NYSE:DE - New York Stock Exchange, Inc. - US2441991054 - Common Stock
Cathie Wood-led Ark Invest made significant trades involving ACCD, DE, NTLA, PATH, CCJ, OKLO, ILMN, ESLT, and ABSI.
John Deere called the lawsuit a "flagrant misrepresentations of the facts."
US Federal Trade Commission Chair Lina Khan comments on the FTC and two states suing Deere & Co, alleging the company illegally monopolized agricultural equipment repairs. Speaking on "Balance of Power," Khan also discusses the agency's efforts to rein in big tech, the future of TikTok in the US and the outlook for M&A activity. (Source: Bloomberg)
After years of complaints about “unlawful” repairability policies, the FTC is suing tractor manufacturer Deere & Company. Repairability advocates are calling it a milestone for consumer rights.
The Federal Trade Commission has sued the tractor manufacturer John Deere. The organization alleges “unfair” practices, high repair costs and an inability for regular consumers to repair devices on their own.
The Federal Trade Commission has filed a lawsuit against agricultural equipment giant Deere & Company, alleging it holds a monopoly on repair services.
The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers.
The U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere, alleging it illegally drives up repair costs by forcing farmers to rely on its authorized dealer network. The administration of Joe Biden has targeted what it sees as anti-competitive practices in agriculture, ranging from improving the treatment of chicken farmers by meat processing companies to increasing competition in the seed sector. The lawsuit argues Deere has unlawfully boosted its profits by requiring farmers to use its network of authorized dealers for repairs, making it difficult for farmers to use independent mechanics or do repairs themselves, the agency said in a press release.
FTC accuses John Deere of decades of unlawful practices.-
The report also said the FTC was prepared to file the case as soon as this week, over concerns that the farm equipment maker had withheld key information and diagnostic tools from farmers and independent repair shops. Deere and the FTC did not immediately respond to Reuters requests for comment. Hargrove's filing said the FTC was probing whether Deere violated the Federal Trade Act's section 5, which prohibits unfair or deceptive practices affecting commerce.
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter.
(Bloomberg) -- The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe agency is prepared to file the case as soon as this week over concerns the tractor maker
/PRNewswire/ -- Today, John Deere (NYSE:DE) announced another significant step forward in supporting customers' ability to maintain and repair their machines...
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Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc. is getting rid of its diversity, equity and inclusion program that includes hiring, training and picking vendors, a company spokesperson confirmed on Friday. The move, which was first reported by Axios, comes on the heels of the social media giant's decision to end its third-party fact-checking program and scale back policies on hate speech and abuse. In practice, this means Meta will no longer have a team focused on diversity and inclusion and the company said it will instead “focus on how to apply fair and consistent practices that mitigate bias for all, no matter your background.”
At CES2025, the impressively built-out John Deere exhibit was all about autonomous job sites, farms, and lawns.
In the closing of the recent trading day, Deere (DE) stood at $410, denoting a -0.79% change from the preceding trading day.
John Deere is bringing its next-gen autonomous technology to orchards, quarries and campus lawns.
Fast-food company decides to scale back plans after 2023 US supreme court ruling and conservative backlash to DEI
McDonald's is ending some diversity, equity and inclusion programs, citing a Supreme Court decision that outlawed affirmative action in college admissions.
McDonald’s is ending some of its diversity practices, citing the U.S. Supreme Court’s 2023 decision outlawing affirmative action in college admissions. McDonald's is the latest to shift its tactics in the wake of the Supreme Court ruling and the conservative backlash that followed. Walmart, John Deere, Harley-Davidson and others have also rolled back diversity programs.
The company said in the coming years it will introduce a lineup of self-driving tractors that will revolutionize farming