hearing
New York (AFP) - Manufacturing giant 3M said Tuesday it has reached a $6 billion settlement over claims by US military veterans that its earplugs were faulty and failed to protect their hearing. The company is hoping the agreement draws a line under the long-running legal saga, which has seen the company hit by thousands of lawsuits by veterans complaining of hearing loss. The mediated agreement will see 3M "contribute a total amount of $6.0 billion between 2023 and 2029, which is structured under the agreement to include $5.0 billion in cash and $1.0 billion in 3M common stock," 3M said in a...
AFP
Washington (AFP) - Over-the-counter hearing aids will for the first time be available to tens of millions of Americans, officials said Tuesday, in an effort to cut prices from $5,000 a pair. "For many Americans who suffer from hearing loss, safe and effective and high quality hearing aids have been unaffordable," health secretary Xavier Becerra told reporters in a briefing. The action, which should take effect in October, would reduce the cost of hearing aids by an estimated $2,800 per pair, by removing the requirement to see a doctor or audiologist, added Brian Deese, director of the White Ho...
AFP
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