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Bayer asks trial judge to reverse $2 billion Roundup jury verdict

21 hours ago DieselGasoil Comments Off on Bayer asks trial judge to reverse $2 billion Roundup jury verdict
(Reuters) – Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company’s glyphosate-based Roundup weed killer responsible for a couple’s cancer, arguing the jury decision was not supported by evidence. Monsanto Co’s Roundup is shown for sale in Encinitas, California, U.S., June 26, 2017. REUTERS/Mike Blake Read More

Bayer to invest 5 billion euros in weedkiller research

5 days ago DieselGasoil Comments Off on Bayer to invest 5 billion euros in weedkiller research
FRANKFURT (Reuters) – Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research. FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Read More

Bayer says to invest 5 billion euros in new weed killers

5 days ago DieselGasoil Comments Off on Bayer says to invest 5 billion euros in new weed killers
FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay/File Photo BERLIN (Reuters) – Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it Read More

Los Angeles sues Germany’s Bayer for decades-old contamination by Monsanto chemicals

3 weeks ago DieselGasoil Comments Off on Los Angeles sues Germany’s Bayer for decades-old contamination by Monsanto chemicals
Los Angeles, California has joined the parade of plaintiffs suing Bayer, holding the German company responsible for extensive environmental contamination caused by toxic chemicals its US subsidiary Monsanto sold decades ago. Claiming Monsanto hid its knowledge that the polychlorinated biphenyls (PCBs) it manufactured for 42 years were harmful, Los Angeles County is demanding the company Read More

U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks

4 weeks ago DieselGasoil Comments Off on U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer. Feinberg has been instructed to meet with lawyers for Bayer and plaintiffs within the next 14 days, U.S. District Judge Vince Chhabria Read More

‘Goopfellas’: Gwyneth Paltrow’s science-challenged wellness brand wants to rope in gullible men

4 weeks ago DieselGasoil Comments Off on ‘Goopfellas’: Gwyneth Paltrow’s science-challenged wellness brand wants to rope in gullible men
Gwyneth Paltrow’s infamous wellness empire Goop is expanding its visionary mission of selling overpriced hemorrhoid creams to insecure women: Now the scam will target men, too. Gender equity! World-renowned for hawking $100 ‘enriching’ face oils and $66 jade eggs that give your vagina Harry Potter powers, Goop has bravely debuted a podcast called ‘Goopfellas’ in Read More

Bayer hires law firm to probe Monsanto data collection

4 weeks ago DieselGasoil Comments Off on Bayer hires law firm to probe Monsanto data collection
FILE PHOTO: The so-called “Chempark”, the main plant and headquarters of German pharmaceutical and chemical maker Bayer AG is pictured along western Europe’s most important waterway in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay/File Photo BERLIN (Reuters) – Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by Read More

Bayer bets on ‘silver bullet’ defense in Monsanto Roundup cancer litigation

1 month ago DieselGasoil Comments Off on Bayer bets on ‘silver bullet’ defense in Monsanto Roundup cancer litigation
German pharmaceutical firm Bayer plans to argue that a $2 billion jury award and thousands of US lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be dropped. The company points to a US regulatory agency’s provision that the herbicide is not a public health risk. On Wednesday, Bayer said it will argue that Read More

Bayer confident of appeals of glyphosate weed killer court defeats: executive

1 month ago DieselGasoil Comments Off on Bayer confident of appeals of glyphosate weed killer court defeats: executive
FILE PHOTO: The logo of Bayer AG is pictured at the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay/File Photo NEW YORK (Reuters) – Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will Read More

Monsanto blowback: Bayer stock crashes to 7yr low after $2bn Roundup cancer verdict

1 month ago DieselGasoil Comments Off on Monsanto blowback: Bayer stock crashes to 7yr low after $2bn Roundup cancer verdict
German pharmaceutical firm Bayer lost 6.8 percent on share value in trading Tuesday after a US jury awarded a couple from California $2.055 billion in punitive damages for failure to warn of cancer risks of its Roundup pesticide. According to Monday’s ruling, Roundup weed killer was liable for causing cancer, while US agrochemical firm Monsanto, Read More