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A new $7.25 billion settlement between Bayer and a group of cancer patients could wrap up a huge wave of lawsuits against the company over allegations that it didnt warn consumers about cancer risks associated with the weedkiller Roundup. Bayer faces more than 180,000 claims over Roundup, which contains the herbicide glyphosate the chemical at the center of the controversy. Most of those claims are from people who used the weedkiller, which is sold at any hardware or garden store, at home. The lawsuits have prompted Bayer to pull glyphosate out of many products under the Roundup brand, though glyphosate is still commonly used by farmers and in the agriculture business broadly. The science around glyphosate is controversial. The Environmental Protection Agency has said that glyphosate is not likely to cause cancer in users if applied as directed, and does not require companies selling it to include a warning about links to cancer. The World Health Organizations cancer agency classified the chemical as a substance likely to cause cancer in humans more than a decade ago, though those findings faced scrutiny a few years later over reports that the published version differed from a draft. Just last month, a landmark study determining that glyphosate didnt pose a risk to human health was retracted, 25 years after its publication. The retraction, prompted by emails revealing Monsantos influence, undermines a longstanding regulatory foundation that has cited the key research for decades. A long battle The Supreme Court is set to hear arguments over Bayers effort to fend off an onslaught of cancer-related lawsuits over Roundup in April. While the new settlement proposal wont affect that case, it could help both Bayer and the plaintiffs hedge their bets if the Supreme Court doesnt side in their favor. Bayer, a German pharmaceutical and biotech giant, is best known for making the common pain reliever Aspirin. The company acquired Roundup maker Monsanto in 2018 for $63 billion, betting that owning a major player in the agriculture business would diversify its business and pay dividends down the road as farming supplies boomed. That hasnt come to pass, and Monsantos costly litigation has further dragged Bayers share price down from its highs around a decade ago. Today, Bayer is worth less than the price it once paid for Monsanto. Hundreds of thousands of lawsuits Out of the cases against Bayer over Roundup so far, only a sliver were decided by a jury, yielding 13 decisions favoring the pharmaceutical giant and 11 siding with plaintiffs. Last year, a jury in Georgia ordered Bayer to pay $2.1 billion in damages to a plaintiff who suffers from non-Hodgkins lymphoma, a cancer that begins in white blood cells. Some other cases have been resolved in separate settlements, but many remain unresolved. Under the terms of the proposed settlement, Bayer would make payments into a designated fund on a yearly basis for 21 years, which could total up to $7.25 billion, to resolve most of the outstanding Roundup lawsuits. That money would then be doled out to people based on their Roundup usage, age of cancer diagnosis and the severity of their disease. Under the settlements terms, agricultural and industrial workers who faced regular exposure to the products chemicals could receive an average of $165,000 if they were diagnosed with non-Hodgkin lymphoma under the age of 60. Residential users, those diagnosed later in life, and those with less aggressive cancer could receive tens of thousands in compensation. Bayer has said that it could still cancel the settlement, which does not yet have court approval, if too many plaintiffs decide to opt out and reject its terms. Supreme Court poised to decide Last month, the Supreme Court said that it would hear a case on the issue in order to determine if federal laws protect Bayer, which complies with the Environmental Protection Agencys rules, from lawsuits filed in state courts. The EPA does not require products including glyphosate to be sold with a cancer warning. Bayer praised the Supreme Courts decision to take the case, arguing that farmers need regulatory clarity around the widely used product and calling the milestone an important part of its effort to significantly contain litigation around Roundup. It is time for the U.S. legal system to establish that companies should not be punished under state laws for complying with federal warning label requirements, Bayer CEO Bill Anderson said.
