Written by
(AP) — Shares in German farm chemicals, materials and drug company Bayer have plunged in the wake of a U.S. court verdict against Monsanto, which Bayer has acquired.
Shares of Leverkusen-based Bayer fell 11 percent Monday in morning trading in Europe to 83.09 euros per share.
A jury in U.S. federal court in California delivered a $289 million verdict Friday on behalf of a former school groundskeeper who said that exposure to Monsanto’s Roundup weed killer caused his non-Hodgkin’s lymphoma, a form of cancer. Monsanto said government agencies and hundreds of studies have concluded Roundup is safe.
Bayer completed its takeover of Monsanto on June 7. It says it will no longer use the Monsanto name.
Related Posts
-
Best of Central Valley Business Awards: Professional services and business support winners Posted: December 20, 2024 at 3:08 pmOn Tuesday, Dec. 10, The Business Journal hosted its 11th
Read more » -
Florida agriculture hit with $190M losses from Hurricane Milton Posted: at 2:29 pmFlorida agriculture suffered more than $190 million in losses from
Read more » -
What’s next for the man charged with killing UnitedHealthcare’s CEO? Posted: at 2:29 pm
The man accused of gunning down United Healthcare’s CEO outside
Read more » -
Minneapolis softens law on obstructing abortion clinics in response to free-speech lawsuit Posted: at 2:29 pm
Minneapolis has softened an ordinance that prohibited the obstruction of
Read more »
Central Valley Biz Blogs
-
From dishwasher to Navy officer: Lt. Jose MendezAmbriz’s journey
Posted: December 17, 2024 at 10:55 am
One of my favorite sections of our weekly newspaper is
Read more » -
BLOG: Tax assessor? Not quite — here’s the real scoop on property taxes in Fresno
Posted: December 16, 2024 at 4:39 pm
In this festive season, as I gather with friends and
Read more »
