Hidden immigrant workers pay bargain prices in clothing
Across Los Angeles and beyond, undocumented garment workers are paid below minimum wage as retailers push low prices. A 45 hour week yields about 225 dollars, while regulators say prices would rise about 40 percent to meet legal wages. Activists say pay records are often doctored to hide underpayment.
MENTIONED IN THIS ARTICLE
Los Angeles
Pedro
America
Department of Labor
Ruben Rosalez
San Francisco
United States
Labor Department
Forever 21
TJ Maxx
Ross Dress
Mariela Martinez
Garment Worker Center
U.S
Garment
GNC Faces Worst Year Since IPO in 2011
Pittsburgh based GNC Holdings struggles through a third straight quarterly revenue drop as shares slide over 64 percent in 2016. Interim CEO Bob Moran reshapes pricing and promotions while pursuing loyalty boosts and a Super Bowl ad as talks with Chinese suitors stall.
MENTIONED IN THIS ARTICLE
GNC
GNC Holdings
U.S
Wall Street
Bob Moran
Arctic cold lifts natural gas to top commodity status in 2016
A polar blast boosts demand for heating as western U S chills in January. Shale output slows, pushing U S gas toward a second straight annual decline while this year’s rally lifts gas 59 percent and pushes the country toward net export status for the first time since the 1950s. Gas futures rose strongly despite storage costs and rolling contracts.
MENTIONED IN THIS ARTICLE
United States
Commodity Weather Group LLC
Mexico
Santiago Diaz
Fcstone Latin America LLC
Miami
New York Mercantile Exchange
Apple to cut iPhone production by about 10 percent
Apple Inc will trim iPhone production by about 10 percent in the January to March quarter, based on supplier data cited by the Nikkei. The paper notes output was slashed 30 percent in the same period in 2016. An Apple spokeswoman declined comment.
MENTIONED IN THIS ARTICLE
Apple Inc
Nikkei Financial Daily
Apple
Markets Closed on New Year's Day Observance
U S stock markets were closed Monday in observance of New Year's Day reflecting a holiday shutdown across major exchanges. Trading desks reported light activity ahead of the week, with investors awaiting economic data and corporate earnings next.
MENTIONED IN THIS ARTICLE
U.S
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Chico Harlan
Washington Post
Julia 5 Design Children Clothing
Ling
Pittsburgh
Wal-Mart
Bane Sales
California
Jin Lee
Bloomberg News
New York
iPhone
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