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Ankit Ajmera Chrysler Pacifica Tech Top News 

Waymo retires Firefly to focus on mass-produced vehicles

June 13, 2017 (Reuters) – Alphabet Inc’s self-driving car unit Waymo said it is retiring its line of Firefly test vehicles to focus on integrating its technology into mass-produced vehicles. Waymo would work towards equipping its initial fleet of 600 Chrysler Pacifica minivans with custom-built radar and vision systems, and an all-new artificial intelligence compute platform, to enable the cars to see even further and sharper, the company said. “By focusing on mass-produced vehicles like the Pacifica minivan, we’ll be able to bring fully self-driving technology to more people, more…

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Ford to cut 10 percent of its salaried workforce in North America, Asia

May 17, 2017 (Reuters) – Ford Motor Co said on Wednesday that it plans to cut 10 percent of its salaried workforce in North America and Asia. The U.S. automaker employed about 201,000 workers globally as of Dec. 31. Reuters reported the news on Monday, citing a source familiar with the matter. (Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D’Couto) The post Ford to cut 10 percent of its salaried workforce in North America, Asia appeared first on One America News Network. Powered by WPeMatico

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Sears warns of ‘going concern’ doubts

March 22, 2017 By Ankit Ajmera and Nathan Layne (Reuters) – Sears Holdings Corp, once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” Sears said in its annual report for the fiscal year ended Jan. 28. (http://bit.ly/2mRUcce) The company said an inability to generate additional liquidity might limit its access to new merchandise or its ability…

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