Moderna Sues Pfizer/BioNTech For Patent Infringement Over COVID Vaccine
By Daniel Trotta (Reuters) -Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development…
August 26, 2022
Powell: Fed’s inflation fight could bring ‘pain,’ job losses
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed’s determination to…
Dollar Rebounds As Powell Commits To Fighting Inflation
By Karen Brettell NEW YORK (Reuters) – The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted…
Germany rethinks gas surcharge after backlash over profits
BERLIN (AP) — The German government is considering backtracking on plans for consumers to pay a surcharge on natural gas…
U.S. And China Reach Audit Deal In Boon For Chinese Tech Companies
By Scott Murdoch, Xie Yu and Samuel Shen HONG KONG (Reuters) – Beijing and Washington took a major step on…
Moderna sues Pfizer, BioNTech over COVID-19 vaccine patents
COVID-19 vaccine maker Moderna is suing Pfizer and the German drugmaker BioNTech, accusing its main competitors of copying Moderna’s technology…
Nasdaq, S&P 500 Muted Ahead Of Powell’s Speech
By Bansari Mayur Kamdar and Devik Jain (Reuters) – The S&P 500 and the Nasdaq were subdued on Friday in…
Wendy Schmidt gives big to protect oceans, planet’s future
As a child, Wendy Schmidt didn’t think about how the ocean intersected with human life. It was a nice place…
SpaceX, T-Mobile try to connect remote areas with satellites
Elon Musk’s SpaceX and T-Mobile are teaming up in an attempt to connect mobile devices through a network of satellites,…
U.S. Consumer Spending Misses Expectation In July; Inflation Slows
WASHINGTON (Reuters) – U.S. consumer spending barely rose in July, but inflation eased considerably, which could give the Federal Reserve…