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MLB roundup: Astros sweep Mariners, run win streak to 9

MLB: Houston Astros at Seattle Mariners
Apr 14, 2019; Seattle, WA, USA; Houston Astros designatted hitter Aledmys Diaz (16) reacts after hitting a home run in the seventh inning against the Seattle Mariners at T-Mobile Park. Mandatory Credit: Lindsey Wasson-USA TODAY Sports

April 15, 2019

Aledmys Diaz led off the seventh inning with a home run to break a tie as the Houston Astros rallied to defeat the host Seattle Mariners 3-2 on Sunday afternoon, extending their winning streak to nine games.

Jose Altuve’s homer streak ended at five consecutive games, but the Astros swept the three-game series at T-Mobile Park to pull within a game of the first-place Mariners in the American League West.

Right-hander Gerrit Cole (1-2) pitched six strong innings for his first victory of the season. He gave up two runs on four hits with no walks and 11 strikeouts.

Seattle’s Mitch Haniger led off the bottom of the first with a home run off Cole, hitting a 1-2 pitch into the bullpen in left field. That gave the Mariners homers in each of their first 18 games to begin the season, extending their major league record.

Phillies 3, Marlins 1 (14 innings)

Jean Segura slugged a two-run homer in the top of the 14th inning as Philadelphia outlasted Miami.

Andrew McCutchen started the winning rally with a one-out triple to left-center off reliever Wei-Yin Chen (0-1). Marlins center fielder Lewis Brinson, shaded to right-center, made a long run but didn’t quite get full extension at the end, as the ball hit off the wall. Segura followed by hitting an 0-2 slider over the fence in left for his first homer with the Phillies.

Victor Arano (1-0) earned the win in relief. In all, seven Phillies relievers combined to toss eight scoreless innings, allowing just three hits and striking out 14.

Rockies 4, Giants 0

Right-hander German Marquez took a no-hitter into the eighth inning en route to his first career shutout, allowing Colorado to salvage one win in a four-game series at San Francisco.

Nolan Arenado smacked his first home run of the season, a three-run shot in the fifth inning, giving Marquez (2-1) all the offense he would need as he threw his first career complete game, a one-hitter.

The 24-year-old retired the first 15 Giants in order before hitting Kevin Pillar with his second pitch of the sixth inning. Marquez rebounded to retire the next seven Giants in succession before Evan Longoria denied him a piece of history with a clean single to left field with one out in the eighth inning.

Royals 9, Indians 8

Hunter Dozier’s RBI single in the bottom of the ninth drove in Terrance Gore to give Kansas City a victory over visiting Cleveland and a three-game series sweep.

Gore, pinch-running for Ryan O’Hearn — who drew a leadoff walk off Brad Hand (0-1) — stole second base and advanced to third on a throwing error by catcher Roberto Perez. Wily Peralta (1-1) pitched a scoreless inning for the victory as Kansas City earned its first walk-off victory of the season.

The Indians had not been swept in a road series of at least three games since May of last year at the New York Yankees. Corey Kluber was chased after 2 2/3 innings, having allowed 11 of the 18 batters he faced to reach base safely.

White Sox 5, Yankees 2

Tim Anderson hit his first career grand slam off Masahiro Tanaka with one out in the top of the fourth inning, and Chicago beat New York at Yankee Stadium.

Anderson came into the game leading the majors with a .444 average after his season-opening 10-game hitting streak ended in Saturday’s 4-0 loss. After Chicago fell behind 2-0 early, Anderson lifted Tanaka’s 1-1 splitter to right field.

It was Chicago’s first grand slam since Yoan Moncada had one on April 18 of last season. It also was the first grand slam by a White Sox player at any version of Yankee Stadium since Frank Thomas off Roger Clemens on Aug. 26, 2003.

Pirates 4, Nationals 3

Jason Martin had an RBI ground-rule double with two outs in the ninth inning off reliever Wander Suero, as visiting Pittsburgh beat Washington, taking two of three games in the series.

