Supreme Court Shields Bayer From Roundup Cancer Suits in 7-2 Ruling, Shares Surge 16% (opens in new tab)

The Supreme Court ruled 7-2 that federal pesticide law preempts state failure-to-warn suits against Bayer's Roundup, overturning a $1.25 million cancer verdict and blocking thousands more. Bayer shares surged 16% in Frankfurt; the ruling does not determine whether glyphosate causes cancer.