UAW Deal Raises Ford’s Breakeven Point

To end strikes in its biggest factories, Ford entered into a tentative agreement with the United Auto Workers Union to increase the wages of its 57,000 workers by 25% in the next four and a half years.

The increase in wages will add $850 to $900 labor cost per vehicle.  Ford faces a challenging task in balancing vehicle price, margin, and demand while remaining competitive relative to non-unionized automakers such as Tesla.


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The Broken Promises of the Patent System

The patent system is outdated.

In the US, a patent protects an inventor by preventing others to manufacture, sell, or use the invention for 20 years. In principle, this is a fair reward which spurs innovation and thus benefits us all. In reality, the system is flawed. It protects the first person that files for a patent, whether the invention works or not. Does the system really foster progress? Could AI exploit its flaws even further?

This post requires students to evaluate […]

By |2023-09-17T02:16:12+00:00September 17, 2023|Tags: , , |

Amazon Prescribes Bigger Investment in Healthcare

The acquisition of One Medical for $3.9 billion by Amazon signaled the intent of the e-commerce giant to compete in the healthcare industry, in particular, the telehealth sector.

Amazon has grown from operating as an online retailer to becoming a key player in entertainment, groceries, and pharmacy with the acquisition of MGM, Whole Foods, and PillPack respectively, in recent years.


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By |2022-09-05T19:50:24+00:00September 6, 2022|Tags: , , , |

Jaguar Land Rover Partners with Nvidia on Autonomous Vehicles

Jaguar Land Rover is in collaboration with Nvidia to develop vehicles that can drive themselves, park autonomously, and provide drivers with more information and software-powered features.  These driving technologies will be deployed in all Jaguar and Land Rover models in 2025, positioning Jaguar Land Rover to better compete with Tesla.


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This post is based on the Reuters article, Jaguar […]

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