Tim Bross
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Articles by Tim Bross
Bayer Wins St. Louis Roundup Trial, Bolstering Settlement Push
A jury in St. Louis rejected claims by three women who blamed ’s Roundup weedkiller for their cancers, bolstering the company’s effort to contain the cost of tens of thousands of similar lawsuits in the US that it has offered to settle. The unanimous verdict reached on Thursday was the first since a US Supreme Court ruling in June that effectively lawsuits based on claims that Bayer failed to include a cancer warning on Roundup labels.
Bayer Wins Roundup Trial as Settlement Decision Looms
Bloomberg (Bloomberg) -- Bayer AG won a St. Louis trial over its Roundup weedkiller, defeating claims by three women who blamed the herbicide for their cancers and bolstering its efforts to draw a line under its US litigation overhang.
Reckitt Unit Cleared by Jury in Premature-Baby Formula Case (2)
A unit was cleared by a jury in St. Louis of a claim that the company hid risks that its premature-infant formula can cause a bowel disease that sickened a baby girl. The verdict Thursday is the latest defense win in a flood of lawsuits alleging Reckitt’s subsidiary knew its cow-milk-based Enfamil formula can cause a sometimes-fatal bowel disease called necrotizing enterocolitis, or NEC, and marketed the specialized preterm hospital product anyway.
Reckitt Unit Cleared by Jury in Premature-Infant Formula Case Original
A Reckitt Benckiser Group Plc unit was cleared by a jury in St. Louis of a claim that the company hid risks that its premature-infant formula can cause a bowel disease that sickened a baby girl. The verdict Thursday is the latest defense win in a flood of lawsuits alleging Reckitt’s subsidiary knew its cow-milk-based Enfamil formula can cause a sometimes-fatal bowel disease called necrotizing enterocolitis, or NEC, and marketed the product anyway.
Rennert Agrees to $150 Million Settlement of Peru Smelter Claims
Billionaire Ira Rennert agreed to pay $150 million to resolve more than a thousand claims that a lead smelter owned by his companies poisoned residents of a Peruvian town, reaching a deal on the eve of a U.S. trial that was nearly two decades in the making. Attorneys for residents of La Oroya, Peru, said they’d reached the accord just as the first set of lawsuits over the smelter’s pollution was headed to trial June 29 in St. Louis.
Rennert Agrees to $150 Million Settlement of Peru Smelter Claims Original
Photographer: Marco Garro/Bloomberg (Bloomberg) -- Billionaire Ira Rennert agreed to pay $150 million to resolve more than a thousand claims that a lead smelter owned by his companies poisoned residents of a Peruvian town, reaching a deal on the...
Monsanto Ex-CEO Defends Roundup’s Safety Record at Bayer Trial
Roundup products are seen for sale at a store in San Rafael, Calif., on July, 9, 2018.
NFL, Rams Settle Suit Over Move From St. Louis for $790 Million
The National Football League and the billionaire Rams owner Stan Kroenke agreed to a $790 million settlement of a lawsuit by St. Louis over the team's move to Los Angeles five years ago, municipal officials said. The accord, announced Wednesday, will avert a trial scheduled for January in which the league was accused of violating its own relocation policy by authorizing Kroenke to take the Rams to the West Coast.
Syngenta loses $218 million verdict in first GMO trial
Syngenta loses $218 million verdict in first GMO trial Lee Agri-Media file photo By Margaret Cronin Fisk and Tim Bross, Bloomberg News Syngenta AG was ordered to pay $217.7 million to a group of Kansas farmers who claimed the company carelessly marketed its genetically modified corn seed, causing contamination of U.S. crops and a rejection of export sales to China by officials there.
Bayer's dicamba loss raises more questions
bizoo_n / Getty Images Investors will probably hang with Bayer for now, but loss of dicamba trial on top of Roundup losses raises questions about wisdom of Monsanto takeover. Bloomberg | Feb 19, 2020 By Jef Feeley, Tim Bross and Tim Loh Bayer AG’s loss in the first U.S. trial over the herbicide dicamba is set to test the patience of investors who’ve stuck with the company through the dark days of its Roundup crisis.
