June 13- The U.S. Supreme Court decided on Thursday that human genes cannot be patented, but said patents on synthetically produced genetic material are valid. The Supreme Court case involved Myriad Genetics Inc and its patents on two genes known to raise the risk of breast and ovarian cancers.
*Myriad Genetics shares up more than 10 percent after ruling. WASHINGTON, June 13- In a first of its kind ruling on human genes, a unanimous U.S. Supreme Court on Thursday decided that synthetically produced genetic material can be patented but naturally occurring DNA extracted from the human body cannot.
WASHINGTON, June 13- The U.S. Supreme Court on Thursday ruled partially for Myriad Genetics Inc on the closely watched issue of whether human genes can be patented, deciding synthetically produced genetic material can be patented but naturally occurring DNA cannot. Myriad's shares jumped more than 8 percent to $36.83 after the ruling was issued.
WASHINGTON, June 13- The U.S. Supreme Court on Thursday issued a mixed ruling in a case concerning patents held by Myriad Genetics Inc over the closely watched issue of whether human genes can be patented.
June 10- Monsanto Co. on Monday won another round in a legal battle with U.S. organic growers as an appeals court threw out the growers' efforts to stop the company from suing farmers if traces of its patented biotech genes are found in crops.
WASHINGTON, June 10- The internet video streaming service Netflix Inc does not infringe on Rovi Corp patents for interactive television program guides, an International Trade Commission judge said in a preliminary decision. Netflix had been accused of infringing on four Rovi patents but was found innocent in all cases.
WASHINGTON, June 4- Samsung Electronics scored a point on Tuesday over global rival Apple Inc in their long-running battle over mobile device patents. Today's decision has no impact on the availability of Apple products in the United States, " Apple spokeswoman Kristin Huguet said in a statement.
WASHINGTON, June 4- Apple infringed a patent owned by South Korea's Samsung Electronics in making several iPhone and iPad models, the U.S. International Trade Commission said in a final decision issued on Tuesday.
Obama's executive actions were aimed at improving incentives for high-tech innovation, a major driver of economic growth, the White House said in a statement. The White House also urged Congress to take further action to reform patent laws.
*Microsoft to pay $1 million up front to Vringo. Microsoft has agreed to pay $1 million and enter into a licensing agreement as part of the agreement, according to Vringo's U.S. regulatory filings. In the lawsuit, filed in U.S. District Court in Manhattan, I/P Engine said Microsoft had used search technology based on inventions by two employees of Vringo.
WASHINGTON, May 29- A trade panel that specializes in patent cases will reconsider a split decision made by one of its judges in a long-running patent battle between Samsung Electronics Co Ltd and Apple Inc.
WASHINGTON, May 20- The U.S. Supreme Court on Monday agreed to hear a patent dispute concerning Medtronic Inc over medical devices it manufactures that give the heart electrical jolts when it fails to pump blood properly.
Medtronic wants the Supreme Court to reverse an appeals court's finding that it had the burden of showing that it was not infringing on patents owned by Mirowski Family Ventures LLC and licensed exclusively to Boston Scientific Corp..
The world's second-wealthiest man explains to CNBC why workers in Europe and other parts of the developed world are at the "best" part of their career after they reach their 60s.
Tuesday, 18 Jun 2013 | 10:00 AM ETViolent protests broke out in eight Brazilian cities last night, with the worst violence occurring in Rio de Janeiro. Thousands of protesters threw Molotov cocktails and anything else they could find. The protests began over a 10-cent increase in bus and subway fares.
Tuesday, 18 Jun 2013 | 11:05 AM ETFBI Deputy Director Sean Joyce describes how NSA surveillance helped to detect and thwart a plot to bomb the NYSE.