Free Republic

<p>NATICK, Mass.—Boston Scientific Corp. plans to shed as many as 1,500 jobs worldwide, or 6 percent of its workforce, in an effort to cut costs.</p> <p>The company also said Thursday that its CFO is leaving. Boston Scientific is promoting its corporate controller to replace him.</p>

Freedom Works has put together a list of companies that will be laying of employees as a result of President Barack Obama's health care law: Welch Allyn Welch Allyn, a company that manufactures medical diagnostic equipment in central New York, announced in September that they would be laying off 275 employees, or roughly 10% of their workforce over the next three years. One of the major reasons discussed for the layoffs was a proactive response to the Medical Device Tax mandated by the new healthcare law. Dana Holding Corp. As recently as a week ago, a global auto parts manufacturing...

Snips from Excerpt only site: One of the 10 people arrested on Sunday as part of a Russian spy network aimed at infiltrating U.S. policymaking circles appears to have attended the Kennedy School of Government at Harvard University — one of the most influential venues in U.S. policymaking circles. The LinkedIn profile also lists Heathfield as a past partner at Global Partners Inc., a management consulting firm that lists Abbott Labs, Boston Scientific, and GE as clients. Global Partners' website also lists a Donald Heathfield. When Yahoo! News told Carolyn Quintin, one of Heathfield's partners at the firm, of his...

Boston Scientific has warned doctors that a small number of patients implanted with its heart-regulating devices have suffered unnecessary shocks. The medical device company said in a letter that 15 patients have received inappropriate electrical jolts from either Cognis or Teligen defibrillators, devices used to treat irregular heartbeats. As many as 8,000 patients could be at risk, the company said. No deaths have been reported with the issue.