Dwindling demand for pacemakers and defibrillators cut into Boston Scientific’s bottom line in the latest quarter. Profits fell 25 percent. The company announced layoffs earlier this year for some of the Twin Cities 5,000 Boston Scientific workers.
Twin Cities liquor store worker offers shoes off her feet to unhoused man
The man asked for boxes to use as makeshift shoes before the woman offered hers.
St. Paul PD releases footage showing fatal police shooting of Howard Johnson
The 24-year-old died after being shot by a St. Paul officer Monday night.
Minnesota's COVID update for the week ending Tuesday, Dec. 6
Minnesota's weekly COVID data has been released.
Want to buy a hotel? Minneapolis' biggest is going up for auction
The building is in foreclosure.
22 dogs taken in by Animal Humane Society from shuttered breeder
The dogs were taken in after a report stated there were too many on a single property.
Latest on the 2 snowstorms set to impact Minnesota
The first arrives Thursday night into Friday before a bigger system comes next week.
Police: Person hospitalized after alleged suicide attempt in jail
The incident happened Wednesday morning.
Cop who pepper-sprayed downtown protesters received $150K payout
Samantha Belcourt said she "feared for her life."
Animales Barbeque Co. looks to open brick-and-mortar location
The popular food truck has partnered with the owner of Billy Sushi.
Here are some 2022 holiday shipping deadlines to keep in mind
Most deadlines are a few days before Christmas Eve.
Boston Scientific acquires Plymouth-based BridgePoint
Massachusetts-based Boston Scientific is buying medical startup BridgePoint Medical Inc., the Star Tribune reports. The small privately held firm has developed an innovative system to clear coronary arteries without bypass surgery. Terms of the deal were not disclosed.
Boston Scientific chief earns nearly $12 million in less than three months
Michael Mahoney--Boston Scientific's future CEO--pulled in $11.78 million dollars in just 76 days on the job. Most of the compensation comes in the form of stock awards.
St. Jude Medical says third quarter profits fell 22 percent
St. Jude Medical, Inc. reported a 22 percent drop in profits for the third quarter, MarketWatch reports. The Little Canada-based medical equipment supplier and manufacturer posted a profit of $176 million, down from $227 million a year ago.
Capella Education's net profit plummets 49 percent in third-quarter
Capella Education, the parent company of the for-profit Capella University, says its third-quarter net income was $5.1 million, down nearly 50 percent compared to the $9.9 million it earned in the July-September quarter last year, the Associated Press reports. Even as total enrollment, revenue and net income fell, new student enrollment at the Minneapolis-based provider of online post-secondary education rose 10.5 percent compared to last year -- the first increase in nearly two years, Reuters reports.
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