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Bangladesh sets minimum standards for factory safety
Washington, D.C. - Earlier this month in Dhaka, Bangladesh, the International Labor Organization (ILO), technical experts from the Alliance for Bangladesh Worker Safety, the Accord on Fire and Building Safety, and the Bangladesh University of Engineering and Technology (BUET) came to agreement on a common, minimum criterion for fire and structural inspection safety standards, pending a few final modifications.
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Staples swings to profit but sales fall
Framingham, Mass. -- Staples reported net earnings of $135.2 million for the third quarter ended Nov. 2, compared with a loss of $596.2 million a year earlier.
Sales fell to $6.11 billion from $6.35 billion as the retailer was challenged by soft demand for its products and closed stores in Europe and North America. Same-store sales in North America, excluding sales through Staples.com, fell 3%.