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    1. Bayer's Blind Spot on Monsanto's Roundup May Cost Billions

      Bayer's Blind Spot on Monsanto's Roundup May Cost Billions

      (Bloomberg) -- There’s one more tribunal in which Bayer AG’s efforts to defend its Roundup weedkiller are floundering: the court of public opinion. Bayer says science shows that the herbicide, which the German company gained in its $63 billion acquisition of Monsanto Co., is safe. Now that a second U.S. jury has linked the product to cancer, the uphill battle Chief Executive Officer Werner Baumann is fighting just got steeper...

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      Mentions: Bayer
    2. Wells Fargo CEO's Pay Raise Draws Rare Fed Response

      Wells Fargo CEO's Pay Raise Draws Rare Fed Response

      (Reuters) - Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, the bank said on Wednesday.

      Sloan’s base salary remained flat at $2.4 million, he earned $14 million stock awards and the board awarded him a $2 million bonus based on the bank’s financial performance and other factors, according to a company filing...

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    3. Disney Slashed Iger's Pay—Calpers Still Gives It Thumbs Down

      Disney Slashed Iger's Pay—Calpers Still Gives It Thumbs Down

      (Bloomberg) -- The largest pension fund in the U.S. still isn’t happy with Walt Disney Co.’s executive pay. The California Public Employees’ Retirement System is opposing the company’s compensation plan at Thursday’s annual meeting and is voting against two board members who sit on Disney’s compensation committee, according to the pension fund’s website...

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    4. Big U.S. Pension Funds Ask Electric Utilities for Decarbonization Plans

      Big U.S. Pension Funds Ask Electric Utilities for Decarbonization Plans

      BOSTON (Reuters) - Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already made executives and directors receptive to the goal...

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    5. Only Half of PG&E's Board to Remain After Bankruptcy Filing

      Only Half of PG&E's Board to Remain After Bankruptcy Filing

      (Bloomberg) -- PG&E Corp., which filed for bankruptcy last month, announced a boardroom shakeup that would bring back at most half of the current board members. No more than five of the utility owner’s 10 current board members will stand for re-election at its upcoming shareholders meeting, according to a statement Monday. The company wants mostly independent directors, and the new board will have 11 of them, it said.,..

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