Carpenter Technology Corp. (CRS) announced that it has filed a lawsuit against Allegheny Technologies Incorporated alleging that two U.S. patents obtained by the latter are not valid.
Carpenter is seeking a declaration that it has not infringed on or is not infringing on the patents and seeks an order that the patents issued to Allegheny are not valid.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.