IN THE NEWS: LABOR GROUP SAYS CONDITIONS AT APPLE PLANTS IMPROVING
WASHINGTON (AP) -- A labor group Apple joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are getting better. However, the Fair Labor Association says employees are still working more hours than the country's legal limit. The labor group says Apple's largest supplier, Foxconn, has made all the improvements that had been recommended -- and did so before they were due by the end of December. The report says Foxconn has reduced working hours -- though not enough to comply with the Chinese legal limit of 49 hours per week. Foxconn is scheduled to do that by July.
IN THE NEWS: TICKETMASTER SETTLEMENT
LOS ANGELES (AP) -- Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people. A federal judge in Los Angeles approved the settlement last week. People who had bought tickets on Ticketmaster online ended up being enrolled in a rewards program that cost $9 a month. But because they didn't know they were in the program, they didn't end up with any benefits from the program. An attorney for the plaintiffs says those customers who were affected will be getting an email today with a link to a Web site where they can file a claim. Each customer can get up to $30.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173 Dow Record: Three tales of ups, downs and changes AP Photo FX102, FX103 Eds: With BC-US--Dow Record. Adds photos. By SCOTT MAYEROWITZ AP Business Writer NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...