Boeing CEO called NTSB chair to apologize after MAX probe rules violation

By David Shepardson WASHINGTON (Reuters) -Boeing CEO Dave Calhoun apologized and vowed the planemaker would follow government rules after the National Transportation Safety Board said the company provided non-public information speculating about possible causes on a 737 MAX mid-air emergency, the safety panel’s top official said on Wednesday. NTSB Chair Jennifer Homendy told Reuters Calhoun…

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US FTC to sue drug middlemen over insulin prices, WSJ reports

(Reuters) -The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health – the three largest pharmacy-benefit managers – over their tactics for negotiating prices for drugs including insulin, the Wall Street Journal reported on Wednesday. Pharmacy benefit managers, or PBMs, act as middlemen between drug companies and consumers. They negotiate fees and…

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Global lithium sector eyes Argentina’s salt flats on tech test run

By Daina Beth Solomon and Ernest Scheyder SALAR CENTENARIO, Argentina (Reuters) – In a dusty plain in northern Argentina’s mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high…

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NBA finalizes $76 billion broadcasting deal with Disney, Amazon, Comcast, Athletic reports

(Reuters) -The National Basketball Association has finalized a $76 billion deal that will make Comcast’s NBC and Amazon.com’s Amazon Prime Video new partners, while maintaining Disney’s ESPN as the home of the NBA finals, the Athletic reported on Wednesday, citing sources. The deal worth $76 billion will extend for 11 seasons, the report said, citing…

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