U.S. judge slashes $80 million Roundup jury verdict to $25.3 million
(Reuters) - A federal judge on Monday reduced a damages award that Bayer AG owed a man who blamed his cancer on the glyphosate-based weed killer Roundup to $25.27 million from $80 million, saying the punitive damages component was too high.
(Reuters) - A federal judge on Monday reduced a damages award that Bayer AG
U.S. District Judge Vince Chhabria in San Francisco said the evidence justified the jury's compensatory damages award to the plaintiff, Edwin Hardeman, and said its decision to award punitive damages was reasonable.
He nonetheless called the $75 million punitive damages award "constitutionally impermissible" and reduced it to $20 million.
(Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Guinea president 'captured', govt dissolved, claim army putschists'; attack on presidential palace repulsed, say authorities
Reports suggest that they captured President Alpha Conde and dissolved the government, bust the ground situation remains unclear
NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.
By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.