Foxconn plans to spend that amount on top of the $1.6 billion it earlier set aside for the 300-acre site close to Bengaluru’s airport, said people familiar with the matter.

It’s impossible to put a price on safety at manufacturing and logistics facilities. World-class organizations know it’s directly tied to their ability to succeed.

Tesla has faced a backlash in the Nordic region from pension funds and labor unions over the company’s refusal to accept a collective bargaining agreement covering wages and other benefits.

Financing probably will take the form of a convertible bond in the coming weeks with the participation of German chemicals giant BASF SE, said CEO Henk van Alphen.

The average optimism score of executives fell to 6.76 out of ten during August 2023 after coming in at 6.88 during March 2023.

General contractors must embrace their new role as technology experts to better help clients navigate how and when to best utilize innovations of today.

There may indeed be a disconnect between frontline workers and their employers, but a new survey suggests that the latter are making a sincere effort to repair it.

CEO Oscar Sevilla said in a December 6 letter to clients seen by Bloomberg News that “the macroeconomic factors working against Mercon have persisted for longer than expected."

Combined with AI & AR/VR, AaaS streamlines operations, reduces costs, and increases productivity.

David Salerno, director with 4flow, summarizes the top challenges that supply chains are facing today, and recommends how companies should be equipped to manage the resulting complexities.