The camera and drone maker, which isn’t profitable, will cut more than 200 full-time positions as it rethinks its strategy of reshaping itself as an entertainment company.
Jim Farley's comments follow apparent assurances Nissan received from the British government in October over the future of the Japanese company's Sunderland plant.
Under the plan, Samsung would split into holding and operating companies, with the former likely to own about a 20% stake in the latter.
Chief Executive Officer Dion Weisler is cutting costs while trying to invest in his main products, personal computers and printers, which customers are using less.
The deal is Dr Pepper’s attempt to entice consumers who are shunning sugary drinks.
The two bidders gained an edge because both have technical expertise in air-bag systems and safety equipment and because carmakers view them as able to lower costs and improve quality.
A strategy for testing whether and how social media can help improve manufacturing operations.
In an intensive makeover effort, Toshiba has been shedding businesses and announced the sale of its medical devices unit to camera and office equipment maker Canon.
Jeffrey Immelt affirmed GE’s commitment to “people of all races, genders and sexual orientations” in an internal blog post Wednesday musing on the election.
The closures will affect about 580 jobs.