Bayer, Now With BASF, Faces More Monsanto Pain After Trial Loss
Feb 15 2020, 3:56 AMFeb 17 2020, 4:09 AMFebruary 15 2020, 3:56 AMFebruary 17 2020, 4:09 AM
Jury sides with farmer against Bayer, BASF
Mindy Ward Cape Girardeau, Mo., jury found that both companies were responsible for peach farmer's losses Bloomberg | Feb 15, 2020 By Jef Feeley and Tim Bross Bayer AG and rival BASF SE must pay $15 million to a farmer who blamed the companies’ dicamba herbicide for mutilating his peach orchards, a jury concluded in the first case to go to trial over the controversial weedkiller.
Bayer Jury Awards Farmer $15 Million for Dicamba Crop Damage
(Bloomberg) -- Bayer AG and rival BASF SE must pay $15 million to a farmer who blamed the companies’ dicamba herbicide for mutilating his peach orchards, a jury concluded in the first case to go to trial over the controversial weedkiller.Jurors in federal court in Cape Girardeau, Missouri, found Friday that Bayer and BASF were responsible for Bill Bader’s losses caused by dicamba that drifted from neighboring cotton fields over a three-year period starting in 2015.
Monsanto Objects to Televising Roundup Trial Citing Threat to Ex-CEO
Jan 10 2020, 3:03 AMJan 10 2020, 3:25 AMJanuary 10 2020, 3:03 AMJanuary 10 2020, 3:25 AM
Former Monsanto researcher arrested
wellesenterprises/ThinkstockPhotos Haitao Xiang is accused of stealing software and taking technology to new job in China Bloomberg | Nov 21, 2019 By Tim Bross A former researcher at Monsanto Co. has been arrested after U.S. prosecutors accused him of stealing software the company had developed to help farmers optimize crop output and taking the technology to a new job in China.
Ex-Monsanto Researcher Accused of Taking Trade Secrets to China
Nov 21 2019, 3:05 AMNov 21 2019, 3:29 AMNovember 21 2019, 3:05 AMNovember 21 2019, 3:29 AM
Ex-Monsanto Researcher Accused of Taking Trade Secrets to China
Photographer: Daniel Acker/Bloomberg Photographer: Daniel Acker/Bloomberg A former researcher at Monsanto Co. has been arrested after U.S. prosecutors accused him of stealing software the company had developed to help farmers optimize crop output...
Payless approved to start closing U.S. stores in bankruptcy case
Payless Inc. won court approval to begin liquidating its North American operations, a move that, when complete, would put most of the retailer’s 16,000 employees out of work, including those at three Fort Wayne stores and one each in Warsaw and Goshen. The discount shoe seller returned to bankruptcy Feb. 19, less than two years after emerging from court protection and slashing debt in an effort to survive.
Payless Gets Approval From Bankruptcy Court to Start Closing U.S. Stores
Feb 19 2019, 10:49 PMFeb 19 2019, 11:11 PMFebruary 19 2019, 10:49 PMFebruary 19 2019, 11:11 PM (Bloomberg) -- Payless Inc. won court approval to begin liquidating its North American operations, a move that, when complete, would put most of the retailer’s 16,000 employees out of work. The discount shoe seller returned to bankruptcy Tuesday, less than two years after emerging from court protection and slashing debt in an effort to survive.
Payless Gets Approval From Bankruptcy Court to Start Closing U.S. Stores
An employee arranges a display at a Payless store in New York. Photographer: Scott Eells/Bloomberg Photographer: Scott Eells/Bloomberg Payless Inc.
Payless Gets Approval From Bankruptcy Court to Start Closing U.S. Stores
(Bloomberg) -- Payless Inc. won court approval to begin liquidating its North American operations, a move that, when complete, would put most of the retailer’s 16,000 employees out of work. The discount shoe seller returned to bankruptcy Tuesday, less than two years after emerging from court protection and slashing debt in an effort to survive. This time, Payless expects to abandon its 2,500 North American stores, leaving only Latin America and other international operations intact.
