Abbott Laboratories beat Wall Street estimates for quarterly profit on Wednesday and raised the lower end of its annual forecast on robust sales of its medical devices, including glucose-monitoring products. Sales of Abbott's medical devices have been strengthened in recent quarters due to a resurgence in the demand for joint replacements as well as other surgeries delayed during the COVID-19 pandemic. Industry bellwether and rival Johnson & Johnson said on Tuesday it continues to expect...
The company is benefiting from a rebound in demand for nonurgent surgeries among older adults, who deferred those procedures during the Covid pandemic.
Three workers at global healthcare company Viatris discuss the highs and lows of working in the medical device development sector and advise those with an interest in the area. : What is it like to work in medical device development?
The Amarillo Independent School District board voted to approve an increase in medical insurance premiums.
Shares of Genuine Parts Company (NYSE:GPC) are trading 2% higher in
In 2010, Noah Wilson-Rich was juggling several jobs while earning his PhD in biology at Tufts University: He taught classes at several nearby universities, and one day a week, tended bar at a cafe in the lobby of the Hult International Business School. On one of his shifts, he overheard customers discussing a competition for entrepreneurs. The next day, he entered, pitching a company that would gather insect health data at beehives. “They were like, ‘The bartender won?’ said Wilson-Rich....
Citigroup Inc.’s profit topped analysts’ estimates as corporations tapped markets for financing and consumers leaned on credit cards — signs that a prolonged period of elevated interest rates will benefit big banks.
Home insurance companies are secretly taking photos of private residences with drones, surveillance balloons, and even manned planes to find reasons to drop you as a customer. [Read More]
The scarcity of inpatient psychiatric care is evident nationwide, especially in rural areas.
The scarcity of inpatient psychiatric care is evident nationwide, especially in rural areas.
A 70-year-old Metairie insurance firm is partnering with a Texas insurance company.
(Reuters) -Citigroup's profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Citi said in its investor presentation that it expects a headcount reduction of 7,000 and $1.5 billion in annualized savings from reorganization. Fraser began a sweeping reorganization in September to simplify the bank and improve performance.