A Bayer AG unit said a $750 million settlement with U.S. rice farmers who sued after their crops became tainted by a genetically modified strain is binding now that the requisite number of growers has accepted the deal.
A Bayer AG unit carelessly contaminated U.S. long-grain rice fields with its genetically engineered seed, causing a dive in exports to Europe, a lawyer for a Louisiana grower told jurors at the end of a trial.
Bayer CropScience reached an agreement with Koppert Biological Systems to grant exclusive worldwide rights on the marketing, registration and production of the new product Shemer, a biological fungicidal product based on the yeast strain Metschnikowia fructicola, the company said in an e-mailed statement today.
Charles Schwab Corp. sued units of Bank of America Corp. ’s Merrill Lynch & Co., UBS AG and Bear Stearns Cos. over claims they lied or omitted information about mortgage-backed securities Schwab bought from them.
A unit of Bayer AG , Europe’s largest drug and chemical maker, sued a Dow Chemical Co. agroscience subsidiary in federal court in Delaware alleging infringement of a U.S. patent for herbicide-resistant crops.
Manhattan District Attorney Cyrus Vance Jr. must complete key elements of his investigation before he can decide whether to drop the prosecution of Dominique Strauss-Kahn because of lies told by the maid who accused him of sexual assault.