12:55 PM EDT, 04/25/2024 (MT Newswires) -- (Updates with comments by GSK and BioNTech starting in the fourth paragraph) GSK (GSK) filed a lawsuit against Pfizer ( PFE ) and BioNTech (BNTX) in a Delaware federal court on Thursday, alleging patent infringement related to the messenger RNA, or mRNA, technology used in the Pfizer-BioNTech Comirnaty COVID-19 vaccines. GSK said in...

12:55 PM EDT, 04/25/2024 (MT Newswires) -- Apple ( AAPL ) was accused by the Democratic Republic of Congo of sourcing illegally exported minerals from the country's war-torn east, the Financial Times reported Thursday, citing a letter by the government's lawyers to Apple ( AAPL ) Chief Executive Tim Cook. The letter says that Apple ( AAPL ) allegedly relies...

Carrier Global Corp ( CARR )  shares are trading higher, rebounding from earlier weakness following first quarter FY24 results. Net sales rose 17% Y/Y to $6.18 billion, missing the consensus of $6.28 billion. Adjusted operating profit of $927 million was up 44% Y/Y, driven by strong productivity and the contribution from Viessmann Climate Solutions. Margin expanded to 15.0% from 12.2% a year ago. The company...

12:59 PM EDT, 04/25/2024 (MT Newswires) -- Freshworks ( FRSH ) achieved and likely topped its financial targets in Q1, the results for which are set to be released next week, Oppenheimer said in a note Thursday. The firm attributed its forecast to a more focused sales organization and product led growth initiatives coupled with a low estimates bar. Offsetting...