Monsanto Co. lost a legal battle over its massively popular Roundup herbicide on Monday to the tune of $2.055 billion, with a jury in San Francisco ordering the court to pay out the stunning sum to a couple that said it caused their non-Hodgkin’s lymphoma.
That figure, which consists of $2 billion in punitive damages and $55 million in compensatory ones, is all but certain to be reduced by the trial judge or on appeal—University of California, Hastings School of Law professor David Levine told the Associated Press there is “There is zero chance it will stand.” But it is still yet another blow to Monsanto, which lost two prior suits in San Francisco and is further awaiting “an estimated 13,000 lawsuits” that remain pending around the country, the AP wrote.
Read more at Gizmodo.
Apple’s loss in a high-stakes Supreme Court case on Monday unsettled Silicon Valley, threatening a wave of new consumer lawsuits and other legal salvos that could challenge the size and power of the tech industry.
For Apple, the 5-4 decision means that iPhone owners can proceed with a class-action case targeting the company’s App Store. The suit accuses Apple of engaging in monopolistic practices by forcing Apple device owners to buy developers’ games and other software only through the App Store, while Apple takes a cut of some of the sales made there.
Read more at the Washington Post.
If you’re one of the unlucky ones, you’ve had the unfortunate and unpleasant experience of being ‘ghosted’ by a recruiter.
When recruiters go AWOL, jobseekers stand to lose valuable feedback regarding performance and suitability, said Robert Half Australia director Andrew Morris.
Read more at Yahoo Finance.
Mailchimp is moving beyond just email. The company that put itself on the map with a concept that doing business emails would be so easy a chimp could even do it, is now adding a full slate of tools to empower small businesses, with a campaign featuring that chimp named Freddie.
Today (13 May), Mailchimp is launching its all-in-one marketing platform for growing businesses, transforming itself from an email-centric company to one that can be used for all small business marketing needs.
Read more at The Drum.
Canada’s millennials aren’t the only ones in need of a crash course in managing their personal finances.
Read more at Calgary Herald.
Asian investors hoping for some sort of breather amid the trade war market carnage are dusting off their technical indicators.
A number of signs are emerging in the region’s markets the selloff may be due for a pause, with the MSCI Asia Pacific Index approaching its most oversold level since 2016, according to a relative strength indicator. Equity benchmarks in Japan, Korea and Hong Kong are also at or approaching similar oversold territory using the same indicator.
Read more at Bloomberg.
Here's how to reach your goals.
Becoming a successful investor can seem like a daunting task. However, the good news is that success doesn’t have one standard. In fact, successful investing is more about achieving your own money goals and not necessarily picking the “right” stock or beating the market. If you want to become a successful investor – and accomplish your own goals – here are seven tips that can put you on the right path.
Read more at US News.
The U.K.'s current parliamentary session is now the longest session by sitting days since the English Civil War in the mid-17th century as British lawmakers continue lengthy negotiations over the U.K.'s departure from the European Union.
The current session has spanned over three calendar years, beginning on June 13, 2017, and has run for 298 sitting days as of Friday, the House of Common Library said. The session became the longest one since the war – which lasted from 1642 to 1651 – last Tuesday, when it eclipsed the 2010-2012 session.
Read more at US News.
President Donald Trump's administration faces a week of deadlines from congressional subpoenas as the White House's feud with House Democrats over their aggressive oversight rages on.
Trump's White House has moved to block Democrats' torrent of requests that range from obtaining special counsel Robert Mueller's full, unredacted report on the Russia investigation to securing years of records that'd give fresh insight into the president's financial and tax history.
Read more at US News.
German police probing the deaths of three people shot with crossbow arrows in a rural Bavarian hotel near Passau have found two more female bodies in a flat 650km (400 miles) away.
The flat in Wittingen had been occupied by a 30-year-old woman who was one of the victims found in the hotel room.
Read more at BBC News.