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...asked one consumer sector banker, adding that as well as the litigation liability, the category as a whole was unattractive due to declining populations in Europe and North America....
...Often, both sections ended up ground into burger meat or rendered to make pet food — a near worst-case scenario for producers economically....
...Before Daynard provided a blueprint for litigating against Big Tobacco through his legal-resource group, the Tobacco Products Liability Project, “there was complete consensus among almost all legal authorities...
...and the role its products played in causing it....
...“Any multiple is simply not how tort litigation works in the US, and it’s not how this is going to unfold,” said Licht, who took over as Reckitt’s boss in October last year....
...“There’s not the clear-cut clinical evidence like physicians wanted, the products don’t stop the disease like the patients wanted, they’re never going to be as big a blockbuster as industry wanted and they...
...The suits allege that an active ingredient in Roundup gave people cancer. In 2021, Bayer said it would stop selling consumer products with that specific ingredient....
...For example, most people undervalue their food spending. Items that often get overlooked include streaming services, medical prescriptions and the cost of pets....
...AI products....
...Instead try: Put banana peel on your compost heap or in the food waste bin and use over-the-counter houseplant fertiliser for your plants....
...Alongside pet food, which is also dominated by two players, Mars and Nestlé, baby-related consumer goods are among the highest-margin products on shelves....
...The Berkshire unit facing the wildfire litigation, PacifiCorp, has a problem in common with many US utilities: how to fund potentially giant payouts if they’re found liable in future disasters....
...The country is a big food exporter and used to be one of the wealthiest nations in the developing world, but decades of mismanagement have wrecked the economy and created a web of artificial price and exchange...
...We’re also reading . . . Opinion: The belief in Tokyo is that Japan is living in dangerous times, in a dangerous region and needs to get closer to America in response, writes Gideon Rachman....
...Some products, such as medical devices and construction products, have different rules because they’re covered by different departments, such as health and housing....
...“We’re not advising companies to withdraw products or consumers to stop consuming altogether, just a bit of moderation,” said Francesco Branca, director of the department of nutrition and food safety at...
...Lloyd’s of London chief executive John Neal welcomed the deal which he said would “ensure the safe transport of Ukrainian grain and agricultural products out of the Black Sea and help alleviate global food...
...Bayer has denied the product causes cancer. “We’re not happy with this year’s performance,” Anderson told reporters on Wednesday after Bayer reported third-quarter results....
...expensive litigation across two continents with not a single victory to show for it”, he wrote....
...The company’s market value is roughly one-seventh of the country’s gross domestic product, and its annual profits are greater than the amount Venezuela spends on food imports in a year....
...And he’s come up with a way in which they can effectively become a food bank for lots of types of products, right?...
...If approved, it would become the largest product liability settlement in bankruptcy history, according to lawyers involved in the case....
...The defendants have all denied liability, so expect some tense exchanges. Background reading here....
...All of them are facing billions of dollars in asbestos-related personal injury litigation....
...He’s also been busy with other litigation....
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