SALEM, Ore. (AP) — An herbicide that caused the death of more than 2,000 trees in Central Oregon is facing new regulations despite objections from agrichemical giant Bayer AG.
BERLIN (AP) — French activists have spray-painted the Paris headquarters of Bayer AG and plastered it with signs to protest its production of environment-damaging pesticides.
Germany’s Bayer vows strong defense in Roundup cancer cases
BERLIN (AP) — Germany's Bayer AG, which bought Monsanto Co. last year, has underlined its determination to fight cases involving the Roundup weed-killer in the face of more than 11,000 lawsuits so...
Stock market turmoil pushes Norway’s oil fund to loss
COPENHAGEN, Denmark (AP) — Volatility in stock markets last year pushed Norway's sovereign wealth fund, the world's largest of its kind, to report a loss of 485 billion kroner ($56.4 billion) for...
German pharmaceutical company Bayer cutting 12,000 jobs
BERLIN (AP) — German pharmaceutical giant Bayer AG says it's cutting 12,000 jobs worldwide as it seeks to reduce costs.
The Leverkusen-based company said Thursday that details of the cuts to its 118,200-stong workforce would be worked out in coming months but that "a significant number" of the reductions would come in Germany.
Bayer officials vague on lawsuit strategy, despite liability
It's been nearly three weeks since the merger between Bayer AG and Monsanto officially began its integration, about two months since the deal closed and nearly two years since the planned deal was announced.
Despite that, newly appointed Bayer officials are vague on how they plan to handle the mountain of lawsuits inherited from Monsanto over pesticides such as glyphosate and dicamba.
Germany’s Bayer says it can start integrating Monsanto
BERLIN (AP) — German pharmaceutical company Bayer AG says it can now start integrating U.S. seed and weed-killer maker Monsanto Co. after completing the required sale of some of its crop science business.
Bayer became Monsanto's sole owner in June but had to hold off on integrating Monsanto while it completed divestments demanded by regulators. Its acquisition of Monsanto cost some $63 billion including debt.
Review: ‘Seeds of Science’ explores GMO crop debates
"Seeds of Science: Why we got it so wrong on GMOs" (Bloomsbury), by Mark Lynas.
Mark Lynas has written a timely and important book about changing sides on the controversial topic of genetically modified crops, or GMOs. Whether you support or oppose that technology, "Seeds of Science" is full of surprises.
FULTON, Mo. (AP) — The latest addition to the National Churchill Museum in Missouri is a testament to the longtime British prime minister's artistic, rather than political, skills.
The former Monsanto Co. on Friday donated a painting by Churchill to the museum at Westminster College in Fulton, where Churchill delivered his famous "Iron Curtain" speech in 1946.
The work, "Lake Scene at Norfolk" from around 1935, shows a tranquil scene of a tree-lined lake. Its value was not disclosed.
ST. LOUIS (AP) — For decades, Monsanto Co. has been among St. Louis' most generous companies, leaving some nonprofit organizations in the region to wonder what the future holds, now that the agricultural company has been purchased.
Bayer AG on Thursday completed its $63 billion purchase of Monsanto, a company that has donated nearly $10 million each year since 2000, and by its own estimates as much as a half-billion dollars into the St. Louis community since it was founded in 1901.
Germany’s Bayer completes purchase of Monsanto
BERLIN (AP) — German pharmaceutical company Bayer AG says it has completed its purchase of U.S. seed and weed-killer maker Monsanto Co.
Bayer said Thursday that it is now the sole owner of the company and Monsanto shares will no longer trade on the New York Stock Exchange. Bayer has put the cost of the deal at some $63 billion including debt.
Twitter will join the S&P 500 index, replacing Monsanto
Twitter is joining the S&P 500, a benchmark index of the U.S. stock market, marking another milestone for the social media company.
The San Francisco-based company will replace Monsanto Co. in the index. Monsanto, an agricultural products company, is leaving the S&P 500 because it is being acquired by Germany's Bayer AG.
S&P Dow Jones Indices says the change will become effective prior to the open of trading on Thursday.
BERLIN (AP) — German pharmaceutical company Bayer AG said Monday that it plans to complete its purchase of U.S. seed and weed-killer maker Monsanto Co. this week after receiving all the required approvals from regulators.
Bayer said in a statement that it plans to complete the acquisition on Thursday.
Bayer selling $9B in ag business ahead of Monsanto merger
WASHINGTON (AP) — German pharmaceutical giant Bayer AG has agreed to the U.S. government's demand that it sell about $9 billion in agriculture businesses as the condition for acquiring Monsanto Co., a U.S. seed and weed-killer maker.
