Analysis | When Science Is No Match for a California Lawyer

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Analysis Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events

Bayer stresses there is no read-across from this particular case to others. The damages here are off the scale compared with other personal injury awards. It’s possible they will be cut on appeal, as has happened before. Punitive damages in the first adverse trial verdict were cut from $250 million to $39 million.

Still, the company’s market value fell by $1.6 billion on Tuesday morning. The question for investors is whether the costs of a grand settlement of all Roundup claims and any deterioration in the value of its future glyphosate business exceed the $42 billion wiped off the group’s market value since litigation turned sour in August. UBS Group AG analysts say the current valuation assumes a settlement topping 10 billion euros ($11 billion), the withdrawal of Roundup, plus a significant conglomerate discount.

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Quite a lot has been going on:

California’s high-speed rail project and Trump administration are no longer on speaking terms

The California bullet train project, for much of the last decade, enjoyed no more important partner than the U.S. Department of Transportation.

The federal agency was supplying the state with billions of dollars in grants, showering the project with political affection and later making repeated amendments to its funding deals to help the state weather construction delays.

But today, federal agencies and the California High-Speed Rail Authority are like a couple filing for an unseemly divorce and alleging mutual mistreatment of their child ‘ a partly built bullet train from Merced to Bakersfield. The two sides aren’t even speaking, foreshadowing further setbacks for an already troubled endeavor.


Publisher: latimes.com
Date: AAC9C18F70AC386BC4DCF4DDF9BF1786
Author: Ralph Vartabedian
Twitter: @latimes
Reference: Visit Source

A $1,000 Monthly Mortgage Is Real’in These 10 Bargain Cities

Get ready for yet another housing milestone: For the first time,’median home list prices have topped $300,000 in America. And with that comes a steady rise in mortgage prices’median home loans have grown 19.7%, to $229,000, over the past five years, according to a realtor.com’ analysis of Optimal Blue mortgage data. But here’s the big problem: Wage growth hasn’t come close to following suit. In the most recent five-year span tracked by census, household incomes rose only 10%. And most of those gains were eaten up by inflation. Ouch!


Publisher: Houston Chronicle
Date: 2019-05-13T10:00:37Z
Author: Lance Lambert provided by lt br gt lt a href quot http www realtor com quot target quot _blank quot style quot text decoration none quot gt lt img src quot https s hdnux com photos 62 24 31 13190760 4 rawImage jpg quot border quot 0 quot gt lt a gt
Twitter: @houstonchron
Reference: Visit Source

Eating Roadkill Is Illegal in California. But That May Change

Publisher: KQED
Date: 2019-05-13T17:09:50.000Z
Twitter: @kqed
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Greetings Earthlings: Cloaking was activated. The data presented above may one day be zapped to another dimension. Just thought you should be aware. Hey, buddy, why are all the planets not aligning?