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...

SAN FRANCISCO, April 17 (Reuters) - Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round of job cut this year - as it races to reduce cost amid a broader slowdown in EV demand. This was a difficult decision, but a necessary one to support our goal to be gross margin...

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...

(Reuters) - Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of...