Josh Bell led off with a walk off Suero (1-1) and took second on a groundout. He then scored on the Martin double to left that bounced into the Pirates bullpen. The winning pitcher was former Nationals reliever Felipe Vazquez (1-0), who delivered two scoreless innings.

Vasquez fanned Howie Kendrick with the bases loaded for the second out in the ninth before getting hot-hitting Anthony Rendon for the final out on a fly ball to center.

Rays 8, Blue Jays 4

Guillermo Heredia capped a five-run eighth inning with a two-run, pinch-hit home run to help visiting Tampa Bay defeat Toronto and win its fifth straight series to open the season.

Mike Zunino added a two-run, pinch-hit single in the eighth as the Rays took two of three games in the series and have now won six of their last seven games, all on the road. Rays starter Charlie Morton gave up four hits, three walks and one run over 4 2/3 innings. He struck out four. Adam Kolarek (1-0) pitched one perfect inning to pick up the win.

Freddy Galvis and Billy McKinney homered for Toronto, with McKinney also adding two doubles.

Rangers 8, Athletics 7

Two days after coughing up a five-run lead, Texas scored four runs in the bottom of the eighth to finish erasing its own five-run deficit and defeat visiting Oakland.

Rangers pinch hitter Danny Santana, in his first at-bat of the season, tied the game at 7-7 with a two-run triple to deep right off A’s reliever Joakim Soria (0-2) in the bottom of the eighth. He then scored the winning run on Delino DeShields’ bunt single.

Steven Piscotty and Matt Chapman went deep as Oakland set a franchise mark with its seventh consecutive multi-homer game.

Dodgers 7, Brewers 1

Ross Stripling allowed one run in eight innings to help Los Angeles end a six-game losing streak with a win against visiting Milwaukee.

Stripling (1-1) gave up four hits, struck out three and walked one with his 88 pitches, becoming the second Dodgers starter to go at least seven innings this season.

Alex Verdugo homered and drove in three runs, Chris Taylor had two hits and two RBIs, A.J. Pollock had two hits and scored two runs, and Joc Pederson homered for the second time in the series for Los Angeles.

Braves 7, Mets 3

Julio Teheran tossed six solid innings and earned the win for host Atlanta, which took advantage of a second straight subpar start by reigning National League Cy Young Award winner Jacob deGrom in a victory over New York.

Teheran (2-1) continued to succeed against the Mets by allowing one run on six hits and two walks while striking out six. The 28-year-old right-hander is 10-7 with a 2.35 ERA in 26 career appearances (25 starts) against New York.

DeGrom (2-2) allowed three runs on five hits and four walks while striking out nine over five innings. He entered Tuesday having allowed three runs or fewer in a record 31 straight starts and with 26 straight quality starts, tying the record first set by Bob Gibson in 1967-68, before giving up nine runs over nine innings in this week’s starts.

Cardinals 9, Reds 5

Marcell Ozuna belted a pair of homers and drove in four runs as St. Louis posted a victory over Cincinnati to salvage a split of their two-game series in Monterrey, Mexico.

Tyler O’Neill went deep as part of a four-run first inning, and Matt Carpenter homered to lead off a five-run seventh for the Cardinals, who have won six of their last seven games.

Jesse Winker blasted a three-run shot for his fourth homer in five contests, and Michael Lorenzen had an RBI double for the Reds, who saw their four-game winning streak come to a halt.

Diamondbacks 8, Padres 4

Right-hander Zack Greinke pitched seven strong innings and had another big day at the plate as Arizona snapped a four-game losing streak by beating San Diego in Phoenix.

The Diamondbacks avoided a four-game series sweep to the Padres, who had won four in a row. Arizona had 13 hits, including three home runs, with pinch hitter David Peralta delivering a three-run shot in the sixth inning.

