And this Sunday, Germany and Argentina play the final game of the World Cup. If the last few weeks are any guide, a record number of Americans will be tuning in both on television and online. To hear more about the business of broadcasting soccer, we reached John Ourand, the media reporter at the Sports Business Journal. Good morning.
Ikea, a company famous for keeping its costs down, recently announced that it would raise the average minimum wage for its retail workers to $10.76 an hour. Why would the company volunteer to pay its workers more?
"By taking better care of our coworkers," says Rob Olson, the acting president of Ikea U.S., "they will take better care of our customers, who will take better care of Ikea. We see it as a win-win-win opportunity."
Labor tensions are high at the largest port complex in the country â€” Los Angeles and Long Beach â€” which handles nearly half of all the cargo coming into the United States.
Short-haul truck drivers are striking. They're the independent, contract truckers who bring the containers off the ships to nearby warehouses for companies like Wal-Mart and Costco. At the twin ports, their numbers hover around 10,000.
Eileen Ford, who is credited with inventing the modern modeling business and in the process launching the careers of supermodels such as Lauren Hutton, Christie Brinkley and Naomi Campbell, has died at 92.
A spokeswoman who handles public relations for Ford Models confirmed Wednesday's death, which follows a fall Ford took last week at her New York apartment.
One of electronics giant Samsung's suppliers in China used child labor to meet the South Korean company's production targets, a labor watchdog said in a report Thursday.
New York-based China Labor Watch says the Shinyang Electronics factory in Dongguan, China, hired child labor and underage student workers, altering "the strictness of hiring practices in order to adapt to Samsung's demands."