Advertisement
Canada markets closed

  • S&P/TSX

    22,320.87
    +120.08 (+0.54%)
     

  • S&P 500

    5,304.72
    +36.88 (+0.70%)
     

  • DOW

    39,069.59
    +4.33 (+0.01%)
     

  • CAD/USD

    0.7320
    +0.0036 (+0.49%)
     

  • CRUDE OIL

    77.80
    +0.93 (+1.21%)
     

  • Bitcoin CAD

    94,054.15
    -131.05 (-0.14%)
     

  • CMC Crypto 200

    1,481.44
    +13.34 (+0.91%)
     

  • GOLD FUTURES

    2,335.20
    -2.00 (-0.09%)
     

  • RUSSELL 2000

    2,069.67
    +21.26 (+1.04%)
     

  • 10-Yr Bond

    4.4670
    -0.0080 (-0.18%)
     

  • NASDAQ

    16,920.79
    +184.76 (+1.10%)
     

  • VOLATILITY

    11.93
    -0.84 (-6.58%)
     

  • FTSE

    8,317.59
    -21.64 (-0.26%)
     

  • NIKKEI 225

    38,646.11
    -457.11 (-1.17%)
     

  • CAD/EUR

    0.6744
    +0.0011 (+0.16%)
     

Office Depot to pay $3.4 million over office chair defects

Reuters

WASHINGTON (Reuters) - The U.S. Consumer Product Safety Commission on Wednesday said Office Depot Inc <ODP.O> has agreed to pay $3.4 million in fines over its failure to report defects in two models of office chairs.

Office Depot received complaints that the chairs' seat backs failed, causing back injuries, the regulator said. The company neither admitted nor denied the commission's allegations.

(Reporting by Emily Stephenson; Editing by Will Dunham)