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Caraco Pharmaceuticals: US Supreme Court Rules For Generic Drugmaker On Patent

The U.S. Supreme Court ruled on Tuesday in favor of a generic drugmaker in a case over how companies can fight brand-name rivals in an effort to get their cheaper medicines to market. Caraco, a unit of India's Sun Pharmaceutical Industries, argued that the description of the patent for the diabetes drug, Prandin, was too broad and therefore prevented any generic from entering the market. It raised a counterclaim to challenge the description.
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IMF Inches Toward Deal On Boosting Firepower

The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
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Soros warns euro crisis could destroy the EU

Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.
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Lockheed wins $259 million deal for 2 more U.S. F-35s

Lockheed Martin Corp on Friday won a $259 million contract adding two more F-35 fighter jets to a fifth batch of jets being purchased by the U.S. military, boosting the size of that order to 32 jets, the Pentagon and Lockheed officials said.
F-35

F-35 Lifetime Cost Estimate - $1.45 Trillion: Study

The U.S. government now projects that the total cost to develop, buy and operate the Lockheed Martin Corp F-35 Joint Strike Fighter will be $1.45 trillion over the next 50-plus years, according to a Pentagon document obtained by Reuters.
More from Kinect than just gaming?

Kinect for Windows 1.5 Features 10-Joint Skeletal Tracking: What Else?

In an announcement this week, Microsoft said the next version of the Kinect for Windows will be available at the end of May, with a 1.5 version of the software that works with it. The new Kinect for Windows 1.5 will come with a few new features, such as Kinect Studio, which will allow developers to record, playback and debug users' clips.
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EU to fine UPS, other logistics firms over cartel

EU antitrust regulators are set to fine 13 logistics firms, including UPS, Panalpina and Expeditors, on Wednesday for taking part in a cartel, two people familiar with the matter said on Tuesday.
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Lockheed welcomes Norway backing of F-35 fighter

Lockheed Martin Corp on Friday welcomed news that Norway planned to increase its order for F-35 Joint Strike Fighter jets by four planes, and was considering pulling forward the delivery of two initial training jets by one year to 2015.
Apple Flags 3-M New iPads Sold So Far, Reveals Planned Dividends, Share Buybacks

New iPad Release: Apple Sells 3 Million Units in 3 Days Since Launch

In three short days, Apple has sold off more three million copies of its third-generation iPad, simply called the new iPad, the company said in a statement released Monday. The new iPad features a stunning new Retina Display, which is the best screen to ever grace a tablet, the speeds of 4G LTE connectivity, an improved 5-megapixel iSight rear camera, and a bigger battery to power 10 hours of life.
Denmark queen Margrethe II

Danish Queen sets stage for Tivoli Nutcracker

Denmark's Queen Margrethe II is designing stage sets and costumes for a new production of The Nutcracker that will situate the ballet with Tchaikovsky's music in Copenhagen in the era of Hans Christian Andersen.

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