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Moderna’s fourth-quarter profit tumbled 70% as COVID-19 vaccine sales fell and the drugmaker caught up on a royalty payment. Heavy research and development costs also weighed on Moderna as the vaccine developer looks to strengthen an income statement currently dominated by its Spikevax coronavirus preventive shots. Moderna said Thursday that its cost of sales jumped nearly a billion dollars to $1.9 billion in the final quarter of 2022. That included […]

NEW YORK (AP) — FTX founder Sam Bankman-Fried faced new fraud charges Thursday in a rewritten indictment unsealed in a New York federal court. The charges, including commodities and securities fraud, were unveiled with the unsealing of the refreshed indictment that was returned a day earlier. It was not known when Bankman-Fried would return to Manhattan for an arraignment. Twice in the last two weeks, he has appeared in court […]

BUCHAREST, Romania (AP) — Romanian President Klaus Iohannis discussed energy, economic and security issues in Bucharest Thursday with his visiting Moldovan counterpart, as the two neighbors seek to boost ties amid Russia’s war in Ukraine. Iohannis’ office said the talks with Moldovan President Maia Sandu would aim to bring her country closer to the 27-nation European Union, to which Romania belongs. Afterwards, Sandu said Moldova’s strategic partnership with NATO-member Romania […]

Medication abortions in the United States usually involve two different drugs. In the latest effort to limit abortion access, opponents of the procedure are seeking to ban one of those medications. If they succeed, only one of the pills would be available, but women would still be able to get abortions. Here’s a look at medications, efforts to curtail them and how clinics are responding. THE DRUGS The Food and […]

WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global challenges including climate change. The news comes days after Trump appointee David Malpass announced plans to step down in June from his role leading the 189-nation poverty reduction agency. His five-year term was due to expire in April 2024. […]

WASHINGTON (AP) — US nominates Ajay Banga, former Mastercard CEO, to lead World Bank, days after Trump appointee Malpass steps down. Brought to you by www.srnnews.com

BERLIN (AP) — A German court on Thursday convicted a Palestinian man from Syria of a war crime and murder for launching a grenade into a crowd of civilians waiting for food in Damascus in 2014. He was sentenced to life in prison. The 55-year-old, identified only as Moafak D. in line with German privacy rules, was arrested in 2021 in Berlin, where he had been living as a refugee. […]

TEL AVIV, Israel (AP) — An Israeli parliamentary committee on Thursday approved new funding for Benjamin Netanyahu and his family, giving the prime minister a boost in personal spending at a time when he is facing mass protests over his policies and as the economy is on shaky ground. The committee voted to approve public funds to cover expenses incurred by the Netanyahus at their private homes in Jerusalem and […]

PRAGUE (AP) — A Chinese pangolin has been born in the Prague zoo, the first birth of the critically endangered animal in captivity in Europe, and is doing well after initial troubles, the park said on Thursday. For the first few days after the baby female was born on Feb 2, park keepers were worried because it was losing weight. The reason was found to be that the mother, Run […]