Bayer AG agreed to pay more than $7 billion as part of a settlement push to resolve current and future cancer lawsuits over its top-selling Roundup weed killer, the company announced Tuesday.

The German conglomerate proposed a $7.25 billion class-action settlement through cases filed in state court in Missouri designed to resolve Roundup suits that already have been filed and potential claims that could be filed over a 21-year period, the company said.

As part of the effort, Bayer has reached separate settlements worth at least $3 billion of existing U.S. cases in which former Roundup users blame the herbicide for causing their non-Hodgkin’s lymphoma, according to people familiar with the deals. Among the cases settled was a $2.1 billion verdict handed down by a state court jury in Georgia last year, said the people, who asked not to be named discussing the confidential agreements.

Bayer is making the move after the U.S. Supreme Court agreed last month to hear its appeal of a $1.25 million Missouri jury verdict against the company’s Monsanto unit over Roundup on the grounds some of the claims in the 2023 case were preempted by federal law.

Palantir relocating its HQ to Miami

Palantir Technologies said it’s moved its headquarters to Miami from Denver at a time when more tech companies are flocking to South Florida where local officials are promoting the region as an alternative to Silicon Valley.

The announcement was made Tuesday in a brief statement on the social media platform X, but no reason was provided for the move. A spokesperson for the company didn’t respond to a request for comment.

Palantir, a data analytics company with extensive defense contracts, is Colorado’s largest public company, and its decision followed multiple protests since it moved to Denver in 2020 from Palo Alto, due to cultural and ideological differences, according to the Denver Post.

Miami has been attracting companies and wealthy business executives since the outset of the pandemic drawn by a mix of low taxes and good weather.

Fed ponders labor, rate changes

Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month’s meeting show.

The “vast majority” of the 19 participants on the Fed’s rate-setting committee said that there were signs the job market has stabilized, after the unemployment rate rose in late 2025, the minutes said. And most of the officials agreed that the Fed’s key rate is close to a level that neither stimulates nor restrains the economy. The minutes were released Wednesday, three weeks after the central bank’s Jan. 27-28 meeting.

The minutes underscored the deeply divided nature of the committee, with several camps emerging: “Several” officials said additional cuts will “likely be appropriate” if inflation continues to decline. But “some” officials favored keeping rates unchanged “for some time,” suggesting a longer pause. And several other officials said they could have supported language in the statement issued after the meeting that would signal the next move by the Fed could be either a cut or a rate hike, if inflation remains above the 2% target.

Uber to spend $100M on robotaxi charging

Uber Technologies is planning to spend more than $100 million to build fast-charging, autonomous-vehicle charging stations in the U.S., the latest move to establish itself as a critical player in the robotaxi industry.

The company said in a statement Wednesday that it will focus on building the new high-capacity charging hubs starting in the San Francisco Bay Area, Los Angeles and Dallas — markets where it also plans to launch public robotaxi services with technology partners to compete with Alphabet Inc.’s Waymo. The amount will cover site development costs, equipment, grid connection and associated capital expenditure for developing the charging infrastructure, a spokesperson said.

Owning some chargers “improves efficiency, lowers costs and keeps vehicles on the road longer, maximizing utilization and uptime,” Uber said in the statement.

On Wednesday, Uber also announced it has reached new deals with charger operators to make charging more accessible to its rideshare drivers in electric vehicles. It will guarantee usage to these partners — meaning, it will pay fines if Uber drivers don’t reach certain utilization levels. This, in turn, will help would help operators justify rolling out more than 1,000 new chargers globally, the spokesperson said.

Compiled from Associated Press and Bloomberg reports.