April 17 (Reuters) - The U.S. Food and Drug Administration on Wednesday classified a recall of Boston Scientific's ( BSX ) device used to block blood flow during excessive bleeding or hemorrhaging as most serious. An investigation showed that Boston's device, Obsidio Embolic, when used with a specific technique posed a higher risk of bowel ischemia during procedures to stop...

April 17 (Reuters) - Tesla plans to lay off 285 employees in Buffalo, New York, a legally mandated notice showed on Wednesday, as the electric-vehicle maker trims 10% of its workforce. The notice was issued under the Worker Adjustment and Retraining Notification (WARN) Act which requires employers to provide a 60-day notice before layoffs. The company has a total of...

WASHINGTON/HOUSTON, April 17 (Reuters) - The U.S. will not renew a license set to expire on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro's failure to meet certain election commitments, senior U.S. officials said. Just hours before the deadline, the U.S. Treasury Department announced on its website that it...

By KyawSoe Oo and Ismail Shakil BRAMPTON, Ontario, April 17 (Reuters) - Canadian and U.S. authorities said on Wednesday six people have been arrested and three more are being sought in connection with what they called the largest gold heist in Canadian history -- a cargo of over C$22 million ($16 million) in gold and currency. The suspects, including two...