When Washington's army was 'fly on an elephant'
Nathaniel Philbrick’s “In the Hurricane’s Eye,” the final book in his trilogy on the American Revolution, showcases the same research and storytelling skills that made the first two books, “Bunker Hill” and “Valiant Ambition,” successful.Philbrick brings a third strength to “Hurricane’s Eye”: a personal understanding of sailing — and how elements like wind direction and currents could change the course of sea warfare in the days before steam and diesel engines.The book’s subtitle, “The Genius...
J&J CEO Must Face Questioning Over Public Defense of Baby Powder
Oct 31 2018, 5:36 PMOct 31 2018, 5:51 PMOctober 31 2018, 5:36 PMOctober 31 2018, 5:51 PM
J&J CEO Must Face Questioning Over Public Defense of Baby Powder
Alex Gorsky defended the safety of Johnson & Johnson baby powder just days after a jury hit the company he heads with a $4.69 billion asbestos verdict. Now, J&J’s chief executive will have to defend his claims to a veteran plaintiffs’ lawyer.
Great War gets dramatic telling of POW escape
World War I has not inspired any blockbuster escape books and movies, unlike its successor, WWII, which has produced a whole POW genre.But author Neal Bascomb makes a compelling pitch for a Great War escape in his engaging new book, “The Escape Artists,” which recounts in detail how 29 prisoners 100 years ago dug their way out of Germany’s notorious Holzminden camp.Blending memoirs and letters to family along with official documents, Bascomb presents both a poignant story of human resilience...
State Farm Avoids Racketeering Trial With $250M Settlement
State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers were seeking as much as $8.5 billion in damages in a civil racketeering trial that was set to start Tuesday in federal court in East St. Louis, Illinois. A judge granted preliminary approval to the accord and set a final fairness hearing for December.
Settlement averts State Farm racketeering trial
On the brink of a trial, State Farm agreed to pay $250 million to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers were seeking as much as $8.5 billion in damages in a civil racketeering trial that was set to start Tuesday in federal court in East St. Louis, Ill. A judge granted preliminary approval to the accord and set a final fairness hearing for December.
Settlement averts State Farm racketeering trial
On the brink of a trial, State Farm agreed to pay $250 million to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers were seeking as much as $8.5 billion in damages in a civil racketeering trial that was set to start Tuesday in federal court in East St. Louis, Ill. A judge granted preliminary approval to the accord and set a final fairness hearing for December.
State Farm avoids racketeering trial with $250 million accord
The biggest U.S. auto insurer was accused in the case of leading an effort to recruit a judge friendly to its cause for the Illinois Supreme Court, secretly funding Judge LLoyd Karmeier’s 2004 election campaign by funneling money through advocacy groups that didn’t disclose donors.
State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial
State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers were seeking as much as $8.5 billion in damages in a civil racketeering trial that was set to start Tuesday in federal court in East St. Louis, Illinois. A judge granted preliminary approval to the accord and set a final fairness hearing for December.
State Farm Ducks Racketeering Trial With $250 Million Accord
Sep 04 2018, 7:53 PMSep 04 2018, 8:13 PMSeptember 04 2018, 7:53 PMSeptember 04 2018, 8:13 PM
State Farm Ducks Racketeering Trial With $250 Million Accord
Vehicles sit on display for sale at a General Motors Co. Chevrolet car dealership in Louisville, Kentucky, U.S., on Wednesday, Jan. 31, 2018. General Motors Co. is scheduled to release earnings figures on February 6. Photographer: Luke Sharrett/Bloomberg State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago.
Women win US$4.69-billion lawsuit
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Johnson & Johnson jury awards $4.14bn punitive damages over talc cancer
Johnson & Johnson baby powder is arranged for a photograph in New York, U.S. Photographer: Scott Eells/Bloomberg INTERNATIONAL - Johnson & Johnson was ordered by a jury to pay $4.69 billion to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer, marking the sixth-largest product-defect verdict in U.S. history.
J&J jury awards $4.14bn punitive damages over talc cancer
Johnson & Johnson fell after a jury ordered the company to pay $4.69 billion to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer, marking the sixth-largest product-defect verdict in US history. The award of $4.14 billion in punitive damages and $550 million to compensate 22 women and their families for their losses sent shares of the health-care and consumer-products giant down 1.9% to $125.28 at 8:03 am in premarket trading on Friday in New York.
