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Stock impact report

Supreme Court divided on Roundup cancer lawsuits [USA TODAY]

BAYER AG S/ADR (BAYRY) 
NASDAQ:AMEX Investor Relations: investor.bayer.com
Company Research Source: USA TODAY
President Donald Trump signed an executive order prioritizing U.S. production of glyphosate, citing national security, food security and military needs. WASHINGTON - The Supreme Court on Monday appeared divided over whether Bayer can be sued for failing to warn that the company's Roundup weedkiller may cause cancer, hearing arguments in a major case that could block thousands of lawsuits and shield the company from billions of dollars in potential liability. The Environmental Protection Agency, which regulates pesticides, has not determined that Roundup poses a cancer risk and does not require a warning label saying it does. The justices are deciding whether that means Roundup users who've developed cancer cannot sue by claiming the weedkiller violates state laws about dangerous products. Justice Brett Kavanaugh emphasized that a major purpose of the federal law is to provide uniformity. “You think it's uniformity when each state can require different things?” he asked the Show less Read more
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