Textile workers in some poor countries like Bangladesh can make less than $100 a month. One factory in the Dominican Republic is trying something different: It's paying workers $500 a month. The company has yet to break even after three years, but the CEO says the business is growing rapidly and he believes it will be profitable.
A growing number of cities are using surveillance cameras in the hope of fighting crime, but all that video is almost useless without powerful search tools to sort the material. The municipal camera trend is proving to be big business for companies that design video analytics software.
This week's meeting of the Group of Eight industrialized countries concluded with a pledge to end the use of tax shelters by multinational corporations. But there are still big questions about how they will make a dent in the problem.
A New York Federal District Court judge ruled that Fox Searchlight Pictures broke the law by not paying two interns for work on the film Black Swan. As a result, private employers may be considering revising their internship programs, or scrapping them altogether.
The company did not explain why George Zimmer, who opened the first Men's Warehouse in 1973, was let go. Since the mid-'80s, Men's Warehouse ads have featured Zimmer delivering the company's famous slogan: "You're going to like the way you look. I guarantee it."
The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.
The National Potato Council wants potatoes to be allowed in a supplemental food program for low-income women and children at nutritional risk. But advocates for the program say the industry just wants to circumvent the scientific process that sets policy on nutrition.
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