Business

Two Universal Music Group units sued Monster Beverage Corp on Wednesday for using music co-owned by the Beastie Boys in a promotional video, accusing the energy drink maker of copyright infringement.

Executives from Tesco (TSCO.L), the world's No. 3 retailer, could be grilled by a British parliamentary committee of lawmakers over its overstatement of profits, BBC radio reported on Thursday.

Shire Plc, which is in the process of being acquired by AbbVie Inc, has agreed to pay $56.5 million to resolve allegations of making false claims in the marketing of its ADHD drug Adderall XR and other medicines, the U.S. Justice Department said on Wednesday.