Boston Scientific buys Vessix for blood pressure device

(Reuters) – Boston Scientific Corp said on Thursday it will acquire privately-held Vessix Vascular Inc, a developer of a catheter-based device that treats high blood pressure by deadening nerves near the kidneys.Under the terms of the deal, expected to close at the end of November, Boston Scientific will make an upfront payment of $ 125 million, plus...

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Bank refrains from new stimulus

8 November 2012 Last updated at 07:49 ETThe Bank of England has decided not to extend its quantitative easing (QE) stimulus programme, which has injected £375bn into the UK financial system. Under QE, the Bank creates money and uses it to buy government bonds to try to stimulate the economy.The Bank’s Monetary Policy...

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Ghana building collapse traps dozens, kills 1

ACCRA, Ghana (AP) — A five-story shopping center built earlier this year in a bustling suburb of Ghana‘s capital collapsed Wednesday, killing at least one person and leaving several dozen people trapped in the rubble, authorities and eyewitnesses said.Rescue crews used cranes to try and remove debris from the top of the building amid fears that machinery...

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Foxconn’s Gou says tough to cope with iPhone demand

TAIPEI (Reuters) – Taiwan’s Foxconn Technology Group said on Wednesday the company’s flagship Hon Hai unit is finding it difficult to cope with the massive demand for Apple Inc‘s iPhones.“It’s not easy to make the iPhones. We are falling short of meeting the huge demand,” Foxconn Chairman Terry Gou told reporters after a business forum. However,...

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MTV Launches Fundraiser for “Jersey Shore” Site Ravaged by Sandy

LOS ANGELES (TheWrap.com) – “Jersey Shore” might be wrapping up its run, but the spirit of goodwill and humanity that the MTV reality hit has inspired will carry on.MTV will air a one-hour fundraising special to help out Seaside Heights, N.J., the site where Snooki and her fellow orange-hued revelers played out most of their televised shenanigans, and...

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Researchers Link High Blood Pressure to Brain Aging

California scientists have reported structural changes in the brains of adult patients who are relatively young and who also suffer from hypertension. Their findings directly link high blood pressure to brain aging.The project, led by University of California Davis researchers, is the first to demonstrate this relationship in people just entering middle...

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The Next Four Years: Obama’s Steady, Slo-Mo Recovery

President Barack Obama promises to use his second term to boost the U.S. economy. The opposite is more like it: A strengthening economy will boost the president’s second term. The likelihood of continued job growth will increase tax revenue, which will make it easier to shrink the budget deficit while keeping taxes low and preserving essential spending....

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...

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News Summary: IDC says Apple tablet share drops

HEADING DOWN: Apple‘s share of the market for tablet computers fell to 50 percent in the third quarter as the iPad faced more competition.STILL UP: In the July-September period, Apple shipped 14 million devices, up 26 percent from a year ago. But its share fell because the overall tablet market grew by 50 percent. FACTORS:...

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Springsteen, Jay-Z put the pop in Obama rally

COLUMBUS, Ohio (AP) — Someone has to introduce the president.On Monday, the final day of the presidential campaign, President Barack Obama, however, didn’t bring along an opening act. He brought along two main acts. Bruce Springsteen. Jay-Z. Theirs wasn’t an introduction, it was pop culture moment.The Boss was spending...

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