Want to join the conversation?
$DE said it informed about 120 production employees at John Deere Harvester Works in East Moline, Illinois that they will be placed on indefinite layoff effective Sept. 6. The factory's workforce now includes about 1050 production employees. $DE still adjusts size of production workforce to market demand for products made at each of factories.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.