Source: YAHOO FINANCE, 1/17/17

German chemical giant Bayer AG is promising President-elect Donald Trump billions of dollars in research and development spending in the U.S., as well as what it is saying will be a significant commitment to create jobs, if its planned merger with Monsanto Co. (MON) receives the necessary regulatory approvals to proceed, a Trump transition team spokesman confirmed on Tuesday.

For more of this story, click here.