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E-Commerce
On February 2, wellness influencer Peter Attia stepped down from his role as chief science officer at the protein company David. On February 12, Goldman Sachs top lawyer Kathryn Ruemmler announced her resignation from the company. And on February 13, Hollywood agent Casey Wasserman revealed that he would sell his talent agency. All of these business execs worked in very different spheres, but their sudden departures can be traced back to the same point of origin: their names cropped up again and again in the Department of Justices (DOJ) latest trove of Epstein files, released in late January. Over the past few weeks, many prominent figures have stepped down from their high-profile positions amidst growing scrutiny over their relationships to the convicted sex offender Jeffrey Epstein. A new tool called Jwiki is dedicated to compiling all of that information in one placeon, as the name suggests, a webpage designed to mimic Wikipedia. [Screenshot: Jwiki] Its the latest interface from a team of developers who have spent the last several months converting the notoriously dense and convoluted Epstein files into easily searchable interfaces, condensing about 3.5 million pages of material spread across .txt files, zip files, and Google Drive folders into recognizable formats. With Jwiki, instead of sifting through all of the Epstein files for individual mentions of various public figures (a nearly impossible task for members of the public), users can simply search their name and receive a succinct summary of their involvement with Epstein. How two technologists build the “Jsuite” Jwiki comes courtesy of a team led by technologists Riley Walz and Luke Igel. Walz has previously built several viral websites, including San Franciscos Tech Jester and a tool to track the citys parking cops. In November 2025, Igel, whos the CEO of an AI company called Kino, requested Walzs help with a tool to demystify Epsteins emails. They built the first iteration in just one night. That initial tool, called Jmail, allows users to wade through Epsteins seemingly endless email correspondence in a Gmail-style interface. To build it, Walz and Igel used Googles Gemini AI to run optical character recognition (OCR) on the individual emails and map it onto a simulation of Epsteins actual inbox. [Screenshot: Jwiki] Since then, Walz and Igel have relied heavily on vibe coding to expand the Jsuite into other apps like Jamazon; which tracks Epsteins Amazon orders through receipts; Jflights, which converts his flight data into a searchable map; and Jphotos, which compiles the files thousands of photos into one massive folder. In an interview with the publication Arena on February 12, Walz and Igel said that the Jsuite is receiving an average of 10,000 visitors daily, with a peak of well over a million visitors in a single day. How to use Jwiki According to a post from the official Jmail account on X, Walz and Igels team built Jwiki using their existing Jmail data. Upon first opening the site, users are greeted with a homepage that includes sections for a daily featured article, top articles by email volume, and top articles by viewership. The wiki includes entries on people, places, and events referenced in the files. [Screenshot: Jwiki] Users can either click on one of these displayed entries or look into their own areas of interest via a search bar. Clicking on Lesley Groff, Epsteins longtime executive assistant, for example, leads to a Wikipedia-style summary that includes a breakdown of her background, correpondence with Epstein (a whopping 224,747 emails), personal connections, and visits to Epsteins properties. It also includes a concluding section called Criminal Exposure Assessment,” which, according to Jmails post on X, cites U.S. codes that people may have been breaking as seen in the Jmail record. [Screenshot: Jwiki] We believe that the US government has a responsibility to fully investigate the people implicated by these files, the X post reads. Each Jwiki entry comes with the important caveat that its contents were generated by AI, meaning it’s fairly likely the resource is peppered with some inaccuracies and potential hallucinations. To address that concern, the Jmail team announced on X on February 18 that theyd opened the site for public contributions. Users can now sign in, propose edits to articles, and view the full revision history of every change. The edits are then reviewed and either approved or denied by a team of admins. Ultimately, the team says, its goal is Wikipedia-style open editing, where the articles self-correct. As the Epstein files slowly begin to bring powerful business leaders to account (albeit not in a court of law), Jwiki is one of the best tools available to the public so far to understand exactly what the rich and powerful were up to behind closed doors.
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E-Commerce
JPMorganChase said Wednesday it plans to open more than 160 new bank branches in over three dozen statesand renovate nearly 600 moreas part of a nationwide, multibillion-dollar push for more affordable financial services. Those branches will include locations in rural and low-to-moderate income (LMI) communities in the Northeast, Southeast, America’s “Heartland” or Midwest, and Southwestincluding in North and South Carolina, Florida, Pennsylvania, Kansas, Massachusetts, and Tennessee this year. JPMorganChase tells Fast Company those will include branch locations in: “Greater Philadelphia, Greater Boston, the Tampa Bay area, MinneapolisSaint Paul metro area, RaleighCary metro area/The Triangle, and the Charlotte metro area.” According to The Brookings Institution, the affordability crisis has reached every corner of the country, hitting middle-and-lower income earners the hardest, resulting in a 29% cumulative price increase since 2019 for Americans. Along with opening the branches, Chase plans to invest in local businesses, affordable housing, and job training, help fuel economic growth, and build stronger communities. Every Chase branch is a reflection of its neighborhood, Jennifer Roberts, CEO of Chase consumer banking said in the release. Each branch represents our promise to stand alongside our customers as partners, helping them navigate and achieve their financial goals. The expansion is part of Chases 2024 strategy to open more than 500 new branches, renovate 1,700 locations, and hire 3,500 employees nationwide over a three year-period. JPMorganChase financials Shares of JPMorgan Chase & Co. (JPM) were trading up 1.3% in midday trading on Wednesday at the time of this writing. The company reported strong fourth-quarter earnings last month with adjusted earnings per share (EPS) coming in at $5.23, exceeding estimates of $4.92, and better-than-expected revenue of $46.77 billion versus, $46.20 billion. At the time of this writing, it had a market capitalization of over $847 billion.
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E-Commerce
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