Greinke (2-1) gave up four hits and two runs, both coming on solo homers, including one to Manuel Margot to lead off the game. He struck out six, walked one and continued to swing a hot bat against the Padres, going 2-for-3 with two runs, after clubbing two homers at San Diego on April 2.

Red Sox 4, Orioles 0

David Price struck out seven over seven dominant innings as Boston blanked visiting Baltimore.

Price (1-1) gave up just three hits and walked none, and Xander Bogaerts homered and drove in all four runs as Boston won for the fourth time in six games.

The Orioles lost for the ninth time in their last 11 games, struggling on offense a day after snapping a four-game losing streak with a nine-run, 13-hit attack.

Twins 6, Tigers 4

Eddie Rosario went 3-for-4 with a homer and two RBIs, and C.J. Cron homered and drove in three runs as Minnesota pounded out 14 hits in a victory over Detroit in Minneapolis.

Mitch Garver had two doubles and a walk, and Nelson Cruz, Byron Buxton and Jorge Polanco also each had two hits for the Twins, who swept their abbreviated two-game series with the Tigers after the series opener was snowed out on Friday.

Jose Berrios (2-1) overcame a rocky first two innings to pick up his second victory of the season. He allowed four hits and two runs over seven innings, retiring 16 of the last 18 batters he faced. Trevor Hildenberger pitched out of a bases-loaded jam in the ninth to notch his first save.

Angels-Cubs, PPD

The game between Los Angeles and Chicago at Wrigley Field was postponed due to inclement weather, with a makeup date yet to be determined.

The Chicago area woke up to a mix of rain and snow, with temperatures only expected to reach the mid-30s with wind gusts up to 40 mph.

–Field Level Media

Source: OANN

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Alert! Fox News Falsely Reports Alex Jones High Speed Chase Surrounded By Police

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Pregnant mom of 6 killed trying to protect family from road-raging driver: cops

A pregnant mother of six children made the ultimate sacrifice Wednesday when she threw her body between a driver who allegedly tried to mow down the family after an argument over smoking a cigarette, reports said.

Melissa DeLoatch, 32, was outside a 7-Eleven store in Rockland County, N.Y., when her husband, Sean, asked 35-year-old Jason Mendez to stop smoking near his children, the New York Times reported. After the two men argued, Mendez got into his car and rammed the family of eight, backed up, and slammed into them a second time, police said.

NEW YORK DRIVER ALLEGEDLY PLOWS INTO FAMILY OF 8, KILLING MOM AFTER ASKED TO STOP SMOKING: REPORT

“My sister saw him coming at the last second and threw her body in front of the stroller and pushed the kids away,” her brother James Christopher, 28, told the New York Daily News.

Melissa DeLoatch, 32, was killed while protecting her six children from Jason Mendez, 35, who allegedly tried to plow into the family in New York on Wednesday, reports said.

Melissa DeLoatch, 32, was killed while protecting her six children from Jason Mendez, 35, who allegedly tried to plow into the family in New York on Wednesday, reports said. (GoFundMe / Haverstraw Police Department)

“The kids … they had to see their mom get run over, then run over again,” Christopher told the paper. “He drove over her, reversed and drove (over her) again.”

Witnesses told WNBC-TV they saw a woman lying on the ground severely injured and heard a baby crying. The stroller was mangled.

CALIFORNIA DRIVER HIT WITH DUI AFTER MOWING DOWN 9 PEDESTRIANS, POLICE SAY

DeLoatch, her husband and their six children-- ranging from 11 months to 10 years old-- were rushed to the hospital. DeLoatch, who learned two days prior that she was pregnant with the couple’s seventh child, was later pronounced dead, the New York Post reported.

While the three eldest children were not seriously injured, the 32-year-old mother couldn’t fully defend her three youngest children sitting in the carriage from the oncoming car, according to the Post.

Sean and Melissa DeLoatch were struck by a driver after an alleged argument over smoking. Melissa was later pronounced dead at a hospital.

