up 5.6% on its market debut.Both companies began trading on the New York Stock Exch...Reuters
Thu, May 8
Amazon, Apple seek legal fees as sanction in US consumer lawsuit
By David Thomas and Mike Scarcella May 8 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)Apple and Amazon have asked for a combined $223,000 in sanctions against a prominent class action law firm, accus...Reuters
Thu, May 8
US wants to spend billions to revamp aging air-traffic control system
Airlines say at least $31 billion is neededTrump administration wants billions for new radar, equipment, facilitiesCongress is expected to decide total funding in coming monthsBy David Shepardson WASHINGTON, May 8 (Reuters) - U.S. Transportation Secretary Sean Duffy unveiled a plan on Thursday to...Reuters
Thu, May 8
Sun Life Financial profit rises on growth in Asia, wealth management
May 8 (Reuters) - Sun Life Financial SLF.TO on Thursday reported a rise in first-quarter profit, as the life insurer was helped by strength in its Asian markets and wealth management business. The company's net income was C$928 million ($666.9 million), or C$1.62 per share, for the three months ...Reuters
Thu, May 8
Southwest lawyers don't need 'religious liberty training,' US appeals court says
By Daniel Wiessner May 8 (Reuters) - A U.S. appeals court on Thursday said a federal judge in Texas lacked the power to order in-house lawyers at Southwest Airlines to attend "religious liberty training" after a flight attendant won a religious discrimination lawsuit.A unanimous three-jud...Reuters
Thu, May 8
Pope who? Election of first US pontiff stuns St. Peter's crowd
Americans in St. Peter's square ecstatic over news of US pontiffMany in crowd of 100,00 did not realize first U.S. pope had been electedCrowd fell silent initially, but warmed to new pope when he appeared on balconyBy Angelo Amante and Philip PullellaVATICAN CITY, May 8 (Reuters) - When Cardinal...Reuters
Thu, May 8
US says solution for Gaza aid is 'steps away' as aid groups raise alarm
By Simon Lewis, Daphne Psaledakis and David BrunnstromWASHINGTON, May 8 (Reuters) - The U.S. State Department said on Thursday a solution to be able to deliver food aid to Gaza was "steps away" and an announcement was coming shortly, as the aid community expressed skepticism that the plan wo...Reuters
Thu, May 8
Trump urged US House Speaker Johnson to raise top tax rate, sources say
Trump suggests raising top tax rate to 39.6% for high earners, two sources sayRepublicans face pressure from MAGA base to tax the wealthyHouse Republicans struggle with spending cuts to offset tax changesBy David Morgan and Steve Holland WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump p...Reuters
Thu, May 8
Federal Realty lifts annual FFO forecast on strong leasing demand
May 8 (Reuters) - Federal Realty Investment Trust FRT.N beat first-quarter expectations for funds from operations (FFO) and raised its annual FFO forecast on Thursday, helped by resilient demand for its grocery-anchored commercial retail spaces.With the supply of rental spaces shrinking, commercial ...Reuters
Thu, May 8
Soccer-Man United reach Europa League final after dispatching Athletic Bilbao
By Lori EwingMANCHESTER, England, May 8 (Reuters) - Manchester United booked their berth in the Europa League final after a 4-1 semi-final win Athletic Bilbao on Thursday, with Mason Mount scoring twice to hand the hosts a 7-1 aggregate win and a chance for the beleaguered team to hoist some silver...Reuters
Thu, May 8
EXCLUSIVE-US military to start kicking out transgender troops next month, memo says
Trump has taken aim at transgender rights since coming into officeSupreme Court on Tuesday gave a green light for Pentagon to implement banAdvocate says move is 'shameful'By Phil Stewart and Idrees Ali WASHINGTON, May 8 (Reuters) - U.S. Defense Secretary Pete Hegseth has issued internal i...Reuters
Thu, May 8
ADVISORY-Alert incorrectly tagged to Australia's WhiteHawk Ltd withdrawn
An alert on natural gas mineral company WhiteHawk Income Corporation acquiring PHX Minerals PHX.N was incorrectly tagged to Australia-based global online cybersecurity exchange company WhiteHawk Ltd WHK.AX, an unrelated entity and has been withdrawn.For the correct alert on the acquisition, click nF...Reuters
Thu, May 8
REFILE-TREASURIES-US yields hit multi-week highs on global trade hopes
US-UK trade deal spurs Treasuries selling in risk-off marketUK trade deal not a game changer, but a good start, analyst saysUS 10-year yield hits two-week peakUS 30-year bond auction shows lackluster resultsBy Gertrude Chavez-Dreyfuss NEW YORK, May 8 (Reuters) - U.S. Treasuries yields on Thursday...Reuters
Thu, May 8
US judge to weigh releasing detained Tufts student on Friday
Rumeysa Ozturk was arrested on March 25 in Boston suburbGovernment cites pro-Palestinian newspaper opinion pieceShe is detained by US authorities at Louisiana facilityBy Nate Raymond May 8 (Reuters) - A federal judge decided on Thursday not to wait for President Donald Trump's administration ...Reuters
Thu, May 8
Russia and China mark victory in WW2 as Ukraine war grinds on
Putin and Xi to attend Red Square paradeSoviet Union lost 27 million people in WW2Ukrainian drone attacks could disrupt paradeBy Dmitry Antonov and Guy Faulconbridge MOSCOW, May 9 (Reuters) - Russia marks the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War Two on...Reuters
Thu, May 8
