Manufacturer to Turn Over Profits After Children Found Operating Machinery [Yahoo! Finance]
Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
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US:NYSE Investor Relations:
investor.deere.com/home/default.aspx
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Source: Yahoo! Finance
employed children illegally and allowed them to operate potentially dangerous machinery. The U.S. Department of Labor said that Tuff Torq employed 10 children — reportedly as young as 14 — that were subjected to “oppressive” child labor at its East Tennessee facility. In particular, officials from the agency's Wage and Hour Division visited the company's Morristown plant in late January as part of a months-long investigation — at which point they observed a child operating a power-driven hoisting apparatus. The department this week announced that it had obtained a federal consent judgment levying a nearly $297,000 penalty against Tuff Torq and requiring the company to set aside the $1.5 million amount. The latter provision, officials said, reflects 30 days' worth of profits related to the child labor violations and would be used to compensate those children. Most Read on IEN: Key Bridge Collapse Was 'Infrastructure System Failure' Ford to Drastically Cut Hourly Workers at F-
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DE
News
- Deere (DE) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Outdoor Power Equipment Market To Reach USD 80.8 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Meet the American who invented the gas-powered tractor, entrepreneur John Froelich, helped feed the world [FOX News]FOX News
- Deere & Company: A Good Business At A Fair Price [Seeking Alpha]Seeking Alpha
- Deere (DE) Stock Moves -0.14%: What You Should Know [Yahoo! Finance]Yahoo! Finance
DE
Earnings
- 2/15/24 - Beat
DE
Sec Filings
- 4/18/24 - Form 11-K
- 4/18/24 - Form 11-K
- 3/7/24 - Form 4
- DE's page on the SEC website