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Medtronic Inc., Fridley, said it has submitted the final module of its premarket approval (PMA) application for the IN.PACT Admiral drug-coated balloon to the Food and Drug Administration. The application includes data demonstrating superior clinical outcomes compared with conventional angioplasty, with the lowest rates of repeat procedures (target lesion revascularization) and the highest rate of uninterrupted blood flow (priÂmary patency) at 12 months ever reported for the interventional treatment of Âperipheral artery disease.
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Business
Stock market today: Wall Street holds steady as market heads toward another winning month
Stocks are holding relatively steady as Wall Street coasts into the close of its latest winning month and quarter. The S&P 500 was little changed early Thursday after setting an all-time high the day before. It's roared roughly 10% in the first three months of the year as the market continues a nearly unstoppable run that began last October. The Dow Jones Industrial Average edged up 18 points, and the Nasdaq composite was down 0.1%. Both are also close to their records. Treasury yields were slightly higher in the bond market. U.S. markets will be closed for Good Friday.
Business
VP Harris says US agencies must show their AI tools aren't harming people's safety or rights
U.S. federal agencies must show that their artificial intelligence tools aren't harming the public, or stop using them, under new rules unveiled by the White House on Thursday.
Business
Applications for US unemployment benefits dip to 210,000 in strong job market
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security.
Business
It's a bittersweet Easter for chocolate lovers and African cocoa farmers but big brands see profits
Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa.
Business
US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter.