Medtronic hopes to expand share of diabetes management market with new acquisition
Medtronic is buying Companion Medical, a San Diego-based firm makes the only smart insulin pen with an integrated diabetes management app approved by the Food and Drug Administration.Terms of the deal announced Tuesday were not disclosed.The FDA in June expanded Companion Medical’s InPen for use in all people over 7 years of age. Through use of the app, patients can receive custom doses of insulin through a more manageable and reusable pen.“This acquisition is an ideal strategic fit for Medtronic as we further simplify diabetes management and improve outcomes by optimizing dosing decisions for...
Star Tribune (Minneapolis)
People are drinking more during COVID-19. Here's some advice on how to cut down
CHICAGO — The pandemic has everyone stuck at home, where alcohol and snacks are within easy reach. So if you find that you’re drinking more, you’re not alone. From March to June, the COVID Symptom Study found 20% of their almost 100,000 participants reported increased drinking since the pandemic began. During the week of March 21 alone, U.S alcohol sales rose 55 percent, according to the market research firm Nielsen.Dr. Subhash C. Pandey, a professor and the director of the Alcohol Research Center at the Department of Psychiatry at the University of Illinois at Chicago, said it’s understandabl...
Northwest's small pig farmers face promise and perils amid the coronavirus pandemic
KINGSTON, Wash. — On a visit to Tania Issa’s farm, you won’t find any pink-skinned pigs reared to produce the lean “other white meat” once touted in pork industry advertising campaigns.She raises Mangalitsas, an eastern European breed that sport startling coats of red, black and blonde wool. They yield richly colored meat marbled with a creamy white fat. They are free to ramble around much of her family’s 23-acre property and supplement their daily rations of barley, wheat and field peas by munching on blackberry brambles, Scotch broom and bugs dug out of the earth.Issa and other small Washing...
The Seattle Times
Ford declares war with all-new Bronco as Jeep Wrangler demand spikes
DETROIT — Josh Gracin texted Thad Szott in an attempt to get on a buyer list for the 2021 Ford Bronco.But there is no list yet, not even for country music singers in Nashville.“People are so excited to get their hands on the Bronco,” said Szott, co-owner of Szott Auto Group in White Lake Township, Mich. “Every time I post something on my social media to let them know the timeline, I get about 10 people begging me to get them on the list. But they have to go to the Ford website and pick a dealer. But people are, like, ‘Please help me.’ “It’s not just hype, he said, “it’s so real.”These are buye...
Detroit Free Press
Massive firms pull ads from Facebook over 'hateful' and 'racist' content
Global products giant Unilever, which reported spending $9 billion on ads and marketing last year, on Friday became the latest large company to pull ads from Facebook over content on the platform. Telecommunications firm Verizon on Thursday also joined a pressure campaign to force the Menlo Park social media titan to take action against content seen as racist and divisive, saying it was pulling ads indefinitely.Unilever’s withdrawal of U.S. Facebook ads will last till the end of the year, and the European conglomerate said it would also stop buying ads on Twitter for the same time period. “The...
The Mercury News
Study: GM will lose US market share as it redefines its future
DETROIT — General Motors is risking its U.S. market share in a long-term play to offer an all-electric vehicle lineup.But it is the smart play for GM’s future, experts say, especially if federal fuel economy regulations increase or gasoline prices drive higher.That was a conclusion laid out Thursday by John Murphy, senior automotive analyst at BofA Securities, during a presentation of its annual Car Wars report.“You have the gap period of time where you can ride the wave of your profitable products for a few years, so (shifting to electric powertrains) won’t impact GM for the next two years,” ...
Detroit Free Press
Ford exec predicts new Bronco will lure Jeep customers away from FCA
While “Jeep dominates” the popular off-road vehicle market, Ford Motor Co. is strategically planning to steal customers from Fiat Chrysler Automobiles, Jim Farley, chief operating officer, told Wall Street analysts this week.Target: Jeep Wrangler buyers.Ford has kept hidden the design of its upcoming new model. However, the company has hinted that the Bronco R hints at the design of the upcoming Bronco.“This is our opportunity,” Farley said at the 2020 Global Auto Industry Conference hosted by Deutsche Bank.“Ford has proven credibility in the off-road space,” he said.The Dearborn automaker rec...
Detroit Free Press