Jury Awards $5 Million to Widow in Tractor Fatality
A jury in Oklahoma recently awarded a woman $5 million in a civil suit claiming her husband鈥檚 death in a tractor accident was the equipment manufacturer鈥檚 fault.
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Deere
Deere Discusses Plan to Boost Profits
Deere & Co. last week said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. The company is also reviewing its overseas footprint in markets that have peaked or over-invested.
Read moreDeere Reduces Workforce
Deere recently announced indefinite layoffs amid demand woes.
Read moreDeere Turns to U.S. After Growth Overseas Stalls
John May, Deere鈥檚 incoming chief executive, will narrow the company’s focus to enhancing technology and growing the U.S. market. This is a pivot from CEO Sam Allen鈥檚 emphasis on selling more equipment in developing markets overseas.
Read moreDeere Sues Former Employee, Husband-Wife Duo Over Trade Secrets
Deere filed suit this week in U.S. District Court against two former employees for allegedly stealing trade secrets. The suit claims the husband and wife downloaded, transferred and removed confidential information while planning their exits.
Read moreDeere sues two former employees over trade secrets
Deere & Co. filed suit last week in U.S. District Court against two former employees for allegedly stealing trade secrets.
Read moreDeere’s Quarterly Report Shows Sales Dip
For the quarter ending July 28, sales at its agriculture and turf segment declined 6 percent year-on-year. Overall, equipment sales were down 3 percent. The company cut its full-year earnings outlook for the second time in the past three months.
Read moreDeere Names New CEO
The Deere board has elected John C. May as a member of the board and chief executive officer. He succeeds Samuel R. Allen, who will continue as chairman of the board.
Read moreDeere Honors Member
Assembled Products, Inc. has been named an Enterprise Supply Management Supplier of the Year by John Deere. The Urbandale, Iowa,
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