In a bid to allow more time for ongoing federal district court litigation to play out, the boards of Framingham-based Staples, Inc. and Office Depot have voted to extend the two office supply companies' initial merger agreement.
A new survey has found that approximately one in four American workers freelances in some capacity, largely because they like the flexibility and financial benefits that come with it.
Citing a lack of response from the Federal Trade Commission, Staples Inc. announced it is pursuing legal options while continuing to push for talks with the FTC as it pushes for a merger with Office Depot.
Framingham office supply supplier Staples has announced it will fight the Federal Trade Commission's challenge to its planned merger with Office Depot.
Staples' bid to buy its chief rival, Office Depot, has been knocked by the American Postal Workers Union (APWU), which told Federal Trade Commission investigators that the merger proposed by the Framingham company would create a monolithic entity akin to “Godzilla” that would dominate rivals in the office-supply market.
Five companies located in the MetroWest region earned the highest scores possible on the Human Rights Campaign's annual Corporate Equality Index (CEI), that measures major companies' lesbian, gay, bisexual and transgender (LGBT) inclusion in the workplace.
Framingham-based Staples Inc. reported on Wednesday revenue numbers fell short of expectations, leading the stock to drop by 3 percent in early trading.
Following a shareholder vote in June, Framingham-based office supply retailer Staples Inc. announced this week it will limit severance packages for senior executives that leave the company.
The Federal Trade Commission (FTC) is taking more time to issue its decision on Staples' proposed purchase of Office Depot, delaying its ruling for nearly two months.