Lots of European retailers have signed onto a new pact to institute stricter rules after the factory tragedy this year. Which U.S. companies will follow suit?
The U.S. is suspending its trade benefits for Bangladesh. The Obama administration said the country has not moved quickly enough to address workplace safety following an eight-story factory collapse that killed over 1,000 workers.
Some companies who sell to the U.S. now prefer Mexico to China as a manufacturing base. Rising Chinese labor costs are part of the reason. Mexico's proximity to the U.S. is another.
It's been nearly a year since Richard Crowe was laid off from his job as a steelworker. And because of the sequester, his unemployment check was cut 10 percent. But a new job might be in his future.
A building housing several clothing factories collapsed in Bangladesh earlier today. At least 87 people are dead and many others are thought to be trapped in the rubble.