J&J Loses $4.69 Billion Asbestos Talc Ovarian Cancer Verdict
Johnson & Johnson was ordered by a jury to pay $4.69 billion to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer, marking the sixth-largest product-defect verdict in U.S. history. The award of $4.14 billion in punitive damages on top of the $550 million meant to compensate each of 22 women and their families for their losses sent the company’s shares down by as much as 3.3% in German trading.
Women Claimed Johnson & Johnson's Talc Powder Gave Them Cancer. They Just Won $4.7 Billion in Damages
Johnson and Johnson must pay $4.14 billion in damages to women who claimed asbestos in its products caused them to develop ovarian cancer Johnson & Johnson must pay $4.14 billion in punitive damages to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer. The company’s shares dropped in afterhours trading. The jury earlier ordered J&J to pay them $550 million in compensatory damages, bringing the total to $4.69 billion.
J&J's $4.69 billion talc loss hands investors a what-next moment
Johnson & Johnson slipped as investors began to assess the potential long-term costs to the company of the legal saga surrounding its talc products. On Thursday, a jury ordered the company to pay $4.69 billion to women who claimed asbestos in the products caused them to develop ovarian cancer, marking the sixth-largest product-defect verdict in U.S. history.
Johnson & Johnson to Pay $4.7 Billion in Talc Cancer Case
Johnson & Johnson must pay $4.14 billion in punitive damages to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer. The company’s shares dropped in afterhours trading. The jury earlier ordered J&J to pay them $550 million in compensatory damages, bringing the total to $4.69 billion.
Johnson & Johnson Ordered to Pay $4.14 Billion in Damages Over Talc Cancer
Johnson & Johnson slipped as investors began to assess the potential long-term costs to the company of the legal saga surrounding its talc products.
J&J Jury Awards $4.14 Billion Punitive Damages Over Talc Cancer
J&J knew its talc products were contaminated with asbestos and kept this information from reaching the public, Mark Lanier, the plaintiffs’ lawyer told jurors in closing arguments Wednesday. J&J sought to protect the image of Baby Powder as “their sacred cow,’’ he said. J&J “rigged’’ tests to avoid showing the presence of asbestos, Lanier said. If a test showed the presence of asbestos J&J sent it to a lab the company knew would produce different results, he told the jurors.
Johnson & Johnson Talc Claims: J&J Ordered To Pay $4.14 Billion Punitive Damages
J&J has faced multiple trials in St. Louis over ovarian cancer claims, losing four of the first five to go to trial. Two of those plaintiffs’ verdicts, one for $72 million and the other for $55 million, have been erased on appeal on jurisdictional grounds. The other two are on appeal, facing the same challenges from J&J.
Johnson & Johnson ordered to pay $550M in talc asbestos cancer case
After reaching a unanimous verdict Thursday to award compensatory damages for 22 plaintiffs that averaged $25 million apiece, jurors will resume deliberations over how much to award in punishment damages. (Photo: Bigstock) (Bloomberg) – Johnson & Johnson (J&J) must pay at least $550 million in damages to women who claimed asbestos in the company’s talc products caused them to develop ovarian cancer, a St. Louis jury said.
Missouri Governor Can't Bar Harvard Professor From Mistress Case
The Missouri governor facing charges over an unauthorized nude photo of his ex-mistress went 0-for-3 in court Monday.
Banville examines Dublin in unusual memoir
John Banville’s first sentence in “Time Pieces: A Dublin Memoir” sets the tone — and limits — of his new book.“Dublin was never my Dublin, which made it all the more alluring,” he writes, and with that is off on a rich, idiosyncratic tour of the Irish capital. It’s the furthest thing from a guidebook. Rather than packing it for a trip, savor it at home with a dark brown ale.Banville grew up in Wexford, a couple hours south of Dublin. The highlight of his youth was the Dec.
Missouri Governor Indicted for Invasion of Privacy From Affair
Missouri Governor Eric Greitens was charged with invasion of privacy over a partly nude photo he took without consent of a woman he was having an affair with before he was elected in 2016.
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