Latest Medical technology News
The EU will probe whether China is unfairly denying companies access to its medical devices market
BRUSSELS (AP) — The European Union announced on Wednesday an investigation into whether China is using unfair methods to deprive companies in Europe of access to its market for medical devices ranging from hypodermic needles to high-tech scanners. The probe launched by the European...
Boston Scientific: Q1 Earnings Snapshot
MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported first-quarter profit of $495 million. On a per-share basis, the Marlborough, Massachusetts-based company said it had profit of 33 cents. Earnings, adjusted for amortization...
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. The company said Monday after markets closed that it sees no signs that...
Haitians scramble to survive, seeking food, water and safety as gang violence chokes the capital
PORT-AU-PRINCE, Haiti (AP) — As the sun sets, a burly man bellows into a megaphone while a curious crowd gathers around him. Next to him is a small cardboard box with several banknotes worth 10 Haitian gourdes — about 7 U.S. cents. “Everyone give whatever they have!” the man...
Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range
ABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion Wednesday. The company, based in Abbott Park, Illinois, posted net income of 70 cents per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share. ...
Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also said Tuesday that care patterns in the year’s first quarter met its expectations after soaring...
Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing
WASHINGTON (AP) — The company responsible for a global recall of sleep apnea machines will be barred from resuming production at U.S. facilities until it meets a number of safety requirements, under a long-awaited settlement announced Tuesday by federal officials. Philips will be...
Gov. Youngkin signs a measure backed by abortion-rights groups but vetoes others
RICHMOND, Va. (AP) — Republican Gov. Glenn Youngkin signed 88 bills Friday and vetoed 11 others, including legislation that advocates said would have helped protect women and medical practitioners from potential extraditions related to abortion services that are legal in Virginia. ...
Man convicted in decadeslong identity theft that led to his victim being jailed
William Woods was homeless and living in Los Angeles when he learned that someone was racking up debt using his name. But when he reported his concerns to the branch manager of a bank, he wound up spending nearly two years locked up, accused of identity theft himself. As he...
Newmont, Shockwave Medical rise; John Bean falls, Friday, 4/4/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Shockwave Medical Inc., up $6.35 to $326.34. Johnson & Johnson is buying the medical device company in a deal worth about $13.1 billion. Norfolk Southern Corp.,...
