Moderna agrees to up to $2.25 billion settlement in covid vaccine patent dispute

Moderna has agreed to pay up to $2.25 billion to resolve a global patent dispute with Genevant Sciences and Arbutus Biopharma over the lipid nanoparticle technology used in its COVID-19 vaccine, Spikevax. The agreement ends years of litigation over the delivery system that enabled mRNA vaccines during the pandemic. If fully executed, the......

Toyota and Stellantis exit Tesla emissions pool under EU rules

Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually for the electric vehicle manufacturer. The......

Israel says 300 Iranian missile launchers destroyed after six days of strikes

Israeli forces say about 300 Iranian ballistic missile launchers have been destroyed during the first six days of a joint U.S. and Israeli air campaign, but Iran’s extensive network of underground missile facilities continues to challenge efforts to eliminate the country’s missile capabilities. The strikes are part of “Operation......

Apple unveils six devices in two days during major spring launch

Apple introduced six new devices in two days as part of one of its most ambitious spring product launches in recent years, with at least one additional announcement expected during a hands on media event scheduled for Wednesday. The rollout began Monday, March 2, when the company revealed the iPhone 17e and the iPad Air powered by the M4......

Soros investment chief warns markets face 18 to 24 months of turmoil

Dawn Fitzpatrick, chief investment officer at Soros Fund Management, warned investors to prepare for a difficult period lasting up to two years as markets confront a combination of geopolitical tensions, instability in private credit, and the disruptive effects of artificial intelligence. Speaking at the Bloomberg Invest conference in New......

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