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Monsanto admitted a senior manager at Monsanto directed an Indonesian consulting firm to give a $50,000 bribe to a high-level official in Indonesia's environment ministry in 2002 related to the agency's assessment on its genetically modified cotton. Monsanto told the company to disguise an invoice for the bribe as "consulting fees".
Monsanto also became one of the most controversial large corporations in the world, over a range of issues involving its industrial and agricultural chemical products, and GM seed. [181] In April 2018, just prior to Bayer's acquisition, Bayer indicated that improving Monsanto's reputation represented a major challenge. [ 182 ]
Monsanto, headquartered in Creve Coeur, Missouri, is the largest producer of genetically engineered seed.Monsanto has been involved in high-profile lawsuits, as both plaintiff and defendant, and its current and former biotechnology products, its lobbying of government agencies, and its history as a chemical company have made it a controversial corporation. [18]
The most hated company in the world right now isn't a member of Big Oil. It's not a shady Internet company or a bailed-out megabank. Populist discontent toward dirty energy, high-tech snoops, and ...
A Washington state appeals court on Wednesday overturned a $185 million verdict against Bayer's Monsanto unit over chemical contamination at a Seattle-area school, marking the second big legal win ...
Roundup is Monsanto's herbicide that farmers often use to control weeds. Monsanto genetically modified the seeds it sells to be able to survive applications of the herbicide. More than 90% of the ...
Monsanto created a "standing denial" of the hoax on their "Myths About Monsanto" webpage, [26] and tweeted a disclaimer prior to the 420 holiday in 2016, [27] and on April 20, 2017, again tweeted "Happy 4-20. Time for our yearly reminder: Monsanto has not and is not working on GMO marijuana." [28]
Shares of Monsanto (NYS: MON) hit a 52-week high last week. Let's look at what's driving these gains to understand what lies over the horizon. Are there clear skies ahead? We'll have a better ...