Pfizer, one of the worlds largest drug companies, will pay Brigham Young University nearly half a billion dollars to settle a patent related lawsuit involving the company's blockbuster painkiller Celebrex.
NPR's Wendy Kaufman reports, the settlement comes as the case was about to go to trial.
NPR's business news starts with falling profits for UBS.
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GREENE: Suisse Bank UBS announced today that their profits fell 54 percent in the first quarter of this year. The drop is blamed on a decrease in investment banking income, and also because of an accounting charge on its debt.
The killing of Osama bin Laden in the Pakistani garrison town of Abbottabad one year ago Wednesday rocked the country's political and military establishment, and provoked widespread rage at what Pakistanis saw as a blatant violation of national sovereignty.
A year on, there are widely differing opinions among Pakistanis about the significance of the al-Qaida leader in a country where militant groups draw inspiration from him.
His legacy is in plain view at rallies across the country that evoke virulent anti-Americanism.
Flagstaff’s Southside Murdoch Community Center is about to get solar panels installed on its roof. That’s not innovative—but the way the panels are being paid for is. Thanks to 87 small-scale investors and a company named Solar Mosaic, the center will enjoy long-term energy savings without big upfront costs.
Solar Mosaic focuses on financing clean energy projects with help from what it calls the “power of the crowd.” So far the company has funded five solar projects in California and Arizona.
On a Wednesday, it's MORNING EDITION from NPR News. I'm Steve Inskeep.
DAVID GREENE, HOST:
And I'm David Greene. Nearly three years ago, Congress passed a federal hate crime law. It makes it illegal to target victims because of their race, religion or sexual orientation. The law drew protests from some Republican lawmakers and religious groups, who said it threatened their free speech rights. And the law has been used sparingly.
Americans are now eating more chicken than beef or pork. And meeting that demand is an industry that some have dubbed big chicken. Texas is a major player in the industry, and so now Texas must manage a problem that in other circumstances we might describe as fallout or blowback. Dave Fehling of member station KUHF in Houston explains what that problem is.
Vast as they are, the interrelated problems of Afghanistan, Pakistan and al-Qaida are only some of the problems the president faces - and that will be faced by whoever wins this fall's election. Egypt is preparing for a presidential election of its own, the first since a revolution toppled President Hosni Mubarak. And today, a protest related to that election led to deadly violence.