Medical device maker Medtronic will cut 500 jobs in Minnesota, as part of an overall elimination of approximately 2,000 jobs worldwide. A Medtronic spokeswoman said 65 percent of the job cuts have already occurred. The rest will be eliminated in the current fiscal year.
It’s among the oldest stretches of interstate in the Twin Cities metropolitan area, and at 124,000 vehicles traveling the beltway each day, Interstate 694 is also among the area’s most heavily traveled.
While lawmakers in Washington are working around the clock to avoid going over the fiscal cliff, Minnesota’s medical device manufacturers face a tax hike of their own.
A Senate report out Thursday concludes Minneapolis-based Medtronic helped write and edit medical journal articles attributed to outside physicians which downplayed the risks of Infuse, the company’s best-selling bone graft, responsible for $800 million in annual sales.
Come out for the annual Twin Cities Marathon and get involved in the race and events surrounding it.
Hundreds of job cuts were announced today at General Mills. The food conglomerate, based in Golden Valley, is eliminating 850 jobs worldwide and about half of them in the Twin Cities.
Medical device maker Medtronic Inc. said Wednesday that federal prosecutors have closed their investigation of the company’s InFuse bone graft.
Fridley-based Medtronic announced Thursday morning it’s laying off about 220 workers from its Mounds View office.
More than 400 top local businesspeople are helping young job seekers hone their interview techniques this week at the Minneapolis Convention Center.
Skypeing with your doctor, surgeons helping with life-saving operations from hundreds of miles away, and a 3-D look at your heart that you can pull up on your iPad.
Medical device maker Medtronic Inc. has agreed to pay $85 million to resolve a federal class action lawsuit brought by a group of shareholders.
An armed robber confronted a woman and stole her car at the Medtronic site in Mounds View early Friday afternoon, according to police.
Medtronic Inc. says a panel advising the U.S. Food and Drug Administration has concluded that an experimental catheter from the medical device maker poses a potential health risk that outweighs its benefit to patients.
More than 20,000 people participated in Sunday’s Twin Cities Marathon and 10 mile. Many of them have stories of inspiration, pushing them to go the distance.
Federal health officials are warning patients that drug pumps recalled by Medtronic may fail to deliver drugs used to treat chronic pain, spasms and other conditions.
When Jay Radcliffe revealed three weeks ago that he’d found serious security holes in a popular type of insulin pump that diabetics wear, he kept two important details secret: the pump maker’s name, and the specific technique he used to hack the device.
Medtronic, the world’s largest medical device maker, says its fiscal first-quarter earnings slipped 1 percent as challenges in spinal products and its biggest business, implantable cardioverter defibrillators, countered other revenue gains.
Medical device maker Medtronic is warning patients about a rare problem with its SynchroMed drug pumps that can cause them to lose battery power and fail.
Medtronic Inc. Chairman and CEO Omar Ishrak on Tuesday defended the data that his company submitted to federal regulators as part of the approval process for a bone-growth protein, saying they were sound and support the safe use of the spinal surgery product.
Medtronic said Tuesday its profit dropped 19 percent in the fourth-quarter and the device maker predicted lower-than-expected growth for the year ahead due to a continuing slump in sales of its implants.
Medtronic Inc., the world’s biggest medical device maker, said Wednesday that Omar Ishrak of GE Healthcare will become its new chairman and CEO in June.
Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength.
Target Corp., Cargill Inc., General Mills Inc. and Medtronic Inc. are providing more than $13 million in grants to help support students in K-12 through 2014.
The outgoing chief executive of Medtronic told employees Monday he will continue to lead the medical device manufacturer as its board of directors continues the search for a replacement.
A federal judge in Delaware has ruled that certain heart pacemakers sold by Medtronic Inc. do not infringe patents claimed by rival medical device manufacturer Boston Scientific Corp.