Sean and Melissa DeLoatch were struck by a driver after an alleged argument over smoking. Melissa was later pronounced dead at a hospital. (Facebook)

Charlene Rodriguez, a relative, told the paper that the 2-year-old daughter suffered a concussion and needed leg surgery, while her 3-year-old son had a lacerated liver. The 35-year-old husband and their 11-month-old child remained hospitalized. Police had said the injuries were non-life threatening.

Mendez was taken down with a stun gun by police after he exited the car with a knife, Haverstraw police said. He was arrested and charged with second-degree murder, and seven counts of attempted murder, WABC-TV reported. He pleaded not guilty to all charges at his arraignment Wednesday night.

Court records show that Mendez, of Washingtonville, had an arrest record in San Antonio, Texas, where he had recently lived. He had faced charges of theft, drunken driving and domestic violence, the Times reported.

“Killer u killed my wife lover best friend mother of my 6 kids my world,” her husband wrote on Facebook after the incident, linking to an article about Mendez’s arrest.

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The DeLoatch family had reportedly been living in a family shelter and had just earned enough money for a new apartment to raise their soon-to-be seven children.

“Her life was her children,” Charlene Rodriguez told the Post. “It’s been a nightmare, one the whole family wishes we could wake up from.”

Source: Fox News National

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UK police: Stabbing near London is far-right terrorism

British police say a stabbing west of London in which a man attacked a teenager with a baseball hat and knife while hurling racist abuse is being treated as a terrorist incident "inspired by the far-right."

A 50-year-old man from the village of Stanwell, near Heathrow Airport, was arrested Saturday on suspicion of attempted murder and racially aggravated public order offenses. A 19-year-old man was taken to the hospital with non-life-threatening injuries.

Neil Basu, head of counter-terrorism policing, said Sunday that while the investigation was just beginning, the incident had "hallmarks of a terror event." He added "police are committed to tackling all forms of toxic extremist ideology."

No further details were immediately available.

Source: Fox News World

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Co-founder pleads guilty in New York sex slave case

A co-founder of an embattled upstate New York self-help organization has pleaded guilty in a case featuring sensational claims that some followers became branded sex slaves.

Nancy Salzman pleaded guilty to conspiracy during a hearing in federal court in Brooklyn on Wednesday. She's to be sentenced on July 10. There was no immediate response from her lawyer.

Salzman was a co-founder of NXIVM, a cult-like group based near Albany. Prosecutors say a secret society within the organization branded women with a spiritual leader's initials and forced them to have sex with him.

The leader, Keith Raniere, is set to go on trial next month. Also charged in the case are Salzman's daughter as well as Seagram liquor fortune heiress Clare Bronfman and TV actress Allison Mack.

Source: Fox News National

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The Real National Emergency Is Not at the Border

The Real National Emergency Is Not at the Border

AP Photo/Evan Vucci, File

Unlike Donald Trump's manufactured crisis and his vanity wall at the Mexico border, severe income inequality and economic greed are true national emergencies. Still, the President plans to ask for $8.6 billion for the wall and a 5% cut across federal agencies -- except for defense -- in his 2020 fiscal budget.

Read Full Article »

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Michigan adoption agency flips LGBT policy after settlement

A major faith-based foster care and adoption contractor for the state of Michigan is reversing its policy and will place children with same-sex couples to comply with a legal settlement.

Bethany Christian Services and the state confirmed the change Monday.

Bethany Christian Services says while it is "disappointed" with how the settlement has been implemented, it will nonetheless reverse its policy so it continues foster care and adoption work for the state.

As of February, Bethany Christian Services was responsible for 1,159 — or more than 8% — of cases of children under state supervision.

Democratic Michigan Attorney General Dana Nessel's recent settlement prevents faith-based agencies from refusing to put children in LGBT homes for religious reasons. St. Vincent Catholic Charities sued last week to challenge the deal.

Source: Fox News National

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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