Boston Scientific ($BSX) is closing facilities in San Jose and Fremont, CA, and moving their operations to Costa Rica at a cost of 455 U.S. jobs. Under the Worker Adjustment and Retraining Notification Act of 1988, companies are required to notify states of certain layoffs. Boston Scientific’s WARN notice says that 284 employees will be cut due to the plant closure in Fremont. 171 will be cut in San Jose.
The Senate Finance Committee held a hearing on physician-owned distributorships to explore how physicians receive revenue from medical devices used in surgery with PODs. Previous investigations and reports have shown physicians are more apt to […]
This year marks the 10th edition of our World’s Most Innovative Companies ranking. Our reporting team sifts through thousands of enterprises each year, searching for those that tap both heartstrings and purse strings and use the […]
More than 95 percent of the world’s consumers live beyond U.S. borders. free trade agreements, which eliminate tariffs and other barriers that prevent American firms from selling their wares on equal terms with foreign competitors, […]