NEW PRODUCTS
Medtronic PLC, Fridley and Dublin, announced Food and Drug Administration 510(k) clearance and U.S. launch of the Euphora semicompliant balloon dilatation catheter, a pre-dilatation therapy used during a stent implantation to reopen a coronary artery narrowed by plaque buildup.
DEBT AND EQUITIES
Capella Education Co., Minneapolis, declared a quarterly cash dividend of 37 cents per outstanding share of common stock, payable July 15 to shareholders of record on June 3.
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Business
Kansas commits $304M to chip plant to lure federal funds
Kansas plans to give $304 million in taxpayer-funded incentives to a semiconductor company in its largest city to build a huge new factory, but the project won't go forward without funds the U.S. government has promised for rebuilding the nation's chip-making capacity.
Business
Sun Country reports industry-high completion factor during busy holiday season
The carrier, which reported fourth quarter earnings Thursday evening, said 2022 was a record year.
Business
Ford 4Q profit drops 90%, company says more cost cuts coming
Ford Motor Co. reported Thursday that its fourth-quarter net income fell 90% from a year earlier, leading company officials to say the automaker's costs are too high and to pledge more belt-tightening this year.
Business
Australia is removing British monarchy from its bank notes
Australia is removing the British monarchy from its bank notes.
Business
Amazon beats Q4 revenue estimates, but profits slump
Amazon on Thursday reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.
