Mark Gath’s farmhouse in Luverne, Minnesota, sits 30 miles down country roads from Sioux Falls, South Dakota. From that base in the heartland, Gath, a sturdy man in boots and a blue shirt, farms more than 10,000 acres of corn and soybeans with the help of his wife, Leah, and sons Dalton and Stetson. Though his farm is larger than average, he feels squeezed by low commodity prices and the rising costs of seeds, pesticides and equipment. “Everyone is scared out here,” he says.
Google will invest $550m in JD.com, one of China’s largest e-commence companies, as part of a strategic partnership to jointly develop markets outside of the country, the two said in a statement Monday.
Aircraft parts manufacturers got a rude welcome back to work Monday with the announcement that Boeing is going into business with France’s Safran to make auxiliary power units. It’s one of the more surprising developments yet in Boeing’s drive to shake up its supply chain, which has featured heavy pressure on suppliers to reduce costs, as well as moves to in-source production of such disparate elements as seats, wings and avionics components.
In retailers' hot pursuit for that magic trick to entice consumers on a mass scale, 3-D printing has more or less come and gone as a fad, but to sneaker giant Adidas, mass-market 3-D printed products may soon be a reality with sizable retail promise.
More than two years after Tesla started taking $1,000 deposits for the Model 3, it’s increasingly unclear whether it can actually afford to sell the much-touted $35,000 version to fulfill CEO Elon Musk’s long-held vision of electric cars for the masses. That’s because doing so right now could be fatal to Tesla’s finances.
When Johnson & Johnson heard complaints in 2009 about a musty odor coming from Tylenol Arthritis Pain caplets, it retraced its entire supply chain to find the source. The culprit: shipping pallets.
Alibaba has long enjoyed a lucrative return from its massive online shopping network. But their extraordinary profitability is no longer a foregone conclusion as the Chinese e-commerce giant re-invests huge sums of money on new initiatives in the face of intensifying competition.