ST. LOUIS (AP) — Monsanto Chairman and CEO Hugh Grant will leave the company after it's acquired by Germany's Bayer AG.
The St. Louis company said Monday that Grant will work to see the $57 billion deal through and oversee operations before it closes. Bayer expects the deal to close in the second quarter.
A number of Monsanto's top executives will depart with Grant as well.
Trump touts strong U.S. economy at World Economic Forum
President Trump took a major European economic conference by storm Thursday, wooing corporate titans to invest more in the new American prosperity and smoothing over tensions with Great Britain as global elites gave him a celebrity welcome.
Bayer sells units to be able to complete Monsanto takeover
BERLIN (AP) — German pharmaceutical giant Bayer AG has reached a 5.9 billion euro ($7 billion) deal to sell parts of its Crop Science unit to German chemical company BASF to alleviate regulatory concerns over its planned takeover of U.S. seed and weed-killer company Monsanto Co.
Monsanto last year accepted an offer from Bayer to pay $57 billion to its shareholders and assume $9 billion in debt.
Bayer said Friday it's working with authorities with the aim of closing the deal by early 2018.
- Star-HeraldWhat would happen if RoundUp went away?May 15, 2019
- The Detroit NewsRoundup judge orders Bayer to mediation, cancels trialApril 12, 2019
- The Detroit NewsBayer cuts 4,500 German jobs after Monsanto acquisitionApril 9, 2019
- The Detroit NewsElizabeth Warren calls for breakup of big agricultureMarch 27, 2019
- Post-BulletinMergers can't be good for farm economySeptember 14, 2018
Monsanto earnings beat estimates as U.S. seed sales climb
Monsanto Co., the world’s largest seed company, reported fiscal second-quarter earnings and sales that topped analysts’ estimates, amid signs that U.S. farmers are preparing to sow a record acreage with soybeans this year.
Monsanto shareholders approve Bayer’s $57 billion takeover
ST. LOUIS (AP) — Monsanto Co. shareholders on Tuesday overwhelmingly approved a $57 billion merger with Bayer AG, a deal that would combine two of the world's biggest agricultural companies.
Missouri governor to travel to Germany, Israel
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Jay Nixon is traveling to Israel and Germany on an economic development trip.
Nixon on Friday announced he'll arrive in Israel on Nov. 15. He's meeting with Israeli companies with Missouri ties or ones that might expand in the U.S.
He's leaving for Germany Nov. 17. Nixon is scheduled to meet with the chairman of drug company Bayer AG the next day.
Bayer: won’t use Monsanto buy to force GM seeds on Europeans
BERLIN (AP) — The CEO of Germany's Bayer AG is promising it won't use its planned acquisition of Monsanto Co. to force genetically modified crops on skeptical Europeans.
Monsanto reports better-than-expected results
ST. LOUIS (AP) — Monsanto, which is in the process of being bought by Bayer, reported better-than-expected results for its most recent quarter as sales of its corn and soybean seeds rose.
Last month, German medicine and farm chemical maker Bayer AG offered $57 billion to buy Monsanto, a St. Louis-based company that sells seeds to farmers and makes weed-killer Roundup. The deal is expected to close before the end of 2017.
Monsanto, Bayer officials defend proposed $66 billion merger
WASHINGTON (AP) — Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in technology that could help American farmers.
Monsanto, the American seed and weed-killer, and Bayer, the German medicine and farm-chemical maker, responded to concerns from Iowa Sen. Charles Grassley, the Republican chairman of the Senate Judiciary Committee.
Bayer buying Monsanto, will create global chemical, ag giant
American seed and weed-killer company Monsanto and German medicine and farm chemical maker Bayer are combining in a deal that could help farmers produce higher yields to address challenges from global warming to rising food demand from a fast-growing global population.
Bayer pushes bid for Monsanto closer to $56 billion
KANSAS CITY, Mo. (AP) — The German pharmaceutical giant Bayer AG sweetened its bid for Monsanto Tuesday, saying that its latest offer, now worth almost $56 billion reflects, "constructive negotiations" in its quest to build a global chemical and seed company.
BERLIN (AP) — German drug and chemicals firm Bayer says it has increased its offer for U.S. seed company Monsanto Co. to $125 per share from its initial bid of $122 per share.
Bayer AG said Thursday the revised all-cash offer follows several weeks of talks with Monsanto.
Bayer did not reveal the new offer's valuation of Monsanto as debt obligations will have changed since the previous offer which valued the company at $62 billion.
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