Best Buy is trying to wriggle out of the big box. The electronics retailer has a lot of real estate in its giant blue stores, but it isn't profitable space: In its most recent quarter, the company reported a $1.7 billion loss. So it's shedding stores and workers — and rethinking its big-box concept.
President Obama is expected to sign another stopgap funding bill that avoids a weekend shutdown of thousands of transportation construction projects. The measure gives a 90-day funding extension for road, bridge and rail construction projects.
From NPR News, this is All Things Considered. I'm Robert Siegel.
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The Fair Labor Association, a labor rights group, has released its audit of Apple's largest supplier in China, Foxconn. The group found what it calls significant issues with working conditions at three factories there, including more than 50 violations of the FLA's code of conduct and Chinese labor law.
A review completed by the Fair Labor Association found "significant issues with working conditions at three factories in China operated by Apple's major supplier Foxconn."
Apple joined the Fair Labor Association after various reports detailed poor working conditions at the supplier factories. Those reports spawned protests against Apple and Apple responded by saying the FLA would audit the Chinese factories.
In its press release the FLA said the big issues revolved around overtime. The FLA reports: