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20 Minn. Companies Make Newest Fortune 500
ST. PAUL, Minn. (AP) – Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength. UnitedHealth Group was the top Minnesota company on the...
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Medtronic Says Canada Clears Heart Device
MINNEAPOLIS (AP) – 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. Ishrak, 55, will join the...
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Medtronic 4Q Profit Drops On Job-Cutting Expenses
NEW YORK (AP) – 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...
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Medtronic CEO Says Bone Growth Protein Is Safe
MINNEAPOLIS (AP) — 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,...
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Medtronic Warns Of Battery Problem With Drug Pumps
MINNEAPOLIS (AP) — 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. The company says it has...
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Medtronic Fiscal 1Q Profit Slips 1 Percent
MINNEAPOLIS (AP)– Medtronic Inc., the world’s largest medical device maker, saw its fiscal first-quarter earnings slip 1 percent as challenges in two of its biggest businesses countered overseas...
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Insulin Pump Maker Medtronic Identified After Hacking Talk
SAN FRANCISCO (AP) — 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...
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FDA Warns Of Battery Issue With Medtronic Pumps
(AP) — 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. The Food and Drug...
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83-Year-Old Marathon Runner Out To Beat The Odds
MINNEAPOLIS (WCCO) — 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. One woman, an...
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Medtronic: FDA Panel Rejects Heart Catheter
MINNEAPOLIS (AP) — 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...
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Armed Robbery, Carjacking At Medtronic
MOUNDS VIEW (WCCO) – An armed robber confronted a woman and stole her car at the Medtronic site in Mounds View early Friday afternoon, according to police. Police say the robber, who possibly had a...
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Medtronic Paying $85M To End Shareholder Lawsuit
MINNEAPOLIS (AP) — Medical device maker Medtronic Inc. has agreed to pay $85 million to resolve a federal class action lawsuit brought by a group of shareholders. The lawsuit sought damages for...
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A Tour Of Medtronic’s ‘Hospital Of The Future’
MINNEAPOLIS (WCCO) – 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. Medtronic says...
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Business Pros To Help Young Summer Job Seekers All Week
MINNEAPOLIS (WCCO) – More than 400 top local businesspeople are helping young job seekers hone their interview techniques this week at the Minneapolis Convention Center. From Monday to Thursday, the...
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Fridley-Based Medtronic Announces Job Cuts
MINNEAPOLIS (WCCO)– Fridley-based Medtronic announced Thursday morning it’s making some substantial job cuts. Company officials told the St. Paul Pioneer Press they are laying off about 220 workers...
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Medtronic Says Bone Graft Investigation Is Over
MINNEAPOLIS (AP) — Medical device maker Medtronic Inc. said Wednesday that federal prosecutors have closed their investigation of the company’s InFuse bone graft. The world’s largest medical device...
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General Mills, Medtronic Announce Job Cuts
MINNEAPOLIS (WCCO/AP) — 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...
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Twin Cities Marathon Preview
Twin Cities In Motion Start – Mall of America Field, Minneapolis Finish – State Capitol, Saint Paul www.tcmevents.org Date: Sunday, October 7, 2012 Since 1982, the Twin Cities Marathon has been an...
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Senate: Medtronic Shaped Articles Promoting InFuse
WASHINGTON (WCCO) – 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...
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Minnesota Medical Device Companies Face Tax Hike
ST. PAUL (WCCO) – 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. Part of the...
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