Roundup weed killing products are offered for sale at a home improvement store on May 14, 2019 in Chicago, Illinois.
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Bayer will pay more than $10 billion to resolve thousands of lawsuits regarding claims that its herbicide Roundup causes cancer, the company announced Wednesday.
Monsanto, which Bayer bought in 2018, lost a lawsuit that same year brought by a school groundskeeper who claimed its weedkiller had caused his non-Hodgkin lymphoma. Since then, thousands of U.S. lawsuits have been filed against the company.
Bayer CEO Werner Baumann called the decision to settle the lawsuits the