The International Labor Organization, the U.N. agency that deals with labor issues, has released a report on the growing number of domestic workers around the globe, and their lack of legal and worker protections. There are almost 53 million domestic workers and 83 percent are women. They have often been ignored by policy makers.
The Consumer Electronics Show opened this week in Las Vegas. It's supposed to give the world a glimpse of what's coming next in technology. But the absence of major consumer-technology companies such as Amazon, Apple and Microsoft, has led some to wonder whether CES still matters.
Alcoa, the biggest aluminum producer in the U.S., has announced it posted a profit of more than $240 million in the last three months of 2012. That's a big improvement from the same quarter the year before when it lost $190 million.
Insurance company AIG holds a board meeting Wednesday to consider joining former CEO Maurice "Hank" Greenberg's lawsuit against the government over its handling of the AIG bailout in 2008. For more on the suit, Steve Inskeep talks to business reporter Michael de la Merced of The New York Times.
Target says it will match the online prices of Amazon.com and others. Target knows that increasingly consumers are using mobile devices to check prices online as they cruise the aisles. And if the price is better somewhere else, that's where they'll buy it.
Originally published on Tue January 8, 2013 5:44 pm
By Krishnadev Calamur
Credit Stephan Savoia / AP
A fuel leak Tuesday on a Tokyo-bound Japan Airlines flight forced the Boeing 787 Dreamliner aircraft to cancel takeoff and return to the gate at Boston's Logan International Airport. It was the second incident involving a Dreamliner in two days.
Here's how Logan airport described the incident on its Facebook page:
In the European Union, unemployment rates in the region that uses the euro currency are at their highest ever, as a returned recession, falling income levels and persistent debt concerns trouble the region's economy, as its latest statistics show.
After nearly five years of economic crises, the European Union is also seeing more divergence between its member nations, particularly in the north, where economies have resilience, as opposed to the south, where unemployment rates are an average of more than 7 points higher.