Jury: Monsanto to pay $2 billion in weed killer cancer case
SAN FRANCISCO (AP) — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused...
SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local):
A Northern California couple both stricken with cancer they say was caused by Monsanto...
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...
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.
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.
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.
Cancer claim for Monsanto’s Roundup gets judge’s scrutiny
SAN FRANCISCO — Claims that the active ingredient in the widely used weed killer Roundup can cause cancer have been evaluated by international agencies, U.S. and foreign regulators and the product’s manufacturer — agribusiness giant Monsanto.
Now, a federal judge in San Francisco is conducting his own review during an unusual set of court hearings that began Monday. It has big stakes for Monsanto and hundreds of farmers and others who have sued the company.
Dicamba herbicide training sessions set around North Dakota
BISMARCK, N.D. (AP) — The BASF and Monsanto companies have scheduled training sessions around North Dakota beginning Wednesday for applicators of the controversial weed killer dicamba.
New federal rules classify dicamba as a restricted-use herbicide, and applicators need training. The new rules are in response to complaints around the country of dicamba drift damaging neighboring crops.
Monsanto shirt sale raises $20K to help fight cancer
DeKALB – A T-shirt and hooded sweatshirt sale held by Monsanto Co. in Waterman raised more than $20,000 that will benefit patients with cancer in DeKalb County, according to a news release from Northwestern Medicine.
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.
Monsanto Company, whose agricultural operations include farms on three islands in Hawaii, is donating $500,000 to support disaster relief efforts in Texas and other states devastated by Hurricane Harvey.
The American Red Cross and Feeding America, through its partnership with Feeding Texas and other impacted food banks, will each receive $250,000 to assist with critical needs of families affected by the storm.
Monsanto, Seed-Corn Companies Continue Using Contractors Despite Migrant Labor Abuse Allegations
This article was reported with support from the Fund for Investigative Journalism and the Midwest Center for Investigative Reporting, in partnership with The Investigative Fund at The Nation Institute, with support from the H.D. Lloyd Fund for Investigative Journalism.
JONESBORO, Ark. (AP) — A group of Arkansas farmers have filed a class-action lawsuit against the makers of the herbicide dicamba that they blame for damaging their crops.
The lawsuit was filed Wednesday in federal court in Jonesboro, Arkansas, against Monsanto Co. and BASF Corp. In a statement, plaintiffs' attorney Phillip Duncan says his clients seek unspecified damages for damage to crops, fruits and trees that weren't dicamba-resistant.
Activists’ tribunal alleges Monsanto hurts environment
THE HAGUE, Netherlands (AP) — A tribunal brought together by a rights group that aims to highlight what it claims are abuses by U.S. seed company Monsanto Co. has delivered an advisory opinion alleging that the company "engaged in practices which have negatively impacted" people's rights to a healthy environment, food and good health.
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.
Middleton plant laboratory turned into crop research center
MADISON, Wis. (AP) — The University of Wisconsin-Madison has turned a $10 million commercial biotechnology plant laboratory in Middleton into the hub of a new crop research center.
The Wisconsin State Journal (http://bit.ly/2jShCN2 ) reports Wisconsin Crop Innovation Center opened last month after Monsanto Co. donated the laboratory, which was previously used to develop genetically modified plants and crops.
UW-Madison turns Monsanto-donated facility into crop research center
A $10 million commercial biotech plant laboratory in Middleton that helped develop genetically modified plants and crops was donated by Monsanto Co. to UW-Madison, which has made it the hub of a new crop research center.
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 peach grower sues Monsanto over herbicide use
KENNETT, Mo. (AP) — Missouri's biggest peach producer is suing Monsanto Co. over illegal herbicide users suspected of causing widespread crop damage in Missouri and neighboring states.
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, 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.
- Globe NewswireYield10 Bioscience Names Sherri M. Brown, Ph.D., Former Monsanto Executive, as Special Commercial and Technical AdvisorDecember 13, 2018
- BusinessWireMonsanto Advances Key Sustainability InitiativesJuly 12, 2018
- BusinessWireMonsanto and Corteva Agriscience™, Agriculture Division of DowDuPont, Expand Licensing Agreement for Roundup Ready 2 Xtend® TechnologyJune 27, 2018
- BusinessWireBayer Closes Monsanto AcquisitionJune 7, 2018
- BusinessWireBIO Elects New Board Directors and Section Governing Board ChairsJune 5, 2018
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.
What do Bayer and Monsanto sell? A look at the 2 companies
U.S. seed seller Monsanto agreed on Wednesday to be bought by Germany's Bayer AG for $57 billion, in a deal that would create a giant worldwide chemical and agricultural products company.
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.
SEC: Former Monsanto exec to get $22.5M as whistleblower
KANSAS CITY, Mo. (AP) — A former Monsanto Co. financial executive who tipped off regulators about the agribusiness giant's accounting practices involving rebates for its Roundup weed-killer will get nearly $22.5 million as a whistleblower, federal securities regulators announced Tuesday.
Monsanto rejects Bayer buyout, again
NEW YORK (AP) — Monsanto on Tuesday rejected a second and richer takeover bid from Bayer.
The German drug and chemicals company last week boosted its offer from $62 billion, to about $65 billion, or $125 per share.
Monsanto Co., a seed company, called the revised offer inadequate, as it did the initial bid.
The St. Louis company said that it remains open to talks with Bayer and others about a deal.
Bayer on Tuesday said that it was disappointed with...
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.
Protesters throw cash on Senate floor
Anti-GMO protesters threw a wad of dollar bills from the viewing galleries onto the Senate floor Wednesday to protest a bill that wouldn't go as far as they wanted in clamping down on genetically modified crops.
"Stop taking Monsanto's money," one protester yelled after the cash was splashed across the back corner of the Senate. Monsanto Company is a major agricultural corporation closely associated with the move to pioneer genetically modified organisms.