Trending: Bayer-Owned Monsanto's Roundup Case Payment Cut to $400 Million
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Dow Jones
9:53 ET--Bayer is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. A court lowered the amount Bayer-owned Monsanto has to pay in a case linked to the weedkiller Roundup by about 82%, or nearly $1.9 billion, from the earlier order to pay $2.25 billion in damages. Monsanto will now be required to pay $350 million in punitive damages and just over $50 million in compensatory damages. Dow Jones & Co. owns Factiva. (zaeem.shoaib@wsj.com)
(END) Dow Jones Newswires
June 05, 2024 10:08 ET (14:08 GMT)
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