Business

Bayer is rallying after a judge slashed a payout over its cancer-linked Roundup weed killer by $55 million

4 monthes ago   |   By Business Insider

Bayer's stock climbed as much as 3% on Tuesday after a federal judge slashed a payout over its Roundup weed killer by nearly 70% to about $25 million.
A San Francisco jury determined Roundup caused a user to develop cancer and awarded him $75 million in punitive damages. The judge cut that to $20 million after deciding the original figure was "constitutionally impermissible" as it was too high relative to the $5.3 million in compensatory damages.
However, the judge said the conduct of Roundup-owner Monsanto, which Bayer acquired last year, was "reprehensible."
More than 13,000 farmers...
Read more ...

 

Bayer is rallying after a judge slashed a payout over its cancer-linked Roundup weed killer by $55 million

Bayer is rallying after a judge slashed a payout over its cancer-linked Roundup weed killer by $55 million

4 monthes ago   |   By Business Insider

Bayer's stock climbed as much as 3% on Tuesday after a federal judge slashed a payout over its Roundup weed killer by nearly 70% to about $25 million.
A San Francisco jury determined Roundup caused a user to develop cancer and awarded him $75 million in punitive damages. The judge cut that to $20 million after deciding the original figure was "constitutionally impermissible" as it was too high relative to the $5.3 million in compensatory damages.
However, the judge said the conduct of Roundup-owner Monsanto, which Bayer acquired last year, was "reprehensible."
More than 13,000 farmers...
Read more ...

 

US judge slashes Monsanto cancer victim's payout by $55 million

US judge slashes Monsanto cancer victim's payout by $55 million

4 monthes ago   |   By RT

A US federal judge has reduced the $80 million punitive damages award a jury ordered Monsanto to pay to California cancer victim to $25 million.
Read more ...

 




The New York Times editorial board calls for Trump's impeachment

The New York Times editorial board calls for Trump's impeachment

Over the past several weeks, editorial boards at well-regarded news organizations have begun calling for President Donald Trump's impeachment . On Saturday, the editorial board... Read more ...

Ex-Sudan president Omar al-Bashir sentenced to 2 years for corruption

Ex-Sudan president Omar al-Bashir sentenced to 2 years for corruption

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Giorgio Armani just dropped $17.5 million on a Manhattan penthouse that has...

Giorgio Armani just dropped $17.5 million on a Manhattan penthouse that has stained glass windows and looks like a church - here's a look inside

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What happened when US presidents Andrew Johnson, Richard Nixon, and Bill...

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Wedding website Zola says the Hallmark Channel won't air its commercial...

Wedding website Zola says the Hallmark Channel won't air its commercial featuring a same-sex couple getting married

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Bernie Sanders endorsed a congressional candidate who once regularly used...

Bernie Sanders endorsed a congressional candidate who once regularly used the N-word and repeatedly made crude comments about women

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The Geminids meteor shower peaks this weekend, with hundreds of multicolored...

The Geminids meteor shower peaks this weekend, with hundreds of multicolored shooting stars. Here's how to spot them

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We just got a stark warning that the US economy is slowing as trade tensions...

We just got a stark warning that the US economy is slowing as trade tensions persist

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Olivia Wilde says she doesn't believe her character in 'Richard Jewell'...

Olivia Wilde says she doesn't believe her character in 'Richard Jewell' traded sex for news tips, in response to recent backlash

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Trump calls report on China trade deal 'completely wrong'

Trump calls report on China trade deal 'completely wrong'

Trump claimed Friday that recent media reports on an interim trade agreement with China were false. Trump did not specify which story he was referring to. The Wall Street... Read more ...