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Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills | Mint
A stream of negative news has rekindled calls from investors for Bayer to unlock value by spinning off its units. Bayer’s acquisition of Monsanto for $63 billion in 2018 left the company saddled with debt, restricting its ability to make acquisitions.
Monsanto ordered to pay additional $165 million to Seattle school employees over PCBs After nearly $870 million in verdicts from alleged PCBs exposure at Sky Valley Education Center, a jury has ordered Bayer’s Monsanto to pay an additional $165 million. The employees claimed that chemicals made by the company leaked from light fixtures and got them sick.
Monsanto hit with $165 million verdict over PCBs in... Six teachers and a custodian said exposure to the PCBs gave them cancer, brain injuries and other issues. The award included nearly $50 million in compensatory damages, and $115 million in punitive damages. Monsanto said in a statement that it will contest Monday's verdict.
Bayer's Monsanto Hit With $1.5 Billion Verdict in Latest Roundup Cancer Case A Missouri jury has ordered Bayer AG's Monsanto unit to pay more than $1.5 billion in damages to three former users of its Roundup weedkiller. This ruling is one of Monsanto's largest trial losses in the five-year litigation over the herbicide. Bayer plans to phase out glyphosate in the US consumer market by year's end.
EU to prolong authorization for controversial herbicide Controversial herbicide glyphosate will be approved for use in the EU for another ten years. EU member states failed to reach a qualified majority on allowing or banning use of the herbicide. Glyphosate is the key ingredient of Roundup, the flagship product of the now-defunct American agrochemical company Monsanto.
EU to renew herbicide glyphosate approval for 10 years Bayer welcomes decision taken by European Commission. Greenpeace says outraged by decision, process. Bayer acquired Roundup through its $63 billion purchase of Monsanto in 2018.
Man who blamed cancer on Monsanto weedkiller awarded $332 million Mike Dennis, 57, was diagnosed with a rare form of non-Hodgkin's lymphoma. He alleged in a lawsuit stemmed from decades of using Roundup weedkiller, made by Bayer-owned Monsanto. Dennis was awarded $7 million in compensatory damages and $325 million in punitive damages.
Man who blamed cancer on Monsanto weedkiller awarded $332 million A California jury has awarded $332 million to a man who said Monsanto weedkiller Roundup caused his cancer. Mike Dennis, 57, was diagnosed with a rare form of non-Hodgkin's lymphoma. A San Diego Superior Court jury concluded that Monsanto failed to warn consumers of Roundup's risks.
Man who blamed cancer on Monsanto weedkiller awarded $332 million Mike Dennis, 57, was diagnosed with a rare form of non-Hodgkin's lymphoma. He alleged in a lawsuit stemmed from decades of using Roundup weedkiller, made by Bayer-owned Monsanto. Dennis was awarded $7 million in compensatory damages and $325 million in punitive damages.
Man who blamed cancer on Monsanto weedkiller awarded $332 million A California jury awarded $332 million to a man who said Monsanto weedkiller Roundup caused his cancer. Mike Dennis, 57, was diagnosed with a rare form of non-Hodgkin's lymphoma. A San Diego Superior Court jury concluded that Monsanto failed to warn consumers of Roundup's risks.
EU can't reach decision on prolonging the use of chemical herbicide glyphosate The European Commission is expected to amend its proposal before another vote next month. If no consensus is found, the Commission will have the final say. The EU's food safety agency had paved the way for the 10-year extension. The chemical was introduced by Monsanto in 1974.
EU can't reach decision on prolonging the use of chemical herbicide glyphosate The European Commission is expected to amend its proposal before another vote next month. If no consensus is found, the Commission will have the final say. The EU's food safety agency had paved the way for the 10-year extension. The chemical was introduced by Monsanto in 1974.
What’s wrong with glyphosate? US chemical company Monsanto used glyphosate, a mixture of organic phosphorus compound with other substances, to create the weedkiller Roundup. Farmers worldwide continue to spray their fields with the herbicide to kill off green weeds before a crop is sown.
Escobar: The Abuse Of Europe Is Never-Ending While Hegemon Is Making A 'Killing' Over half of agro-Ukraine is now owned by Monsanto, Cargill and Dupont. U.S. weapons matrix and its satellites continue to profit immensely from what is in effect money laundering of public funds.
Glyphosate: Berlin calls for a ban in the EU Glyphosate is the active substance of Monsanto's well-known product Roundup. It is very widely used around the world. In 2015, it was classified as a "probable carcinogen" for humans.
Chicago sues Monsanto, says company contaminated city's water with PCBs. Monsanto denies it. PCBs were banned in the 1980s but continue to be released into waterways through storm water. The city's complaint says, "For decades, Monsanto knew that its commercial PCB formulations were highly toxic"
EU eyes re-authorization of glyphosate for 10 years The European Commission proposed on Wednesday to renew the authorization of herbicide glyphosate in the European Union for ten years. In 2017, it approved the herbicide, the most famous of which is Monsanto's Roundup, for only five years. The Commission even considered clearing glyphosate longer, aware it could not go beyond 15 years.
EU executive proposes 10-year glyphosate approval extension World Health Organization's cancer research agency concluded in 2015 that glyphosate was probably carcinogenic to humans. Other agencies around the world, including the U.S. Environmental Protection Agency (EPA) and the European Chemicals Agency, have classified glyphosate as non-carcinogenic. Germany's Bayer acquired Roundup through its $63 billion purchase of Monsanto in 2018.
US mother accuses GE and Bayer of causing son’s cancer Crystal Czerno accuses GE, Monsanto and its German owner Bayer of PCB pollution. Her nine-year-old son, Carter, developed leukemia and has undergone treatment.
Correction: Oregon-Monsanto Lawsuit story | AP News Oregon sues Monsanto over PCB pollution in waterways, soil. The state says PCB pollution has contaminated dozens of waterways and leached into ground soil. Monsanto produced PCBs from 1935 until 1977, two years before they were banned.
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