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Crops, Reuters

Bayer puts Roundup future claims settlement on hold

Judge questions proposal for third-party scientists to rule on chemical's carcinogenicity

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Reading Time: 2 minutes Frankfurt | Reuters — Bayer was forced on Wednesday to delay part of a proposed settlement of allegations that its widely used herbicide Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims. The German company said that lawyers representing those preparing a class action had withdrawn a request for […] Read more
Crops, Reuters

Bayer reportedly near glyphosate settlement after lengthy talks

Proposed settlement said to include $2 billion for future cases

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Reading Time: 2 minutes Reuters — Germany’s Bayer is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based herbicides cause cancer, two people familiar with the matter told Reuters. After more than a year of talks, however, some details and the overall amount of the settlement have yet to be finalised, one of the […] Read more
Crops, Reuters

Roundup cancer trial postponed to continue settlement talks

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Reading Time: < 1 minute Reuters — Bayer AG said on Friday it has reached an agreement with plaintiffs’ lawyers to postpone a Missouri jury trial over allegations its herbicide Roundup causes cancer, to provide room for negotiations to settle the litigation. “While Bayer is constructively engaged in the mediation process, there is no comprehensive agreement at this time. There […] Read more
Reuters

Beyond Meat shares crumble on stock offering surprise, demand for meatless burgers soars

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Reading Time: 3 minutes Reuters – Beyond Meat Inc’s shares tumbled on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages prompted an increase in its full-year sales forecast. Trading was volatile and shares fell more than 12 percent after hours on news of a 3.25 million […] Read more
Reuters

U.S. judge cuts $2 billion Roundup verdict against Bayer to $86 million

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Reading Time: 2 minutes Reuters – A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer, Roundup, for their cancer to $86.7 million. Superior Court Judge Winifred Smith of the California Superior Court in Oakland said the jury’s billion-dollar punitive damage awards were excessive and […] Read more
Crops, Reuters

Juror urges judge to uphold US$80M Roundup verdict

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Reading Time: 2 minutes Reuters — A juror who was part of a panel that delivered a US$80 million award against Bayer AG after finding that its glyphosate-based weed killer Roundup caused a man’s cancer has urged the presiding judge to uphold the decision. A letter from the juror written on July 4 was posted to the court docket […] Read more
Crops, Reuters

Judge to slash US$80 million Roundup jury verdict

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Reading Time: 2 minutes Reuters — A U.S. judge on Tuesday said he would reduce a US$80 million damage award against Bayer to US$50 million or less in the case of a man who blamed his cancer on glyphosate-based herbicide Roundup. U.S. District Judge Vince Chhabria in San Francisco said the jury’s $75 million punitive damages award to plaintiff […] Read more
Crops, Pulses, Reuters

Beyond Meat’s new competitor: Tyson’s pea-and-meat blended burger

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Reading Time: 2 minutes Reuters — U.S. meat processor Tyson Foods on Thursday launched its first vegetarian and mixed-protein products, including a beef and pea burger, as it seeks to compete with Beyond Meat and other companies catering to rising demand for plant-based alternatives to meat. Tyson is betting that meat eaters wanting healthier diets will see their blend […] Read more
Crops, Reuters

California jury hits Bayer with US$2 billion award

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Reading Time: 2 minutes Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the […] Read more

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